San Francisco, USA and Bangalore, India, September 12, 2018:
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, and Anaplan, a pioneer in Connected Planning, today announced a partnership to deliver cloud-based Enterprise Performance Management (EPM) solutions that will simplify and automate core enterprise functions for clients, across industry sectors.
As part of this alliance, Wipro will leverage its strong consulting and execution expertise to deploy Anaplan’s Connected Planning platform across customers’ business functions.
Organizations, across industry sectors, are under pressure to upgrade their legacy EPM solutions to cloud-based solutions for faster decision-making to fuel business growth. However, the migration of enterprise applications from multiple legacy systems to cloud is cumbersome, and a resource and cost intensive process, if done manually or with several extract, transform and load (ETL) products.
Using the Wipro Enterprise Cloud Accelerator (ECA), a one-click transformation solution, customers will be able to efficiently migrate their business applications from their existing on-premise solutions to the cloud-based Anaplan Connected Planning platform.
Wipro in collaboration with Anaplan recently implemented the cloud-based, in-memory Anaplan Connected Planning solution for a leading European multinational energy management corporation. Leveraging this solution, the client achieved significant productivity gains and better utilization of their field-force through improved integration of data across different functions of their organization. The solution also helped them identify emerging business opportunities faster and thereby, strategize their investments and resource allocation more effectively.
“At Wipro, we harness leading-edge technologies to help accelerate our clients’ digital journey,” said Pallab Kumar Deb, Vice President & Global Head - Data, Analytics & AI, Wipro Limited. “Leveraging Anaplan’s flexible, scalable, and collaborative Connected Planning platform, we have helped our clients make informed decisions, and develop faster and more effective business planning processes. We look forward to building on our partnership with Anaplan to help our customers meet their enterprise planning objectives.”
“Companies make better business decisions when they connect data, people, and plans across the company,” said Steven Birdsall, Chief Revenue Officer, Anaplan. “As business process experts, Wipro understands the digital transformation process and together, we see immense opportunity to transform how closer connections between finance and operations can drive faster, more insightful decision making and concrete business impact for our customers.”
Anaplan is pioneering the category of Connected Planning. Our platform, powered by our proprietary Hyperblock technology, purpose-built for Connected Planning, enables dynamic, collaborative, and intelligent planning. Large global enterprises use our solution to connect people, data, and plans to enable real-time planning and decision-making in rapidly changing business environments to give our customers a competitive advantage. Based in San Francisco, we are a privately-held growth company with 18 offices globally, 175 partners, and more than 900 customers worldwide. To learn more, visit anaplan.com.
About Wipro Limited
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 160,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.
Forward-looking and Cautionary Statements
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property, and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.