HCL Full Form: What Is HCL? The IT Giant That Doesn’t Get Enough Credit 4
HCL Full Form is Hindustan Computers Limited. Hindustan Computers Limited (HCL) is an Indian multinational information technology company headquartered in Noida, Uttar Pradesh, India. It provides IT services and products to large enterprises and governments. It was founded in 1976 by a group of engineers from the Indian Institute of Technology, Delhi. HCL is a Fortune Global 500 company and was ranked 43rd on Forbes’ 2018 list of “India’s Best Under a Billion” companies. In 2017-2018 it had a revenue of US$7 billion with operating profit of US$1 billion.<>
What is HCL? || HCL Full Form
HCL stands for HCL Infosystems. HCL started its development in 1973 in an old paan shop in the Industrial area of Visakhapatnam, the Indian state of Andhra Pradesh. HCL enterprise, founded by Viswanath Kuppuswamy Pillai, was the first company to develop a microprocessor-based personal computer in India. The company produced its microprocessor and first introduced the microprocessor in India in 1975 with the name of HCL IIS. Its inception took place on 25th June 1976, when HCL acquired it. After that, HCL successfully developed and sold the PC-based computer. The company was selling 30 percent of microprocessors in the global market. Who Owns HCL? HCL had a go with a plant in Chennai from 1998 to 2003, which HCL controlled as its natural plant manufacturing arm.
Why do they call it the IT giant that doesn’t get enough credit? || full form of HCL
The full name of the company HCL is Hindustan Computers Limited. The company head office is located in Noida, New Delhi. The company was founded in 1976 as a manufacturer of punched-card technology. Its logo depicts the Kingfisher Airlines brand. After purchasing the IBM-produced LOKI business, HCL established a foothold in India’s booming IT sector.
HCL is listed in the all-India BSE 500 index, and the company’s market capitalization is at $14.6 billion. HCL is a member of the CII, FICCI, and NASSCOM. This is the short history of HCL’s success.
The Solutions They Provide || HCL company full form
While today’s company sells IT products and services, the bulk of HCL’s work these days is focused on outsourcing. Outsourcing consists of offering IT services to other businesses. With the volume of IT services to firms multiplying, HCL saw the opportunity to service large clients efficiently and cost-effectively. In 2015, it was noted that HCL did $20 billion in IT outsourcing.
For a corporation of its size, that means HCL has something of an army of service workers who have to be paid and managed. While outsourcing work may make HCL more relevant to significant business, the company also serves startups and small businesses.
The Future Of HCL || HCL technologies full form
With its ideal mix of technology and talent, HCL has the capabilities of creating a true powerhouse in the fast-paced, technology-driven IT field. By harnessing the technological revolution to its full potential, HCL intends to be a pivotal contributor to the country’s development.
The Business of HCL || HCL Full Form
HCL Enterprise is divided into four business segments. These segments are Cloud and Connectivity Healthcare IT and BT Marketing, and IT Services. During fiscal 2017, HCL posted revenue of Rs.2,600 crore in India and Rs.9,480 crore in Europe. It claims to be a technology company that delivers services across the value chain for its clients, comprising technology and outsourcing, technology and development, product development, product engineering, data management, and analytics and consultancy.
The services provided by HCL spans business applications and platforms, knowledge process outsourcing, and development, design, and management solutions. According to the financial statements of HCL for FY16, the employee headcount of HCL India stood at 26,100 and 23,250 for HCL EMEA.
The Work of HCL || HCL technologies full form
The fundamental mission of HCL is to “foster and create technology solutions that enable people to create meaningful and purposeful lives” Organic Service Delivery HCL provides a range of services to its customers. They have in-depth expertise in supporting customer requirements through utilizing application development, infrastructure management, and lifecycle services. Their focus has been on applying these in-house technologies to the needs of the customers.
This strategy has resulted in making the company the preferred IT services partner for most of the clients. Evolving Technology HCL has become a service provider of personal computers to a total IT solutions provider. HCL is a part of the TCS Group, which is in its 23rd year of existence.
Conclusion || HCL Full form
The full name of HCL is Hindustan Computers Limited. HCL is a multinational IT company in India, founded in 1976. The company head office is located in Noida.