HCLTech Bags Landmark $1.14 Billion Enterprise AI Contract
HCLTech bags landmark $1.14 billion enterprise AI contract to transform digital workplace and network operations for a Fortune Global 50 firm.
Artificial intelligence is becoming the backbone of enterprise technology, and HCLTech has just secured one of its biggest wins yet.
The Indian IT services company has announced a strategic contract worth $1.14 billion with a Europe-headquartered Fortune Global 50 company. The long-term agreement will see HCLTech modernise the client's global digital workplace and enterprise network operations using an AI-driven operating model.
According to the company's stock exchange filing, the contract will run from July 2026 until December 2031, with an option to extend it by another five years. HCLTech also confirmed that the engagement is entirely new business, adding fresh revenue rather than replacing an existing contract.
What the billion-dollar deal includes
As part of the agreement, HCLTech will build and manage an AI-led operating model for the client's workplace technology and enterprise networks.
In simple terms, the company will use artificial intelligence to improve how employees interact with workplace technology, monitor network performance, identify technical issues before they escalate and automate routine IT operations. The goal is to create faster, more efficient and reliable digital services across the organisation.
While HCLTech has not disclosed the customer's identity due to confidentiality agreements, it has confirmed that the client is a Europe-based Fortune Global 50 company, placing it among the world's largest businesses by revenue.
Why this win is significant
The contract highlights how enterprise AI is moving beyond experimental projects and becoming part of large-scale business transformation. Companies are increasingly investing in AI to improve IT support, strengthen cybersecurity, automate repetitive processes and enhance employee productivity.
Instead of testing AI in isolated use cases, organisations are embedding it into their core technology infrastructure. For HCLTech, the deal reinforces its growing position in AI-powered infrastructure services and provides greater visibility into its future revenue pipeline.
HCLTech's broader AI strategy
The announcement follows several recent AI-focused initiatives by HCLTech. The company recently partnered with Finnish renewable energy company Neste to support AI-driven IT transformation and collaborated with Nokia on autonomous telecom network optimisation using artificial intelligence.
It has also worked with Circles and GreySkies on AI-powered telecom software, acquired business intelligence platform Jaspersoft and invested in Indian AI startup Sarvam AI. These moves demonstrate HCLTech's strategy of expanding both its AI capabilities and its enterprise technology portfolio.
Enterprise AI is becoming business as usual
The latest contract reflects a larger trend across the global IT services industry. Businesses are no longer viewing artificial intelligence as an emerging technology. Instead, they are investing in AI to improve operational efficiency, reduce costs and modernise critical technology systems.
For HCLTech, the $1.14 billion deal is more than a major contract. It signals growing confidence in AI-led digital transformation and highlights how long-term enterprise spending is increasingly shifting towards intelligent, automated technology services.