HCL Technologies and Harris Geospatial Solutions Partner to Deliver Advanced Analytics Solutions for the Utility Industry

Technology will leverage UAS and other forms of remote sensing data
to automate key utility operations

SUNNYVALE, Calif. & BROOMFIELD, Colo.–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/AI?src=hash” target=”_blank”gt;#AIlt;/agt;–HCL
Technologies (HCL)
, a leading global technology company, has
partnered with Harris Geospatial Solutions Inc., a subsidiary of Harris
Corporation (HRS), to provide an AI-driven, remote sensing data
analytics system for its utilities customers. The system will allow
utilities to have a more active, controlled view of information through
the use of remote sensing systems, which includes Unmanned Aircraft
Systems (UAS), manned aircraft, and space-borne data sources. Using a
form of artificial-intelligence (AI) technology, the system will analyze
data to automatically assess asset conditions and flow derived insights
to critical asset operations such as work management, asset performance
monitoring, and geographical information systems (GIS).

“The utilities industry is poised for a continual and rapid
transformation, given the proliferation of technology,” said Ajay Bahl,
Executive Vice President, HCL Technologies. “In this environment,
digital innovation will become a driver of productivity and efficiency
as well as a competitive differentiator. We are pleased to partner with
Harris Corporation to deliver a system that will support this growth and
innovation.”

“Harris Corporation is committed to meeting the emerging needs of the
utility industry as market demand increases,” said Erik Arvesen, Vice
President & General Manager of Geospatial Solutions at Harris
Corporation. “Working in partnership with HCL provides a powerful
combination of analytics technology leadership from Harris with HCL’s
proven record of delivering digital technology transformation to the
industry.”

This launch comes as utilities companies are increasing the use of
technologies such as artificial intelligence (AI) to improve operations
and productivity. At the same time, the demand for services will
increase, making the rapid deployment of services and network analysis
critical. According to market research firm Million Insights, the global
digital utility market
is estimated to reach US$299.1 Billion by the year 2025.

About Harris Corporation

Harris Corporation is a leading technology innovator, solving customers’
toughest mission-critical challenges by providing solutions that
connect, inform and protect. Harris supports government and commercial
customers in more than 100 countries and has approximately $6 billion in
annual revenue. The company is organized into three business segments:
Communication Systems, Electronic Systems, and Space and Intelligence
Systems. Learn more at www.harris.com.

About HCL Technologies

HCL Technologies (HCL) is a leading global technology company that helps
global enterprises re–imagine and transform their businesses through
Digital technology transformation. HCL operates out of 44 countries and
has consolidated revenues of US$ 8.4 billion, for 12 Months ended 31st
December, 2018. HCL focuses on providing an integrated portfolio of
services underlined by its Mode 1–2–3 growth strategy. Mode 1
encompasses the core services in the areas of Applications,
Infrastructure, BPO and Engineering & R&D services, leveraging DRYiCETM Autonomics
to transform clients’ business and IT landscape, making them ‘lean’ and
‘agile’. Mode 2 focuses on experience–centric and outcome–oriented
integrated offerings of Digital & Analytics, IoT WoRKS™, Cloud Native
Services and Cybersecurity & GRC services to drive business outcomes and
enable enterprise digitalization. Mode 3 strategy is ecosystem–driven,
creating innovative IP–partnerships to build products and platforms
business. HCL leverages its global network of integrated co-innovation
labs and global delivery capabilities to provide holistic multi–service
delivery in key industry verticals including Financial Services,
Manufacturing, Telecommunications, Media, Publishing, Entertainment,
Retail & CPG, Life Sciences & Healthcare, Oil & Gas, Energy & Utilities,
Travel, Transportation & Logistics and Government. With 132,328
professionals from diverse nationalities, HCL focuses on creating real
value for customers by taking ‘Relationships Beyond the Contract’. For
more information, please visit www.hcltech.com

Forward–looking Statements

Certain statements in this release are forward-looking statements, which
involve a number of risks, uncertainties, assumptions and other factors
that could cause actual results to differ materially from those in such
forward-looking statements. All statements, other than statements of
historical fact are statements that could be deemed forward-looking
statements, including but not limited to the statements containing the
words ‘planned’, ‘expects’, ‘believes’,’ strategy’, ‘opportunity’,
‘anticipates’, ‘hopes’ or other similar words. The risks and
uncertainties relating to these statements include, but are not limited
to, risks and uncertainties regarding impact of pending regulatory
proceedings, fluctuations in earnings, our ability to manage growth,
intense competition in IT services, business process outsourcing and
consulting services including those factors which may affect our cost
advantage, wage increases in India, customer acceptances of our
services, products and fee structures, our ability to attract and retain
highly skilled professionals, our ability to integrate acquired assets
in a cost-effective and timely manner, time and cost overruns on
fixed-price, fixed-timeframe contracts, client concentration,
restrictions on immigration, our ability to manage our international
operations, reduced demand for technology in our key focus areas,
disruptions in telecommunication networks, our ability to successfully
complete and integrate potential acquisitions, the success of our brand
development efforts, liability for damages on our service contracts, the
success of the companies /entities in which we have made strategic
investments, withdrawal of governmental fiscal incentives, political
instability, legal restrictions on raising capital or acquiring
companies outside India, and unauthorized use of our intellectual
property, other risks, uncertainties and general economic conditions
affecting our industry. There can be no assurance that the
forward-looking statements made herein will prove to be accurate, and
issuance of such forward-looking statements should not be regarded as a
representation by the Company, or any other person, that the objective
and plans of the Company will be achieved. All forward-looking
statements made herein are based on information presently available to
the Management of the Company and the Company does not undertake to
update any forward-looking statement that may be made from time to time
by or on behalf of the Company.

Contacts

Anne Coyle
HCL Technologies
[email protected]

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