Last week (Sept. 11, 2012), during the GIL (Growth Innovation and Leadership) event in San Jose, California, we had the great fortune to participate and present the Frost & Sullivan and HCL Engineering Excellence Awards to our customers. The Award recognizes best practices and industry leading performance in technology innovation, new product launch and engineering operations. It certainly was a great honor for us to recognize the industry leaders in these categories. At HCL, we take immense pride in collaborating with customers who clearly demonstrate leadership in growth and transformation by continuously driving product and engineering excellence.
High-impact engineering partnerships create significant business momentum through improved product launch and market acceleration, and drive substantial value through both innovation and operations, while deploying cutting-edge and disruptive technologies to create uniqueness and differentiation.
Global R&D is being distributed and decentralized, giving rise to an open network innovation model spread across continents. This not only facilitates leveraging of country, region or partner-specific strengths, but also ensures the best ROI and idea generation for collaborative product development. As an engineering and R&D partner for some of the most respected global brands, we collaborate in creating many innovative products and platforms across industries and technologies. These intense engineering and product programs call for extremely rigorous and mature processes, and effective customer-partner collaboration across all phases of the product development and life-cycle management.
Innovative and market-leading companies continuously drive technology innovation, leverage it in introducing new products and maintain a strong focus on engineering operations. We trust these are some of the most important attributes for great technology companies, and partnering with our customers to help them achieve these objectives is the cornerstone for our relationship with them.
Our Heartiest Congratulations to Meggitt, Symantec and Cisco, the recipients of Frost & Sullivan and HCL Engineering Excellence Awards 2012.