Post on 03-Dec-2014
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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 500-580
open 72 537
High 72 545
Low 65 500
close 65 513
Y’day 162 566
Gain % 150 10
The team
• Shiv nadar leads from front
• Ajay chaudhary is incharge of hcl infosystems…
• Rest of partners left by this time