Olympus and HCLTech expand Engineering and R&D Agreement By CIOTechOutlook Team

Olympus and HCLTech expand Engineering and R&D Agreement

CIOTechOutlook Team | Thursday, 13 June 2024, 02:33 IST

HCLTech, a major global technology business, and Olympus Corporation (Olympus), a global MedTech firm, have expanded their strategic cooperation to provide innovative and cost-effective healthcare to patients using cutting-edge engineering solutions.

HCLTech will use its worldwide expertise in engineering and R&D services, as well as artificial intelligence technologies, to help Olympus accelerate and expand its global product development journey.

The firm will establish a dedicated product innovation center in Hyderabad, India to serve Olympus’ operations across US, Europe, Middle East and Africa. The center is expected to commence operations by July 2024 and boost Olympus’ business expansion plans and drive advancements in medical technology.

HCLTech and Olympus have a decade-long collaboration in core engineering and R&D, which includes product engineering, software engineering, product maintenance, risk management, and regulatory services. HCLTech services Olympus through its global delivery facilities in India and Vietnam.

“It is with great pleasure and excitement that we announce this agreement with HCLTech, with whom we share a decade-long partnership in core Engineering and R&D services. I am confident that our collaboration will enhance Olympus’ engineering capabilities and unlock new innovations that enable quality healthcare through technology,” said Andre Roggan, Chief Technology Officer, Olympus.