SHIV NADAR and HCL

The Magus

History
Tutocorin ,TamilNadu
an electrical engineer from
Coimbatore
worked with Cooper Engineering as a
systems analyst and as a senior
management trainee at DCM in 1968
Started microcomp with 5 other
partners in 1975
Started hcl in 1976

The beginning..
Begin with calculators.
Lauch first microcomputer in
1977
Started diversified appl.
Development
Started NIIT in 1981

The Dream
Use the power of
microprocessor to
change the world
4 bit microcomputer
based calculator

The growth

The Hurdles faced

First they could not import
technology at that time.
In 1980 started far east computers
and had to achieve $1 millions in 5
months.
In 1984 when clients asked for
unix pc they prepare it in 3 weeks.
The US story in 1990.
Started HP-HCL in 1991

The group started

Around this time they
started many companies
and joint ventures..

Where they goofed up !

This was when we decided to walk the
software integration road. We created the
integration database, much before Intel...
but we killed it! We were so nave, we
killed a product line like that!
They were first in off shoring but still
behind infy and wipro, why?
Whether its software, hardware,
training, networking, telecom,
peripherals or system integration, HCL
has an answer for all your IT needs

The consolidation phase

Consolidating 18 group
companies into just three ..
HCL Technologies, HCL
Infosystems, NIIT, HCL Comnet
and HCL Perot - 5 out of 18 in 99
Then only 2 remainsafter 2000

stock market looks

Hcl info
Ipo price
open
High
Low
close
Yday
Gain %

Hcl info.
72
72
65
65
162
150

Hcl tech.
500-580
537
545
500
513
566
10

The team
Shiv nadar leads from
front
Ajay chaudhary is
incharge of hcl
infosystems
Rest of partners left by
this time