The 2025 SaaS Trends Report:Uncover the top purchases, pricing trends, and AI's impact  
The 2025 SaaS Trends Report: Uncover the top SaaS purchases, pricing trends, and AI's impact on software buying
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About

HCL Tech

HCL Technologies is an Indian multinational information technology services and consulting company headquartered in Noida.

|Visit hcltech.com

How much does HCL Tech cost?

Median contract value
$49,626
per year
Based on data from 5 purchases.
Median: $49,626
$47,671
$51,849
LowHigh
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How does HCL Tech price and package their products?
View pricing on HCL Tech's website
Product: 
Custom Software Development Services
Not explicitly listedPayment TermsAnnualPopular FeaturesIntegration with AI for enhanced user experience and operational efficiency

Negotiating with HCL Tech

Negotiation Tips

Introducing competitors as alternatives during negotiations has proven beneficial in securing better terms. You can leverage competitor pricing to justify your negotiation stance, highlighting that if the current vendor cannot meet your requirements, you are prepared to move forward with a competitive offer. Remind the vendor of how their competitors align with your needs and budget constraints.
Removing auto-renewal clauses can provide greater flexibility, ensuring that you are not locked into a contract that no longer meets your needs. This tactic can add pressure on the supplier to offer competitive terms, knowing they won't automatically retain your business if they fail to deliver.
Typically, overage fees can be negotiated or waived completely in your renewal discussions. Use your current usage patterns as leverage and ask for clear terms regarding what overages will be until you are comfortable with the new proposal. This tactic helps ensure you are not penalized for exceeding expected usage under the current contract.
Push back on any uplift percentages in your renewal discussions, especially if you see a decrease in users or services. Clearly communicate budget constraints and tie your demands to industry standards and competitor pricing models to ensure you aren’t paying more during tight financing periods.
Reference specific pricing from competitors to anchor negotiations. Providing direct comparisons allows you to reinforce your budget constraints to the vendor and highlights the need for them to be more competitive with their offerings. Make sure to prepare a breakdown of what's included in competitor offers versus your current vendor's package.

Considerations when buying HCL Tech

OwnershipHCL Technologies is a publicly traded company.
Fiscal year endMarch
Best months to buyMarch, April, October
Payment TermsNet 30, Net 60
Upgrades/downgradesYes, HCL Tech offers both upgrades and downgrades for its services, making it easy for users to adjust their resources as their needs change.
Redline thresholdRedline threshold estimate is $50k.

Vendr community insights for HCL Tech

What real buyers recommend in the negotiation process

Company with 201-1000 employeesThis month
HCL's standard uplift is 15% YoY. Multi-year deals allow a lot of flexibility on this though.
Company with 201-1000 employeesThis month
HCL's standard payment terms are Net30 but will sometimes grant permission for Net45 or Net60. All multi-year contracts are billed on an annual basis.
Company with 201-1000 employeesThis quarter
HCL proposed a substantial rate increase at renewal, and we approached them to negotiate. Unfortunately, their response was slow, and they ultimately did not provide any meaningful revisions to address our concerns. As a result, we have decided to move away from HCL for this term and explore alternative solutions.
Company with 201-1000 employeesThis year
Was able to push back on 11 percent increase and limit renewal to 3% for next 12 months. No change in previous usage

Additional Info

What is HCL Tech?

HCL Technologies is an Indian multinational information technology services and consulting company headquartered in Noida.
HCL Tech's 1 Product
HCL Tech Platform
HCL Technologies is an Indian multinational information technology services and consulting company headquartered in Noida.

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