Who Is This Quarterly Update For? NelsonHall's Quarterly Update on HCL Technologies provides a snapshot of developments at the company in the last quarter. It accompaniese NelsonHall's more comprehensive Key Vendor Assessment program. Both programs are designed for: - Marketing, sales and business managers developing strategies to target service opportunities within the BPO/IT Services markets - Sourcing managers monitoring the capabilities of existing suppliers of IT and BPO services and identifying vendor suitability for these services - Consultants advising clients on vendor selction - Vendor marketing , sales and business managerss looking to benchmark themselves against their peer - Financial analysts and investors specializing in te BPO/IT services sector.
Highlights Strong end to FY17; y/y CC growth of 16.1%. highest in six quarters Growth was driven by IT infrasturcutre services and engineering (both partly inorganic). We estimate CS/CC growth was ~11%. Mode 2 and 3 services combined were up 30.9% in CC and represented 18.6% of full year FY17 revenues FY18 guidance is: - CC revenue growth of 10.5-12.5% - EBIT margin of 19.5-20.5% Completed Engineering Service Acquistions - Geometrics, HCL's largest engineering services acquistion to date at $200m - Butler Aerospace, for $85m IP partnership with IBM expanded further The relationship expanded yet agian in Q4 to cover products in the areas of Information Management and Database Management and Database Management Systems (DBMS). IBM invested an additonal $80m in the partnersip; bringing the total investment for full year FY17 to over $638m.
Scope of the Report The report provides a quarterly update on HCL Technologies, ooking at financial performance and key development during the period It accompanies NelsonHall's Key Vendor Assessment program which looks at HCL Technologies' IAT and BPO offerings, capabilities, and market and financial strengths, including: - Identification of the comapny's strategy, emphases and new developments - Revenue breakdowns - Analysis of the company's offerings and key service components - Analysis of the profile of the compnay's client base including the comapny's targeting strategy and examples of current contracts - Analysis of te company's strengths, weaknesses and outlook