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Wipro awarded Cloud and Infrastructure Transformation Partnership Contract by OlymPus

Posted On: 2019-12-12 16:28:28


Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has been awarded a strategic multi-year cyber governance, cloud and infrastructure services transformation engagement by Olympus.

Headquartered in the bustling business hub, Shinjuku, Tokyo, Olympus is a global medtech company committed to "Making people's lives healthier, safer and more fulfilling". It is passionate about optical and digital solutions for the medical, life sciences and industrial equipment industries as well as cameras and audio products.

The company has a history of a hundred years and has now embarked on a transformational journey to become a leading global medtech player. Olympus has chosen Wipro as a strategic partner with a focus to transform their IT infrastructure. For this transformation, Wipro will leverage its SHINRAI delivery framework, which is designed specifically for engagements in Japan. It has stringent quality processes and ensures reliable and predictable delivery to improve customer satisfaction and experience.

Wipro's proven expertise in the area of Cloud, Digital Workplace and Artificial lntelligence with a global delivery capability spanning across Japan, Americas, Asia Pacific will help transform Olympus's infrastructure systems worldwide. Wipro will deploy its HOLMES™ platform to transform the operations with AI and Hyper automation and bring in enhanced efficiencies along with significantly better user experiences. Wipro's BoundaryLess enterprise solution (BLE) will strengthen and harmonize Olympus's internal IT systems, improve the company's security standards globally, and provide a seamless IT service experience to employees and stakeholders.

Stephen Kneebone, Global Chief Information Officer, Olympus said, "In Wipro, we are pleased to have found a strong global partner for the modernization of our IT infrastructure. Together we will form a strong IT backbone and accomplish our global transformation into a leading medtech company. We are looking forward to a successful cooperation."

Manoj Nagpaul, Senior Vice President, Asia Pacific and Japan, Wipro Limited said, "We are delighted to be selected as the strategic IT and business transformation partner for Olympus. We look fonrward to supporting them in their digital journey using Wipro's comprehensive portfolio of offerings in the areas of Cloud, Digital Workplace and Artificial Intelligence which are transformation and innovation-focused. We are confident that our industry best practices and rich experience in delivering outcome-based services will help us deliver significant value to Olympus and its stakeholders."

Shares of WIPRO LTD. was last trading in BSE at Rs.239.45 as compared to the previous close of Rs. 240. The total number of shares traded during the day was 129078 in over 1098 trades.

The stock hit an intraday high of Rs. 241.2 and intraday low of 238.6. The net turnover during the day was Rs. 30937459.


Source: Equity Bulls

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