According to Simonas Krėpšta, Chief Adviser to the President of the Republic of Lithuania on Economic and Social Policy, companies creating innovation and high added value are making a significant contribution to the development of the digital economy and socially responsible business culture in Lithuania.
“Financial technology and service companies have already become the cause of pride in Lithuania, so we are pleased and appreciate the investments made by international companies such as HCL in our country”, S. Krėpšta says.
With a worldwide network of innovation labs and delivery centers, HCL empowers enterprises with technology for the next decade today. Located in the capital city of Vilnius, Lithuania hosts one the largest HCL technology hubs in the European region, providing end-to-end infrastructure and application development management services to its nearshore clients. HCL employs more than 10,000 people in Europe, serving over 200 clients, and has been present in Lithuania since 2016, where its growing employee base currently numbers about 500 employees.
“As part of our business and development strategy we plan to significantly invest in Lithuania,” said Sudip Lahiri, SVP and Head of Financial Services, Europe, HCL Technologies. “Lithuania is a country rich in talent and is strategically well positioned within the European Union, with strong connections and partnerships with nearshore Nordic countries. The opening of our new offices in Vilnius marks a significant milestone in our ongoing commitment to the region to help our clients play an even bigger part in the nation's growth and innovation agenda.”
Mantas Katinas, Managing Director of Invest Lithuania said, “Lithuania presents multi-national companies with access to a highly-skilled talent pool and many partner opportunities. I’m delighted to see an exciting next generation technology company such as HCL, choosing Lithuania as a key European hub.”
This next phase of growth will see the company invest in attracting specialist talent to develop local capabilities in the areas of infrastructure automation, blockchain and other emerging digital technologies. HCL plans to build an ecosystem of partners to foster further collaboration and growth. This will involve partnering with local universities, local and international clients, leading fintech companies, and Invest Lithuania.
About HCL Technologies
HCL Technologies (HCL) empowers global enterprises with technology for the next decade today. HCL’s Mode 1-2-3 strategy, through its deep-domain industry expertise, customer-centricity and entrepreneurial culture of ideapreneurship™ enables businesses to transform into next-gen enterprises.
HCL offers its services and products through three lines of business - IT and Business Services (ITBS), Engineering and R&D Services (ERS), and Products & Platforms (P&P). ITBS enables global enterprises to transform their businesses through offerings in areas of Applications, Infrastructure, Digital Process Operations, and next generation digital transformation solutions. ERS offers engineering services and solutions in all aspects of product development and platform engineering while under P&P. HCL provides modernized software products to global clients for their technology and industry-specific requirements. Through its cutting-edge co-innovation labs, global delivery capabilities, and broad global network, HCL delivers holistic services in various industry verticals, categorized under Financial Services, Manufacturing, Technology & Services, Telecom & Media, Retail & CPG, Life Sciences, and Healthcare and Public Services.
As a leading global technology company, HCL takes pride in its diversity, social responsibility, sustainability, and education initiatives. As of 12 months ending on September 30, 2019, HCL has a consolidated revenue of US$ 9.3 billion and its 147,123 ideapreneurs operate out of 44 countries. For more information, visit www.hcltech.com
