HCLTech recognized by Everest Group and Avasant for talent readiness

NEW YORK, US and NOIDA, India, March 13, 2024—HCLTech, a leading global technology company, announced that it has been recognized for its talent readiness and digital talent capability by Everest Group and Avasant.

Everest Group’s Talent Readiness for Next-Generation IT Services PEAK Matrix Assessment 2023 positioned HCLTech was as a Leader and a Star Performer.

In Avasant’s Digital Talent Capability RadarView, 2023–2024, HCLTech has been positioned as a Leader for the third consecutive year.

“We are honored to be recognized by Everest Group and Avasant RadarViewTM for our talent readiness and digital talent capability. This recognition is a testament to our commitment to providing our clients with the best possible services and our employees with the best possible opportunities to develop their skills and grow,” said Ramachandran Sundararajan, Chief People Officer, HCLTech. He added that talent development initiatives are a strategic priority of the company, evident from its investments in the area, including advanced AI-based learning and development solutions and strategic alliances with technology providers to upskill the workforce.

Everest Group noted that HCLTech offers clients a strong delivery mix of resources skilled on next generation technologies including cloud, cybersecurity and application services. The report also noted HCLTech’s strong focus on early talent development—evident from its TechBee and apprenticeship initiatives—prepares young people for global careers in technology with a chance to pursue higher education while enjoying financial independence.

“HCLTech has implemented robust talent sourcing strategies including train-hire-deploy model for talent acquisition through its strong ecosystem of academia partnerships and upskilling programs for early talent. It has a strong focus on enabling personalized skilling for its workforce and has implemented frameworks to enable non-linear and accelerated career progression, aligned with associate’s aspirations and business requirements. It has effectively incorporated AI and analytics-powered solutions to optimize its workforce development and management strategies. Clients are appreciative of HCLTech’s talent quality in terms of domain and technical expertise during next-generation IT services engagements.” said Arpita Dwivedi, Practice Director at Everest Group.

In Avasant’s RadarviewTM report, HCLTech was one of the two top service providers that scored 15/15 across all three categories: digital strategy and talent capabilities, talent transformation, talent investments and innovation.

Avasant noted HCLTech’s focus on its products and platforms strategy through HCLSoftware, efforts to infuse generative AI capabilities into products leveraging its orchestration and prompt engineering platform and partnerships with Microsoft, Google and other companies to build joint solutions using GenAI. Avasant also noted how HCLTech has skilled over 60% of its workforce on the latest digital technologies with a good mix of proprietary platforms and external platforms. The report lauded HCLTech’s New Vistas initiative for hiring from an alternate talent pool and creating local employment opportunities while expanding its global presence.

Avasant defines digital talent capability as a combination of talent transformation strategies and processes, digital skills, digital roles and technology capabilities that enterprises and IT service providers use to develop digital talent pools and pipelines to deliver efficient and targeted digital services. Avasant’s Radarview TM report on the Digital Talent Capability 2023 identifies key technology and talent-related trends and insights that are expected to have a long-term impact on any digital transformation project.

At HCLTech, we offer employees skill-based learning opportunities in digital, engineering, cloud, AI, and enterprise software with the freedom to experiment and pivot across roles and functions for an enriching career experience.

HCLTech included in S&P Global Sustainability Yearbook for second year in a row

NEW YORK, US and NOIDA, India, March 13, 2024—HCLTech, a leading global technology company, has been included in the coveted S&P Global Sustainability Yearbook 2024 for the second year in a row. This underscores HCLTech’s deep commitment to doing business sustainably and helping its clients accelerate their sustainability agendas through technology.

S&P Global engaged with 9,400 companies across 62 industries globally to draw down a list of 759 companies, including HCLTech, that made it to the 2024 Sustainability Yearbook.

“This is yet another validation of our focus on embedding sustainability at the core of our business. We continue to be guided by our ESG strategy based on the tenets of act, pact and impact to deliver meaningful impact on communities and the planet,” said Santhosh Jayaram, Global Head, Sustainability, HCLTech.

HCLTech has committed to limiting greenhouse gas emissions and aligning with the 1.5ºC pathway by 2030, with the goal of achieving net zero target by 2040. The company aims to transition to 80% of electricity usage from renewable energy by 2030.

In FY23, HCLTech replenished 26 times more water than it consumed across its operations in India. It is the first India-headquartered company to join the Water Resilience Coalition and endorse the CEO Water Mandate.

HCLTech is creating an impact on communities beyond India through grants, partnerships and employee volunteering. HCLTech Grant Americas has committed $5 million over five years in grants to NGO combating climate change and restoring ecosystems and biodiversity.

Through HCLFoundation programs, the company had a positive impact on 5.5 million lives in India, of which over 50% were women, and helped 12,000 people with disabilities.