“SWOT is an acronym for the internal Strengths and Weaknesses of a firm and the environmental Opportunities and Threats facing that firm. SWOT analysis is a widely used technique through which managers create a quick overview of a company’s strategic situation. The technique is based on the assumption that an effective strategy derives from a sound “fit” between a firm’s internal resources (strengths and weaknesses) and its external situation (opportunities and threats). A good fit maximizes a firm’s strengths and opportunities and minimizes its weaknesses and threats. Accurately applied, this simple assumption has powerful implications for the design of a successful strategy.”

HCL Technologies

HCL Technologies (HCL) is an India based global information technology (IT) company that provides a wide range of products and services for large and medium sized organizations, such as software services, business process outsourcing (BPO) services and infrastructure management services. The company operates in the US, the Europe, Asia Pacific and Japan. It is headquartered in Noida, India and employs about 52,957 people.