Making new things through R&D, that’s what HCL is all about.
Hindustan Computer Limited (HCL) is a multinational information and technology service that also works as a major consulting agency. Based out of Noida, India, the company has a revenue of nearly nine billion dollars each year and total assets of the same. It employs almost one hundred and fifty thousand people across its operations.
HCL was founded in 1976 by six engineers – Shiv Nadar, D.S. Puri, Ajai Chowdhry, Arjun Malhotra, Subhash Arora, and Yogesh Vaidya. These men sought to create a computing company that focused on hardware, but that quickly expanded to software and beyond.
Developing the Future
Originally a subsidiary of HCL Enterprise, HCL was the research and development arm of the company that was spun out into its own subsidiary in 1991. The parent company turned to focus on software.
HCL Technologies has offices that are spread across forty four countries. It’s worldwide operations in research and development are called delivery centers and innovation labs, and operate across a whole variety of sectors.
The company works in the following areas:
- high tech
- life sciences
- natural resources
- retail, telcom
A major point of contention for HCL has been labor. The company was involved in litigation for its H-1B visa program in which it sought to replace domestic workers in the United States with cheaper labor from overseas. This was part of the Disney collusion lawsuit, which also was related to the case at the University of California’s San Francisco Medical Center. All had similar controversies surrounding their IT workers.
HCL’s operations in North America are important to its bottom line, particularly its contracts that are related to defense and development. Outsourcing and visa issues have been a top priority for HCL to help it maintain those United States contracts.
HCL does research and development work for half of the Fortune 500 companies. The company itself is on the Forbes Global 2000 list. It’s in the top twenty of the largest publicly traded companies in its home nation of India.
In 1999, HCL went public with an IPO of fourteen point two million shares.
HCL has expanded out from its original headquarters in Noida to reach a huge number of markets. These include China, Israel, Japan, New Zealand, Singapore, Saudi Arabia, Denmark, Finland, Poland, Sweden, Brazil, Canada, Mexico, the United States, and more.
The company has a whole host of business lines to service its large interests in corporate projects. These are infrastructure management, engineering, business services, application services, analytics, and cybersecurity, just to name a few. The business contract world is the backbone of HCL’s business model.
There are several important strategic partnerships that HCL participates in, most notably with IBM, Transportation Alliance, CSC, Transgrid, and DELL.
HCL has acquired a huge array of companies as well to expand its offerings and its brands. Butler America Aerospace, Capital Stream, Urban Fulfillment Services, and a section of Volvo IT. These pieces were important parts of pushing HCL into new areas of development.
Driving on towards the future of technology is where HCL does its best work, supporting the research that allows its companies to do more with their own products.