HCL Technologies (HCL), a global technology company, will acquire, through its wholly-owned subsidiary, a Bengaluru-based Quest Informatics Private Limited (Quest) – an aftermarket, Industry 4.0 and IoT company, in an all-cash deal.
Quest currently serves more than 40 global leaders in the aftermarket space with its cloud-enabled aftermarket ERP, field services management, and digital parts catalog product suites. Aftermarket digital spending is one of the fast-growing segments in the transportation and manufacturing industries.
“Quest will help expand HCL Technologies’ Industry 4.0 offerings into the fast-growing aftermarket space. Quest’s suite of aftermarket solutions and products will be valuable to transportation and manufacturing clients globally in their digital transformation journey,” said Sukamal Banerjee, Corporate Vice President, Industry Software Division and IoT WoRKS™, HCL Technologies. “Additionally, Quest’s existing customers will benefit through HCL Technologies’ scale, reach and R&D prowess.”
“HCL Technologies’ global reach and expertise combined with Quest Informatics’ deep domain knowledge will help accelerate product innovation and drive a global reach for continued growth. The acquisition will create synergies and enable meaningful engagements with customers in the end-to-end digital aftermarket space,” said Rudresh Basavarajappa, CEO & Chairman, Quest Informatics Private Limited.
Quest Informatics is a company specializing in the aftermarket domain. It helps clients transform their aftermarket operations and their customer experience, revamp their legacy business models to stay relevant and competitive in the digital era.
It has one of the best-of-breed aftermarket products for diverse industrial applications. which may be deployed on-premise or Cloud, Mobile, or other Devices and interface with legacy systems. With more than two decades of aftermarket experience, Quest Informatics brings unmatched experience.
HCL Technologies (HCL) empowers global enterprises with technology for the next decade, today. HCL’s Mode 1-2-3 strategy, based on its deep-domain industry expertise, customer-centricity and entrepreneurial culture of Ideapreneurship™, enables businesses to transform into next-gen enterprises.
HCL offers its services and products through three business units: IT and Business Services (ITBS), Engineering and R&D Services (ERS) and Products & Platforms (P&P). ITBS enables global enterprises to transform their businesses through offerings in the areas of applications, infrastructure, digital process operations and next generational digital transformation solutions.
