HCL Opens New Global IT Development Center in Sao Leopoldo, Brazil
IT News Online Staff
2009-11-23
HCL Technologies Ltd. announced that it has opened a new Global IT Development Center in Sao Leopoldo, Brazil, expanding its global footprint.
This center compliments HCL's operations in Sao Paulo and 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. The company expects to hire over 300 engineers to work at the center by 2012.
HCL said that with this center, it will service a growing number of HCL clients and prospects in the Financial Services, Insurance, Healthcare/Pharmaceutical, Public sector and Manufacturing industries. The plan for the development center was also influenced by the strong, growing economy and rapidly increasing demand forecasted for IT services in this 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 is the leading country in IT services spending in Latin America, accounting for more than 40% of the overall IT spending in the region.
"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 U.S. and Europe," said Dr. Shami Khorana, president, HCL America Inc. "In addition there is tremendous potential in Latin America and we view Brazil as our beachhead for the region. 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."
HCL has already started servicing several new customers in Brazil, including a leading global pharmaceutical major, a global publishing company, a large telecom infrastructure company and a top local retailer and has nearly 100 engineers across Brazil.
Alessandro Teixeira, president of APEX - Brazilian Trade and Investment Promotion Agency, said, "HCL's start of operations in Brazil is a great milestone for our IT industry. The presence of a company that is a world reference in IT, strengthens Brazilian IT industry gains and makes even more solid the foundation for the ongoing growth of a sector, which is essential to technological development. Furthermore, it is an acknowledgment of the excellence of Brazilian companies and professionals already working in the sector."
The company has also recently expanded its local sales teams in Sao Paulo and in Southern Brazil. In addition, as it has done in the U.S. with its North Carolina and New Jersey centers, HCL will rely on local hires to lead its growth and staff client projects, thus creating jobs for the local communities.
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