The IT major will deliver hybrid cloud services, unified service management, digital workplace services, next-gen network services, and cybersecurity services to Hitachi ABB Power Grids

As part of a global transformation program, HCL Technologies has announced signing a multi-year agreement with Hitachi ABB Power Grids to establish a new greenfield digital foundation and support the latter in incorporating a new, efficient and independent IT organization.

The multi-year contract will support sustained business transformation by easing reliance on the historic ABB IT services infrastructure. As a component of the new digital foundation, HCL Tech will deliver hybrid cloud services, next-gen network services, unified service management, digital workplace services, and cybersecurity services.

Established in 2020, Hitachi ABB Power Grids was formed as a joint venture between ABB and Hitachi to forefront in pioneering power and digital technologies. By using HCL's Cloud Smart services, Hitachi ABB Power Grids will take benefit from an adaptive portfolio with advanced cloud services that are backed by intelligent automation and a robust partner ecosystem.

It is estimated that incorporation of these capabilities will support improvement in operations of Hitachi ABB Power Grids in over 90 countries and advance end-user experiences for 36,000 staff members worldwide. HCL will establish global standardization of IT services, strategic digital platforms, and futureproof solutions to keep pace with changing business requirements and evolving technology capabilities.

For information, HCL Technologies offers its products and services through three business units, namely Engineering and R&D Services (ERS), IT and Business Services (ITBS), and Products & Platforms (P&P). HCL was preferred by Hitachi ABB Power Grids as the ideal placed to develop a new Digital Foundation from scratch which comes in line with its strategic objectives of driving speed, simplicity, and scalability via its global operations.

According to market reports, HCL Technologies recorded a rise of 1.8% in revenues to INR 19,642 Cr. in Q4 FY21 over Q3 FY21.

Source Credit: https://www.business-standard.com/article/news-cm/hcl-technologies-engages-in-multi-year-contract-with-hitachi-abb-power-grids-121050400558_1.html