shiv nadar and hcl 21967
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HclTRANSCRIPT
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