Published on 15/11/2017 10:51:17 AM | Source: Dion Global Solutions Ltd.

HCL Technologies enters into agreement with JLT

Posted in Stock Market | #HCL Technologies Ltd #IT Sector #Stock Market


HCL Technologies (HCL), a leading global IT services company has said that it has entered into a five–year IT infrastructure services contract with Jardine Lloyd Thompson Group (JLT), one of the world’s leading providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services. Through the agreement, HCL will be implementing a fully orchestrated and automated cloud management platform with advanced automation capabilities, supported through HCL’s DRYiCETM platform.

In addition, HCL will continue to provide IT service desk services. HCL has been JLT’s infrastructure services partner since 2010, working to streamline the group’s IT systems and processes, which support over 10,000 employees in more than 40 countries. HCL’s knowledge of this complex technology landscape has led JLT to enter into a renewed agreement to drive further modernisation across its operating environment and lay the foundation for a global hybrid cloud platform.

As part of this, JLT will be reducing its data centre footprint by more than 50 per–cent, by implementing an all-flash storage array and cloud-based backups. Meanwhile, shares of the company were trading at Rs 466.90 apiece, down 0.26 per cent from the previous close at 09:30 hours on BSE.