HCLTech & Husqvarna Group: Exclusive IT & Digital Transformation Partnership
By Rediff Money Desk, NEWDELHI Dec 06, 2023 19:08
HCLTech selected as exclusive IT and digital transformation partner for Husqvarna Group, leveraging AI, engineering & support services for a 5-year agreement.
New Delhi, Dec 6 (PTI) Indian IT services company HCL Technologies (HCLTech) has been selected by Swedish manufacturer Husqvarna Group as its exclusive "partner of choice" for IT and digital transformation, a release said on Wednesday.
Under the new five-year agreement, HCLTech will leverage Artificial Intelligence, digital, engineering, and support services to enhance the resilience and stability of Husqvarna Groups' IT environments through hyper-personalised AI-based solutions and a collaborative governance framework, the release said.
For Husqvarna Group -- a leading global producer of outdoor power products -- watering products, cutting equipment and power tools, the deal with HCLTech paves the way for future transformational and sustainable programs.
"HCLTech, a leading global technology company, and Swedish manufacturer Husqvarna Group have extended their strategic IT and digital transformation partnership," according to the release.
This is a major milestone for HCLTech, and the first time a large global IT contract by an India-headquartered technology company has been "Vested certified', according to the release.
"Vested contracts focus on creating an environment conducive for highly-collaborative business relationships... The Vested approach to drawing up contracts, based on the University of Tennessee's Haslam College of Business Administration's award-winning research, fosters an environment of innovation that improves service, reduces costs and unlocks business value for the parties involved in the contract," it said.
Under the new five-year agreement, HCLTech will leverage Artificial Intelligence, digital, engineering, and support services to enhance the resilience and stability of Husqvarna Groups' IT environments through hyper-personalised AI-based solutions and a collaborative governance framework, the release said.
For Husqvarna Group -- a leading global producer of outdoor power products -- watering products, cutting equipment and power tools, the deal with HCLTech paves the way for future transformational and sustainable programs.
"HCLTech, a leading global technology company, and Swedish manufacturer Husqvarna Group have extended their strategic IT and digital transformation partnership," according to the release.
This is a major milestone for HCLTech, and the first time a large global IT contract by an India-headquartered technology company has been "Vested certified', according to the release.
"Vested contracts focus on creating an environment conducive for highly-collaborative business relationships... The Vested approach to drawing up contracts, based on the University of Tennessee's Haslam College of Business Administration's award-winning research, fosters an environment of innovation that improves service, reduces costs and unlocks business value for the parties involved in the contract," it said.
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 9.96 (+ 9.21)
- 181391955
- Thinkink Picturez
- 1.28 ( -4.48)
- 29795790
- Standard Capital
- 0.94 (+ 2.17)
- 15878801
- YES Bank Ltd.
- 18.92 (+ 3.61)
- 14375643
- G G Engineering
- 1.51 ( 0.00)
- 14059736
MORE NEWS
Urja Mobility Launches B2C Battery Leasing for...
Urja Mobility launches its B2C battery leasing program for e-rickshaw drivers in 10...
IOB Q3 Profit Jumps 21% on Lower Bad Loans
Indian Overseas Bank (IOB) reported a 21% increase in net profit to Rs 874 crore for Q3...
Brightchamps Acquires Edjust: Expanding K12...
Brightchamps, a leading edtech platform, acquires Indian K12 marketplace Edjust,...