HCL Technologies will hold a meeting of the Board of Directors of the Company on 22 April 2025.Powered by Capital Market - Live News

HCL Technologies (HCLTech) and Western Union announced a strategic partnership to drive innovation and transformation in the financial services industry. The strategic partnership establishes HCLTech as Western Union`s largest preferred partner as they collaborate to: (i)  Transition to a platform operating model: Western Union will leverage HCLTech`s AI-powered solutions, FENIXAI and AI Force, to accelerate Western Union`s transition to a platform-centric operating model, enabling greater agility and scalability. (ii) Accelerate platform and channel transformation: Western Union will harness HCLTech`s cutting-edge digital, cloud, and AI solutions to enhance platform and channel capabilities, delivering seamless and innovative customer experiences. HCLTech will support data driven decision making and increased resilience through enterprise-wide infrastructure transformation. (iii) Leverage expertise in digital engineering: HCLTech`s proven track record in digital engineering will accelerate Western Union`s work to reimagine its technology landscape, implement full stack observability and automation, increase efficiency through AI-assisted methods, and ensure robust and future-ready solutions. (iv) Expand technology footprint in India: Western Union, in collaboration with HCLTech, will establish an advanced technology center in Hyderabad, India. This will further enhance Western Union`s global technology capabilities and create new opportunities for innovation and talent development.C Vijayakumar, CEO and Managing Director of HCLTech, said, This strategic partnership emphasizes our focus on empowering fintech companies through digital engineering led transformation and creating exceptional value for their stakeholders. We remain deeply committed to Western Union`s growth journey through innovative solutions that deliver real business outcomes.� Powered by Capital Market - Live News

HCL Technologies (HCLTech) announced the launch of HCLTech FlexSpace for AI PCs in collaboration with Intel�. This innovative solution enhances AI-powered enterprise computers, offering businesses the computing power and flexibility needed for AI-driven environments. By integrating HCLTech FlexSpace, an Experience-as-a-Service digital workplace solution, with Intel� Core� Ultra processors, enterprises can perform AI tasks locally on devices, ensuring faster and more secure processing. This reduces the need for data transfers to remote servers, minimizing data breach risks. FlexSpace significantly improves the performance of advanced AI platforms, enabling faster, more responsive interactions and superior data processing for applications like Microsoft Co Pilot. With HCLTech AI Force and Edge AI, enterprises benefit from rapid data processing and real-time analytics, providing actionable insights. Additionally, AI of Things (AIoT) applications experience reduced latency and improved performance.Powered by Capital Market - Live News

HCL Technologies (HCLTech) announced a collaboration with ChargePoint, a leading provider of networked charging solutions for electric vehicles (EVs), to accelerate innovation in EV charging software. HCLTech has established an advanced research and development center for ChargePoint in Bengaluru, India. The center was inaugurated today by leadership from both companies and serves as a central hub for ChargePoint`s software development efforts in India. It willleverage HCLTech`s engineering capabilities by way of an agile, product-focused operating model, to help ChargePoint deliver scalable and customizable EV charging experiences.Powered by Capital Market - Live News

HCL Technologies (HCLTech) and Microsoft, have partnered with Cricket Australia (CA) to leverage generative AI (GenAI) to enhance the way fans experience live matches via the Cricket Australia Live app. The app`s new AI Insights matchday companion feature provides fans with a regular feed of text-based updates as matches progress. The feature uses AI rooted in a deep understanding of cricket to identify key narratives, player performances and notable milestones that go beyond the live scores and commentary, giving new context and insight to what is happening on the field. The AI Insights matchday companion launches today at the Day-Night Test at the Melbourne Cricket Ground (MCG) during the CommBank Women`s Ashes series between Australia and England. This innovative feature is now accessible to all users of the Cricket Australia Live App worldwide.�By harnessing the power of GenAI, we have the ability to reimagine the way fans engage with sport,� said Sonia Eland, Executive Vice President and Country Manager, Australia and New Zealand, HCLTech. �HCLTech has partnered with Cricket Australia for several years through our long-term role as the sport`s Official Digital Technology Partner, but our collaboration with Microsoft will further enhance the digital experience. Ultimately, our goal is to bring cricket fans even closer to the action.� Cricket Australia has leveraged Microsoft`s Azure Open AI Service as well as HCLTech`s frontend and API development support to create a more accessible match day AI companion for cricket fans. Powered by Capital Market - Live News