HCL Technologies enters into a strategic alliance with AMD

HCL Technologies (HCLTech) and AMD have entered into a strategic alliance to accelerate enterprise digital transformation worldwide through advanced solutions in AI, digital and cloud. This collaboration combines the strengths of both companies to create a robust digital ecosystem that boosts enterprise digital transformation and enhances customer experience. By co-investing in innovation labs and training programs, HCLTech and AMD aim to provide enterprises with innovative tools that unlock new business opportunities and enhance operational efficiency.

The joint development centres established through this alliance will serve as testbeds for advanced technologies, conducting proof-of-concept tests to hasten the time-to-market for innovative enterprise tools. Workforce training and reskilling initiatives will ensure that enterprises are well-equipped to navigate the evolving digital landscape.

Through this expanded collaboration, AMD and HCLTech can provide businesses across multiple industries with the leading-edge technology solutions they need to accelerate innovation and drive long-term growth.

Earlier this month, the company was selected by ASISA, a prominent health insurance provider in Spain, as its strategic IT partner to accelerate business transformation and expansion in Iberia. This partnership aims to accelerate ASISA's digital transformation journey to enhance the experience for its 2.2 million customers and position the company at the forefront of innovation in the region.

The March 2025 quarter revenue stood at ₹13432 crore, up 11.22% as compared to ₹12077 crore during the corresponding quarter last year. A modest increase of 10.21% in the Net Profit was reported ₹2763 crore to ₹3045 crore. Operating profit surged to ₹4695 crore from the corresponding previous quarter of ₹4344 crore.

HCL Technologies is primarily engaged in providing a range of IT and business services, engineering and R&D services and modernised software products and IP-led offerings.