HCL Technologies is an Indian
count in top 10 software company in india
HCL Technologies is an Indian multinational information technology (IT) services and consulting company headquartered in Noida, Uttar Pradesh, India.
It is a subsidiary of HCL Enterprise. Originally a research and development division of HCL, it emerged as an independent company in 1991 when HCL entered into the software services business.[7] The company has offices in 50 countries including United Kingdom, United States, France, and Germany with a worldwide network of R&D, "innovation labs" and "delivery centers", over 187,000 employees and its customers include 250 of the Fortune 500 and 650 of the Global 2,000 companies.
It operates across sectors including aerospace and defense, automotive, banking, capital markets, chemical and process industries, energy and utilities, healthcare, hi-tech, industrial manufacturing, consumer goods, insurance, life sciences, manufacturing, media and entertainment, mining and natural resources, oil and gas, retail, telecom, and travel, transportation, logistics & hospitality.[8][9]
HCL Technologies is on the Forbes Global 2000 list.[10] It is among the top 20 largest publicly traded companies in India with a market capitalisation of $50 billion as of September 2021.[11][12] As of July 2020, the company, along with its subsidiaries, had a consolidated annual revenue of ₹71,265 crore (US$10 billion)
History of HCL
HCL Enterprise
HCL Enterprise was founded in 1976.
The first three subsidiaries of parent HCL Enterprise were:
- HCL Technologies - originally HCL's R&D division, it emerged as a subsidiary in 1991[17]
- HCL Infosystems
- HCL Healthcare
The company tried to stay focused on hardware,[18] but, via HCL Technologies, software and services is a main focus.[19]
Revenues for 2007 were US$4.9 billion.[20]
Revenues for 2017 were US$6.5 billion, and HCL employed over 105,000 professionals in 31 countries.[16]
Revenues for 2018 were US$9 billion, and HCL employed over 110,000 professionals in 31 countries. A unit named HCL Enterprise Solutions (India) Limited was formed in July 2001.[21]
Currently HCL Technologies is a subsidiary of Vamasundari Delhi through a chain of entities in between. Vamasundari (Delhi) is owned by Shiv Nadar and it in turns holds majority of shares in most HCL group companies.
On 1 July 2019, HCL Technologies acquired a select few products of IBM. HCL Technologies took the full ownership of research and development, sales, marketing, delivery, and support for AppScan, BigFix, Commerce, Connections, Digital Experience (Portal and Content Manager), Notes Domino, and Unica.
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