Trending Small Cap Stocks: HCL Infosystems to partner with Parablu

HCL Infosystems India's pioneer IT Services, Solutions & Distribution company has entered into a strategic partnership with Parablu which provides secure data management solutions including BluVault that protects on-premise data by backing it up to the Cloud.

This technology enables enterprises to store business assets in the cloud while maintaining privacy, security and confidentiality of data.
 
The focus of this partnership is to strength the enterprise space and competencies in digital technologies such as Cloud, IoT and analytics, to help its clients attain competitive advantage in today’s dynamic business landscape.
 
Bimal Das, Joint President- Enterprise Distribution, HCL Infosystems Ltd, commented, “We are excited to partner with Parablu to bring cutting-edge technology-based Cloud Security Solutions for providing more effective data protection and secure data backup to enterprises in India. This partnership is a natural fit for us in terms of offering digital technologies to clients for strategic business advantage. The new-age cloud data protection solutions for digital enterprise offered by Parablu will expand our portfolio of enterprise products and solutions. The solution offers 100% defence from ransomware and other malicious attacks.”
 
On today’s trade the stock has opened at Rs.49.85 and touched a high/low of 49.90/48.80 respectively and at 12:24 pm it is quoting at Rs.48.90 per share.