LOGO
LOGO

Breaking News

HCL Tech To Provide Business Transformation Services To Husqvarna Group

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

HCL Technologies Ltd. announced that it has been selected by Husqvarna Group, a global leader in products and solutions for garden, park and forest care as well as construction, as a global strategic partner to provide comprehensive business transformation services to the latter. The engagement covers Europe, Asia Pacific and US operations.

As per the agreement, HCL will impact Husqvarna Group's key business operations bringing in enhanced efficiencies in their key business process areas. HCL will be using its proprietary Managed Application Services (MASCoT) framework, a managed service model to provide application support and maintenance, application life cycle management, application operation through 24x7 call support and services to support Husqvarna Group's business.

HCL's Framework for MASCoT will give Husqvarna Group cost savings, improved visibility on their applications availability to business, improved quality of service delivery which is SLA driven and 24*7 support model. HCL is committed to play the role of a transformational agent within Husqvarna's IT and business process.

The agreement scope also includes legacy and customs applications and ERP systems covering key business processes at Husqvarna including future business transformation projects and services.

HCL Tech's Senior Corporate Vice President and President-Consumer and Manufacturing Services Sanjeev Nikore said, "The application and business transformation agreement is one of the largest engagement for manufacturing industry in HCL Europe and accentuates the company's growing hold in the region, especially Nordics."

Husqvarna Group CIO Martin Althen commented, "In our journey to transform our IT landscape to enable Husqvarna Group to become even more competitive, we have chosen HCL as our strategic partner. We believe HCL has the right understanding of Husqvarna's business and IT environment by way of detailed and collaborative due diligence process and by HCLs demonstrated strengths kn key areas."

At the BSE, HCL Technologies shares are currently trading at Rs.746.60, up 0.09 percent from the previous close.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Latest Updates on COVID-19