HCL Technologies Ltd. announced the official opening of a new world-class, 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.
With this center HCL 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 US $20B in 2009 and will grow to more than US $25B+ in 2012. Brazil is the leading country in IT services spending in Latin America, accounting for more than 40 percent 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. a wholly owned subsidiary of HCL.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.
The new development center will be officially opened this evening at an inauguration event attended by HCL employees, executives, customers, prospects and government officials. Serving as the keynote speaker at the event is Alessandro Teixeira, president of APEX - Brazilian Trade and Investment Promotion Agency and one of the founders and a chairman of the Brazilian Agency for Industrial Development(ABDI). Apex played a key role in bringing HCL to Brazil coupled with the strong support provided by State Government of Rio Grande do Sul, Municipality of Sao Leopoldo and Unisinos university.
Commenting on the Inauguration, President of Apex, Alessandro Teixeira 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 US 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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