HCLTech has been recognized as a Leader in Everest Group’s inaugural Product Lifecycle Management (PLM) Services PEAK Matrix® Assessment 2026. The report highlighted HCLTech’s expertise in modernizing product development and managing complex PLM transformation programs for manufacturers. Its strengths include deep PLM expertise, responsive support, and aligning capabilities with business processes, contributing to its leading position.
HCLTech Named Leader in Everest Group’s PLM Services PEAK Matrix® 2026
HCLTech, a leading global technology company, has been acknowledged as a Leader in Everest Group’s inaugural Product Lifecycle Management (PLM) Services PEAK Matrix® Assessment 2026. This recognition underscores HCLTech’s significant contributions and capabilities within the PLM services sector.
Key Strengths Highlighted
The Everest Group assessment recognized HCLTech for its ability to assist manufacturers and engineering-driven enterprises in modernizing product development and managing intricate PLM transformation initiatives. The report specifically praised HCLTech’s expertise in delivering lifecycle transformation services that enhance visibility, traceability, and collaboration across the product ecosystem.
Nishant Udupa, Vice President at Everest Group, noted, “HCLTech demonstrates strong traction across emerging PLM themes, including cloud PLM, supply chain traceability, MBSE, multi-enterprise integration, AI-enabled lifecycle services, and digital thread and digital twin enablement. Its portfolio of reusable assets across AI-led lifecycle transformation, test automation, MBSE, and platform migration and modernization, further differentiates its proposition.”
Clients reportedly appreciate HCLTech for its deep PLM expertise, responsive support, and its ability to effectively align PLM capabilities with critical business processes. These strengths were cited as key factors contributing to HCLTech’s emerging leadership position in the assessment.
Driving Intelligent Engineering Enterprises
Hari Sadarahalli, Corporate Vice President and Head of Engineering and R&D Services at HCLTech, commented on the achievement: “As products become increasingly software-defined, connected and AI-driven, engineering organizations need more than modern tools. They need a unified digital foundation that enables faster decisions, seamless collaboration and continuous innovation across the product lifecycle. By combining five decades of engineering leadership with deep domain expertise and AI-led innovation, HCLTech is helping clients build intelligent engineering enterprises that accelerate growth, strengthen resilience and create lasting business value.”
About HCLTech
HCLTech is a global technology company with over 223,000 employees across 60 countries. It offers industry-leading capabilities in AI, digital, engineering, cloud, and software. As of the 12 months ending June 2026, the company’s consolidated revenues totaled $14.8 billion.
Source: BSE
