HCL Technologies Ltd. has signed a deal with Japanese company UD Trucks Corp., to accelerate the digital transformation of the Japanese commercial vehicle solutions provider. IT services pioneer HCL Technologies has signed a multi-million dollar digital transformation and hybrid cloud contract, in order to deliver end-to-end IT transformation spanning across digital platforms, agile digital application development, migration, support and maintenance and digital workplace services. After inking the deal with UD Trucks, HCL tech aims to post strong organic growth over different verticals in the coming years with further collaboration and service expansion.
By moving to a new next-generation IT environment, UD Trucks aims at leveraging the power of cloud and Internet of things (IoT), while providing its employees globally with an enhanced user experience. Recent changes in its operational structure have required UD Trucks to build and migrate to its own dedicated IT environment, while at the same time ensuring service continuity. ”Migrating our infrastructure and business-critical applications is of strategic importance to UD Trucks in our accelerated digitalisation journey. HCL's deep understanding of our existing IT footprint, combined with its leading-edge transformation capabilities, made it the standout choice”, UD Trucks Senior Vice President Digital Solutions and IT, Satish Rajkumar said in company statement.
HCL Technologies CVP and Head, Pankaj Tagra said as automotive brands look to accelerate their digital transformation and embrace the cloud, they need a partner like HCL to successfully navigate the complexity of IT ecosystems, and have a digital foundation ready for the future. Corporate transitions has created special scenarios which require expertise at the intersection of end-to-end business processes and technology. HCL’s engagement with UD Trucks is an illustration of how HCL can support setting up core IT capabilities leveraging HCL''s Cloud Smart strategy, and accelerate next-generation digital services for Japanese truck makes, which is currently operating on around 60 countries. HCL Technologies share price gained in the afternoon session on April 19, after the IT major signed a multi-million-dollar contract with Japan-based UD Trucks for digital services. Even before this latest multi-million-dollar deal, HCL was doing well in the market post COIVD-19, outbreak as it has created huge opportunities across geographies.
UD Trucks has selected HCL Tech due to its extensive capabilities in managing legacy and next-generation technologies, best-in-class IT transformation frameworks, and dynamic cybersecurity services. It also has deep domain expertise from working with other major automotive brands. By leveraging the technology, UD Trucks aims to provide an enhanced user experience to all its employees globally. This will help the company to build and migrate its own dedicated IT environment thereby, ensuring service continuity.