HCL Technologies announced a new partnership with Intel Corporation and Mavenir to develop and provide scalable private 5G network solutions for communication service providers (CSPs) and broader cross-industry enterprises.
The companies will join forces on a wide range of projects and activities spanning enablement, go-to-market, and sales acceleration, with the goal of delivering more 5G solutions to CSPs, IoT, and enterprise verticals, through this collaboration.
5G networks, with ultra-low latency, enhanced control, and flexibility, including network slicing and reduced hardware and cabling requirements, among other features, have the potential to be a foundational technology in the evolution of industries.
The three companies will collaborate cross-functionally, leveraging each other’s unique skill sets to add new offerings and help enterprises generate more value.
The companies will collaborate to create a cloud-native E2E architecture for an Intel Xeon processor-based 5G solution that will leverage Mavenir RAN, Intel SmartEdge, and HCLTech’s management, orchestration, and automation services.
In addition, the companies will develop innovative use cases by investing in HCLTech’s Cloud-Native Labs to drive meaningful and impactful digital transformations for enterprises worldwide.
At around 12.01 PM, HCL Technologies was trading at Rs1,103.55 per piece, down by 0.17% from its previous closing of Rs1,105.40 on the BSE. The scrip touched an intraday high and low of Rs1,112.85 and Rs1,098.40 respectively.
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