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News : Everest Group Names HCL Amongst Leaders for Global Banking IT Outsourcing
Noida, India, Aug 23, 2016 -- HCL Technologies (HCL), a global IT services company, has been positioned as a "LEADER" in Everest Group PEAK Matrix™ for Global Banking IT Outsourcing Services. As per the report "IT Outsourcing in Global Banking – Service Provider Landscape with PEAK Matrix™ Assessment 2016", HCL’s strong digital vision and high focus on innovation are some of the strengths cited by its clients.
The report analysed 28 IT service providers for banking applications outsourcing, characterizing leaders as those that have invested aggressively (in house/alliance/acquisition) in next–generation technologies such as mobility, analytics, cloud, automation, and cognitive computing, partnered with niche technology startups through a well–defined FinTech strategy, and expanded their nearshore presence.
According to the report, HCL has demonstrated credible growth by replacing large incumbents in recent deal wins and has been able to successfully position itself as an innovative IT service provider with focus on risk & regulatory compliance, legacy modernizations, and digital. IP–led approach, growing partner ecosystem, success in large scale vendor consolidations deals, and proactive investments in clients through co–innovation labs and PoCs have helped it build strong credential and position itself as a leader in this year’s Banking AO PEAK Matrix.
"Everest Group has recognized HCL as a leader for the second year in a row, testifying HCL’s leadership in the global banking IT and applications outsourcing space. The recognition highlights the maturity of HCL’s banking–specific investments & solutions, co–innovation labs, partner ecosystem and flexible & innovative delivery models. Clients have specifically praised HCL’s strong and clear digital vision through the BEYONDigital business unit and high focus on innovation" said Rahul Singh, President & Global Head – Financial Services, HCL Technologies.
Posted by Veronica Silva Cusi, news correspondent
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HCL Enterprise is a 32-year-old Global Technology and IT enterprise, with operations spanning 23 countries. The 3-decade-old enterprise, founded in 1976, is one of India's original IT garage startups. Its range of offerings spans Product Engineering, Custom & Package Applications, Business Process Outsourcing, IT Infrastructure Services, IT Hardware, Systems Integration, and distribution of ICT products. HCL Enterprise comprises two companies listed in India, namely HCL Infosystems and HCL Technologies. HCL Infosystems deals with hardware, system integration, network and ICT distribution, solely for the Indian market. HCL Technologies on the other hand, focuses on Transformational Outsourcing, working with clients in areas that impact and re-define the core of their business. The company leverages an extensive global offshore infrastructure and its global network of offices in 23 countries to deliver solutions across select verticals.
About Everest Group:
Everest Group is an advisor to business leaders on the next generation of global services with a worldwide reputation for helping Global 1000 firms dramatically improve their performance by optimizing their back- and middle-office business services. With a fact-based approach driving outcomes, Everest Group counsels organizations with complex challenges related to the use and delivery of global services in their pursuits to balance short-term needs with long-term goals.
Published: Friday, August 26, 2016