HCL Technologies, a leading global IT services provider, has announced a significant expansion of its smart grid partner ecosystem by forging strategic alliances with two leading data management software firms focused on the smart grid market “eMeter” and “Tridium”. The creation of smart grids includes the modernization and digitization of aging power grids.
These partnerships enable the integration of real-time data management and analytical software with the company’s comprehensive suite of services to help utilities transform their existing infrastructure from traditional power grids to smart grids more efficiently. Additionally, the partnerships will further accelerate the company’s strategy to become an end-to-end integration services provider to the utilities companies.
The company reported net profit of Rs 285.97 crore for the quarter ended December 31, 2010 as compared to Rs 255.44 crore for the quarter ended December 31, 2009, up by 11.95%. Its total income also increased by 34.02% from Rs 1,259.22 crore for the December quarter last year to Rs 1,687.59 crore for the quarter under review
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