HCL Technologies rises on expanding long-standing partnership with Google Cloud

HCL Technologies is currently trading at Rs. 966.00, up by 1.55 points or 0.16% from its previous closing of Rs. 964.45 on the BSE.

hcl technologies launches dedicated google cloud business unit
hcl technologies launches dedicated google cloud business unit

The scrip opened at Rs. 964.00 and has touched a high and low of Rs. 972.85 and Rs. 964.00 respectively. So far 27385 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 1359.00 on 13-Jan-2022 and a 52 week low of Rs. 875.65 on 29-Aug-2022.

Last one week high and low of the scrip stood at Rs. 972.85 and Rs. 916.00 respectively. The current market cap of the company is Rs. 262791.33 crore.

The promoters holding in the company stood at 60.72%, while Institutions and Non-Institutions held 33.47% and 5.82% respectively.

HCL Technologies (HCLTech) and Google Cloud have expanded their long-standing partnership, with new capabilities and service offerings to expedite enterprise migration to Google Cloud. HCLTech, a strategic partner of Google Cloud, formed the dedicated Google Cloud Ecosystem Unit in 2019 to accelerate enterprise cloud adoption by helping enterprise customers plan and execute large-scale migrations.

The two companies are now expanding their partnership to significantly scale HCLTech’s capacity to support digital transformation and deliver critical migration, legacy system modernizations and professional services for enterprise customers.

The partnership will enable two new offerings to help enterprise customers migrate to Google Cloud more quickly and gain value from their cloud investments sooner.

The new Google Cloud Global Migration and Modernization Factory-within HCLTech Google Cloud Ecosystem Unit-will combine experts, unique IP, migration frameworks and automation tools to help businesses bring critical workloads into Google Cloud faster, while enhancing their cybersecurity posture and ensuring compliance with evolving regulations. In addition, a new, dedicated HCLTech Cloud Acceleration Team will further speed customers’ time-to-value with Google Cloud products and solutions by providing architectural expertise and unlocking powerful insights from enterprise data.

HCL Technologies is a leading global IT services company that helps global enterprises reimagine and transform their businesses through digital technology transformation.

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