HCLTech, AWS collaborate to develop Gen AI solutions

HCLTech has announced a partnership with Amazon Web Services (AWS) to catalyse the digital evolution of generative artificial intelligence (GenAI)-led enterprises. The Indian IT services firm unveiled this collaboration on May 6 in a regulatory filing.

Under the partnership, the two firms will develop Gen AI-led use cases, proofs of concept, tools, and solutions. HCLTech disclosed in a statement that the collaboration will provide a structural framework to facilitate customised solutions and offer flexible consumption models.

AWS Gen AI services, including Amazon Bedrock, Amazon CodeWhisperer, Amazon SageMaker, and Amazon Titan, will be implemented for enterprises across various industries under this partnership. Leveraging HCL’s comprehensive technology stack, core engineering capabilities, and AI expertise, the alliance aims to enable clients to assess the impact of their investments.

"This strategic collaboration agreement seeks to help enterprises unlock the value of GenAI by empowering them to reshape business models, elevate customer experiences and foster growth. A premier partner with a diverse range of AWS competencies, we are committed to accelerating the widespread adoption of AI to our global client base," said Prabhakar Appana, Senior Vice President and AWS Global Head, HCLTech.

HCLTech recently attained the status of an AWS generative AI competency partner. This recognition underscores the company's ability to complement AWS' advanced Gen AI portfolio with its own innovative solutions tailored to various industries and enterprise functions.

“As we look ahead, global enterprise technology spending will only grow with the adoption of AI. We are well positioned to capitalize on this with our AI-led propositions, Global delivery model, and an ideal mix of technology services and products,” said C Vijayakumar, CEO, HCLTech at the Q4FY24 earnings announcement in April.

The company reported a net profit of ₹3,986 crore for the fourth quarter that ended on March 31, 2024. This is slightly higher than the ₹3,983 crore reported a year ago. The company’s revenue during January-March 2024 stood at ₹28,499 crore, which is 7.11% higher than the ₹26,606 crore reported in the year-ago period.