HCL Full Form and Overview
HCL Full Form: Hindustan Computers Limited.
HCL Full Form: Hindustan Computers Limited (HCL) is an Indian multinational information technology company headquartered in Noida, Uttar Pradesh, India. It provides IT services and products to large enterprises and governments. Founded in 1976 by a group of engineers from the Indian Institute of Technology, Delhi, HCL is a Fortune Global 500 company and was ranked 43rd on Forbes’ 2018 list of “India’s Best Under a Billion” companies. In 2017-2018, HCL had a revenue of US$7 billion with an operating profit of US$1 billion.
HCL Full Form: What is HCL?
HCL stands for HCL Infosystems. The company began its development in 1973 in an old paan shop in the Industrial area of Visakhapatnam, Andhra Pradesh. HCL enterprise, founded by Viswanath Kuppuswamy Pillai, was the first company to develop a microprocessor-based personal computer in India. The company produced its microprocessor and first introduced the microprocessor in India in 1975 under the name HCL IIS. Officially established on 25th June 1976, HCL successfully developed and sold PC-based computers, capturing 30 percent of the global microprocessor market. HCL Full Form
Why is HCL Called the IT Giant That Doesn’t Get Enough Credit?
The full name of HCL is Hindustan Computers Limited. Its head office is in Noida, New Delhi. Founded in 1976 as a manufacturer of punched-card technology, HCL’s logo depicts the Kingfisher Airlines brand. After purchasing IBM’s LOKI business, HCL established a strong foothold in India’s booming IT sector. Listed in the all-India BSE 500 index, HCL’s market capitalization is $14.6 billion. The company is a member of CII, FICCI, and NASSCOM.HCL Full Form
The Solutions HCL Provides: HCL Full Form
Today, while HCL sells IT products and services, the bulk of its work focuses on outsourcing. This involves offering IT services to other businesses, allowing HCL to efficiently and cost-effectively service large clients. In 2015, HCL’s IT outsourcing business was valued at $20 billion. This substantial operation means HCL employs and manages a vast workforce. Despite the focus on large clients, HCL also serves startups and small businesses, providing a wide range of IT solutions.
HCL Full Form: The Future of HCL
With its ideal mix of technology and talent, HCL has the potential to become a true powerhouse in the fast-paced, technology-driven IT field. By harnessing the technological revolution to its full potential, HCL aims to be a pivotal contributor to the country’s development.HCL Full Form
The Business of HCL
HCL Enterprise is divided into four business segments: HCL Full Form
- Cloud and Connectivity
- Healthcare IT and BT
- Marketing
- IT Services
During fiscal 2017, HCL posted revenues of Rs. 2,600 crore in India and Rs. 9,480 crore in Europe. It positions itself as a technology company that delivers services across the value chain for its clients, including technology and outsourcing, technology and development, product development, product engineering, data management, and analytics and consultancy.HCL Full Form
HCL’s services span business applications and platforms, knowledge process outsourcing, development, design, and management solutions. According to its financial statements for FY16, HCL India had an employee headcount of 26,100, while HCL EMEA had 23,250 employees.
HCL Full Form: The Work of HCL
HCL’s fundamental mission is to “foster and create technology solutions that enable people to create meaningful and purposeful lives.”
Organic Service Delivery: HCL provides a range of services to its customers, leveraging in-depth expertise in application development, infrastructure management, and lifecycle services. By focusing on applying these in-house technologies to meet customer needs, HCL has become the preferred IT services partner for many clients.
Evolving Technology: HCL has transformed from a personal computer service provider to a total IT solutions provider. As part of the TCS Group, which has been in existence for over 23 years, HCL continues to evolve and expand its service offerings.HCL Full Form
Conclusion
HCL, or Hindustan Computers Limited, is a multinational IT company in India, founded in 1976. Headquartered in Noida, HCL (HCL Full Form) is poised to continue its growth and influence in the global IT market by leveraging its technological expertise and broad range of services.