Company type | Wholly owned subsidiary |
---|---|
Industry | Consulting |
Founded | 1994 |
Headquarters | Egham, Surrey |
Key people | C Vijayakumar, President & CEO - HCL Technologies Stephen Cardell, President - HCL AXON |
Parent | HCL Technologies |
Website | www.hcltech.com |
HCL AXON is a UK-based consultancy which sells its services to customers using SAP and Oracle as their Enterprise Resource Planning (ERP) system modeling tools. Previously listed on the London Stock Exchange, and a FTSE 250 Index constituent, the company has been a subsidiary of Indian outsourcing firm HCL Technologies since December 2008, after the reverse merger of Axon Group and HCL SAP practice.
The company was founded by Mark Hunter, Donald Kirkwood and Paul Manweiler in 1994. It acquired Feanix in 2005. [1] In August 2008 Infosys Technologies offered £407m to acquire the business. This offer was subsequently beaten by a rival offer for £441m by HCL Technologies. [2] The acquisition by HCL was completed in December 2008. [3] [4]
On 7 September 2005, HCL Axon expanded its operations base in the counties of Armagh and Belfast in Northern Ireland. At the 2006 UK Trade and Investment India Business Awards in New Delhi, then Tony Blair, Prime Minister of the United Kingdom announced the expansion, which is aimed at creating more IT and BPO jobs in the area. HCL Armagh and HCL Northern Ireland acquired the Armagh-based Answerall Direct earlier in 2005. [5] HCL BPO services in Ireland are carried out through its main delivery centers in Armagh and Belfast. [6]
On 17 July 2009 HCL AXON announced the acquisition of South Africa based UCS Group's Enterprise Solutions SAP practice. [7]
On 1 July 2010, HCL AXON became the Enterprise Application Services part of HCL Technologies, incorporating SAP, Oracle, and Microsoft offerings. [8] In November 2011, after HCL revealed an expansion plan in the Irish Republic county of Kilkenny, its Business Process Outsourcing (BPO) division in Northern Ireland won a contract for back-office services from the Department of Health. It was aimed at increasing the number of jobs and other employment opportunities in the region. [9]
Oracle Corporation is an American multinational computer technology company headquartered in Austin, Texas, United States. In 2020, Oracle was the third-largest software company in the world by revenue and market capitalization. In 2023, the company’s seat in Forbes Global 2000 was 80. The company sells database software and cloud computing. Oracle's core application software is a suite of enterprise software products, such as enterprise resource planning (ERP) software, human capital management (HCM) software, customer relationship management (CRM) software, enterprise performance management (EPM) software, Customer Experience Commerce(CX Commerce) and supply chain management (SCM) software.
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Dalian Software Park, also called DLSP, is an industrial zone, created in 1998 in the western suburbs of Dalian City, Liaoning Province, China, where many of the world's large and medium-sized IT-related companies have set up shop to do software development and information services. It is part of Dalian Hi-tech Zone in the broader sense. While American and European companies typically have gone to Bangalore and other cities in India because of the English language capability, Japanese companies have gone to Dalian and other cities in China due to the Japanese language capability.
The information technology (I.T.) industry in India comprises information technology services and business process outsourcing. The share of the IT-BPM sector in the GDP of India is 7.4% in FY 2022. The IT and BPM industries' revenue is estimated at US$ 245 billion in FY 2023. The domestic revenue of the IT industry is estimated at $51 billion, and export revenue is estimated at $194 billion in FY 2023. The IT–BPM sector overall employs 5.4 million people as of March 2023. In December 2022, Union Minister of State for Electronics and IT Rajeev Chandrasekhar, in a written reply to a question in Rajya Sabha informed that IT units registered with state-run Software Technology Parks of India (STPI) and Special Economic Zones have exported software worth Rs 11.59 lakh crore in 2021–22.
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