Wipro Partners with Reltio for Next Generation Master Data Management and Data-Driven Applications
Redwood Shores, CA, USA and Bangalore, India - September 15, 2016: Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, and Reltio, an enterprise data-driven applications and modern data management Platform as a Service (PaaS) company, today announced a partnership to develop faster and cost effective Master Data Management (MDM) solutions. This partnership will help Reltio and Wipro's clients bridge the gap between data and insights by boosting the reliability of information, while ensuring users get access to relevant data.
This alliance will enable the use of modern MDM architecture with big data technologies to deliver pre-configured, industry-specific data models in an accelerated timeframe. The joint offering will also help customers stave off scale and performance challenges by leveraging next generation technologies such as Big Data, NoSQL, Analytics, and Machine Learning.
"We are excited to partner with Reltio, which has superior technology offerings for next-generation master data management. Wipro's experience in global MDM implementations and machine learning coupled with Reltio's big data technology and unique commercial graph offering will help our clients decipher complex relationships between their customers, accounts and products. And significantly improve how they derive business benefits out of big data insights," said Pallab Deb, Vice President & Global Head - Analytics, Wipro Limited.
The partnership will offer enterprise users real-time access and easy integration with Reltio Cloud, which also features a built-in data-as-a- service, which provides access to third party premium data sources. The companies will jointly deliver solutions that bring modern data management and data-driven applications to market.
Commenting on the partnership, Vasu Vallurupalli, Vice President - Alliances, Reltio said, "Wipro has differentiated expertise in delivering best-in-class MDM implementations across industry sectors. Using their rich experience in MDM and Reltio's modern data management platform and data-driven applications, organizations can truly unlock the power of their data and successfully address complex business challenges."
Analyst firm Gartner suggests even though the MDM ESP market is rapidly gaining popularity and momentum in the overall information infrastructure space, it is still in the adolescent phase of maturity (with a market penetration of less than 20% of the possible target audience), and Gartner predicts that it will take around five to 10 years to reach mainstream adoption.1
Reltio's ability to go beyond MDM has changed the landscape of data management. Reltio Cloud was most recently named a leader in the The Forrester Wave™: Master Data Management Q1 2016 report.
Wipro's expertise in MDM along with Reltio's products is poised to help customers reap the benefits of the early adoption, and provide them with a future-proofed investment that extends way beyond typical MDM.
1Gartner “Market Guide for MDM External Service Providers” Bill O'Kane et al, 25 February 2016
About Wipro Limited
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading information technology, consulting and business process services company that delivers solutions to enable its clients do business better. Wipro delivers winning business outcomes through its deep industry experience and a 360 degree view of “Business through Technology." By combining digital strategy, customer centric design, advanced analytics and product engineering approach, Wipro helps its clients create successful and adaptive businesses. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, Wipro has a dedicated workforce of over 170,000, serving clients across 6 continents. For more information, please visit www.wipro.com
Reltio delivers reliable data, relevant insights and recommended actions so companies can be right faster. Reltio Cloud combines data-driven applications with modern data management for better planning, customer engagement and risk management. Reltio enables IT to streamline data management for a complete view across all sources and formats at scale, while sales, marketing and compliance teams use data-driven applications to predict, collaborate and respond to opportunities in real-time. Companies of all sizes, including leading Fortune 500 companies in healthcare and life sciences, media & entertainment, hospitality, distribution and retail rely on Reltio. For more information, visit www.reltio.com
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