News : HCL Technologies Signs a Global IT Transformation Deal with Volvo Group
Noida, India; Gothenburg, Sweden, February, 2016 -- HCL Technologies (HCL) a global IT services provider, announced the signing of an IT outsourcing deal with the Volvo Group, a manufacturer of commercial vehicles and the customers of its external IT business. HCL also acquired Volvo’s external IT business, adding new customers from the Nordics and France to its portfolio. Approximately 2,500 people working for the Volvo Group will transfer to HCL across 11 countries. for an IT outsourcing engagement of this size and magnitude.
According to the agreement, which follows a Letter Of Intent to this effect announced by Volvo Group in October 2015, HCL will use its 21st Century Enterprise Framework to deliver on a technology transformation roadmap for optimising Volvo Group’s infrastructure and application operations; making it ready for the rapid advancements in business enabling technology such as cloud, automation, business intelligence and big data.
This, and the cultural fit between our two organisations, is the foundation for a partnership that will provide long term and strategic benefits for the Volvo Group," says Olle Högblom, CIO of the Volvo Group and President of Volvo IT. "I am convinced that HCL will prove to be an outstanding partner also for the other customers of Volvo IT and that our former employees of Volvo now joining HCL will find themselves becoming an important part of a leading global IT services provider, with a very exciting and modern business philosophy."
Posted by: Laura Collins, Editorial Management
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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.
The Volvo Group is a Swedish multinational manufacturing company headquartered in Gothenburg. Its core activity is the production, distribution and sale of trucks, buses and construction equipment.
Published: Tuesday, February 23, 2016