shiv nadar and hcl 21967

SHIV NADAR and HCLThe Magus

History• Tutocorin ,TamilNadu• an electrical engineer from

Coimbatore • worked with Cooper Engineering as a

systems analyst and as a senior management trainee at DCM in 1968

• Started microcomp with 5 other partners in 1975

• Started hcl in 1976

The beginning……..• Begin with calculators….• Lauch first microcomputer in

1977• Started diversified appl.

Development• Started NIIT in 1981

The Dream• Use the power of

microprocessor to change the world

• 4 bit microcomputer based calculator

The growth

The Hurdles faced……• First they could not import

technology at that time.• In 1980 started far east computers

and had to achieve $1 millions in 5 months….

• In 1984 when clients asked for unix pc they prepare it in 3 weeks.

• The US story in 1990….• Started HP-HCL in 1991

The group started …• Around this time they

started many companies and joint ventures…..

Where they goofed up !• This was when we decided to walk the

software integration road. We created the integration database, much before Intel... but we killed it! We were so naïve, we killed a product line like that!

• They were first in off shoring but still behind infy and wipro, why?

• Whether it’s software, hardware, training, networking, telecom, peripherals or system integration, HCL has an answer for all your IT needs

The consolidation phase• Consolidating 18 group

companies into just three ..• HCL Technologies, HCL

Infosystems, NIIT, HCL Comnet and HCL Perot - 5 out of 18 in 99

• Then only 2 remains…after 2000

stock market looksHcl info Hcl info. Hcl tech.Ipo price 500-580open 72 537High 72 545Low 65 500close 65 513Y’day 162 566Gain % 150 10

The team• Shiv nadar leads from

front • Ajay chaudhary is

incharge of hcl infosystems…

• Rest of partners left by this time