HCLTech Partners with IIT Kanpur to Advance Deep Tech Innovation for Global Capability Centers

2 min read     Updated on 26 Feb 2026, 03:30 PM
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Reviewed by
Suketu GScanX News Team
Overview

HCL Technologies has signed a strategic MoU with IIT Kanpur to boost deep tech innovation for Global Capability Centers, emphasizing AI, robotics, and future technologies. The collaboration combines HCLTech's GCC solutions with IIT Kanpur's research ecosystem to accelerate product launches and support research-focused innovation, officially launched at the GCC 4.0 summit in Hyderabad with 250+ technology leaders.

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HCL Technologies has entered into a strategic partnership with the Indian Institute of Technology Kanpur to advance deep tech innovation for Global Capability Centers through a newly signed Memorandum of Understanding. The collaboration aims to convert cutting-edge research into practical pilots and scalable solutions for the global technology sector, with particular emphasis on accelerating product launches and supporting research-focused innovation.

Strategic Partnership Framework

The partnership positions HCLTech as a trusted GCC partner for enabling research-led innovation, with particular emphasis on advanced engineering and deep tech capabilities. The collaboration combines HCLTech's comprehensive GCC solutions with IIT Kanpur's robust research and startup ecosystem to deliver innovation that extends beyond traditional talent and services.

Focus Areas: Details
Primary Technologies: AI, robotics, next-generation technologies
Research Approach: Translational R&D in intelligent systems
Additional Expertise: Cybersecurity, advanced engineering
Partnership Model: Joint research-to-market solutions
Innovation Support: Research-focused innovation acceleration

Academic and Industry Integration

Prof. Manindra Agrawal, Director of IIT Kanpur, highlighted the institution's strong expertise in translational research and development across multiple technology domains. The partnership provides IIT Kanpur researchers with direct access to real-world challenges faced by global GCCs, complemented by research funding opportunities and industry mentorship programs.

The collaboration serves as a strategic bridge between academic research and enterprise applications, enabling the co-development of innovative technologies with measurable business impact. This approach aligns with IIT Kanpur's strategic priority of translational research that moves from laboratory concepts to market-ready solutions.

Market Impact and Innovation Acceleration

Kiran Cherukuri, EVP and Global GCC Practice Head at HCLTech, emphasized the partnership's role in shaping the next era of GCC growth through effective integration with world-class research ecosystems. The collaboration positions HCLTech as a catalyst bringing together GCCs, academic excellence, research capabilities, and startup ecosystems, with enhanced focus on speeding up product launches.

Partnership Benefits: Details
Research Acceleration: Complex research initiatives support
Specialized Access: Skills without internal laboratory investment
Market Speed: Reduced time-to-market for solutions
Product Development: Frontier research to enterprise-ready products
Launch Support: Accelerated product launch capabilities

Industry Launch and Ecosystem Engagement

The collaboration was officially launched at the 'GCC 4.0: Co-Creating India's Innovation Powerhouse' summit held in Hyderabad. The event brought together more than 250 leaders representing India-based and global GCCs, IIT Kanpur, startups, and the broader technology ecosystem.

Event Details: Information
Summit Name: GCC 4.0: Co-Creating India's Innovation Powerhouse
Location: Hyderabad
Participants: 250+ technology leaders
Representation: GCCs, academia, startups, technology ecosystem

This strategic partnership reflects the growing importance of research-driven innovation in the global technology landscape and demonstrates HCLTech's commitment to advancing deep tech capabilities through academic collaboration, with enhanced emphasis on supporting research-focused innovation and accelerating product development cycles.

Historical Stock Returns for HCL Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-0.34%-6.39%-19.54%-8.69%-16.05%+47.81%

HCLTech Recognized as Leader in 2025 Gartner Magic Quadrant for Service Integration and Management

1 min read     Updated on 25 Feb 2026, 12:14 PM
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Reviewed by
Shriram SScanX News Team
Overview

HCL Technologies has been recognized as a Leader in the 2025 Gartner Magic Quadrant for Service Integration and Management, highlighting its 13+ years of expertise in the SIAM market. The company serves key verticals including manufacturing, retail, and healthcare, leveraging AI Force technology to advance SIAM capabilities. With over 226,300 employees across 60 countries and consolidated revenues of $14.50 billion, HCLTech focuses on helping enterprises transition from managing services to orchestrating outcomes.

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HCL Technologies has achieved recognition as a Leader in the 2025 Gartner Magic Quadrant for Service Integration and Management (SIAM), underscoring its established position in the enterprise technology services sector. The announcement was made on February 25 from New York and Noida, India.

Recognition Highlights Deep Market Expertise

The Gartner recognition acknowledges HCLTech's extensive experience of over 13 years in the SIAM market. The company has been delivering innovative solutions across key industry verticals, with particular strength in manufacturing, retail, and healthcare sectors. This recognition validates the company's ability to help enterprises streamline operations and elevate service delivery capabilities.

Recognition Details: Information
Report: 2025 Gartner Magic Quadrant for SIAM
Status: Leader
Market Experience: 13+ years
Key Verticals: Manufacturing, Retail, Healthcare

Strategic Vision for SIAM Evolution

Jagadeshwar Gattu, President of Digital Foundation Services at HCLTech, emphasized the company's forward-looking approach to Service Integration and Management. According to Gattu, the next phase of SIAM market maturity will be characterized by intelligence, autonomy, and measurable business outcomes.

The company is leveraging its AI Force technology to advance SIAM capabilities across enterprises. This approach enables governance of multiple functions, teams, and AI Agents, facilitating faster decision-making and responsible AI adoption. The strategic objective focuses on helping enterprises transition from traditional service management to outcome orchestration.

Company Profile and Market Position

HCLTech operates as a global technology company with more than 226,300 employees across 60 countries. The company delivers capabilities centered around AI, digital, engineering, cloud, and software services. Its client base spans major verticals including Financial Services, Manufacturing, Life Sciences and Healthcare, High Tech, Semiconductor, Telecom and Media, Retail and CPG, Mobility, and Public Services.

Company Metrics: Details
Global Workforce: 226,300+ people
Geographic Presence: 60 countries
Consolidated Revenues: $14.50 billion (12 months ending December 2025)

The recognition reinforces HCLTech's commitment to innovation in service integration and management, positioning the company to capitalize on the evolving demands of enterprise technology services. The company's SIAM offerings are designed to address the increasing complexity of modern IT environments while delivering sustained value creation for clients.

Historical Stock Returns for HCL Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-0.34%-6.39%-19.54%-8.69%-16.05%+47.81%

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