View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
November 19, 2009

HCL opens new global development centre in Brazil

To service client base in Latin America, North America and Europe

By CBR Staff Writer

HCL Technologies has opened new global IT development centre in Sao Leopoldo, Brazil, which will offer a range of services including enterprise application services, custom applications development and maintenance, and remote infrastructure management to clients primarily in Latin America, North America and Europe.

Shami Khorana, president of HCL America, said: Brazil offers the perfect balance of cost savings and talent base that allows HCL to serve clients not only in this fast-growing region, but also in the US and Europe. In addition there is tremendous potential in Latin America and we view Brazil as our beachhead for the region.

The company expects to hire over 300 engineers to work at the centre by 2010. With this centre, HCL plans to service its clients and prospects in the financial services, insurance, healthcare/pharmaceutical, public sector and manufacturing industries.

HCL said that the plan for the development centre was also influenced by the growing economy and increasing demand forecasted for IT services in the region.

According to IDC, spending in IT services activities in Latin America will be more than $20 billion in 2009 and will grow to more than $25 billion in 2012. Brazil accounts for more than 40% of the overall IT spending in Latin America.

Mr Khorana added: “HCL’s operation in Brazil is the first in a series of locations we will establish in Latin America to help HCL provide superior service and delivery to our local and global clients from the geography they desire.

Content from our partners
Sherif Tawfik: The Middle East and Africa are ready to lead on the climate
What to look for in a modern ERP system
How tech leaders can keep energy costs down and meet efficiency goals

Topics in this article :
Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU