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HCL Technologies taking more risks over product play, say experts

Say it needs long-term commitment of resources to develop successful products from acquired IPs of IBM

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As HCL Technologies (HCLT) takes a strategic bet towards a bigger product play, experts are sceptical about the move saying this involves more risks than rewards unless the company is able to develop successful products out of the acquired (intellectual properties) IPs from IBM. IPs as such are not products in itself and require dedicated efforts in terms of resources and time to take shape in collaboration with system integrators. The Noida-headquartered firm has to make long-term commitment of both financial and human resources to realise this goal. "Software ...