Indian outsourcer HCL charges into New Zealand

By , on
Indian outsourcer HCL charges into New Zealand

Indian IT services company HCL Technologies has announced the signing of a channel partnership with Kiwi systems integrator Optimation, in an attempt to win more government business in New Zealand.

Optimation has close links with the New Zealand Government and skills in SAP services and large-scale application development.

The two companies will provide a mix of remote infrastructure management, business process outsourcing, application development and maintenance, testing, document management and BPM, SOA and middleware.

These services will be based on products from SAP, Oracle, Microsoft and EMC.

HCL said it intends to buiild a new IT competency centre in Auckland "in the next two years."

The Indian outsourcer, which already handles application maintenance for several large Australian banks, also produced its annual results today, showing a strong performance.

Revenue was up 40 percent on last year to 105.9 billion rupees (AU$2.6 billion), while net income climbed 13.6 percent to 12.8 billion rupees (AU$314.4 million).

HCL also announced financial results for the quarter ending in June, with revenue up 34.7 per cent from last year at 29.1 billion rupees (AU$714 million), but only 1.6 percent sequentially. However, net income is up 134.1 percent from last year at 3.3 billion rupees (AU$81m), and sequentially 51.3 percent.

HCL Technologies chief executive Vineet Nayar said: "We accelerated our investments in growth in enterprise application services, emerging geographies and new verticals. The early indicators of these investments are showing in our diversified business portfolio, improving market share and most importantly in employee satisfaction.”

HCL Technologies also increased its headcount, adding 3,475 employees this year, giving a total of 54,216.

Got a news tip for our journalists? Share it with us anonymously here. @ 2010 Incisive Media

Most Read Articles

Log In

  |  Forgot your password?