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HCLTech Wins Multi-Year Deal to Build AI-Driven IT Backbone for Magnum Ice Cream

Story Highlights
  • HCLTech will build and manage an AI-driven, future-ready IT infrastructure for The Magnum Ice Cream Company as it becomes an independent listed business.
  • The multi-year deal showcases HCLTech’s strength in complex global transformations, shifting Magnum’s operations toward NoOps automation and a greenfield digital foundation post-Unilever.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
HCLTech Wins Multi-Year Deal to Build AI-Driven IT Backbone for Magnum Ice Cream

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The latest announcement is out from HCL Technologies Limited ( (IN:HCLTECH) ).

HCLTech has signed a multi-year partnership with The Magnum Ice Cream Company, the world’s largest ice cream company, to design, build and manage a future-ready, AI-enabled IT infrastructure as Magnum transitions into an independent listed business. Using its AI Force platform, HCLTech will embed AI across Magnum’s digital foundation, drive a shift from AIOps to a NoOps operating model with zero-touch automation and autonomous IT operations, and support Magnum’s exit from its Transition Service Agreement with Unilever by creating a greenfield infrastructure. The collaboration underscores HCLTech’s capabilities in large-scale, complex global transformations in the consumer-packaged goods sector and is positioned to enhance Magnum’s operational excellence and customer experience while reinforcing HCLTech’s industry standing in AI-driven infrastructure modernization.

More about HCL Technologies Limited

HCLTech (HCL Technologies Limited) is a leading global technology company that designs, builds and manages digital and IT infrastructures for large enterprises worldwide, with a strong focus on applying artificial intelligence, automation and advanced analytics across sectors including consumer-packaged goods to enhance customer experience and operational efficiency.

Average Trading Volume: 134,434

Technical Sentiment Signal: Strong Buy

Current Market Cap: 4510.9B INR

See more insights into HCLTECH stock on TipRanks’ Stock Analysis page.

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