Published On:June 13 2024
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"Olympus and HCLTech Strengthen Engineering and R&D Partnership"

HCL Technologies (HCLTech), a prominent global technology company, and Olympus Corporation (Olympus), a leading MedTech company, have broadened their strategic collaboration to enhance affordable healthcare solutions through cutting-edge engineering technologies.

HCLTech will leverage its extensive expertise in Engineering and R&D services, bolstered by artificial intelligence (AI) solutions, to accelerate Olympus' global product development initiatives. As part of this expansion, HCLTech will establish a dedicated product innovation center in Hyderabad, India. Scheduled to commence operations by July 2024, the center will support Olympus' operations across the US, Europe, Middle East, and Africa, facilitating business expansion and driving advancements in medical technology.

The partnership builds on a decade-long relationship between HCLTech and Olympus, encompassing core areas such as product engineering, software engineering, product sustenance, and regulatory services. HCLTech currently supports Olympus from its global delivery centers in India and Vietnam.

Andre Roggan, Chief Technology Officer at Olympus, expressed optimism about the collaboration, stating, "It is with great pleasure and excitement that we announce this agreement with HCLTech, with whom we share a decade-long partnership in core Engineering and R&D services. I am confident that our collaboration will enhance Olympus' engineering capabilities and unlock new innovations that enable quality healthcare through technology."

Hari Sadarahalli, Corporate Vice President and Head of Engineering and R&D Services at HCLTech, highlighted their commitment to driving progress through technology. "HCLTech is focused on bringing together the best of technology and its people to supercharge progress for its clients. We look forward to deepening our collaboration with Olympus, adding tangible value to its new product development and growth with our expertise in MedTech product engineering."

HCLTech is recognized as a partner to over 100 of the top 250 global engineering R&D spenders. The company's leadership in engineering services was underscored by its ranking as the #1 engineering services provider in Everest Group's 2023 PEAK Matrix Provider of the Year™ Awards and its position as a leader in IDC MarketScape: Worldwide Software Engineering Services 2023 Vendor Assessment.


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