ANA partners with Wipro to transform materials management system

Bangalore - September 14, 2009: As part of its drive to increase its presence in the airline sector, Wipro Technologies, the global IT services business of Wipro Limited (NYSE:WIT) is strengthening its focus on the MRO (Maintenance Repair and Overhaul) space. Wipro has been able to leverage its strong technology, engineering and business process experienceto build successful relationships with and deliver transformational solutions to leading airlines globally. Wipro has engaged in one such partnership with ANA (All Nippon Airways) of Japan for 3 years, transforming ANA's material management system.

ANA, with its fleet of 209 aircraft, is the first airline in the world to procure the Boeing 787 Dreamliner. It is embarking on transforming its legacy materials management system to support the new fleet, in line with expansion of its business at Tokyo's Haneda airport with its upcoming fourt runway in 2010.

Wipro will deliver materials management system to ANA that will help proactively manage the parts life cycle. The system will strengthen regulatory compliance, predict parts demand better and help manage inventory levels. The new materials management system will be built in a scalable, flexible platform.

The state of the art system will help ANA increase its cost competitiveness, improve the quality of its aircraft part maintenance business and improve asset management. Wipro will manage the complete program, delivering services such as Application Development, Program Management and Vendor management thereby enabling ANA to gain a sustainable competitive advantage.

Commenting on selecting Wipro as a strategic partner, Mr. Takanori Yukishige, SVP ANA Information Technology Services said, "We are starting a new journey and this program will set a benchmark for our future way of doing business. We look forward to further leveraging our partnership with Wipro to gain competitive advantage."

Mr. Tetsuo Fukuda, VP ANA Engineering and Maintenance, said "Wipro's deep domain knowledge, capability to build state-of-the-art solutions and its strong leadership in global best practices helped us choose Wipro as our partner on this transformational journey."

Speaking on this prestigious contract Mr. Hiroshi Alley, President & Representative Director, Wipro Japan said, "It is a significant engagement for us and will be a driver for increased penetration in the growing Japan outsourcing market."

Mr. Anurag Seth, VP & Global Head for the Transportation Vertical, Wipro Technologies, commented that, "This partnerhip with ANA is a reflection of our experience and capability in the airline MRO space and further strengthens our position as a leader in providing transformational solutions to the airlines industry globally".

The stock closed the day at Rs.557.70, up by Rs.5.25 or 0.95%. The stock hit an intraday high of Rs.561.75 and low of Rs.548.50.

The total traded quantity was 167316 compared to 2 week average of 136835.

Source : Equity Bulls

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