Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, newly announced a five-year strategic engagement with Scania, a world leading provider of transport solutions.
Scania currently has 54,000 employees in more than 100 countries. Going forward, Wipro will deliver streamlined support with increased automation and enhanced user experience through personalized services underpinned by real-time analytics to create a future-ready workplace for all Scania employees. This journey will be powered using Wipro's Live Workspace™ solution for managed services. For Scania, this represents a major step towards digitalization of its services while leveraging the unique capabilities of Wipro's global ecosystem.
"To achieve speed and flexibility in driving the shift towards sustainable transport solutions, Scania needs a premium and outstanding digital workplace experience, empowering each individual and allowing them to contribute with their full potential", said Jan Andries Oldenkamp, CIO at Scania.
"For this we need to leverage tools that enable individual and team productivity, nurturing creativity and collaboration, within the company as well as across ecosystems. All this must be with a strong focus on end user needs and value orientation", said Daniel Lundin, IT Director at Scania.
"Wipro understands the importance of rapid and flexible solutions to stay competitive in an everchanging global market. Through our unique approach to value driven digital workplace services, we ensure that Scania is able to meet and exceed future demands. As the partnership is based on a common foundation in how both companies emphasize sustainability and ethics, it is with great pleasure that we contribute to placing Scania as the leading accelerator of sustainable development of transport solutions", said Vinay Firake, Senior Vice President & Managing Director - Nordics, Wipro Ltd.
In relation to this partnership, Wipro will leverage its ecosystem of local and global partners to digitalize their services and future-proof Scania's workplace.
Note: The deal was mentioned in Wipro Limited's financial results announcement press release, dated April 29, 2022, for the quarter and year ended March 31, 2022 (Q4 FY21-22), without naming the customer or detailing the tenure and size of the deal.
Shares of Wipro Limited was last trading in BSE at Rs. 473.80 as compared to the previous close of Rs. 471.20. The total number of shares traded during the day was 251121 in over 9609 trades.
The stock hit an intraday high of Rs. 475.75 and intraday low of 462.15. The net turnover during the day was Rs. 118161959.00.