HCLTech Expands Partnership with The Standard

HCLTech has expanded its partnership with The Standard, a leading provider of financial protection services, to enhance its digital transformation through AI-driven infrastructure and application services. 

This collaboration will improve efficiency, support rapid growth, and boost customer experience, aligning with The Standard’s long-term goals of shifting to an IT products and services-based operating model.

The partnership will focus on delivering HCLTech’s GenAI-led platform, AI Force, along with digital engineering and cloud services, to help The Standard enhance customer service in its workplace benefits offerings. A newly formed Joint Innovation Council and Digital Experience Office will further support this transformation.

"The Standard’s growth journey has accelerated in recent years through digital transformation and acquisitions, and HCLTech has proven to be the best partner to help us scale efficiently and seamlessly with its digital-first and customer-focused approach," Laxman Prakash, chief information security officer at The Standard, said.

Meanwhile, Anubhav Mehrotra, senior vice president at HCLTech, stated, “We are excited about this extended partnership with The Standard, showcasing our deep commitment to the insurance sector. "

Previously, UiPath, a global automation company, partnered with HCLTech to help companies worldwide automate their operations using AI. The partnership aims to make businesses more efficient by reducing the need for human involvement in everyday processes.

HCLTech will use the UiPath Platform to help companies automate areas such as finance, supply chain, procurement, customer service, marketing, and human resources. The tech giant will also provide ready-to-use AI tools to help businesses start and scale their automation efforts easily. 

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