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HCL eyes $100 Million deals for managing systems
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HCL eyes $100 Million deals for managing systems
New Delhi: As more companies seek to send their infrastructure management work offshore, HCL Technologies sees several $100-million infrastructure outsourcing deals in the pipeline. Earlier this year, HCL had won a more than $350-million contract from Reader`s Digest for managing the publisher`s desktops and servers.
The global IT infrastructure market has been growing exponentially over past few years. The top 15 vendors analyzed by research firm Forrester in a recent report provided remote and onsite services for about 16.7 million desktops, 1.7 million servers and 23.4 million users globally. These vendors, including IBM, HP-EDS, CSC and some Indian tech firms including HCL, delivered $83.9 billion worth of infrastructure services last year, reports Economic Times.
On their part, Indian tech firms such as Tata Consultancy Services, Infosys and Wipro have made substantial progress in gaining market share when it comes to application development, maintenance and back office outsourcing. However, outsourcing of computer hardware maintenance is an area where multinational rivals still lead.
"Our team is working on some IT-outsourcing deals in energy and media and publishing sectors. Our focus continues to remain on geographies such as the U.S., Continental Europe, UK and India," HCL Comnet Systems and Services President Anant Gupta said. Infrastructure services business is managed by HCL`s wholly-owned subsidiary HCL Comnet Systems and Services.
For HCL, revenue from infrastructure services accounted for around 17.6 percent of the company`s annual revenue in 2008-09. "Demand for IT services has certainly started looking up and we expect to clinch some good deals in the process," Gupta said adding that pricing pressure, too, was waning off.
Source:
http://www.siliconindia.com/shownews/HCL_eyes_100_Million_deals_for_managing_sys
The global IT infrastructure market has been growing exponentially over past few years. The top 15 vendors analyzed by research firm Forrester in a recent report provided remote and onsite services for about 16.7 million desktops, 1.7 million servers and 23.4 million users globally. These vendors, including IBM, HP-EDS, CSC and some Indian tech firms including HCL, delivered $83.9 billion worth of infrastructure services last year, reports Economic Times.
On their part, Indian tech firms such as Tata Consultancy Services, Infosys and Wipro have made substantial progress in gaining market share when it comes to application development, maintenance and back office outsourcing. However, outsourcing of computer hardware maintenance is an area where multinational rivals still lead.
"Our team is working on some IT-outsourcing deals in energy and media and publishing sectors. Our focus continues to remain on geographies such as the U.S., Continental Europe, UK and India," HCL Comnet Systems and Services President Anant Gupta said. Infrastructure services business is managed by HCL`s wholly-owned subsidiary HCL Comnet Systems and Services.
For HCL, revenue from infrastructure services accounted for around 17.6 percent of the company`s annual revenue in 2008-09. "Demand for IT services has certainly started looking up and we expect to clinch some good deals in the process," Gupta said adding that pricing pressure, too, was waning off.
Source:
http://www.siliconindia.com/shownews/HCL_eyes_100_Million_deals_for_managing_sys
