HCLTech: Positioning for the AI Era

This IDC Market Perspective provides IDC's views, learnings, perspectives, and advice after attending HCLTech's Financial Services Analyst Day held May 13, 2025, in New York City. It encapsulates several keynote and presentation sessions in which IDC heard from multiple speakers. The event started with CEO C. Vijayakumar, HCLTech, who provided an overview session on HCLTech and its strategy, and was complemented with a series of in-depth sessions led by HCLTech executives and client representatives."Prominent themes at this event included the company's recent financial performance, AI-intrinsic strategy, and client transformation efforts. The day highlighted HCLTech's shift toward outcome-based, IP-led service delivery supported by proprietary AI platforms and strategic partnerships, with a focus on cost efficiency, innovation, and domain-specific AI solutions. Case studies from several clients illustrated HCLTech's impact in modernizing systems, enhancing productivity, and embedding responsible AI across operations," explained Pete Marston, senior research director, Intelligent Application Services at IDC.