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 accompanies 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 selection - Vendor marketing, sales and business managers looking to benchmark themselves against their peers - Financial analysts and investors specializing in the BPO/IT services sector.
Highlights Q2 FY18 Performance: topline growth driven by Engineering Services, following recent acquisitions and IP partnerships - Q2 FY18 revenues were up 10.6% in CC. Organic revenue growth is believed to be in the region of 5-7%. Inorganic growth centers on Engineering Services - EBIT margin was down y/y for the third consecutive quarter. This is partly due to recent acquisitions being margin dilutive; management claims to be “largely on plan” in improving their margin profile. Full year revenue guidance now directed to low end of guided range for two main reasons. Management highlights that bookings in H1 FY18 were “significantly” higher than H1 FY17. IP Partnerships a key pillar of growth strategy Q2 FY18 saw HCL - Sign its sixth IP partnership with IBM - Restructure a JV agreement with DXC into an IP partnership - Sign a third much smaller agreement with Alpha Insight.
Expect more such arrangements Traditional Acquisition also part of the growth strategy This Quarterly Update on HCL Technologies is 14 pages. For details, contact email@example.com
Scope of the Report The report provides a quarterly update on HCL Technologies, looking at financial performance and key developments during the period. It accompanies NelsonHall’s Key Vendor Assessment program which looks at HCL Technologies’ IT and BPO offerings, capabilities, and market and financial strengths, including: - Identification of the company’s strategy, emphases and new developments - Revenue breakdowns - Analysis of the company’s offerings and key service components - Analysis of the profile of the company’s client base including the company’s targeting strategy and examples of current contracts - Analysis of the company’s strengths, weaknesses and outlook.