NEW DELHI (TIP): IT services rivals HCL Technologies and CSC have formed a strategic alliance to tap the market created by the customers’ move to modernise or digitise their applications and shift them to the cloud. Both entities plan to create an application modernisation delivery network to help clients shift from their legacy applications to a cloud-enabled platform.
The first such delivery centre will be carved out of their respective facilities in Bangalore and Chennai. These delivery centres will lower the risks and costs for clients transitioning to the cloud, both companies claimed. “We have joined hands with CSC on three core pillars – application modernisation, enablement of cloud platform and other technologies,” HCL Technologies President and CEO Anant Gupta said. CSC’s strong technology portfolio and client base coupled with HCL’s robust system integration capabilities will be a formidable combination in the application modernisation market, Gupta said.
The alliance will be targeting the addressable market of $8-12 billion. “We are sharing people, revenues and costs,” said Mike Lawrie, CSC President and CEO on the alliance’s joint go-tomarket and delivery strategy. Both partners will share dedicated employees and technologies as well as production and development work. “Our intent is to build delivery centre on global basis,” Lawrie added. The HCL Tech-CSC alliance will focus on enterprise customers in verticals such as banking and telecom and has already bagged a client – AT&T.
The alliance will also set up competency centre in banking to be housed in CSC’s facility in the US. The competency centre will help banks and financial institutions modernise their applications and make them much more visible in cloud environment, Lawrie said. Lawrie said his familiarity with HCL Tech’s capabilities helped CSC forge this alliance and that the Nasdaq-listed IT firm did not consider any other Indian IT services vendor for the partnership. Lawrie said he had worked with HCL for 15 years.