HCL Technologies is now India's leading IT Company surpassing companies like TCS, Wipro and Infosys in terms of performance and growth

HCL Technologies is now India’s leading IT Company surpassing companies like TCS, Wipro and Infosys in terms of performance and growth.

IT Industry as a whole is growing at a fast pace for the last 10-15 years and the pandemic has added fuel to the fire. Because of the pandemic, small business has also joined the race in digitising their business. IT services are being adopted at the level at B2B and B2C models.

Today it is possible to work from home, learn from home and shop from home because of the IT services and easy and cheap availability of cheap internet and internet access devices.

It won’t be wrong to say this is IT3.0, apart from growing software demand, the demand for hardware is also rising such as servers and related services.
Because of the cloud technologies, it is now cheaper for companies to implement IT-related services for their clients as one doesn’t have to invest in the infrastructure rather can use 3rd party hosting services like Amazon, Google Cloud, Microsoft Azure, etc. HCL Technologies has partnered with cloud hosting companies to provide services related to could to its own customers/clients.

HCL Technologies has given a return of 128% to its shares holders in just the last year because of the strong order book of $7.3 Billion.

Stockoholic: By Ketan Agrwal

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