Noida, India; 24th November 2016 – HCL Technologies (HCL), a leading global IT services company, continues to be recognized for its global Internet of Things (IoT) technology leadership, best–in–class capabilities & solutions offerings. ‘IoT WoRKSTM by HCL’, the business unit dedicated for IoT Services, has been named a leader by IDC MarketScape in its report “IDC MarketScape: Worldwide Internet of Things Consulting and Systems Integration Services 2016 Vendor Assessment” (doc #US41880716, November 2016).
This IDC MarketScape study covers 15 vendors participating in the worldwide IoT professional services market. The evaluation is based on a comprehensive framework and set of parameters expected to be most conducive to success in providing IoT professional services during both the short term and the long term.
According to the IDC report, “HCL's IoT services offerings span the life cycle of a typical IoT project — define specific use cases, build, and run (including using its IP DRYICETM for automation/orchestration of signals) — that are customizable based on where customers are in their IoT journey.”
“HCL has been recognized as a worldwide leader for IoT services by IDC MarketScape, the ICT industry's premier vendor assessment tool. IoT WoRKSTM offers end–to–end IoT services across the entire lifecycle of an IoT project – Define, Build, Run – which are adaptable based on where the customers are on their IoT journey,” said Sukamal Banerjee, Executive Vice President & Global Head of IoT WoRKSTM, HCL Technologies. “As per the report, buyers rate IoT WoRKSTM highly for growth strategy & execution, employee development and business models.”
IoT WoRKSTM by HCL is the front runner in the field of IoT, enabling organizations to leverage best–in–class IoT solutions for maximizing returns from their asset investments and creating entirely new services that deliver measurable business outcomes. HCL offers end–to–end IoT services for organizations across the three phases – Define, Build & Run, to help design enterprise IoT programs, develop and implement IoT systems for realizing business value.
About IDC MarketScape
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360 degree assessment of the strengths and weaknesses of current and prospective vendors.
About HCL Technologies
HCL Technologies is a leading global IT services company working with clients to impact and redefine the core of their businesses. Since its emergence on the global landscape after its IPO in 1999 and listing in 2000, HCL Technologies, along with its subsidiaries, today operates out of 32 countries and has consolidated revenues of US$ 6.6 billion, for 12 Months ended 30 September, 2016. For the 21st Century Enterprise, HCL focuses on business model transformation, underlined by innovation and value creation, offering an integrated portfolio of services including BEYONDigitalTM, IoT WoRKSTM, Engineering Services Outsourcing and Next–Generation ITO that focuses on integrated infrastructure services, applications services and business services. HCL leverages DRYiCETM, its third generation autonomics and orchestration platform, global network of integrated innovation labs, and global delivery capabilities to provide holistic multi–service delivery in key industry verticals including Financial Services, Manufacturing, Telecommunications, Media, Publishing Entertainment, Retail CPG, Life Sciences Healthcare, Oil Gas, Energy Utilities, Travel, Transportation Logistics and Government. With 109,795 professionals from diverse nationalities, HCL Technologies focuses on creating real value for customers by taking 'Relationships Beyond the Contract'. For more information, please visit www.hcltech.com
Forward–looking Statements
Certain statements in this release are forward-looking statements, which involve a number of risks, uncertainties, assumptions and other factors that could cause actual results to differ materially from those in such forward-looking statements. All statements, other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to the statements containing the words 'planned', 'expects', 'believes’,’ strategy', 'opportunity', 'anticipates', 'hopes' or other similar words. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding impact of pending regulatory proceedings, fluctuations in earnings, our ability to manage growth, intense competition in IT services, business process outsourcing and consulting services including those factors which may affect our cost advantage, wage increases in India, customer acceptances of our services, products and fee structures, our ability to attract and retain highly skilled professionals, our ability to integrate acquired assets in a cost-effective and timely manner, time and cost overruns on fixed-price, fixed-timeframe contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, the success of our brand development efforts, liability for damages on our service contracts, the success of the companies /entities in which we have made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property, other risks, uncertainties and general economic conditions affecting our industry. There can be no assurance that the forward-looking statements made herein will prove to be accurate, and issuance of such forward-looking statements should not be regarded as a representation by the Company, or any other person, that the objective and plans of the Company will be achieved. All forward-looking statements made herein are based on information presently available to the Management of the Company and the Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.
For details contact
Sumit Aggarwal
HCL Technologies Ltd
Sumit.aggarwal@hcl.com