HCL Technologies Expands AI-Powered Digital Services Agreement with Swedish Commercial Vehicle Giant

1 min read     Updated on 23 Sept 2025, 04:01 PM
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Overview

HCL Technologies has renewed and expanded its partnership with a major Swedish commercial vehicle manufacturer. The multi-year agreement includes enhanced digital foundation services using HCLTech's GenAI-led service transformation platform, AI Force. Services will cover platform-based managed services, hyper automation, and full-stack observability with AI-powered solutions. The partnership aims to optimize operational efficiency, enhance experiences, and support sustainability goals. HCLTech will leverage its full-stack technology portfolio to build a future-ready digital foundation for the client.

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*this image is generated using AI for illustrative purposes only.

HCL Technologies (HCLTech), a leading global technology company, has announced a significant renewal and expansion of its partnership with one of the world's largest commercial vehicle manufacturers based in Gothenburg, Sweden. This multi-year agreement marks a new chapter in HCLTech's commitment to driving digital transformation in the automotive sector.

Enhanced Digital Foundation Services

Under the new contract, HCLTech will leverage its proprietary GenAI-led service transformation platform, AI Force, to enhance and modernize the Swedish manufacturer's IT infrastructure. The expanded scope of services includes:

  • Platform-based managed services
  • Hyper automation
  • Full-stack observability with AI-powered solutions

These advanced services aim to enable one-click provisioning of IT services, optimizing operational efficiency and enhancing both employee and customer experiences.

Sustainability and Efficiency

The renewed partnership also focuses on accelerating the client's sustainability goals through responsible and efficient IT practices. This aligns with the growing trend of integrating environmental considerations into digital transformation strategies.

Leadership Perspectives

Jagadeshwar Gattu, President of Digital Foundation Services at HCLTech, expressed enthusiasm about the partnership, stating, "We are delighted to be a trusted digital transformation partner and contribute to the client's growth strategy. We look forward to leveraging our full-stack technology portfolio to build a future-ready digital foundation."

Pankaj Tagra, Corporate Vice President at HCLTech, added, "This renewal and expanded scope reflect the strong foundation we've built together over the years. The expansion of this strategic agreement further reinforces HCLTech's leadership in the global automotive vertical, which is amongst the company's key growth areas."

HCLTech's Global Presence

| Metric | Value | |:----------------------|:--------------|| | Workforce | Over 223,000 | | Countries of operation| 60 | | Consolidated revenues | $14.00 billion|

Upcoming Financial Results

HCLTech has scheduled a board meeting for October 13 to consider:

  1. Unaudited financial results for the quarter and half-year ending September 30
  2. Payment of the 3rd interim dividend

The company has announced the closure of its trading window from September 25 until 48 hours after the declaration of financial results on October 13, in compliance with insider trading regulations.

This renewed agreement with the Swedish commercial vehicle manufacturer underscores HCLTech's growing influence in the automotive sector and its commitment to delivering cutting-edge AI-powered digital solutions.

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HCL Technologies Unveils AI-Powered MarTech Platform 'HCL Unica+' in India

2 min read     Updated on 16 Sept 2025, 05:33 PM
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Jubin VergheseScanX News Team
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Overview

HCL Technologies has introduced HCL Unica+, an AI-first MarTech platform, targeting India's 800 million internet users. The platform, designed for hyper-personalized marketing, has already demonstrated its capabilities by managing 500 million customer accounts across 1.4 billion touchpoints in 28 languages for a top Indian financial institution. With India's MarTech industry projected to reach $94.00 billion by 2030, HCL Unica+ aims to help enterprises capitalize on precision marketing and personalized customer experiences.

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HCL Technologies , a global leader in technology services and solutions, has made a significant move in the Indian marketing technology landscape with the launch of its AI-first MarTech platform, HCL Unica+. The platform, designed for hyper-personalized, data-driven marketing, was unveiled at the ET MarTech+ Summit & Awards, targeting India's vast market of over 800 million internet users.

AI-Driven Marketing for the Intelligence Economy

HCL Unica+ is positioned as a game-changer in the evolving marketing landscape, which HCL refers to as the 'Intelligence Economy'. The platform is built to address the unique challenges of India's diverse, multi-lingual market, enabling brands to connect with a digital-native population that expects relevance at every touchpoint.

Rajesh Iyer, Executive Vice President & Portfolio General Manager, Business & Industry Solutions at HCLSoftware, stated, "We're moving beyond the Attention Economy into the Intelligence Economy. HCL Unica+ is the force multiplier for this shift. It's not just about reaching customers; it's about leveraging context to get it right every time, at every touchpoint."

Proven Performance at Scale

The platform has already demonstrated its capabilities by powering one of India's top financial institutions. It currently manages 500 million customer accounts across 1.4 billion potential touchpoints in 28 languages, showcasing its ability to handle large-scale, complex marketing challenges.

Market Potential and Industry Outlook

With India's MarTech industry projected to reach $94.00 billion by 2030, HCL Unica+ is well-positioned to help enterprises capitalize on the future of marketing. The platform emphasizes precision, personalization, and performance, all powered by artificial intelligence.

Rajiv Shesh, Chief Revenue Officer at HCLSoftware, emphasized the platform's focus on precision: "In today's market, it's not just about volume, it's about precision. HCL Unica+ redefines customer experience by helping marketers understand evolving customer needs and deliver experiences that build real trust."

Industry Perspectives

Sidhant Khanna, SVP at IndusInd Bank, highlighted the platform's relevance in today's digital landscape: "In today's always-on world, reach isn't enough, it's about relevance. With AI-powered insights, we can finally anticipate customer needs, cut through the noise and deliver the kind of hyper-personalized experiences that build real trust and lasting growth."

Harish Padmanabhan, Director of Global Partnerships at Xerago, described HCL Unica+ as "an AI-first, data-driven, integrated marketing automation platform purpose-built for the Intelligence Economy."

HCL Technologies' Market Position

HCL Technologies continues to strengthen its position in the global technology market. The company reported consolidated revenues of $14.00 billion. With a workforce of over 223,000 people across 60 countries, HCL Technologies is well-equipped to support the rollout and implementation of HCL Unica+ on a global scale.

As businesses in India and beyond seek to navigate the complexities of modern marketing, HCL Unica+ represents a significant step forward in leveraging AI and data to deliver more effective, personalized customer experiences. The platform's launch underscores HCL Technologies' commitment to innovation and its focus on addressing the evolving needs of businesses in the digital age.

Historical Stock Returns for HCL Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+0.61%+7.32%+2.16%+7.55%-17.31%+72.73%
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