HCL Technologies Ltd. (HCL), a leading global IT services provider, was presented with the International Investor of the Year prize by the by the Greater Paris Investment Agency.
The award was presented by Thierry Jacquillat, President of the Greater Paris Investment Agency, in the presence of Valerie Pécresse, Minister for Higher Education and Research and Jean Paul Huchon, President of the Ile de France Regional Council, in recognition of the investment made by HCL in the greater Paris area in 2008.
Monsieur Jacquillat said: ‘We are pleased HCL chose Greater Paris as one of its key European focus areas. It offers a reliable and very productive workforce, supported by a modern infrastructure, and is positioned at the heart of Europe. HCL has recognised this through its creation of a stronger and important presence in France.’
The award provides recognition of HCL’s exceptional commercial prowess during difficult economic conditions. Over the past 12 months, HCL has developed several significant strategies. Notably, HCL’s ‘Employee First’ initiative, in which employees, are the main focus of its organisational structure, received a positive response in the business world. Employee First has empowered HCL employees to drive innovation, transforming client engagements and markedly improving client satisfaction. In addition, during 2008 HCL prevailed over fierce competition to acquire SAP consultancy, Axon. This was one of the largest ever acquisitions by an Indian company and was principally motivated by the strategic aim of increasing the company’s core SAP delivery skills and increase its market share in key European markets
Receiving the award, Rajeev Sawhney, President, HCL Technologies Europe, said: ‘HCL is honoured to receive this award. We already have over 4500 people working in Europe, with 24 offices in 13 countries. A cornerstone of our model is that we commit to deliver excellent service without fail, and our investment in France helps build the client intimacy required to keep that commitment.’
Chris Connors, Country Manager for France, said: ‘HCL prides itself on a commercial agility that can deliver immediate benefit to our clients, which in the current economic environment is important. Our clients asked us to build more local capability to help this process: This award is a reflection that we are doing that.’
About HCL Technologies
HCL Technologies is a leading global IT services company, working with clients in the areas that impact and redefine the core of their businesses. Since its inception into the global landscape after its IPO in 1999, HCL focuses on ‘transformational outsourcing’, underlined by innovation and value creation, and offers integrated portfolio of services including software-led IT solutions, remote infrastructure management, engineering and R&D services and BPO. HCL leverages its extensive global offshore infrastructure and network of offices in 19 countries to provide holistic, multi-service delivery in key industry verticals including Financial Services, Manufacturing, Aerospace & Defense, Telecom, Retail & CPG, Life Sciences & Healthcare, Media & Entertainment, Travel, Transportation & Logistics, Automotive, Government and Energies & Utilities. HCL takes pride in its philosophy of ‘Employee First’ which empowers our 52,957 transformers to create a real value for the customers. HCL Technologies, along with its subsidiaries, had last twelve months revenues of US$ 2.0 billion (Rs. 8974 crores), as on 31st December 2008. For more information, please visit www.hcltech.com
About HCL Enterprise
HCL is a $5 billion leading Global Technology and IT Enterprise that comprises two companies listed in India – HCL Technologies & HCL Infosystems. The 3-decade-old Enterprise, founded in 1976, is one of India's original IT garage start-ups. Its range of offerings spans Product Engineering, Custom & Package Applications, BPO, IT Infrastructure Services, IT Hardware, Systems Integration, and distribution of ICT products. The HCL team comprises over 58,000 professionals of diverse nationalities, who operate from 20 countries including 360 points of presence in India. HCL has global partnerships with several leading Fortune 1000 firms, including leading IT and Technology firms. For more information, please visit www.hcl.in
The Greater Paris Investment Agency is an association created over fifteen years ago by the Paris Chamber of Commerce and Industry, grouping around one hundred French and international large companies, ensuring its independence. Its missions include promoting the strengths of the Paris region to foreign investors and improving its attractiveness through lobbying political and economic decision-makers.