HCLTECHNSEHCL Technologies Limited· Computers - SoftwareMediumPositive
Announced Mon, 25 May · 13:04 IST

HCL Technologies Limited has informed the Exchange regarding 'Release HCLTech and Pegasystems deepen collaboration to accelerate AI powered enterprise system modernization '.

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HCLTECH · price

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₹1167.00
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₹1172.10
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AI summary

HCLTech announced an expanded collaboration with Pegasystems Inc. to offer AI-powered enterprise modernization services. The partnership combines HCLTech AI Force with Pega Blueprint to help enterprises transform legacy systems into agile, cloud-native applications using generative and Agentic AI. The solution aims to automate discovery, documentation and transformation of legacy systems while reducing costs and time-to-value. This builds on HCLTech's existing partnership with Pega, with a focus on delivering modernization through AI-led automation and industry best practices. HCLTech reported consolidated revenues of $14.7 billion for the 12 months ending March 2026.

Likely market impact

This partnership strengthens HCLTech's AI-driven enterprise transformation offerings but does not represent an immediate order or revenue impact. It enhances competitive positioning in the enterprise modernization market and could drive future client wins.