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HCL Infosystems Reports Consolidated Revenue Of Rs 2456 Crores
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HCL Infosystems Reports Consolidated Revenue Of Rs 2456 Crores  
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Wednesday, November 07, 2012 HCL Infosystems India’s premier Services, ICT System Integration, Hardware and Distribution Company today announced its financial results for the first quarter ending September 30th 2012.

Key Updates and Quarter Snapshot

Computer Systems segment registered strong growth across different verticals:

o The company was awarded one of the largest IT contract ever for the Managed Service Provider (MSP) from UIDAI (Unique Identification Authority of India).

o In the BFSI segment, the company bagged a significant order for Corporation Bank for Automated Data Flow with HCLs BancScan. Also Financial Inclusion order from Rajasthan Gramin Bank and Performance Management System order from RBI were gained by the business

o The Manufacturing, Retail and Oil vertical won important orders from IOCL and HMSI

· The company’s services business initiatives gained considerable ground with new wins in IMS (Infrastructure management Services) and Cloud offerings. In IMS several new customers in the enterprise and government verticals were added. The company has also realigned its relevant workforce and processes to create an overall robust delivery organization in this space.

· The cloud computing business also added new customers such as ABC Limited, Munkey and National Board of Accreditation. The Cloud business also extended its offerings by launching Disaster Recovery as a Service and also established a new partnership with Sanovi.

HCL Infosystems MEA, the company’s subsidiary based out of Dubai won major orders from Etisalat BTO, Gems Education, Qatar International Bank and Abu Dhabi Police. Also HCL Insys Pte. Limited (Singapore) a wholly owned subsidiary of HCL Infosystems bagged IMS contracts from 10 prestigious Government agencies. The RIM (Remote Infrastructure Management) centre in Singapore became completely operational

As part of new technologies developed in the company’s Jaipur Development Center (JDC), new functionalities were introduced in BancMate CBS, BancMate FI, HRMate, BancScan among others. These new functionalities include developing Retail Lending Module, Online Transaction on laptop using finger print authentication, implement GIS integration with CRM etc. Products such as HrMate, eVitran, BancScan enabled the company to win new customers such as NBA (National Board of Accreditation), Punjab National Bank and Corporation Bank.

The Mobility Business of the company also achieved very high YoY revenue growth. The Mobility business recently did a successful global launch of a new addition to the tablet range – ME TAB G1 in Dubai and in the Middle East market. The business has increased the estimated unit market share from 12% to 18% in the quarter. The business also chalked new partnerships with Spice, Croma, TMS, Sangeetha, Univercell and Poorvika among others. The business also successfully integrated peripherals on the ME tablets such as printers, barcode scanner, smart card reader and biometrics for its enterprise offerings. For businesses Market Survey and Fine Dining applications has been introduced while for consumers, apps like The Times of India, The Economic Times, BigFlix, Ibibo and WeChat were also pre-embedded on the tablets

· The Company also launched the first HCL Ultrabook based on third generation Intel processors. Also two new laptops – HCL ME 1055 and 1065 on Intel 3rd Generation Platform has been launched. In the server category the business won several major orders from SBI for FY 12-13, making its strong presence felt in the BFSI segment

· The business is also successfully tapping into the SMB/SME server market. High End workstation solutions on Nvidia Quadro platform are being built to target high potential untapped markets. There was also a Successful Launch of Intel 3rd Generation platform on Desktops.

The Learning Business has been registering good growth and some of the educational institutes across the country where HCL Learning partnered this quarter were - Smt. J.B. Khot High School , Maharashtra, Kamaraj Matriculation Higher Secondary and Dawn School, both from Tamil Nadu.HCL CDC (Career Development Centre) introduced tablets for students (bundled with course content). Courses on Mobile application development in ILT (Instruction Led Training) and online mode have also been introduced

The Distribution Business added many new partners such as Dell, Lexmark, JBL, Omron, DeLonghi, Norton and Supertooth. The business also launched Power+ brand of accessories

The company’s OA Business won over 20 new customers, 12 of which were major orders including a significant one from Prasar Bharti. The business focused on expanding and bolstering its channel and conducted a National Channel Partner Meet in September 2012

HCL Care won new clients such as Philips and RIM (Research in Motion). The business introduced Avaya Solution which was implemented in the Global Contact Centre and PC manager Solutions for global customers.

New Services launched under HCL Care were Multi Brand Break Fix Services and Set-Top box Repair Services

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