HCLTech Secures Five-year Deal with Swedish Firm Husqvarna

CIOTechOutlook Team | Thursday, 07 December 2023, 02:33 IST

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Husqvarna Group, a Swedish manufacturer, has awarded HCLTech a five-year extension to a strategic IT and digital transformation contract. The financials of the transaction were not disclosed.
 
Under the new five-year agreement, HCLTech will offer its AI, digital, engineering and support services to Husqvarna Groups’ IT environments through hyper-personalized, adaptive, AI-based solutions and a collaborative governance framework, as per economic times. 
 
This is a significant milestone for HCLTech because it is the first time a large worldwide IT contract by an India-based technology business has been Vested certified, according to the company. Vested contracts aim to foster an environment that fosters highly collaborative corporate relationships.
 
“We have co-created a unique governance model that will improve and accelerate technology development and a unified operating model that would further IT’s cause of creating value for our customers,” said Robert Hafredal, group CIO, Husqvarna Group.
 
“We are glad to be a fully certified partner to Husqvarna Group in Vested methodologies, creating a unique model of transparency and incentives for us to jointly grow in our partnership,” said Pankaj Tagra, corporate vice president - Europe and Africa, HCLTech.
 
HCL Technologies Limited, also known as HCLTech, is a global Indian information technology services and consulting firm located in Noida. Shiv Nadar is the company's founder. When HCL entered the software services market in 1991, it became an independent firm.
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