Shares of HCL Technologies Ltd are trading flat after touching a day’s high of Rs 1,651.70 on 3rd June. This follows the company’s announcement on Monday (2nd May) of a strategic partnership with UiPath, a leader in agentic automation. Their goal is to accelerate agentic automation for UiPath customers globally.

HCLTech and UiPath have partnered to bring large-scale agentic automation to enterprises. This will help businesses run smarter and with minimal human involvement.

HCLTech will utilise its AI expertise to deploy the UiPath platform across various areas. These areas include finance, supply chain, procurement, customer service, marketing, and HR. The goal is to enable autonomous operations.

The partnership includes pre-configured AI agents and controls to help businesses implement and scale automation quickly and smoothly.

It aims to boost business agility, enhance workforce efficiency, and deliver faster returns on automation investments for companies worldwide.

HCLTech will establish an AI lab in collaboration with UiPath in India. This lab will develop industry-specific automation solutions and Minimum Viable Products (MVPs) for the entire automation journey.

UiPath leaders say that agentic automation is key to helping businesses transform their operations. The partnership with HCLTech will support this transformation globally.

At 10:51 AM, the shares of HCL Tech were trading 0.43% lower at Rs 1,624.50 on NSE.

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