HCLTech, a prominent global technology company, and the Swedish manufacturing leader, Husqvarna Group, have announced the extension of their strategic IT and digital transformation partnership. This collaboration marks a significant milestone for HCLTech, being the first major global IT contract from an India-headquartered technology company to achieve Vested certification.

First Vested Certified Global IT Contract for an Indian Company

The Vested approach, derived from the University of Tennessee’s Haslam College of Business Administration’s award-winning research, aims to foster innovation-rich environments. It focuses on enhancing service quality, reducing costs, and unlocking substantial business value for all parties involved in the contract. Vested contracts are renowned for creating collaborative business relationships, an aspect central to this extended partnership.

Leveraging AI and Digital Solutions for Enhanced IT Services

Under this new five-year agreement, HCLTech will utilize its expertise in AI, digital, engineering, and support services. The goal is to bolster the resilience and stability of Husqvarna Group’s IT environments. This will be achieved through hyper-personalized, adaptive, AI-based solutions, and a collaborative governance framework, setting a new benchmark in IT service delivery.

Collaborative and Transparent Partnership Model

Robert Hafredal, Group CIO of Husqvarna Group, expressed enthusiasm about formalizing the partnership with HCLTech as their strategic Vested IT partner. He highlighted the co-created unique governance model aimed at accelerating technology development and creating customer value. Pankaj Tagra, Corporate Vice President – Europe and Africa at HCLTech, echoed this sentiment, emphasizing the transparent and incentive-driven model of the partnership, which is expected to foster joint growth.

Transforming Husqvarna Group’s Technology Landscape

For Husqvarna Group, a global leader in outdoor power products, watering products, cutting equipment, and power tools, this Vested® deal with HCLTech signifies a leap towards transformative and sustainable programs. This partnership exemplifies HCLTech’s adaptability and innovation in creating relevant business models, marking a new chapter in relationship maturity between the two companies.

  HCLTech, Husqvarna Group, Pankaj Tagra, Robert Hafredal