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Wednesday, November 19, 2008
Xerox and HCL Technologies Announce Global Partnership - Who in The World is HCL?
ROCHESTER, N.Y., Nov 19, 2008 (BUSINESS WIRE) -- Xerox Corporation (XRX:
Xerox Corporation
XRX 5.58, -0.48, -7.9%) today announced a strategic global alliance with HCL Technologies, a leading global IT services company. HCL will serve as a systems integrator for Xerox's managed print services offering -- which helps companies control their office print environment to achieve continual cost savings and productivity gains.
"The partnership with HCL will open new opportunities for Xerox in this high-growth market while bringing sustainable business benefits to more customers worldwide," said Stephen Cronin, president, Xerox Global Services.
The joint, go-to-market offering combines Xerox Office Services and systems with HCL's desktop management and infrastructure expertise to help enterprises gain control of printing, copying and other document-related costs. Effectively managing the office can lead to reduced print costs; faster and easier management of documents; lower compliance and security risks; a higher level of service to end users; and environmental benefits.
"This partnership represents an opportunity to transform the way enterprise print environments are managed," said Anant Gupta, president, HCL Technologies Infrastructure Services Division. "With the collaborative efforts of two market leaders we will create new, value-added solutions that will drive additional efficiencies throughout the office setting."
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I find this very interesting. Can you see the pattern?
EDS and Xerox had a relationship until HP bought EDS. HP has direct inroads to IT departments. Leveraging this position into MPS opportunities.
And now, on the surface, it looks like Xerox may be trying to chip away at MPS engagements via the IT department -
until I looked at HCL.
Off their site, "...HCL focuses on 'transformational outsourcing', underlined by innovation and value creation, and offers integrated portfolio of services including software-led IT solutions, remote infrastructure management, engineering and R&D services and BPO..."
"Transformational outsourcing"? The definition, here.
So, let me get this straight - HCL is a "transformational outsourcer" from India...right...ok...sure...
I guess we may need to wait and see on this one.
P.S. - Here is a post by Vineet Nayar, the CEO of HCL about Leadership - it's a good read.
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