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Time of India
2 days ago
- Business
- Time of India
HCLTech shares in focus after expanding Salesforce partnership for agentic AI
HCLTech shares will be in focus on Friday after the company announced an expanded partnership with cloud major Salesforce to drive enterprise adoption of agentic artificial intelligence ( AI ) solutions. In an exchange filing on Thursday, HCLTech said the partnership aims to accelerate the use of autonomous AI agents via Salesforce Agentforce across industries such as financial services, healthcare, retail, and manufacturing. Also Read: Street Favourite! 10 Nifty micro-cap stocks analysts expect to rally up to 60% Earlier this week, HCLTech also announced a strategic alliance with AMD to support enterprise digital transformation globally. Under the partnership, joint development centres will test advanced technologies and conduct proof-of-concept evaluations to speed up innovation in AI, digital, and cloud solutions . Additionally, the IT firm recently entered into a long-term agreement with European energy major to support its product-based transformation using advanced cloud and AI technologies. As part of the deal, HCLTech will build a new private cloud and manage global cloud and network infrastructure across major hyperscalers. The collaboration will leverage HCLTech's AI Force platform to scale automation and enhance cloud maturity. Also Read: HDB Financial Services IPO: Should you subscribe? Here's what brokerages say HCLTech also secured an engineering services contract with Swedish truck maker Volvo Group. The company will support Volvo's future engineering initiatives from its Automotive Centre of Excellence in Gothenburg, as well as from its global offshore and nearshore delivery centres. Also Read: These 10 multibagger penny stocks surged 200-570% in last 1 year. Do you own any? HCLTech share price target According to Trendlyne data, the average target price for HCLTech is Rs 1,670, suggesting a potential downside of around 3% from current levels. Among the 44 analysts tracking the stock, the consensus rating is 'Hold'. HCLTech shares closed 0.4% higher at Rs 1,723.7 on the BSE in Thursday's trade. While the stock has gained 19% over the past 12 months, it remains down 10% so far this year. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) ETMarkets WhatsApp channel )
Economic Times
2 days ago
- Business
- Economic Times
HCLTech shares in focus after expanding Salesforce partnership for agentic AI
HCLTech shares will be in focus on Friday after the company announced an expanded partnership with cloud major Salesforce to drive enterprise adoption of agentic artificial intelligence (AI) solutions. ADVERTISEMENT In an exchange filing on Thursday, HCLTech said the partnership aims to accelerate the use of autonomous AI agents via Salesforce Agentforce across industries such as financial services, healthcare, retail, and manufacturing. Also Read: Street Favourite! 10 Nifty micro-cap stocks analysts expect to rally up to 60% Earlier this week, HCLTech also announced a strategic alliance with AMD to support enterprise digital transformation globally. Under the partnership, joint development centres will test advanced technologies and conduct proof-of-concept evaluations to speed up innovation in AI, digital, and cloud solutions. Additionally, the IT firm recently entered into a long-term agreement with European energy major to support its product-based transformation using advanced cloud and AI technologies. As part of the deal, HCLTech will build a new private cloud and manage global cloud and network infrastructure across major hyperscalers. The collaboration will leverage HCLTech's AI Force platform to scale automation and enhance cloud maturity. Also Read: HDB Financial Services IPO: Should you subscribe? Here's what brokerages say HCLTech also secured an engineering services contract with Swedish truck maker Volvo Group. The company will support Volvo's future engineering initiatives from its Automotive Centre of Excellence in Gothenburg, as well as from its global offshore and nearshore delivery centres. ADVERTISEMENT Also Read: These 10 multibagger penny stocks surged 200-570% in last 1 year. Do you own any? According to Trendlyne data, the average target price for HCLTech is Rs 1,670, suggesting a potential downside of around 3% from current levels. Among the 44 analysts tracking the stock, the consensus rating is 'Hold'. ADVERTISEMENT HCLTech shares closed 0.4% higher at Rs 1,723.7 on the BSE in Thursday's trade. While the stock has gained 19% over the past 12 months, it remains down 10% so far this year. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
2 days ago
- Business
- Time of India
HCLTech extends partnership with Salesforce for agentic AI adoption
Indian IT bellwether HCLTech has expanded its partnership with cloud computing major Salesforce for enterprise adoption of agentic artificial intelligence (AI) partnership will accelerate enterprises' adoption of autonomous AI agents by Salesforce Agentforce across various industries, including financial services, healthcare, retail and manufacturing, HCLTech said in an exchange filing on Tuesday, HCLTech entered a strategic alliance with AMD to accelerate enterprise digital transformation worldwide through advanced solutions in AI, digital and development centres established under the collaboration will be used to test advanced technologies and conduct proof-of-concept tests to speed up the time-to-market for innovative enterprise this month, HCLTech entered into a long-term partnership with European energy major to support its product-based transformation, using advanced cloud and artificial intelligence (AI) part of the deal, HCLTech will build a new private cloud and manage global cloud and network infrastructure across major partnership aims to help scale automation and boost cloud and network maturity by using advanced tools such as HCLTech's AI Force HCLTech secured an engineering services deal with Swedish truck manufacturer Volvo Group. The IT company will support Volvo Cars ' future engineering goals from its Automotive Centre of Excellence in Gothenburg, along with its global offshore and nearshore delivery shares closed 0.41% higher at Rs 1,723.70 apiece, compared to a 1.21% rise in the benchmark Sensex.
Hans India
19-06-2025
- Business
- Hans India
Just Energy partners with HCLTech for AI-led business transformation
HCLTech, a leading global technology company, announced that it has been selected by Just Energy, a leading US-based energy supply company, to enhance Just Energy's operations and customer experience. HCLTech will leverage its integrated Digital Process Outsourcing solutions suite and GenAI platform AI Force to enhance operational efficiency across Just Energy's IT, finance, analytics, customer care, sales and renewals functions. HCLTech will also deploy digitalCOLLEAGUE, its comprehensive and role-specific single-UI platform and Toscona, its business process optimization suite, to improve workforce collaboration and business process management. "We are confident that HCLTech's proven expertise and commitment to service excellence will help us achieve our key business objectives relating to operational efficiency and service improvements," said Scott Fordham, Chief Operating Officer of Just Energy.
Business Standard
19-06-2025
- Business
- Business Standard
Just energy partners with HCLTech for AI-led business transformation
HCLTech has been selected by Just Energy, a leading US-based energy supply company, to enhance Just Energy's operations and customer experience. HCLTech will leverage its integrated Digital Process Outsourcing solutions suite and GenAI platform AI Force to enhance operational efficiency across Just Energy's IT, finance, analytics, customer care, sales and renewals functions. HCLTech will also deploy digitalCOLLEAGUE, its comprehensive and role-specific single-UI platform and Toscona, its business process optimization suite, to improve workforce collaboration and business process by Capital Market - Live News
