HCLTech recognized as Leader in Everest Group’s Software Product Engineering Services | HCLTech
Analyst Firm Name
Everest Group
HCLTech recognized as a Leader in Everest Group’s Software Product Engineering Services PEAK Matrix® Assessment 2024

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HCLTech has been rated as a Leader in the Everest Group's Software PEAK Matrix® Assessment 2024. This comprehensive study evaluated 43 engineering service providers around the globe.

As per Everest Group, Leaders possess a remarkable ability to offer end-to-end high-value product and platform management services and operations, along with a global presence and significant technological investments.

“HCLTech has been recognized as a Leader in Everest Group's Software Product Engineering Services PEAK Matrix® Assessment 2024. The firm has cemented its leadership through offerings spanning the entire value chain, a well-diversified portfolio across verticals, a strong partner ecosystem and willingness to engage with clients via non-conventional commercial constructs," said Mayank Maria, Vice President at Everest Group.

“The firm is also proactive in developing IP solutions and labs in areas such as cloud, automation, data engineering, AI/ML and monitoring. Customers value HCLTech for its strong technical expertise and ability to bring innovative ideas to engagements.”

software-product-engineering-services

 

Key highlights of the excerpt:

  • HCLTech has focused on farming existing client relationships, which has resulted in elevation of Annual Contract Value (ACV).
  • The firm has a balanced presence across all major geographies and across throughout the software value chain, enabling diversification and resilience during economic downturns.
  • It has a comprehensive partner ecosystem comprising hyperscalers, data and analytics players, other enterprise technology providers (automation, low-code no-code, cybersecurity), and academia.
  • HCLTech has been proactive in developing verticalized solutions as well as IP across pertinent themes including data engineering, cloud, automation, monitoring, AI/ML and cybersecurity.
  • Clients appreciate HCLTech for its technical expertise (especially across and testing), ability to bring innovative ideas/approaches (leveraging IP and accelerators) to engagements, and effective attrition management practices.
  • The firm actively leverages emerging deal constructs such as product carve outs and has developed dedicated services / IP solutions tailored for private equity firms. It also makes significant use of innovative pricing models such as revenue sharing, risk-reward and outcome-based pricing.

Download the excerpt to learn more.

HCLTech has been rated as a Leader in the Everest Group's Software PEAK Matrix® Assessment 2024. This comprehensive study evaluated 43 engineering service providers around the globe.

As per Everest Group, Leaders possess a remarkable ability to offer end-to-end high-value product and platform management services and operations, along with a global presence and significant technological investments.

“HCLTech has been recognized as a Leader in Everest Group's Software Product Engineering Services PEAK Matrix® Assessment 2024. The firm has cemented its leadership through offerings spanning the entire value chain, a well-diversified portfolio across verticals, a strong partner ecosystem and willingness to engage with clients via non-conventional commercial constructs," said Mayank Maria, Vice President at Everest Group.

“The firm is also proactive in developing IP solutions and labs in areas such as cloud, automation, data engineering, AI/ML and monitoring. Customers value HCLTech for its strong technical expertise and ability to bring innovative ideas to engagements.”

software-product-engineering-services

 

Key highlights of the excerpt:

  • HCLTech has focused on farming existing client relationships, which has resulted in elevation of Annual Contract Value (ACV).
  • The firm has a balanced presence across all major geographies and across throughout the software value chain, enabling diversification and resilience during economic downturns.
  • It has a comprehensive partner ecosystem comprising hyperscalers, data and analytics players, other enterprise technology providers (automation, low-code no-code, cybersecurity), and academia.
  • HCLTech has been proactive in developing verticalized solutions as well as IP across pertinent themes including data engineering, cloud, automation, monitoring, AI/ML and cybersecurity.
  • Clients appreciate HCLTech for its technical expertise (especially across and testing), ability to bring innovative ideas/approaches (leveraging IP and accelerators) to engagements, and effective attrition management practices.
  • The firm actively leverages emerging deal constructs such as product carve outs and has developed dedicated services / IP solutions tailored for private equity firms. It also makes significant use of innovative pricing models such as revenue sharing, risk-reward and outcome-based pricing.

Download the excerpt to learn more.

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