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IT services firm HCL Technologies today announced the opening of a new office in Toronto, Canada to expand its North American operations.
"North American market constitutes 55 percent of HCL Technologies' global revenues. We are committed to a long-term investment in this country as part of our plans to expand operations in the region," HCL (America) Senior Corporate Vice-President and President Shami Khorana said in a statement.
In Canada, HCL delivers services to 11 of the Global 1,000 clients across various industries under five business lines -- product engineering (R&D), custom applications, enterprise application services, infrastructure management services, and BPO.
"We are confident that this new office will go a long way in helping us extend our globally benchmarked services to Canadian corporations and help us tremendously by addressing issues which need local presence," HCLT ISD Senior Vice President (North America) R Srikrishna said.
With Canada's IT services market expected to grow to $34 billion by 2009 (according to Forrester), HCL is looking at this market as a geography of focus in its global expansion strategy, the statement said.
HCLT ISD is a subsidiary of HCL Technologies and provides infrastructure solutions.
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