HCL & Google Cloud to expand strategic partnership
HCL Technologies (HCL) & Google Cloud made an announcement on Wednesday regarding the expansion of their strategic partnership to bring HCL’s Actian portfolio, starting with Actian Avalanche, to Google Cloud.
Actian Avalanche is a high-performance hybrid cloud data warehouse designed to power an enterprise’s most demanding operational analytics workloads. It enables a seamless path to migrate legacy data warehouses, including IBM Netezza and Oracle Exadata, to Google Cloud, through a hybrid-cloud offering leveraging Google Cloud’s Anthos application platform.
Bringing Actian Avalanche to Google Cloud would enable enterprise customers to leverage the platform’s scalable, high-performance infrastructure, and global network. Avalanche also features native integration with Google Cloud’s Looker Business Intelligence (BI) & Analytics Platform, and hundreds of popular SaaS and enterprise applications, to deliver a comprehensive solution that is easy to deploy and consume.
Earlier on September 14, the company in a press release also hinted at better September quarter results. It expects revenue growth for the quarter to be in excess of 3.5 per cent QoQ in constant currency terms. It also added that it could achieve EBIT per cent of around 20.5 per cent to 21 per cent.
At 9:15 am on Thursday, the stock opened at 791.60, up by Rs 2.25 per share. Its 52-week high is 810.35, while the 52-week low is 375.50 on BSE.