HCLTech has been recognized as a Leader in Everest Group’s inaugural Product Lifecycle Management (PLM) Services PEAK Matrix® Assessment 2026. The assessment recognized HCLTech for its capabilities in helping manufacturers and engineering-driven enterprises modernize product development and manage complex PLM transformation programmes. Everest Group highlighted HCLTech’s expertise in lifecycle transformation initiatives aimed at improving visibility, traceability and collaboration across the product ecosystem.
The assessment also noted HCLTech’s capabilities across emerging PLM areas, including cloud PLM, supply chain traceability, model-based systems engineering (MBSE), multi-enterprise integration, AI-enabled lifecycle services, digital thread and digital twin enablement.
“HCLTech demonstrates strong traction across emerging PLM themes, including cloud PLM, supply chain traceability, MBSE, multi-enterprise integration, AI-enabled lifecycle services, and digital thread and digital twin enablement. Its portfolio of reusable assets across AI-led lifecycle transformation, test automation, MBSE, and platform migration and modernization, further differentiates its proposition,” said Nishant Udupa, Vice President, Everest Group.
“Clients appreciate HCLTech for its deep PLM expertise, responsive support, and ability to align PLM capabilities with business processes. These strengths have contributed to HCLTech emerging as a Leader in Everest Group’s Product Lifecycle Management Services PEAK Matrix® Assessment 2026,” he added.
“As products become increasingly software-defined, connected and AI-driven, engineering organizations need more than modern tools. They need a unified digital foundation that enables faster decisions, seamless collaboration and continuous innovation across the product lifecycle. By combining five decades of engineering leadership with deep domain expertise and AI-led innovation, HCLTech is helping clients build intelligent engineering enterprises that accelerate growth, strengthen resilience and create lasting business value,” said Hari Sadarahalli, Corporate Vice President and Head of Engineering and R&D Services, HCLTech.
HCLTech has more than 223,000 employees across 60 countries and provides technology services and products spanning AI, digital, engineering, cloud and software. The company works with clients across sectors including financial services, manufacturing, life sciences and healthcare, technology and services, semiconductors, telecom and media, retail and consumer packaged goods, mobility and public services.
