HCL Technologies enters into 5-year strategic partnership with The Mosaic Company

The leading global technology company, HCL Technologies (HCL) today announced a five-year global agreement to provide digital transformation & managed services to The Mosaic Company, a Fortune-500 company as well as the largest US producer of phosphate & potash.   

As part of the agreement, HCL will manage and transform Mosaic’s global application and infrastructure environments to enhance the company’s agility & ability to drive growth in the marketplace. HCL will deploy a scaled Agile/DevSecOps delivery model across North America and South America to deliver process-led transformative services across applications, infrastructure & business analytics environments.  

This partnership with Mosaic capitalises on HCL’s strong focus on the agriculture business, mining, and chemical segments. In addition, Mosaic will benefit from HCL’s presence in the Latin American market, where the company will be able to execute on go-to-market models for different segments, including B2B and B2C firms.  

At 2.40 pm on Friday, the stock of HCL Technologies Limited was trading at Rs 976.80, down by marginally 0.01 per cent or 0.10 per share as against a 0.31 per cent decline in the benchmark index.  The 52-week high and the 52-week low of the scrip were recorded at Rs 1,073.55 and Rs 574.00, respectively on BSE.