logo
HCLTech Expands Partnership With The Standard to Accelerate AI-led Transformation and Deliver Digital-first Services at Scale

HCLTech Expands Partnership With The Standard to Accelerate AI-led Transformation and Deliver Digital-first Services at Scale

National Posta day ago

Article content
NEW YORK & NOIDA, India — HCLTech, a leading global technology company, announced an expansion of its partnership with Standard Insurance Company (The Standard), a leading provider of financial protection products and services for employers and individuals.
Article content
This expanded partnership with The Standard will deliver AI-driven infrastructure and application services to boost efficiency, support rapid growth and enhance customer experience. This collaboration will also accelerate The Standard's shift to an IT products and services-based operating model, enabling greater agility, customer value and progress toward the company's long-term digital transformation goals.
Article content
Article content
HCLTech's GenAI-led service transformation platform, AI Force, digital engineering and cloud services will support The Standard's focus on exceptional customer service in the delivery of workplace benefits. This transformation will be further driven by a newly formed Joint Innovation Council and Digital Experience Office, reinforcing The Standard's commitment to innovation and delivering scalable, user-centric experiences.
Article content
'The Standard's growth journey has accelerated in recent years through digital transformation and acquisitions, and HCLTech has proven to be the best partner to help us scale efficiently and seamlessly with its digital-first and customer-focused approach,' said Laxman Prakash, Chief Information Security Officer and Head of IT Infrastructure and Security Management Organization at The Standard. 'We look forward to the positive impact that this ongoing partnership will provide for our customers.'
Article content
'We are excited about this extended partnership with The Standard, showcasing our deep commitment to the insurance sector,' said Anubhav Mehrotra, Senior Vice President, Head of Insurance, North America, at HCLTech. 'This collaboration underscores HCLTech's investment in AI-led capabilities and innovative talent, which have been pivotal in guiding The Standard through its digital transformation journey.'
Article content
is a global technology company, home to more than 223,000 people across 60 countries, delivering industry-leading capabilities centered around digital, engineering, cloud and AI, powered by a broad portfolio of technology services and products. We work with clients across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, High Tech, Semiconductor, Telecom and Media, Retail and CPG and Public Services. Consolidated revenues as of 12 months ending March 2025 totaled $13.8 billion. To learn how we can supercharge progress for you, visit
Article content
The Standard is a family of companies dedicated to helping customers achieve financial well-being and peace of mind. In business since 1906, we are a leading provider of financial protection products and services for employers and individuals. Our products include group and individual disability insurance, group life and accidental death and dismemberment insurance, group dental and group vision insurance, absence management and paid family leave services, retirement plans products and services and annuities for employers and individuals. For more information about The Standard, visit standard.com and follow us on LinkedIn and Instagram.
Article content
Article content
Article content
Article content
Contacts
Article content
For further details, please contact:
Article content
HCLTech
Article content
Meredith Bucaro, Americas
Article content
Article content
meredith-bucaro@hcltech.com

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Starbucks (SBUX) Unveils New AI Assistant for Baristas That's Powered by Microsoft
Starbucks (SBUX) Unveils New AI Assistant for Baristas That's Powered by Microsoft

Globe and Mail

time34 minutes ago

  • Globe and Mail

Starbucks (SBUX) Unveils New AI Assistant for Baristas That's Powered by Microsoft

Coffee making is going high tech. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Starbucks (SBUX) is rolling out a new generative artificial intelligence (AI) assistant for its coffee baristas that's powered by Microsoft (MSFT) Azure's OpenAI platform. The AI assistant will initially be deployed in a trial at 35 Starbucks locations in the U.S. as part of a strategy to simplify baristas' jobs and speed-up service at the company's coffee shops. The global coffee chain showed off the new technology to more than 14,000 North American store managers at an event held in Las Vegas, Nevada on June 10. A broader rollout of what Starbucks is calling the 'Green Dot Assist' platform across the U.S. and Canada is slated to begin this autumn. News of the AI assistant comes as Starbucks tries to revive its sluggish sales under new CEO Brian Niccol. Improved Service Niccol has set a goal of improving Starbucks' service times to four minutes per order. The hope is that quick, accurate answers to barista questions will help speed-up service and improve quality at Starbucks locations. With the AI assistant, Starbucks' baristas will be able to use a tablet to get answers to questions such as how to make an iced espresso and troubleshoot equipment errors. As the AI assistant evolves, Starbucks has even bigger plans for its use, including automatically creating a ticket with information technology (IT) for equipment issues. Starbucks is expanding its relationship with Microsoft about a year after the tech giant's CEO Satya Nadella stepped down from Starbucks' board of directors. SBUX stock has risen 2% this year. Is SBUX Stock a Buy? The stock of Starbucks has a consensus Moderate Buy rating among 23 Wall Street analysts. That rating is based on 12 Buy and 11 Hold recommendations issued in the last three months. The average SBUX price target of $93.25 implies 1.99% upside from current levels.

Sabia, veteran of public, private sectors, to head Carney's Privy Council
Sabia, veteran of public, private sectors, to head Carney's Privy Council

Toronto Sun

timean hour ago

  • Toronto Sun

Sabia, veteran of public, private sectors, to head Carney's Privy Council

Published Jun 11, 2025 • 1 minute read Hydro Quebec CEO Michael Sabia speaks to The Canadian Club of Montreal, in Montreal, on Wednesday, Feb. 19, 2025. Photo by Allen McInnis / Postmedia Network OTTAWA — Prime Minister Mark Carney is tapping Michael Sabia, a veteran of the public and private sector, to head up the Privy Council Office in Ottawa. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account Sabia's tenure as clerk of the Privy Council and secretary to cabinet will begin July 7. He replaces John Hannaford, who is retiring. The Privy Council offers non-partisan policy advice to the prime minister and cabinet and is responsible for managing the broader public service. Sabia has served as president and CEO of Hydro-Quebec since 2023. He said in a statement released by the utility Wednesday that he was answering Carney's call to serve as the prime minister pushes for a rapid transformation of Canada's government and economy. 'Prime Minister Carney asked me to take on this role at a time when the country is facing some unprecedented challenges,' he said. 'In that context, I am joining the federal government to tackle these challenges head-on.' This advertisement has not loaded yet, but your article continues below. Sabia started his career in the public sector and spent years at the Privy Council. He was Canada's deputy finance minister throughout the pandemic years and the early recovery period. He served as the head of Quebec's public pension plan for over a decade before that. He is a former CEO of Bell Canada Enterprises and former CFO of Canadian National Railway. Sabia was named an officer of the Order of Canada in 2017. 'As Canada's new government moves with focus and determination to build the strongest economy in the G7, bring down costs for Canadians and keep communities safe, Mr. Sabia will help us deliver on this mandate and our government's disciplined focus on core priorities,' Carney said in a media statement. Read More Celebrity NHL Editorial Cartoons Columnists Toronto Maple Leafs

CLEAR, T-Mobile Modernize Workforce Identity Verification to Strengthen Enterprise Security
CLEAR, T-Mobile Modernize Workforce Identity Verification to Strengthen Enterprise Security

Globe and Mail

timean hour ago

  • Globe and Mail

CLEAR, T-Mobile Modernize Workforce Identity Verification to Strengthen Enterprise Security

NEW YORK, June 11, 2025 (GLOBE NEWSWIRE) -- CLEAR (NYSE: YOU), the secure identity company, today announced that it worked with T-Mobile to deploy CLEAR1, the identity platform for enterprises, across its operations. CLEAR1 enables seamless and secure identity verification for employees, an experience that is as simple as taking a selfie. With this biometric multi-factor authentication (MFA) solution, T-Mobile is able to verify employees and other team members based on who they are – not just the phones and laptops they use or the passwords and security questions they know. T-Mobile uses CLEAR1 as an enhanced way to authenticate access to its platforms and systems using biometric MFA, which replaces legacy methods like passwords and one-time PINs. 'As cyber threats grow more complex and bad actors become more sophisticated, further securing T-Mobile starts with knowing exactly who's behind the screen,' said Mark Clancy, SVP, Cybersecurity at T-Mobile. 'CLEAR1 gives us a strong, identity-first approach that helps us build trust across our systems by verifying the person — not just their credentials. It's a key step in strengthening our identity verification and better protecting our infrastructure, teams and customers.' "Identity is the foundation of trust in every organization," said Jon Schlegel, Chief Security Officer at CLEAR. 'CLEAR1 empowers businesses to strengthen security, reduce friction, and build confidence across their workforce. We're proud to help organizations meet today's threats head-on with a solution that's fast, secure, and built for the real world.' Today's cybercriminals are outpacing outdated screening and authentication methods, posing as trusted employees to gain access to sensitive systems and data. According to estimates from the U.S. Treasury, State Department, and FBI scams involving fake IT workers have generated hundreds of millions of dollars annually since 2018 — highlighting the need for identity-first strategies that strengthen cybersecurity and protect business continuity. CLEAR1 empowers organizations in the fight against sophisticated cyber threats by anchoring authentication in real identity, drawing from identity signals across biometrics, documents, device, and source corroboration–to maximize security and minimize friction for employees. For more information on how T-Mobile is using CLEAR1, visit: About CLEAR CLEAR's mission is to strengthen security and create frictionless experiences. With over 31 million Members and a growing network of partners across the world, CLEAR's identity platform is transforming the way people live, work, and travel. Whether you are traveling, at the stadium, or on your phone, CLEAR connects you to the things that make you, you – making everyday experiences easier, more secure, and friction-free. CLEAR is committed to privacy done right. Members are always in control of their own information, and we never sell Member data. For more information, visit Forward-Looking Statements This release may contain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that any and such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties, and that actual results, developments and events may differ materially from those in the forward-looking statements as a result of various factors, including those described in the Company's filings within the Securities and Exchange Commission, including the sections titled "Risk Factors" in our Annual Report on Form 10- K. The Company disclaims any obligation to update any forward-looking statements contained herein.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store