SAP Accredits HCL AXON Solution for the Oilfield Services Sector

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Mon May 11, 2009 9:33am EDT

  LONDON, May 11 (MARKET WIRE) -- 
HCL AXON, the global SAP enabled transformation consultancy, have had
their Rapid Deployment Toolkit (RDT) for the Oilfield Services Sector
accredited by SAP UK. The RDT provides a pre-configured solution for
Oilfield Services companies which enhances SAP's ERP package. It consists
of a number of elements to accelerate the design and implementation
whilst reducing risk:


--  Pre-configured SAP solution that accelerates design and build phases
    and enables "design by demo" approach
--  Comprehensive documentation, operating model, processes and training
    materials
--  Enhancements to support oilfield services companies such as off-line
    working for off-shore personnel in areas with limited communication
    connection and automated client project related billing.
    

    
The next release of the RDT includes accelerators for Business
Objects, which was acquired by SAP in 2008.

    The RDT solution has been developed and enhanced over the last five years
around real client experiences gained by working with global
organisations. HCL AXON have been able to accelerate project lifecycles
with one client achieving their first go-live in 90 days. The solution
has been selected by a variety of Oilfield Services and other
organisations including those involved in well services, offshore marine
services and pipelines.

    Joe Campbell, Head of HCL AXON's Oil and Gas practice in EMEA said, 'HCL
AXON are delighted to be partnering with SAP in the Oil and Gas Sector and
that they have accredited the RDT. The RDT is mature, comprehensive and
enables both national and global Oilfield Services clients to rapidly
deploy the benefits of SAP with lower costs than can be achieved with the
generic off-the-shelf SAP product. With the RDT, we hit the ground running
-- within a very short period of time, our consultants have a design that
leverages the RDT assets, our global experience and our client's specific
requirements.' Campbell added, 'With the current market volatility, we are
seeing increasing interest from Oilfield Services organisations. These
organisations wish to implement best practice controls and processes in
the quickest possible time frame as margins tighten and the market is
becoming more competitive.'

    About HCL AXON

    HCL AXON (www.hcl-axon.com) is a Business Transformation consultancy that
delivers significant business value to large, complex organizations
through the innovative implementation of SAP technologies. HCL AXON has
over 4,500 experienced professionals specializing in the delivery of
sustained business improvement through technology enabled transformation
programs. HCL AXON's consultants bring in-depth industry expertise
alongside best practice functional knowledge to address the strategic,
operational, information management and organizational effectiveness
challenges faced by organizations today.

    HCL AXON is renowned for its ability to help clients define more ambitious
strategies, build more effective organizations and shape more successful
futures.

    About HCL Technologies

    HCL Technologies is a leading global IT services company, working with
clients in the areas that impact and redefine the core of their
businesses. Since its inception into the global landscape after its IPO
in 1999, HCL focuses on 'transformational outsourcing', underlined by
innovation and value creation, and offers integrated portfolio of
services including software-led IT solutions, remote infrastructure
management, engineering and R&D services and BPO. HCL leverages its
extensive global offshore infrastructure and network of offices in 19
countries to provide holistic, multi-service delivery in key industry
verticals including Financial Services, Manufacturing, Aerospace &
Defense, Telecom, Retail & CPG, Life Sciences & Healthcare, Media &
Entertainment, Travel, Transportation & Logistics, Automotive, Government
and Energies & Utilities. HCL takes pride in its philosophy of 'Employee
First' which empowers our 52,957 transformers to create a real value for
the customers. HCL Technologies, along with its subsidiaries, had
consolidated revenues of US$ 2.0 billion (Rs. 8974 crores), as on 31st
December 2008. For more information, please visit www.hcltech.com

    About HCL Enterprise

    HCL is a $5 billion leading Global Technology and IT Enterprise that
comprises two companies listed in India - HCL Technologies & HCL
Infosystems. The 3-decade-old Enterprise, founded in 1976, is one of
India's original IT garage start-ups. Its range of offerings spans Product
Engineering, Custom & Package Applications, BPO, IT Infrastructure
Services, IT Hardware, Systems Integration, and distribution of ICT
products. The HCL team comprises over 58,000 professionals of diverse
nationalities, who operate from 20 countries including 360 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, uncertainties, assumptions and other factors
that could cause actual results to differ materially from those in such
forward-looking statements. All statements, other than statements of
historical fact are statements that could be deemed forward-looking
statements, including but not limited to the statements containing the
words 'planned,' 'expects,' 'believes,' 'strategy,' 'opportunity,'
'anticipates,' 'hopes' or other similar words. The risks and uncertainties
relating to these statements include, but are not limited to, risks and
uncertainties regarding impact of pending regulatory proceedings,
fluctuations in earnings, our ability to manage growth, intense
competition in IT services, Business Process Outsourcing and consulting
services including those factors which may affect our cost advantage,
wage increases in India, customer acceptances of our services, products
and fee structures, our ability to attract and retain highly skilled
professionals, our ability to integrate acquired assets in a cost
effective and timely manner, time and cost overruns on fixed-price,
fixed-time frame contracts, client concentration, restrictions on
immigration, 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, the success of our brand development
efforts, 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, other risks,
uncertainties and general economic conditions affecting our industry.
There can be no assurance that the forward-looking statements made herein
will prove to be accurate, and issuance of such forward-looking
statements should not be regarded as a representation by the Company, or
any other person, that the objective and plans of the Company will be
achieved. All forward-looking statements made herein are based on
information presently available to the management of the Company and 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

    

For details, contact:
Joe Campbell
Head of HCL AXON's Oil and Gas Practice, EMEA
joe.campbell@hcl-axon.com

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