HCL Technologies Emerges as a Most Admired Knowledge Enterprises (MAKE) Winner

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Thu Nov 12, 2009 10:15am EST

  NOIDA, INDIA, Nov 12 (MARKET WIRE) -- 
HCL Technologies Ltd. (HCL), a leading global IT services provider, today
announced that it has been recognized as a 2009 Most Admired Knowledge
Enterprise (MAKE) in India for maximizing Enterprise Intellectual
Capital. The winners were announced during a special awards ceremony at
the Confederation of Indian Industry's 'KM India 2009' Conference in
Chennai.

    A panel of Indian-based Fortune 500 senior executives and internationally
recognized knowledge management / intellectual capital experts selected
the winners.

    Rory Chase, Managing Director of Teleos, said, "Indian companies are
building portfolios of intellectual capital and intangible assets which
will enable them to out-perform their competitors -- both within India and
abroad -- in years to come. We congratulate HCL for being recognized by
the 2009 India Most Admired Knowledge Enterprises (MAKE) panel experts
for its superior transformational approach to maximizing intellectual
capital."

    The MAKE panel rated organizations against the MAKE framework of eight key
knowledge performance dimensions -- visible drivers of competitive
advantage and intellectual capital growth. The dimensions include creating
an enterprise knowledge-driven culture, developing knowledge workers
through senior management leadership, innovation, maximizing enterprise
intellectual capital, creating an enterprise collaborative knowledge
sharing environment, creating a learning organization, delivering value
based on customer/stakeholder knowledge, and transforming enterprise
knowledge into shareholder/stakeholder value.

    Gunaseelan Narayanan, Sr. Corporate VP, HCL Technologies, said, "We are
proud to be acknowledged as a winner of MAKE Awards. In the current
competitive environment, creation, management and utilization of knowledge
to build upon enterprise intellectual capital is a crucial differentiator
and we are committed to creating transformational and innovative knowledge
driven strategies moving forward. HCL has been widely recognized for its
unique 'Employee First' management philosophy and winning this prestigious
award is a reiteration of our human capital thought leadership."

    Only organizations founded and headquartered in India were eligible for
this MAKE study. As per the study, this year's Indian MAKE Winners are
delivering superior financial performance: Return on Revenues average
15.0% -- over five times the Global Fortune 500 median & Return on Assets
average 16.3% -- over seven times the Global Fortune 500 median.

    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 26
countries to provide holistic, multi-service delivery in key industry
verticals including Financial Services, Manufacturing, Consumer Services,
Public Services and Healthcare. HCL takes pride in its philosophy of
'Employee First' which empowers our 54,443 transformers to create a real
value for the customers. HCL Technologies, along with its subsidiaries,
had consolidated revenues of US$ 2.3 billion (Rs. 11,270 crores), as on
30th September 2009 (on LTM basis). 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. Founded in 1976, HCL is one of India's original IT garage
start-ups, a pioneer of modern computing, and a global transformational
enterprise today. Its range of offerings spans Product Engineering, Custom
& Package Applications, BPO, IT Infrastructure Services, IT Hardware,
Systems Integration, and distribution of ICT products across a wide range
of focused industry verticals. The HCL team comprises over 60,000
professionals of diverse nationalities, who operate from 26 countries
including over 500 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

    About MAKE Awards:

    Teleos, an independent knowledge management and intellectual capital
research firm, administers the Most Admired Knowledge Enterprises (MAKE)
program. The KNOW Network is a Web-based global community of organizations
dedicated to achieving superior performance through benchmarking,
networking and best practice knowledge sharing. The Teleos home page is:
http://www.knowledgebusiness.com. The MAKE research program, conducted in
association with The KNOW Network, consists of the annual Global MAKE
study -- the international benchmark for world-class knowledge-driven
organizations -- and regional/national MAKE studies.

    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.

    

For details, contact
Zulfia Nafees
Mob +91 9810495138
Email: zulfian@hcl.in

Copyright 2009, Market Wire, All rights reserved.

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