HCL Technologies (HCL) on Thursday said it has been selected by Volvo Cars for an end-to-end IT services deal, including driving its digital transformation programme at the luxury car manufacturer.
Volvo Cars is a subsidiary of the Chinese automotive company Geely. It is headquartered in Sweden.
Begun in 2016, the collaboration between the two organizations is expanding to include several aspects of digital transformation including product orientation, DevOps and application integration. DevOps is an approach to automate the processes between software development and IT teams.
HCL Technologies share traded 1% lower at ₹1,091 on the BSE in today’s trade. This is even as the broader benchmark index, the BSE Sensex, was almost 1% up 38,937.04.
As part of the agreement, HCL supports the global premium car company in its ongoing digital transformation initiatives. This large-scale transformation program includes organization-wide technology shifts that will help Volvo Cars to capitalize on new opportunities to improve internal business processes and customer experiences.
The digital transformational roadmap that HCL and Volvo Cars have defined includes steps to establish an agile and product-oriented organization. These initiatives will enable Volvo Cars to solve business complexity efficiently and achieve faster time-to-market, as well as leveraging the strength of mobility, subscription-based services, electrification and autonomous driving.