HCL Technologies Ltd has signed a contract with Munich Re, one of the world’s leading reinsurers, to create a next-generation digital workplace for its workforce. Shares of HCL Tech were trading over 4 per cent higher, surging to a 52-week high to Rs 1,166 per share on the BSE in Monday’s afternoon deals.

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The Indian IT major said that building on its strategic digital transformation partnership with Munich Re, HCL will modernize workplace services for more than 16,000 employees in 40 countries.

HCL will adopt a “glocal” strategy to support Munich Re’s global workforce in multiple languages, including German, Spanish and Mandarin, from near-shore locations. It will also implement a highly personalized service desk solution and leverage the power of automation and self-service capabilities to improve efficiency and enhance employee user experiences, the company added.

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