Any opinions, findings, conclusions or recommendations expressed in this material are those of the authors and do not necessarily reflect the views of UKEssays.com. The focus is also on keeping costs down and standardizing the IT process. A. IT Maturity Analysis and Benchmarking: It helps to indentify the maturity level of the organization in terms of processes and IT capabilities. Also, the average compounded annual growth rate (CAGR) for Indian IT sector in 2003-08 was 30% (Gajulapalli, et al., 2008). This program was implemented over the period of five years. Study for free with our range of university lectures! HCL Infosystems Ltd. Stock Price: Get the latest news & announcements of HCL Infosystems Ltd., HCL Infosystems Ltd. Balance Sheet, HCL Infosystems Ltd. Shareholding pattern, HCL Infosystems Ltd. Cash Flow, Stock Quotes, Market Cap, Charts, Annual Financial Statements, Dividend, Net Profit Margin, Return on Assets & Stock Quotes on Zee Business. Registered Data Controller No: Z1821391. Asymmetrical information occurs when customer has better idea of expected services than the company providing products or services. The report covers the company’s structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company.Features: Learn how to effectively navigate the market research process to help guide your organization on the journey to success. Copyright © 2003 - 2020 - UKEssays is a trading name of All Answers Ltd, a company registered in England and Wales. As on 31st March 2010, the consolidated revenues of HCL Technologies, along with its subsidiaries was US$ 2.6 billion (Rs. Solutions & Options Analysis – with this analysis organization can mitigate the risks and fufil the identified gaps with suitable option. ... We have made progress on transition of business model to an asset light, IP & services centric business model … Information Technology *You can also browse our support articles here >. Get latest HCL Info News/Updates and Results/Analysis. This is very bold step and requires trust in the organization. Transformation Strategies for Shared Services: the focus is on setting up business and IT shared service organizations. Registered office: Venture House, Cross Street, Arnold, Nottingham, Nottinghamshire, NG5 7PJ. As shown in Figure 3, IT strategy should also consider the external as well as internal factors which can impact the organizational growth and try to use the Information Technology to use the opportunities available. ... Shares of HCL Infosystems … In IT industry, employees should be able to interact with customers very effectively. It also varies based on the products or services offered. HCL operates through three segments (Data Monitor, 2010): • Software Services – generated 72.7% of the total revenues of HCL during FY2009. ROI & Business Case Analysis: ROI (Return on Investment) is important for any investor. The major competitors of HCL Technologies are as below (Data Monitor, 2010): • International Business Machines Corporation, • Cognizant Technology Solutions Corporation. Premkumar, Executive Vice-Chairman and Managing Director, HCL Infosystems Ltd., commenting on the results said, “The planned focus on the Enterprise Business has been maintaining its growth course while in the Consumer Business we are steadfast in our transition from single-brand to a multi-brand business model. Open Source solutions can be modified and adapted to precisely fit specific business needs – something that’s often not possible with proprietary software. HCL Infosystems Reports Revenue of Rs. We are committed to Affirmative Action for … Under “Be the CEO of Your Idea” initiative, employees identified the gaps within the organization and were motivated to suggest innovative high-impact solutions which were important for business growth. The reason behind selecting HCL for the research was that it is IT Services based organization, has very complex organizational structure, is large in size and spread across much geography in the world. 3. 1. HCL EFCS strategy was so successful that within the three quarters after launch of the EFCS program, HCL’s worrying attrition rate significantly dropped from 20.4 percent to 17.2 percent and sales rose substantially. HCL stressed on the importance of employee wellness as employees are the face of the organization. • Improved knowledge sharing across the organization. HCL Infosystems Limited - Strategy and SWOT Report, is a source of comprehensive company data and information. (Technology Transformation Services, 2010), While defining the IT strategies, the IT strategists should ask themselves the questions such as –. … It tries to transform organizations into competitive businesses. Link (2008) states that the most effective IT strategies comprises of four layers –, 3. The outcome also helps to align IT portfolio around the projects with business requirements. The company is among the leading players in all the segments comprising … HCL Infosystems Ltd. (HCL-INSYS) - News Sector MARKET LIVE: Sensex regains momentum, up 200 points; Bharti Airtel rises 3% 3.16 pm | 21 Oct 2020 | Business Standard -391.06 It also oversees the resource allocation, risk analysis and mitigations. Looking for a flexible role? Intrinsic Value based on Median EV / EBIDTA Model : Rs. Because of its wider spread across industries and geographies IT offers organizations unique opportunities to expand business and generate more revenues across the world. Get instant notifications from Economic Times ... multi-channel business model since January 2017 to expand in the high-potential segments of mobile products. HCL, one of India's -- and the world's -- first computer companies, was launched in 1976 by six co-founders. The company manufactures and distributes a wide array of technology products, including PCs, servers, data storage and networking equipment, printing and … Figure Step -Up IT Transformation Framework, (Technology Transformation Services, 2010). Though the research found consistency in the strategies of IT companies, it provided little insight into the extent to which particular strategy was implemented across the firms. The best strategy decreases threats, exploits opportunities that are available, capitalizes on weakness as well as strengths. IT firm HCL Infosystems on Friday reported widening of its loss to Rs 83.71 crore for the quarter ended September.The company had posted a loss of Rs 39.92 crore in the year-ago period, HCL … In Phase 3 the focus is on Business-IT alignment. Under the CEO Blog, the CEO posted questions or information on the blog and employees tried to answer or comment. its value chain and its interaction with the industry value system. HCL Infosystems is an IT services, solutions & distribution company providing the choice of multi-brand global technology products and the capability of best-in-class, business-aligned … Strategist should ask questions such as – what, why, when, whom and how while defining strategies. Figure Key Strategic Drivers and Inter-Relationships with the IT strategy. HCL Infosystems is a Distribution, IT Services, and Solutions Company, enabling organizations attain and sustain competitive advantage by leveraging Information and Communication … Link (2008) strategies define the organizations future intentions. The output of this strategy actually defines a long-term IT Roadmap of HCL. Main objective of Transactional Fold Model is –, • Close the transactional gap between customer and organization regarding customer needs; to create ‘transactional fold’ which. Enterprise business was impacted by competitive environment and market slowdown,” Rangarajan Raghavan, Managing Director, HCL Infosystems, said. • To create IT strategies which help to solve complex business issues and drive the business growth. Now-a-days Information Technology is the most important pillar of any IT based organization. The company posted annual net loss of Rs 214 crore for the year ended June.On whether there was any business … 4. These products and services are provided across major industry verticals as mentioned below (HCL- about us, 2010). Phase 3 is focused more on the continuous efficiency improvement. HCL Infosystems Ltd on Wednesday reported Rs 685 crore revenue for the first quarter (Q1) of the 2017-18 fiscal, registering 17 per cent sequential decline from Rs 823 crore a quarter ago. Free resources to assist you with your university studies! Mahindra Satyam is the main competitor of HCL technologies. 3) Analyze the internal/external environment of the company and then evaluate the technical aspects of the company. The company's board has approved his resignation with effect from the closing hours of March 31, 2020, according to a BSE filing. 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