HCL Attracts 350 Visionaries for Global Strategy Summit; As the First to Host Such a Meeting in India, Company Cements its Role as a Strategic Partner for Global Business.Outsourcing low cost/high volume projects to India was initially attractive as the first wave of significant IT business for India Co but HCL HCl hydrochloric acid. recognized this scenario could not sustain its business for the long term and has taken radical steps based on its Blue Ocean Strategy to transform into a value leader for its customers. AGRA, India -- HCL Technologies HCL Technologies is India’s 5th largest [2] and a leading global IT Services companies, providing software-led IT solutions, remote infrastructure management services and BPO. Ltd. ("HCL"), a leading global technology and IT enterprise, today announced it will host the first thought leadership summit to take place in India - Global Meet 2006, at the Hotel Jaypee Palace in Agra, India, on December 5-7, 2006. Over the past 18 months, HCL has undergone a significant transformation by working with customers and thought leaders to define what value means for the marketplace. By bringing together more than 350 visionaries and thought leaders for its Global Strategy Summit, HCL has created a platform where the next wave of business evolution can be debated and, ultimately, defined. Throughout the event, informative technology and socio-economic breakout discussions will focus on topics such as: * Can India and China Collaborate to Create Global Business Value? * Can Cultural Diversity be an Engine of Economic Growth in a Globally Connected Social World? * Can IT Operations Drive Organizational Transformation? * Managing Globally Distributed Teams * The SOA (1) (Start Of Authority) The first record in a DNS zone file. See DNS records. (2) (Service Oriented Architecture) The modularization of business functions for greater flexibility and reusability. Dilemma - Hype or Reality The full event schedule can be viewed at: http://www.hcltech.com/globalmeet/agenda.pdf. "We are honored that such an impressive and diverse group of global business luminaries and thought leaders from all over the world have decided to join us in India at this summit. The agenda is thought provoking and, at times, controversial, and we anticipate insightful discussions that will change how each of us views our business," stated HCL Technologies President Vineet Nayar. "Transformation is central to HCL's blue ocean strategy of creating significant value for our customers and we are encouraged that so many are beginning to realize that value." The three-day forum will begin with a CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. address by Shiv Nadar Shiv Nadar is an Indian businessman and educationalist and is the current Chairman and CEO of HCL Technologies. Nadar, known as Magnus (Wizard in Persian) amongst his friends, founded HCL in 1976 along with Ajai Choudary and three more colleagues. (Chairman and CEO, HCL Technologies), John Chambers John Chambers could be any of the following people:
In these sessions CXOs from across a variety of verticals Co including aerospace, banking and finance, retail, automotive, entertainment and life sciences Co will share their experiences for leveraging IT outsourcing to transform organizations. For more information on the Global Meet, please visit: http://www.hcltech.com/globalmeet About HCL Technologies HCL Technologies is one of India's leading global IT Services companies, providing software-led IT solutions, remote infrastructure management services and BPO BPO Business Process Outsourcing BPO Benevolent & Protective Order (of Elks of the USA) BPO Benzoyl Peroxide BPO Business Process Optimization BPO Broker Price Opinions BPO Buffalo Philharmonic Orchestra . Having made a foray into the global IT landscape in 1999 after its IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. , HCL Technologies focuses on Transformational Outsourcing, working with clients in areas that impact and re-define the core of their business. The company leverages an extensive global offshore infrastructure and its global network of offices in 16 countries to deliver solutions across select verticals including Financial Services, Retail & Consumer, Life Sciences, Hi-tech and Manufacturing, Telecom and, Media and Entertainment. HCL Technologies, along with its subsidiaries had revenue of US $ 1.058 billion (Rs. 4797 crore n. 1. Ten millions; as, a crore of rupees (which is nearly $5,000,000) s>. Noun 1. crore - the number that is represented as a one followed by 7 zeros; ten million ) for the twelve month period ending 30th September 2006, and employed 36,452 professionals. For more information, please visit www.hcltech.com About HCL Enterprise HCL Enterprise is a leading global technology and IT enterprise with annual revenues of US $3.7 billion (Rs. 16,789 crores). The HCL Enterprise comprises two companies listed in India - HCL Technologies & HCL Infosystems. The 3-decade-old enterprise, founded in 1976, is India's original IT garage start-up. Its range of offerings span Product Engineering, Technology and Application Services, BPO, Infrastructure Services, IT Hardware, Systems Integration, and distribution of ICT (1) (Information and Communications Technology) An umbrella term for the information technology field. See IT. (2) (International Computers and Tabulators) See ICL. 1. (testing) ICT - In Circuit Test. products. The HCL team comprises 40,999 professionals of diverse nationalities, who operate from 16 countries including 300 points of presence in India. HCL has global partnerships with several leading Fortune 1000 firms, including leading IT and Technology firms. For more information please visit www.hcl.in Forward Looking Statements Certain statements in this release are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration immigration, entrance of a person (an alien) into a new country for the purpose of establishing permanent residence. Motives for immigration, like those for migration generally, are often economic, although religious or political factors may be very important. , our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies/ entities in which we have made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. The company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the company. Other product or service names mentioned herein are the trademarks of their respective owners. |
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