HCLSoftware is a division of HCL Technologies Limited (HCLTech), that develops and markets enterprise software products. It was formed in July 2019 following HCLTech’s acquisition of a group of products from IBM. HCLSoftware offers software products in business applications, cybersecurity, data analytics, AI operations, and customer experience platforms.[2][3][4]
As of 2025, the company serves over 10,000 organizations, including Fortune 100 and Fortune 500 companies.[5]
History
HCL Technologies, the parent company of HCLSoftware, was founded in 1976 by Shiv Nadar.[6] In July 2019, HCLTech finalized its acquisition of select software products from IBM for a sum of USD 1.8 billion.[7][8] The acquired portfolio included enterprise products, such as, AppScan, BigFix, Commerce, Connections, Digital Experience (formerly Portal and Content Manager), Domino[9] and Notes and Unica.[10]
Following the acquisition, HCLTech created a separate business unit, HCLSoftware, to oversee the portfolio. This division became the ‘Products and Platforms’ (P&P) segment of HCLTech.[11][12]
In the financial year 2024-25, HCLSoftware reported revenue of INR 12,049 crore[13] (approx. USD 1.41 Bn).
Products and offerings
HCLSoftware mainly offers products and services in Business and Industry Applications, Cybersecurity, Data and Analytics, AI and Intelligent Operations, Total Experience, and Sovereign Collaboration, along with some specialized software.[14]
Collaboration and partnership
Since 2019, HCLSoftware has entered into collaborations and partnerships with notable organizations.
IBM: In October 2020, HCLSoftware and IBM announced an extended partnership to help clients accelerate digital transformation by leveraging IBM's hybrid cloud platform and HCL's IT services and migrating mission-critical workloads to the IBM public cloud.[15][16]
Ferrari: In 2022, HCLSoftware entered into a multi-year technology partnership with Scuderia Ferrari, to supply enterprise software, including its low-code platform HCL Volt MX, for Ferrari’s digital operations and corporate compliance.[17][18][19][20]
Google Cloud: In 2023, HCLSoftware entered into a strategic partnership with Google Cloud to integrate Google Cloud's generative artificial intelligence solutions into HCLSoftware products.[21]
European Cricket Network: HCLSoftware entered into a technology and branding partnership with the European Cricket Network (ECN) in 2022. As part of the collaboration, ECN adopted HCL Unica, a cloud-native marketing automation platform, for targeted marketing campaigns and fan engagement.[22][23]
Government of India: In 2024, HCLSoftware entered into a strategic partnership with the Department for Promotion of Industry and Internal Trade (DPIIT) in India to establish the 'Manufacturing Incubation Initiative.'[24] As part of the collaboration, HCLSoftware launched the 'HCL SYNC programme,' to provide international exposure for startups. The program was part of the Government of India’s ‘Make in India’ initiative to support domestic intellectual property development.[25]
Tech Data:Tech Data, a TD SYNNEX company, and HCL Software partnered in April 2025 to distribute HCL Software products in the Asia Pacific and Japan region.[26][27]
Swiss Network in India: In July 2025, HCLSoftware has partnered with the Swiss Network in India to join the Indo-Swiss Innovation Platform, a component of the Indo-Swiss Trade and Economic Partnership Agreement (TEPA).[28]
Product-specific acquisitions
Actian: HCL Technologies and Sumeru Equity Partners acquired Actian Corporation for $330 million. Following the complete acquisition in 2021, Actian was integrated into the HCLSoftware portfolio.[29][30]
Quest Informatics: In July 2022, HCL acquired Quest Informatics,[31] a company specializing in aftermarket digital solutions. The business was then known as HCL Aftermarket Cloud and is now a part of ‘Business & Industry Applications’ portfolio of HCLSoftware.[32]
Zeenea: In September 2024, HCLSoftware completed the acquisition of Zeenea, a French company specializing in data catalog and governance solutions, a transaction, valued at approximately €24 million.[33][34][35]
Awards and recognition
Gartner has included the company in its Magic Quadrants for both Digital Experience Platforms[36] and Digital Employee Experience management tools.[37] In 2023, Forrester identified HCLSoftware as a Strong Performer in its Wave for Static Application Security Testing.[38]
HCL AppScan won the Global InfoSec Awards (2025)[39] in the Application Security category and also received a 2025 Fortress Cybersecurity Award.[40] Constellation Research included HCL Digital Experience in its 2024 Shortlist for Hybrid Content Management Systems,[41] while IDC mentioned the product suite in its 2025 guide to content management system functionalities.[42]
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