HCL Technologies (HCL), one of the leading software exporters,  announced a five-year, global agreement to provide digital transformation and managed services to The Mosaic Company, a Fortune 500 company and the largest U.S. producer of phosphate and potash.

As part of the agreement, HCL will manage and transform Mosaic's global application and infrastructure environments to enhance the company’s agility and ability to drive growth in the marketplace.

As part of this endeavor, HCL will deploy a scaled Agile/DevSecOps delivery model across North America and South America to deliver process-led transformative services across applications, infrastructure and business analytics environments.This partnership with Mosaic capitalizes on our strong focus on the agriculture business, mining and chemical segments.

In addition, Mosaic will benefit from our presence in the Latin American market where the company will be able to execute on go-to-market models for different segments, including B2B and B2C firms.

"Our partnership with HCL will allow Mosaic to create a stronger digital and analytics foundation to accelerate the ROI for key enterprise transformation priorities through innovation, insights, speed, and scale," Jeff Wysocki, CIO for The Mosaic Company, said.

"We recognize the strong focus of our customers to move to a more product-centric, stream-driven delivery model, which is an exceptional area of strength for us,” Ajay Bahl, Executive Vice President for HCL America, said. "We're thrilled to help Mosaic scale its global capabilities with our transformative services." As a partner and key enabler, Mosaic will rely on HCL Technologies to use its services to drive its strategic priorities, including functional collaboration and efficiency.

Shares of the company declined Rs 0.05, or 0.01%, to settle  at  Rs 976.85.  The total volume of shares traded  was  249,053 at  the BSE (Friday).