HCLTech Expands Partnership with The Standard to Accelerate AI-Driven Digital Transformation

HCLTech and The Standard Forge Stronger Alliance

HCLTech, a global technology leader, has announced an expansion of its partnership with The Standard, a prominent provider of financial protection products and services. This collaboration aims to accelerate The Standard's AI-led transformation and deliver digital-first services at scale 1

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AI-Driven Infrastructure and Services

Source: AIM

The expanded partnership will focus on delivering AI-driven infrastructure and application services to boost efficiency, support rapid growth, and enhance customer experience. HCLTech's GenAI-led service transformation platform, AI Force, along with digital engineering and cloud services, will play a crucial role in supporting The Standard's commitment to exceptional customer service in the delivery of workplace benefits 2

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Digital Transformation Goals

This collaboration will accelerate The Standard's shift to an IT products and services-based operating model, enabling greater agility, customer value, and progress toward the company's long-term digital transformation goals. A newly formed Joint Innovation Council and Digital Experience Office will further drive this transformation, reinforcing The Standard's commitment to innovation and delivering scalable, user-centric experiences 1

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Leadership Perspectives

Laxman Prakash, Chief Information Security Officer and Head of IT Infrastructure and Security Management Organization at The Standard, expressed confidence in HCLTech's ability to help scale efficiently and seamlessly with its digital-first and customer-focused approach 2

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Anubhav Mehrotra, Senior Vice President and Head of Insurance, North America, at HCLTech, highlighted the company's deep commitment to the insurance sector and its investment in AI-led capabilities and innovative talent 1

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HCLTech's Broader AI Initiatives

In a related development, HCLTech has also partnered with UiPath, a global automation company, to help businesses worldwide automate their operations using AI. This partnership aims to make businesses more efficient by reducing the need for human involvement in everyday processes 2

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As part of this collaboration, HCLTech and UiPath will establish an AI lab in India, focusing on building industry-specific solutions and small-scale working models that cover everything from planning and implementation to ongoing improvements 2

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Company Profiles

HCLTech is a global technology company with over 223,000 employees across 60 countries. It offers industry-leading capabilities centered around digital, engineering, cloud, and AI, serving clients across various sectors including Financial Services, Manufacturing, Life Sciences and Healthcare, and more 1

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The Standard, in business since 1906, is a leading provider of financial protection products and services for employers and individuals. Their offerings include group and individual disability insurance, group life and accidental death and dismemberment insurance, and retirement plans products and services 1

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