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aPriori and HCL Form Strategic Reseller Partnership

New alliance to drive financial goals for global manufacturers through unique Product Cost Management solutions

CONCORD, MA – November 17, 2016 – aPriori, the leading provider of product cost management(PCM) software solutions, today announced the formation of a strategic reseller and expert services partnership with HCL Technologies, an Indian multinational IT services company, headquartered in Electronic City, Bangalore, India.  HCL will represent aPriori’s advanced costing solutions – selling into the India region.  HCL will also deliver strategic and expert services to manufacturers across the globe.

“Many of aPriori’s customers headquartered in North America and Europe have engineering excellence centers based in India. There are also a growing number of India–headquartered manufacturers that are expanding globally. These enterprises have started adopting PCM technology to develop products that meet global quality standards and targeted financial goals such as product costs”, said Stephanie Feraday, President and CEO at aPriori.  “HCL has a deep understanding of the manufacturing value chain and counts some of the world’s leading manufacturers among its customers. The partnership offers best–in–class PCM solutions and expert services to global manufacturers, helping them optimize costs and reduce time to market.”

“21st Century manufacturers can no longer rely on first generation manufacturing practices to develop and produce globally competitive products for the quality conscious new age customer. They need to innovate across the value chain, starting from product engineering & manufacturing to supply chain & aftermarket services,” said GH Rao, President and Global Head, Engineering and R&D Services, HCL Technologies. “This partnership combines HCL’s unique end–to–end manufacturing engineering and technology expertise with aPriori’s differentiated PCM capabilities across 3D CAD automated costing, robust manufacturing models and intelligent routing engines, offering a strong value proposition for manufacturers.”

In today’s dynamic global marketplace, the manufacturing industry is evolving with newer technologies and ways of working, and industry players are devising new strategies to stay ahead of the game. Product Cost Management allows global manufacturers to meet their business and financial objectives across the manufacturing value chain, by developing innovative products, reducing time to market, optimizing costs and innovating across the distribution & manufacturing supply chain.

About HCL Technologies

HCL Technologies is a leading global IT services company working with clients to impact and redefine the core of their businesses. Since its emergence on the global landscape after its IPO in 1999 and listing in 2000, HCL Technologies, along with its subsidiaries, today operates out of 32 countries and has consolidated revenues of US$ 6.6 billion, for 12 Months ended 30 September, 2016. For the 21st Century Enterprise, HCL focuses on business model transformation, underlined by innovation and value creation, offering an integrated portfolio of services including BEYONDigitalTM, IoT WoRKSTM, Engineering Services Outsourcing and Next–Generation ITO that focuses on integrated infrastructure services, applications services and business services. HCL leverages DRYiCETM, its third generation autonomics and orchestration platform, global network of integrated innovation labs, and global delivery capabilities to provide holistic multi–service delivery in key industry verticals including Financial Services, Manufacturing, Telecommunications, Media, Publishing Entertainment, Retail CPG, Life Sciences Healthcare, Oil Gas, Energy Utilities, Travel, Transportation Logistics and Government. With 109,795 professionals from diverse nationalities, HCL Technologies focuses on creating real value for customers by taking ‘Relationships Beyond the Contract’. For more information, please visit www.hcltech.com

About aPriori

aPriori software and services generate hard-dollar product cost savings for discrete manufacturing and product innovation companies. Using aPriori’s real-time product cost assessments, employees in engineering, sourcing and manufacturing make more-informed decisions that drive costs out of products pre- and post-production. With aPriori, manufacturers launch products at cost targets, maximize savings in re-work projects and avoid overpaying for sourced parts.  To learn more about aPriori and its product cost management solutions and services, visit www.apriori.com or call 1.978.371.2006. To see an overview demonstration of aPriori, click here.

aPriori on Twitter @aPriori_Inc.
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Enterprise Product Costing Blog

aPriori and aPriori Technologies are registered trademarks of aPriori Technologies Inc. All other trademarks, registered trademarks or service marks belong to their respective holders.

CONTACT:
Rick Burke
Vice President, Marketing
rburke@apriori.com
978.451.7675

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