NSEUpdates18 Jun 2026 · 18 Jun 2026, 04:55 pm
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HCL Technologies Limited · HCLTECH
✦ AI Summary▲ PositiveM&A
HCLTech recognized as a 'Market Shaper' in the 2026 Gartner Emerging Market Quadrant for Physical AI Services - Established Vendors.
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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk5/10
Liquidity Impact9/10
Market Sentiment9/10
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HCL Technologies Limited has informed the Exchange regarding HCLTech recognized as a Market Shaper in the 2026 Gartner® Emerging Market Quadrant for Physical AI Services - Established Vendors .
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HCLTECH_18062026165506_Release18June2026.pdf
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June 18, 2026
The General Manager The Manager
BSE Limited National Stock Exchange of India Limited
Listing Department Listing Department
Phiroze Jeejeebhoy Towers Exchange Plaza
Dalal Street 5th Floor, Plot No. C-1, Block-G
Mumbai- 400 001 Bandra-Kurla Complex, Bandra(E)
Mumbai-400 051
BSE Scrip Code: 532281 NSE Scrip Code: HCLTECH
Subject: Release – “HCLTech recognized as a ‘Market Shaper’ in the 2026 Gartner® Emerging
Market Quadrant for Physical AI Services - Established Vendors”
Dear Sir / Madam,
Enclosed please find a release on the captioned subject being issued by the Company today.
This is for your information and records.
Yours faithfully,
For HCL Technologies Limited
Manish Anand
Company Secretary
Encl.:a/a
HCL Technologies Ltd.
Technology Hub, Special Economic Zone Corporate Identity Number: L74140DL1991PLC046369
Plot No. 3A, Sector 126, NOIDA– 201304, UP, India Registered Office:
t: +91 120 4306000 806 Siddharth, 96, Nehru Place, New Delhi -110019, India
HCLTech recognized as a ‘Market Shaper’ in the 2026 Gartner® Emerging Market
Quadrant for Physical AI Services - Established Vendors
The company placed in the top category of the inaugural quadrant
NEW YORK and NOIDA, India, Jun 18, 2026 - HCLTech, a leading global technology company,
has been named a Market Shaper as of June 2026 in the Gartner® Emerging Market Quadrant
for Physical AI Services - Established Vendors.
We believe this recognition underscores HCLTech’s early leadership in the rapidly emerging
Physical AI space. The company offers a full-stack portfolio spanning Intelligent Systems,
Kinetic AI (Cognitive Robotics), Semiconductor Engineering, Smart Infrastructure for Edge and
AI of Things, covering platforms such as VisionX, TraceX, SmarTwin and iEdgeX. These solutions
are being deployed across industries, with a strong focus on Manufacturing and Heavy
Industries, Life Sciences and Healthcare, and Retail. HCLTech works closely with leading
ecosystem partners to accelerate innovation and scale adoption in this space. The company
also operates dedicated Physical AI labs in Santa Clara, US, and Noida, India, to advance next-
generation capabilities and enterprise deployments.
“Being recognized as a Market Shaper in the inaugural Gartner Emerging Market Quadrant for
Physical AI Services reinforces HCLTech’s leadership in translating AI innovation into real-world
impact. Our holistic Physical AI portfolio spans chip-to-software, enabling enterprises to sense,
think and act in real time, bridging the physical and digital worlds at scale. With deep
engineering DNA, a full-stack advantage and a focus on measurable outcomes, we are
enabling industrialized, enterprise-grade adoption of Physical AI across industries,” said Vijay
Guntur, CTO and Head of Ecosystems at HCLTech.
For more information on HCLTech’s Physical AI offerings, visit:
https://www.hcltech.com/physical-ai-aiot
GARTNER is a trademark of Gartner, Inc. and/or its affiliates. Gartner does not endorse any
company, vendor, product or service depicted in its publications, and does not advise
technology users to select only those vendors with the highest ratings or other designation.
Gartner publications consist of the opinions of Gartner’s business and technology insights
organization and should not be construed as statements of fact. Gartner disclaims all
warranties, expressed or implied, with respect to this publication, including any warranties of
merchantability or fitness for a particular purpose.
Gartner, Emerging Market Quadrant for Physical AI Services — Established Vendors, By Katie
Gove et. al, 8 June 2026.
About HCLTech
HCLTech is a global technology company, home to more than 227,000 people across 60
countries, delivering industry-leading capabilities centered around AI, digital, engineering,
cloud and software, powered by a broad portfolio of technology services and products. We
work with clients across all major verticals, providing industry solutions for Financial Services,
Manufacturing, Life Sciences and Healthcare, Technology and Services, Semiconductor,
Telecom and Media, Retail and CPG, Mobility and Public Services. Consolidated revenues as of
12 months ending March 2026 totaled $14.7 billion. To learn how we can supercharge progress
for you, visit hcltech.com.
For further details, please contact:
Meredith Bucaro, Americas
meredith-bucaro@hcltech.com
Elka Ghudial, Europe
elka.ghudial@hcltech.com
James Galvin, APAC
james.galvin@hcltech.com
Nitin Shukla, India, Middle East & Africa
nitin-shukla@hcltech.com