Published Date:
Sep 12, 2012Monarch Beach, CA-Sept.12, 2012: HCL Technologies (HCL), a leading global IT services provider, announced today that several key HCL customers have received the ValueHonors™ Awards from InformationWeek. The customers are Advanstar Communications, Aegon, Avago Technologies, Bank of Ireland, Canadian National Railway, CEVA Logistics, Dex One, Dr Pepper Snapple Group, Dow Corning, EMI Music, Energy Future Holdings, Heidrick& Struggles, Land O' Lakes, LexisNexis, McAfee, Merck, Old Mutual Wealth Management, Pearson, Purdue Pharma, Reader's Digest Association and Teradyne.
InformationWeek evaluated more than 100 Fortune
1000 and Global 2000 companies from around the world for
the ValueHonorsTM Awards. Companies went through a
stringent nomination process in which they had to
demonstrate evidence of value creation across 14
categories: "Best Business Transformation", "Best
Business-Aligned IT", "Best IT Transformation,"
"Leader in Product Innovation," "Leader in Service
Innovation," "Leader in Delivery Innovation," "Leader in
Operational Excellence", "Excellence in Transition,"
"Excellence in Speed to Market," "Best Enterprise Service,"
"Best Data Center Transformation," "Best Cloud Computing
Strategy & Implementation," "Best Emerging Technology:
Enterprise Mobility," and "Best Emerging Technology:
Multichannel."
The selection process of ValueHonorsTM awards involved
rigorous parameters such as business impact with evidence,
innovation, business and IT transformation, uniqueness of
service offerings w.r.t. peers, competitive comparison,
flexibility, end-user experience, service-level
improvements, future outlook of the organization, agility,
cost benefits, and productivity gains among others. A
distinguished panel of industry experts and thought leaders
convened to judge the entries.
"We are honored to be associated with the enterprises,
which have formed inspiring stories by creating value in
their IT ecosystems and thus have impacted and transformed
the businesses by achieving measurable and real outcome,"
says Shami Khorana, President, HCL America. "Our customers
have been bestowed with ValueHonors 2012 Awards - a
landmark in the history of HCL and the sourcing world. And,
we, at HCL, take pride in it."
"The go-it-alone business model belongs to the past,"
observed Stephanie Stahl, Executive Editor of
InformationWeek Marketing Services. "Today companies
succeed through partnerships. The great thing about the
ValueHonors Awards and the companies receiving them is that
they vividly demonstrate how strong, long-term sourcing
relationships along with carefully thought out strategies
can drive business excellence. By choosing the right
sourcing partner and making thoughtful use of the
relationship, this year's winners are excelling in areas
such as data center transformation and cloud computing,
enabling them to respond more rapidly to business
change."
"We at AEGON feel responsible for the financial awareness
and development of people. We want our customers to be able
to make choices for their own financial future. All
products and services that we develop must serve that
vision, and the AEGON Pension site is a clear example of
this effort. InformationWeek has granted us this wonderful
price for our site that makes us extremely proud," said
Jeroen de Munnik, Executive Board Member of AEGON The
Netherlands.
"HCL is a valued partner who is always willing to push
the boundaries together with Avago, exploring new Public
Cloud offering and helping Avago to manage risks of
implementing the new unknown," stated Stanley Toh,
Director - Global IT, Enterprise End-user Services, Avago
Technologies.
"Bank of Ireland is delighted to be presented with this
ValueHonors award for Excellence in Speed to Market.
Through collaboration with HCL and others the Bank has been
able to deliver an excellent set of mobile banking
application services. We are delighted to now be in a
position to rapidly expand and enhance this very important
channel for our customers," Larry Kiernan, CTO & Head of
Group IT, Bank of Ireland.
Keith Creel, Executive Vice President and Chief Operating
Officer of CN said: "The initial release of iCREW
is designed to provide the railway with a comprehensive
solution that delivers real-time decision support to our
operations group. iCREW creates an integrated crew
management solution that builds on CN's investments in its
SAP solution platform and is engineered to generate
significant savings and improved efficiencies in train
operations."
"DexOne is proud to be recognized for our success in
revitalizing and enhancing our digital product portfolio
and supporting the rapidly changing nature of our business.
Making the right partnership choices has been part of this
success," says Atish Banerjea, Senior Vice President and
CTO of Dex One Corp.
Kristy Folkwein, VP & CIO Global Business Services at Dow
Corning: "It is an honor to have been selected for
this prestigious award. I am extremely proud of our team's
dedication to the project and the seamless collaboration
between Dow Corning and HCL, which made the transition so
successful. It is a positive example of what can be
accomplished when following rigorous project management
practices."
"Sourcing system platform that managed our raw
material procurement and inventory process presented a risk
to the business. HCL/Dr Pepper teams helped complete an
assessment to mitigate the risk by replacing the sourcing
system with SAP easy to use functions and process. HCL
together with Dr Pepper team ensured the transition to the
new system was smooth and painless in spite of the risks
and change" - Satish Seshayya, IT Director - Supply
Chain at Dr Pepper Snapple Group.
"I would like to congratulate the EFH IT Organization for
winning 2 exceptional awards in the Data-Center and Service
Innovation categories. We are committed to deliver
strategic IT capabilities that enable EFH, TXU Energy and
Luminant to achieve best-in-class results across their
organizations. HCL has played a critical role with
EFH over the past 3 years as our partner over
Infrastructure and Operations, contributing to significant
improvements in critical areas to the business:
value, reliability, speed of delivery and innovation," says
Kevin Chase, CIO & SVP, Energy Future Holdings, TXU Energy
& Luminant.
"On behalf of Heidrick & Struggles, we are honored to
accept this award, and thank you for recognizing our
collective achievements. Without the help and support of
our management, infrastructure team and HCL this would not
have been possible. We have become a better firm for
it" - Alwin Brunner - SVP, Chief Information Officer,
Heidrick & Struggles.
"Charged with replacing an antiquated nine year old custom
quote system, McAfee and HCL partnered to develop a
solution that would bring an intuitive "run on any device"
user interface, automation for approvals, channel margin
management, full integration between partner portal,
customer relationship management and enterprise resource
planning systems. In the first six weeks of launch,
more than 12,000 quotes were created by more than 800
internal and external users across 114 countries. The new
solution has brought tremendous benefits to McAfee and
channel partners by dramatically improving end user
productivity, deal margins, improved forecasting and
consistent incentive programs," says Patty Hatter, SVP
Operations and CIO for McAfee.
Speaking on MSD India's commitment to help address
treatment challenges in diabetes, Mr. K. G.
Ananthakrishnan, Managing Director, MSD India said, "As
part of our commitment to address disease burden
challenges, MSD India is committed to overall disease
management in partnership with key stakeholders. SPARSH,
launched in February 2009 is a Diabetes patient support
program launched in consultation with leading
diabetologists and endocrinologists. With around 62.4
million diabetes patients in the country, this disease
requires a comprehensive, multi-stakeholder approach in
order to help address challenges and barriers to treatment.
Partnering with like-minded organizations like HCL to help
strengthen our SPARSH initiative is an essential part of
MSD's ongoing commitment to fighting this growing
epidemic. This is in line with MSD's commitment to
India and to putting patients first. MSD India acknowledges
the contribution that HCL played in SPARSH, till recently
in developing and supporting the technical platform that
allowed consistent and wide range of services to thousands
of enrolled patients and believe that the expanded scope of
this contribution will help to further enhance the services
to patients and their treating physicians."
"HCL have used many innovative approaches to adapt to our
changing delivery demands and our evolving complex
technology landscape, and by doing so have delivered
successfully and repeatedly over the last five years"- Nick
Palmer, Technology Program Manager, Old Mutual Wealth
Management
"Running a CRM is not innovative in itself, but having a
custom designed and developed system targeted specifically
to the organization's needs certainly is," says Larry A.
Pickett Jr., Vice President, CIO Purdue Pharma L.P. "With
HCL assisting us in providing a strong platform for the CRM
and other business critical systems by means of ensuring
stable and predictable infrastructure operations, we are
continuously improving it them with new capabilities, while
continuing to receive rave reviews from users."
The ValueHonorsTM Awards were judged by an independent
panel that included Stephanie Stahl, Executive Editor,
InformationWeek Marketing Services; Jennifer
Zaino, Contributing Editor, InformationWeek; and
Peter Krass, Editor-in-Chief, Smart Enterprise
magazine. The winners were recognized for their immense
contribution in "value creation" and "business
transformation" in their global sourcing engagements and
were announced during the - InformationWeek 500
Conference on Sept. 10th, 2012.
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 26 countries to
provide holistic, multi-service delivery in key industry
verticals including Financial Services, Manufacturing,
Consumer Services, Public Services and Healthcare. HCL
takes pride in its philosophy of 'Employees First,
Customers Second' which empowers our 84,319 transformers to
create a real value for the customers. HCL Technologies,
along with its subsidiaries, had consolidated revenues of
US$ 4.2 billion ( 21,031 crores), as on 30 June 2012
(on FY'12 basis). For more information, please
visit www.hcltech.com
About HCL
HCL is a $6.2 billion leading global technology and IT
enterprise comprising two companies listed in India - HCL
Technologies and HCL Infosystems. Founded in 1976, HCL is
one of India's original IT garage start-ups. A pioneer
of modern computing, HCL is a global transformational
enterprise today. Its range of offerings includes product
engineering, custom & package applications, BPO, IT
infrastructure services, IT hardware, systems integration,
and distribution of information and communications
technology (ICT) products across a wide range of focused
industry verticals. The HCL team consists of over 90,000
professionals of diverse nationalities, who operate from 31
countries including over 500 points of presence in India.
HCL has partnerships with several leading global 1000
firms, including leading IT and technology firms. For more
on HCL, please visit www.hcl.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-time frame
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 More Information, Contact:
AvenaSuri
HCLTechnologies
Avena.suri@hcl.com
949-310-7209
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