HCL Technologies (HCL), a leading global technology company, has been named as the No. 1 player in the United States in Engineering R&D Services in the annual Zinnov Zones for ER&D 2021 ratings. The study also named HCL Technologies as a leader in Digital Engineering Services and global overall Engineering R&D Services. "This recognition validates HCL Technologies' expertise in end-to-end engineering, R&D and Mode 2-led digital engineering services across multiple verticals. We enable our clients to leverage digital technology innovations to accelerate their business transformations sustainably and engineer enhanced user experiences," said Vijay Anand Guntur, President, Engineering and R&D Services, HCL Technologies. HCL Technologies offers a balanced portfolio spanning traditional and digital engineering services. HCL also leverages its strong engineering expertise coupled with investments in labs and centers of excellence (COEs) to nurture and scale emerging technologies to help global enterprises develop nextgeneration products and platforms. With Industry 4.0, telecom modernization, and digital engineering, HCL Technologies witnessed strong demand steering growth at 8.3% QOQ and 19.7% YOY in constant currency in its Engineering and R&D business in the quarter ending Dec. 2021. "HCL Technologies has been consistently recognized as a leader in global engineering R&D and digital engineering services by Zinnov, thanks to its rich expertise in product engineering, strong global infrastructure, investments in product and solution accelerators and new digital technologies across verticals. The firm's strong network of global partnerships, robust product and platform offerings, highly skilled talent, and engineering legacy make it a preferred engineering partner for clients across aerospace, enterprise and consumer software, industrial and telecommunications verticals, cementing its leadership position in the 2021 Zinnov Zones Engineering R&D Services assessment," said Sidhant Rastogi, Managing Partner, Zinnov. In addition to being the No. 1 player in Engineering and R&D Services in the United States, HCL Technologies is the only service provider listed on the Indian stock exchange ranked among the top three providers in Japan. The Zinnov Zones study places HCL as a leader in AI (artificial intelligence) engineering, software platform engineering, consumer software, enterprise software, software cybersecurity, SDN-NFV (software-defined networking-network functions virtualization), aerospace, automotive, industrial, medical devices, semiconductor, telecommunication, ADAS (advanced driver assistance systems), telematics, digital thread, telehealth, OTT (over the top), AI/ML (artificial intelligence/machine learning) engineering - BFSI (banking, financial services and insurance) and contactless retail. For this study, Zinnov evaluated 50 leading global engineering service providers based on a range of distinct parameters related to a service provider's scalability across verticals and the depth and maturity of services provided to enterprise clients. Shares of HCL Technologies Limited was last trading in BSE at Rs. 1126.65 as compared to the previous close of Rs. 1129.90. The total number of shares traded during the day was 155405 in over 9506 trades. The stock hit an intraday high of Rs. 1133.15 and intraday low of 1106.80. The net turnover during the day was Rs. 174128868.00.
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