HCL Technologies (HCL), a leading global IT services company has said that it has been positioned in the "Winner's Circle" for its software product engineering services capabilities by the leading analyst firm HfS in its report "HfS Blueprint Report: Software Product Engineering Services Outsourcing 2015" authored by Pareekh Jain, Research Director, Engineering Services at HfS Research.
"The Report evaluated 13 global service providers of software product development for ISVs (Independent Software Vendors) and internet companies only. The report evaluated the service offerings and capabilities of the providers and mapped them on a number of facets, primarily under two categories - innovation and execution - to help clients select the right vendor for their service needs," the company said in a filing to the Bombay Stock Exchange.
Commenting on the development, HfS Research Research Director, Engineering Services Pareekh Jain said, "HCL has demonstrated strong delivery capability across the services value chain and across different ISVs and internet companies. HCL started as a product company and has the product development DNA. It has applied product development rigor to its software product engineering practice with accelerators, IPs, and other prebuilt components."
Meanwhile, shares of the company were trading at Rs 854.30 apiece, up 0.60 per cent from the previous close at 09:44 hours on BSE.