Who Is This Quarterly Update For? NelsonHall’s Quarterly Update on HCL Technologies provides a snapshotof developments at the company in the last quarter. It accompaniesNelsonHall’s more comprehensive Key Vendor Assessment program.Both programs are designed for:
Marketing, sales and business managers developing strategies totarget service opportunities within the BPO/IT Services markets Sourcing managers monitoring the capabilities of existing suppliers ofIT and BPO services and identifying vendor suitability for theseservices Consultants advising clients on vendor selection Vendor marketing, sales and business managers looking tobenchmark themselves against their peers Financial analysts and investors specializing in the BPO/IT servicessector.HighlightsQ1 FY17 was HCL Technologies’ strongest CC revenue growth since Q1FY16, driven by infrastructure services/Volvo captive acquisition.Operating margin was up 50 bps y/y.FY 2017 guidance is:
CC growth of 12% to 14% EBIT range of 19.5% to 20.5%.Investments around automation, digital, IoT and engineering servicescontinue.HCL has formed a 15-year partnership with a global technology majorwhich involves a substantial investment by HCL over two years, with asignificant revenue stream starting this FY.It has also made several partnerships around IoT-based offerings.
Scope of the Report The report provides a quarterly update on HCL Technologies, looking atfinancial performance and key developments during the period.It accompanies NelsonHall’s Key Vendor Assessment program whichlooks at HCL Technologies’ IT and BPO offerings, capabilities, andmarket and financial strengths, including:
Identification of the company’s strategy, emphases and newdevelopments Revenue breakdowns Analysis of the company’s offerings and key service components Analysis of the profile of the company’s client base including thecompany’s targeting strategy and examples of current contracts Analysis of the company’s strengths, weaknesses and outlook.