HCL Technologies Deploys Price/Quote Management Program Leveraging Boardwalk Digital Ledger Platform
CUPERTINO, CA, Feb. 13, 2019 /CNW/ - (TSXV:BWLK) - Boardwalktech Software Corp ("Boardwalktech") announced today that it has added a significant new deployment with HCL Technologies (NYSE:HCLTECH).
- HCL Technologies has adopted and gone live with a price/quote management application powered by the Boardwalk Blockchain Digital Ledger Platform.
- This new application is part of a recurring license being rolled out across HCL Technologies and is the first in a number of enterprise applications being digitally transformed across the business utilizing the Boardwalk Blockchain Digital Ledger Platform.
- Eventually, this price/quote management application is expected to support thousands of users across HCL's worldwide operations.
"We are proud to partner with the great team at HCL on this important application." said Andrew T. Duncan, President and CEO of Boardwalktech Software Corp. "Our patented Digital Ledger Platform is in use by some of the largest companies in the world, like HCL, where applications can be quickly configured, integrated with the extended enterprise, and deployed using legacy desktop apps, a browser, or a mobile device. Boardwalk's patented technology delivers on the global demand for secure digital information exchange - providing management, trust, and provenance for all participants in the value chain, resulting in a more efficient, secure and trusted digital information exchange. We remain committed to our mission of helping all enterprises move to a state of being 100% Digital."
The Boardwalk Blockchain Digital Ledger Platform is ideal for multi-party enterprise applications enabling trusted, authenticated and secure transactions managed on a private permissioned digital ledger. What is unique about the Boardwalktech digital ledger technology is that it captures the provenance of both on and off chain data exchanges between multiple parties. Our platform provides the end-to-end framework needed for enterprise customers to digitally transform existing manual processes, like price/quote management, enabling a more timely, accurate and predictive business outcome.
Boardwalktech has developed a patented Blockchain Digital Ledger Technology Platform that is in use today by 26 of the Fortune 500 running over 100 live mission critical applications world-wide. This enterprise platform allows for multi-party collaboration, provenance, verification and immutable transactions on a trusted, shared, and secured private permissioned blockchain cloud service. The Boardwalktech platform allows rapid blockchain application development on any device or user interface, supporting both on/off-chain "smart contract" business logic and full integration with enterprise systems of record.
HCL Technologies is a next-generation global technology company that helps enterprises reimagine their businesses for the digital age. Our technology products, services and engineering are built on four decades of innovation, with a world-renowned management philosophy, a strong culture of invention and risk-taking, and a relentless focus on customer relationships. With a worldwide network of R&D, innovation labs and delivery centers, and 132,000+ 'Ideapreneurs' working in 44 countries, HCL serves leading enterprises across key industries, including 250 of the Fortune 500 and 650 of the Global 2000. HCL generated consolidated revenues of USD 8.4 billion for 12 months ended 30th Sep 2018.
Forward-Looking Information and Statements
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For further information: Charlie Glavin, Chief Financial Officer, Boardwalktech, Inc., 650-618-6163, [email protected]; J.B. Kuppe, SVP Marketing, [email protected], 650-618-6104; Investor Relations: Joanna Longo, 416-575-6965, [email protected]