HCL Technologies (HCL), a leading global IT services company, has entered into a strategic partnership with Siemens on Industry 4.0 solutions, with a strategic collaboration on the Siemens Industry Software Suite. The global partnership with Siemens on Mindsphere, a cloud��"based open Internet of Things (IoT) operating system, comprises technology, application development, connectivity solutions, system integration and go-to-market strategy.

''We are seeing traction in Industry 4.0 initiatives as our Manufacturing customers leverage automation, cyber-physical systems and IoT technologies to create 'smart' ecosystems. This collaboration comes as a proof of our leadership in the segment and lends further credibility to our market positioning in the Industry 4.0 space,'' said G.H Rao, President, Engineering and R&D Services, HCL Technologies.

Shares of the company gained Rs 6.45, or 0.76%, to trade at Rs 851.90. The total volume of shares traded was 8,076 at the BSE (10.06 a.m., Wednesday).