HCL Technologies shares in focus after AI deal with Children’s Minnesota
HCL Technologies are set to be in focus on Friday after the IT services company announced a strategic agreement with Children’s Minnesota to enhance operational efficiency and patient care using artificial intelligence (AI).
The partnership, announced after market hours on Thursday, will see HCL Tech deploy its AI-powered platform, HCLTech AI Force, to modernize the operational systems of Children’s Minnesota, one of the largest pediatric healthcare providers in the United States. The AI-driven solutions aim to streamline service delivery, reduce manual processes, and enable data-driven decision-making, the company said in a statement.
“As we aim to continue to provide best-in-class care to our patients and community, we are confident that HCLTech is the right partner to ensure our innovative operations will enable us to stay true to our core mission,” said Dave Lundal, Senior Vice President and Chief Information Officer at Children’s Minnesota.
Shares of HCLTech ended 0.3% higher at Rs 1,631.25 on the BSE on Thursday. The stock has declined 3.46% over the past week and is down 13.85% in the last three months. Over the past year, it has fallen 1.78%.
HCLTech’s Executive Vice President for Healthcare Industries, Shantanu Baruah, said the partnership underscores the company’s commitment to leveraging AI to improve healthcare outcomes. The deal is expected to bolster HCLTech’s presence in the healthcare technology space, a key growth area for the company.
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