HCL Technologies and Computer Sciences Corporation (CSC) have inked a partnership to beef up their footprint in the fast-growing cloud and application services markets.
Competitors in the IT services space, the Indian and U.S. vendor will now market each other's products to existing and new clients, and have unveiled AT&T as the first customer win under the alliance. HCL, for instance, will offer CSC's BizCloud to customers.
Revenue and cost will be shared equally between the two partners, which will leverage their existing development centers in Bangalore and Chennai to support and deliver cloud services, said HCL CEO and President Anant Gupta. He added that they will target businesses in the financial services and telecom sectors that are looking to modernize their enterprise apps to operate in a cloud environment.
Gupta said a senior executive will be appointed to head the new alliance.