IDC MarketScape Names HCL as a Leader for Worldwide Application Modernization Services for Oracle Upgrades

CIOReview Team | Friday, 22 April 2016, 06:57 IST

HCL Technologies  (HCL), a leading global IT services company, has been recognized as a Leader for Worldwide Application Modernization Services for Oracle Upgrades by IDC in its recently published report, “IDC MarketScape: Worldwide Application Modernization Services for Oracle Upgrades 2016 Vendor Assessment”.

Using the IDC MarketScape model, IDC compared 11 service providers that supply Oracle upgrade services to enterprises running Oracle applications. Utilizing more than 80 criteria as well as combining feedback from multiple customer interviews, IDC found that providers in this evaluation bring a variety of capabilities for modernizing Oracle applications.

According to the IDC MarketScape report “Digital transformation is becoming a corporate imperative, and application modernization has emerged as a conduit to unlocking the value of digital. HCL's capabilities and forward-looking strategy positioned the service provider as a Leader in IDCMarketScape for application modernization services for Oracle upgrades. HCL has provided upgrade services to a range of industries, with a particular focus on banking/financial services/insurance (BFSI), manufacturing, and consumer packaged goods as well as media entertainment and travel and logistics.”

Ajit Kumar, President – Application Services and Systems Integration, HCL Technologies said, “HCL is a global leader in delivering end–to–end Oracle transformation and managed services to enterprises across all industries. Today, HCL is a Worldwide Oracle Platinum Partner and this recognition underscores the strengths of our strategy, our end–to–end offerings in delivering application modernization, upgrades and business transformation, as 21st Century Enterprises undertake their digitalization journey.”

HCL’s approach to Application Modernization focuses on large end–to–end technology and business transformation initiatives, rather than just modernizing, modifying or migrating applications. HCL operates through an ecosystem of technology partners, providing flexibility and transparency in services pricing, leveraging cloud ready architectures, agile methodologies and automation for delivering transformational modernization programs.

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