Under the terms of agreement, HCL will create Group Competency in collaboration with LeasePlan Information Services to provide IT solutions in various domains such as core leasing platforms, business intelligence and data warehousing solutions, enterprise IT solutions, and application development & maintenance services.
HCL will manage and enhance some of the existing application suites, including core leasing platforms, development and roll-out of global IT programs and operations for LeasePlan. The program is a part of broader ICT strategic initiative by LeasePlan (leaseplan.com) to consolidate, harmonize and standardize IT elements such as Infrastructure, Applications and Data. The scope of the contract will enable HCL to provide services to LeasePlan across 32 countries globally.
“In today’s challenging business environment, from an ICT perspective, it is crucial to continue to de-risk the legacy footprint, while at the same time re-invest into future platforms - in order to deliver world-class experience to our customers. This requires a strong ICT partner to help us on this Transformation Journey” said Phil Parker, Senior Vice President, ICT, LeasePlan. “After going through the comprehensive evaluation process, we have found HCL as the right strategic partner as we believe HCL has the required diverse expertise in various domains to help us realize the vision of Group Competency and accelerate the journey, which ultimately will create a significant business impact for us.”
“We are pleased to have been selected by LeasePlan and we look forward to collaborate with them to create Group Competency to provide services across diverse ICT portfolios and platforms over the coming years. We will leverage our delivery centres in Estonia, Ireland, Poland and India to provide services to LeasePlan” said, Sudip Lahiri, Vice President, HCL Technologies. “Innovative companies realize unique value by creating an agile IT function that drives innovation and growth, adapting their application landscapes to rapidly changing business environments. HCL will utilise its core capabilities to help LeasePlan achieve their business objective.”
HCL provides a comprehensive range of custom application development services that enable enterprises to utilise the power of custom applications to support new capabilities and enhance their customer and partner experience. HCL brings over 35 years of experience in managing complex IT application and infrastructure environments, offering a full set of Application Support and Maintenance solutions.
About HCL Technologies
HCL Technologies (hcltech.com) is a leading global IT services company working with clients in areas that impact and redefine the core of their businesses. Since its emergence on global landscape after its IPO in 1999 and listing in 2000, HCL Technologies, along with its subsidiaries, today operates out of 32 countries and has consolidated revenues of US$ 6.2 billion, for 12 Months Ended 31st March, 2016. HCL focuses on 'transformational outsourcing', underlined by innovation and value creation, offering an integrated portfolio of services including BEYONDigital, IoT WoRKS, Engineering Services Outsourcing and Next-Generation IT Outsourcing that focuses on transformation-led integrated infrastructure services, applications services and business services. HCL leverages its extensive global delivery capabilities and integrated innovation labs across the world to provide holistic, multi-service delivery in key industry verticals including Financial Services, Manufacturing, Telecommunications, Media, Publishing & Entertainment, Retail & CPG, Life sciences & Healthcare, Oil & Gas, Energy & Utilities, Travel, Transportation & Logistics and Government. With 104,896 professionals from diverse nationalities, HCL Technologies focuses on creating real value for customers by taking 'Relationships Beyond the Contract'.
Certain statements in this release are forward-looking statements, which involve a number of risks, uncertainties, assumptions and other factors that could cause actual results to differ materially from those in such forward-looking statements. All statements, other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to the statements containing the words 'planned','expects','believes’, ’ strategy','opportunity','anticipates','hopes' or other similar words. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding impact of pending regulatory proceedings, fluctuations in earnings, our ability to manage growth, intense competition in IT services, business process outsourcing and consulting services including those factors which may affect our cost advantage, wage increases in India, customer acceptances of our services, products and fee structures, our ability to attract and retain highly skilled professionals, our ability to integrate acquired assets in a cost-effective and timely manner, time and cost overruns on fixed-price, fixed-timeframe contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, the success of our brand development efforts, liability for damages on our service contracts, the success of the companies /entities in which we have made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property, other risks, uncertainties and general economic conditions affecting our industry. There can be no assurance that the forward-looking statements made herein will prove to be accurate, and issuance of such forward-looking statements should not be regarded as a representation by the Company, or any other person, that the objective and plans of the Company will be achieved. All forward-looking statements made herein are based on information presently available to the Management of the Company and the Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.