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Showing posts with the label Steve Pratt|Steve Cardell| ; A|Lodestone|Infosys|HCL Technologies|Enterprise Resource Planning|Axon Freshers Are Better than Laterals

Steve of Infosys or HCL ?

In 2008, HCL Technologies acquired UK-based consulting firm Axon, in what was the largest acquisition by an Indian IT company. HCL Axon President Steve Cardell, who was earlier the Axon CEO before the deal, talks to Piyali Mandal about how the move paid off for HCL, with the business line now contributing about 22 per cent to HCL’s overall revenue and helping it to bag more deals. Excerpts: Now that integration issues are behind you, how is HCL Axon doing? The Enterprise Application Services (EAS) line of business is now contributing 22 per cent towards HCL’s total revenue. If you look at the last four quarters, we have pretty much grown at the company average. We have grown at 7.6 per cent in the last four quarters. The company has grown at 7.5 per cent. So, we are right in the middle of the road in terms of growth of the EAS which is essentially SAP, Oracle, Microsoft and consulting services. If you compare that to how many of our competitors are doing, you will see that we ar