NEW YORK and NOIDA, India, Feb 13, 2025—HCLTech, a leading global technology company, has been named a Leader and Star Performer in Everest Group’s SAP Business Application Services PEAK Matrix® Assessment 2025. This recognition underscores the company’s ability to execute large-scale, complex SAP transformations, delivering exceptional business outcomes for clients across industries.
With 60%-70% of enterprises still to migrate to SAP S/4HANA and SAP ending ERP Central Component (ECC) support by 2027, the market is undergoing a major shift. HCLTech leverages its deep industry expertise and strategic alignment with clients to guide them through this transition, driving digital transformation and sustainable value. By utilizing SAP Business Technology Platform (BTP) and AI, including generative AI (GenAI), HCLTech enables clients to accelerate the move towards intelligent enterprise applications, ensuring timely migrations and minimizing additional costs associated with extended SAP support.
HCLTech’s joint AI Lab with SAP in Munich, along with its substantial investments in industry-specific and horizontal SAP solutions, strengthens its position as a top partner for SAP-driven transformations. The company’s cross-industry experience, combined with its end-to-end SAP service capabilities, enables faster time-to-market and optimized outcomes for clients.
“HCLTech has demonstrable proof points for SAP business application services, serving clients across geographies and industries. It has further invested in developing a set of horizontal tools/frameworks designed to expedite time-to-market in all phases of service delivery across SAP products. It has also invested in developing GenAI labs to help SAP clients develop transformative solutions. As a result, HCLTech has been positioned as a Leader and a Star Performer in Everest Group's SAP Business Application Services Peak Matrix® Assessment 2025,” said AS Yamohiadeen, Practice Director at Everest Group.
“Our recognition as Star Performer is a testament to HCLTech’s advances in innovation, value of new contract signings, increase in scope of services offered and improvement in value delivered to our clients,” said Sadagopan S, Executive Vice President, Global Head of SaaS and Commercial Applications, HCLTech. “Our strategic acquisitions and continued investment in digital transformation capabilities position HCLTech as a trusted partner, ready to guide enterprises through the upcoming SAP S/4HANA migration and drive lasting, sustainable change.”
Everest Group awards Star Performer rating to service providers with the maximum number of top-quartile performance improvements across market adoption, portfolio mix, value delivered, vision and strategy, technology capability, services capability and innovation and investments.
To read the full report, visit https://www.hcltech.com/analyst-reports/hcltech-positioned-as-a-leader-and-a-star-performer-in-everest-group-sap-business-application-services-peak-matrix-assessment-2025
About HCLTech
HCLTech is a global technology company, home to more than 220,000 people across 60 countries, delivering industry-leading capabilities centered around digital, engineering, cloud and AI, powered by a broad portfolio of technology services and products. We work with clients across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, Technology and Services, Telecom and Media, Retail and CPG and Public Services. Consolidated revenues as of 12 months ending December 2024 totaled $13.8 billion. To learn how we can supercharge progress for you, visit hcltech.com.
For further details, please contact:
Meredith Bucaro, Americas
meredith-bucaro@hcltech.com
Elka Ghudial, EMEA
elka.ghudial@hcltech.com
James Galvin, ANZ
james.galvin@hcltech.com
Nitin Shukla, India
nitin-shukla@hcltech.com