HCLTech Named Leader in Everest Group's Application Transformation Services for AI-Enablement PEAK Matrix 2025
NEW YORK and NOIDA, India, April 27, 2026 – HCLTech, a global technology company, today announced its positioning as a Leader in the Everest Group Application Transformation Services for AI-enablement PEAK Matrix® Assessment 2025.The assessment highlights HCLTech's strong market impact, vision, and capability, driven by significant investments in AI-focused accelerators, deep cloud ecosystem partnerships, and expanding data engineering and AI-led transformation capabilities. The company enables enterprises to modernize applications and scale automation with AI through solutions such as AI Force and PRIZM. These solutions are built with AWS, Azure, and Google Cloud, and enable automated code transformation, effort estimation, and architecture recommendations.
HCLTech's continued focus on strengthening its AI and data capabilities through targeted acquisitions, including Starschema and Confidante, further enhances its ability to deliver industry-specific, AI-powered transformation programs for global enterprises.
Yugal Joshi, Partner at Everest Group, noted that HCLTech's achievement as a Leader is supported by its engineering-led transformation approach, repeatable frameworks, and AI-powered assets. These resources help enterprises modernize legacy estates, strengthen AI-ready data foundations, and scale transformation initiatives. Joshi also stated that HCLTech's strong ecosystem partnerships reinforce its position as a strong partner for AI-enabled modernization.
Pawan Vadapalli, Corporate Vice President and Global Head, Digital Business Services, HCLTech, stated, "This recognition as a Leader reflects our continued focus on helping clients modernize with speed, confidence and measurable impact. At a time when AI-led engineering, platform operating models and cloud native transformation are reshaping enterprise technology, we remain committed to enabling organizations to build resilient, future ready application landscapes that drive long term growth."
HCLTech is a global technology company serving clients across Financial Services, Manufacturing, Life Sciences and Healthcare, Technology and Services, Semiconductor, Telecom and Media, Retail and CPG, Mobility and Public Services.
As of 12 months ending March 2026, the consolidated revenues totaled $14.7 billion.
HCLTECH Stock Price Movement
Today, HCL Technologies Limited shares rallied by 2.16% to settle at ₹1226.3, closing up ₹26.00 in after-hours trading. The stock showed notable activity, with total traded volume reaching 5.73 million shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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