HCLSoftware bets on IP to power sovereign play

AS DATA SOVEREIGNTY and regulatory demands sharpen across markets, HCLSoftware, part of IT major HCLTech, is positioning itself as a distinct player in the sovereign technology space by leaning on one key differentiator: ownership of intellectual property (IP).

- URVI MALVANIA

Kalyan Kumar, chief product officer at HCLSoftware, explained that the company's approach rests on three pillars—data sovereignty (where data resides), people sovereignty (who operates the systems), and IP sovereignty (control over the underlying technology).

"We are an OEM. We build products and we own the intellectual property," he said. Owning the IP helps solve for the third pillar, which is becoming increasingly important as data regulations tighten across the globe.