HCL TECHNOLOGIES LTD.

A new report by HCLTech and Mobile World Live reveals that while 60% of telecom leaders identify AI as a key future revenue driver, only 25% feel their organizations are ready to deploy AI at scale. This "execution gap" hinders the shift from traditional telcos to AI-native TechCos, with challenges in legacy infrastructure, cloud modernization, and skills slowing progress. The report also highlights the commoditization of connectivity services, with nearly 70% of respondents agreeing, underscoring the need for differentiated digital services. Innovation velocity remains constrained, with 80% launching fewer than five new digital products annually. Ecosystem collaboration, particularly with hyperscalers and AI platform providers, is seen as crucial for accelerating innovation and monetization. Despite this, success metrics are still heavily focused on cost optimization.

HCLTech and NetApp have expanded their partnership to offer hybrid cloud storage-as-a-service (STaaS), aiming to accelerate enterprise AI adoption. This new solution integrates HCLTech's U4X digital infrastructure framework with NetApp Keystone, providing a flexible, consumption-based model for scaling AI and data-driven workloads. The offering supports AI and GenAI applications alongside traditional enterprise systems, enabling organizations to manage infrastructure costs and align with evolving workload demands. It leverages HCLTech's AI Factory suite and NetApp's data management capabilities to move from AI pilots to enterprise-scale deployment, enhancing data readiness and governance. Consolidated revenues for HCLTech for the 12 months ending June 2026 totaled $14.8 billion.

HCLTech has been recognized as a Leader in the 2026 Gartner Magic Quadrant for Public Cloud Optimization and Transformation Services (PCOTS). This marks a continuation of their leadership position, having been recognized from 2021 through 2025. The company emphasizes its advancements in cloud capabilities through its PCOTS business and partner ecosystem, utilizing automation for operational resilience and continuous optimization. HCLTech offers industry-focused, cloud-native solutions with robust DevOps practices and global centers of excellence to accelerate time-to-value and enhance compliance for enterprises and mid-sized businesses. They are also expanding engagement models to include sustainability-linked and experience-based options. Consolidated revenues for the 12 months ending June 2026 totaled $14.8 billion.

HCLFoundation, the CSR arm of HCLTech, celebrated the 50th anniversary of the HCL Group by planting 50,000 native saplings and organizing clean-up drives at 50 beaches across India. These environmental initiatives, involving employees, families, and community members across 10 states, are part of HCLFoundation's broader sustainability efforts. The foundation has previously greened 74,000 acres, harvested over 155 billion liters of water, planted 181,000 coastal saplings, and collected 120,800 kg of marine debris. HCLFoundation aims to impact national and international development goals through programs in education, sports, health, livelihood, and environment, having positively impacted over 8.5 million lives to date. HCLTech is a global technology company with over 223,000 employees and revenues of $14.8 billion for the 12 months ending June 2026.

HCL Technologies Ltd has issued a clarification regarding media reports about claims made by a hacker group concerning potential exposure of limited employee data. The company's initial investigation suggests that the affected data, if any, is limited and dates back several years. HCLTech has found no evidence of a breach to its core systems or any engagement with its clients. A further investigation is underway, and material findings will be reported. The company emphasizes its commitment to cybersecurity and protecting entrusted information.

HCLTech has been named an OpenAI Advanced Partner, a significant achievement within the OpenAI Partner Network. This designation allows HCLTech to further collaborate with OpenAI, leveraging their frontier models and products to help enterprises build, deploy, and scale AI-native solutions responsibly and securely. HCLTech will utilize its deep AI expertise and industry-specific solutions, including its AI Force platform integrated with OpenAI models, to accelerate AI adoption and drive measurable business value for clients. The company is also expanding its OpenAI Agentic Transformation Studio to enhance AI governance and scaling capabilities across business functions.

HCLTech has been recognized on TIME's World's Most Sustainable Companies 2026 list for the second consecutive year. The company ranks among the top five global professional services firms and is the highest-ranked India-headquartered company in its category. This recognition highlights HCLTech's commitment to sustainability, aligning with UN Global Compact and Sustainable Development Goals. In FY26, HCLTech achieved significant milestones, including replenishing 51 times more water than consumed and achieving zero waste-to-landfill certification across all facilities. The company also accelerated its net-zero journey, meeting its 2030 SBTi-validated emissions target four years early. Consolidated revenues for the 12 months ending June 2026 were $14.8 billion.

HCLTech has announced the successful completion of its acquisition of HPE’s Telco Solutions business, a move that significantly strengthens its position in the AI-driven telecom sector. This acquisition, following the integration of HPE's Communications Technology Group (CTG) in 2024, enhances HCLTech's capabilities to assist Communications Service Providers (CSPs) with network transformation, AI-led solutions, and autonomous operations. The deal expands HCLTech's global presence, broadens its telecom portfolio with key IP and integration services, and integrates approximately 1,400 telecom specialists, bolstering its engineering depth and delivery capabilities. This strategic move positions HCLTech to capitalize on the accelerating investments by CSPs in next-generation infrastructure and AI.

HCL Technologies Ltd has announced the completion of its acquisition of the Telco Solutions Business from Hewlett Packard Enterprise (HPE). The acquisition, initially intimated on December 18, 2025, was finalized on August 1, 2026, at 9:31 a.m. IST. This strategic move is expected to bolster HCL's capabilities and market position within the telecommunications sector.

HCL Technologies Ltd has announced the completion of its acquisition of 100% stake in Guardian India Operations Private Limited. The acquisition, initially intimated on July 16, 2026, was finalized at 11:59 p.m. IST on July 31, 2026. This strategic move is expected to bolster HCL Technologies' capabilities and market presence in India.