HCL Technologies Positioned as a Leader in 5G Engineering Services PEAK Matrix® Assessment 2021 by Everest Group

NOIDA, Dec. 22, 2021:– HCL Technologies (HCL), a leading global technology company, has been named a Leader in the first edition of Everest Group’s 5G Engineering Services PEAK Matrix® Assessment 2021 report.

According to Everest Group, HCL is well-positioned to help clients with 5G transformations through its significant investments in innovation, partnership ecosystem and delivery footprint. In addition, HCL has invested in innovative products through HCL’s Industry Software Division, including HCL Augmented Network Automation, a next generation self-organizing network platform and HCL X-Haul 5G wireless modem intellectual property (IP).

“5G is revolutionizing the world of business by enabling enterprises and service providers alike to reimagine new opportunities for their clients,” said Vijay Anand Guntur, Corporate Vice President and Head of Engineering and R&D Services, HCL Technologies. “This recognition validates our investments in areas like 5G labs, IP and our ability to adapt to changing business environments with a dedicated focus on driving innovation, reduced time-to-market services and cost-saving initiatives for clients.”

HCL is particularly active in the O-RAN ecosystem with AI/ML apps, RAN Intelligent Controller platforms and a 5G lab specially set up to contribute to open community initiatives in O-RAN, which helps onboarding Virtual Network Functions seamlessly to benefit OEMs, Communication Service Providers and hyperscalers. The report recognizes HCL’s balanced distribution of delivery centers that allow HCL Technologies to serve clients across the world and optimize costs. The report also highlights the ability of HCL’s delivery teams to enable clients to deal with changing project scopes.

“HCL was assessed as a Leader in Everest Group’s 5G Engineering Services PEAK Matrix® Assessment 2021 due to its robust business growth in 5G engineering and strong investments in innovation and delivery footprint,” said Akshat Vaid, Vice President Engineering Services, Everest Group. “HCL has invested in a strong partner ecosystem and high-quality IP that has helped it achieve industry-leading growth in 5G engineering services. Its 5G lab is in addition to the other labs for testing, validation and verification, enterprise private 5G, as well as building, integrating, and interoperating solutions with partner products. HCL consistently receives appreciation from buyers on its significant technical know-how in 5G along with delivery flexibility.”

In its report, Everest Group evaluated 18 leading service providers based on its PEAK Matrix® framework, a composite index of a range of distinct metrics related to a service provider’s vision, capability and market impact.