HCL Technologies has signed a five-year digital transformation agreement with US-based MKS Instruments to increase performance, efficiency, and speed to market. HCL said in a regulatory filing to the stock exchanges that it will assist MKS Instruments’ digital and cloud-enabled transformation through AI/ML-led automation, increased user experience with end-to-end Infrastructure services, digital workplace services, and IT transformation.
“We are excited to partner with MKS to deliver a technology-driven approach to fulfill its business goals and digital transformation roadmap,” Ajay Bahl, Executive Vice President, HCL Technologies, said.
MKS Instruments comes up with Instruments, systems, subsystems, and solutions for sophisticated manufacturing processes.
Employees at MKS Instruments in nearly 60 countries will benefit from HCL’s huge network of global delivery centres and a broad range of technological solutions, including cutting-edge AI and automation frameworks and tools.
HCL Technologies signed a strategic relationship with Hancom Inc last week, on September 15, to exchange sophisticated software technology solutions and expand into the South Korean and Taiwanese markets.
In a flat market, HCL Tech shares were trading higher by 1% at Rs 1288 at 10:50 a.m. So far, the stock has traded at a low of Rs 1,276 and a high of Rs 1,315 intraday.