Two Acquisitions, One Big Goal: Inside HCLSoftware’s Smart Data and AI Brain

HCLSoftware explained how Jaspersoft and Wobby fit into its XDO blueprint spanning analytics, governance, and AI agents.
Image by Nalini Nirad
HCLSoftware, HCLTech’s enterprise software products arm, made two acquisitions this year to sharpen its focus on data, analytics, and generative AI-led enterprise software. The company said the acquisitions of Wobby, which builds AI data analyst agents, and embedded analytics platform Jaspersoft are central to building a more integrated data and AI stack that allows enterprises to analyse, govern, and act on data at scale.In an email interaction with AIM, a company spokesperson said that HCLSoftware is creating “an end-to-end data intelligence stack that can enable hybrid and sovereign data at scale.” In simpler terms, the company aims to help enterprises organise their data, analyse it using AI, and turn insights into action through a single, integrated system. The spokesperson said the recent acquisitions are positioned within a unified roadmap across the customer data value chain rather than operating as standalone products.  As part of HCLSoftware’s XDO (ex
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Picture of C P Balasubramanyam
C P Balasubramanyam
Bala is a journalist covering Indian tech companies and startups from Bengaluru.
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