Montreal, Canada and Bangalore, India – August 07, 2019:
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global Information technology, consulting and business process services company, announced that ADM Aéroports de Montréal has awarded a five-year strategic IT and business transformation contract to Wipro. ADM operates YUL Montreal-Trudeau International Airport, the third-largest airport in Canada, and YMX International Aérocity of Mirabel.
This partnership will transform ADM’s airport operations through Wipro’s integrated service delivery model, airport domain expertise and hyper-automation powered by the Wipro HOLMESTM artificial intelligence platform. The engagement will drive operational excellence, enhance user experience, catalyze the transformation of business processes and will foster innovation at ADM by leveraging technologies such as AI, cloud, analytics, IoT, Augmented Reality (AR), Virtual Reality (VR) and drones. The contract will also deliver ready-to-deploy digital airport assets, enabled by an ASQ-driven framework, to help ADM realize its vision of making YUL a world leader in terms of passenger experience and airport operations.
“YUL is experiencing strong and sustained growth in passenger traffic. In that context, technology will be used as a key enabler in improving operational efficiency and passenger experience. The digital evolution that will take place in collaboration with Wipro will allow us to offer services that are even more effective in meeting the needs of travellers. This partnership will also enable ADM to benefit from Wipro’s technological expertise gained through its work with many other international airports,” said Ginette Maillé, Vice President, Finance and Administration and Chief Financial Officer, ADM.
Aymeric Dussart, Director-Technology & Innovation, ADM said, “This partnership will enable ADM to achieve its digital ambitions and pursue the technological developments required to meet the growing demand for travel and the new expectations of our passengers, who are now hyper-connected and looking for tailor-made experiences.”
N S Bala, President - Energy, Natural Resources, Utilities & Construction Strategic Business Unit, Wipro Limited said, “We are delighted to be selected as ADM’s strategic IT and business transformation partner and look forward to supporting them in their digital endeavors and strengthening the customer-centricity of their business. Our digital capabilities and extensive experience in working with some of the biggest airports in the world positions us well for this engagement. This partnership is a testament to the value we bring to the airports industry and our growing footprint in Canada, a strategic market for us.”
Sahadev Singh, Vice President & Global Head - Engineering, Construction & Operations, Wipro Limited, said, “We are excited to work with ADM and help catalyze their digital journey. We are confident that our deep knowledge of airport operations, industry best practices and rich experience in delivering outcome-based services to leading global airports will help us deliver significant value to ADM and its stakeholders.”
Wipro offers end-to-end solutions including strategy, IT, operations, and digital services that help airports increase their revenue, enhance passenger experience, improve operational efficiency and transform IT operations. The company has proven expertise in digital airport and smart airport frameworks, core airport services and airport solutions.
Wipro commenced its operations in Canada in 1996, and currently has operations in Toronto, Ottawa, Edmonton, Calgary and Montreal. Wipro works with leading companies in Canada across banking, airports, utilities, oil & gas sectors, and Crown corporations.
Note: This deal was mentioned in Wipro Limited's financial results announcement press release, dated July 17, 2019, for the quarter ended June 30, 2019 (Q1 FY19-20), with a description of Aéroports de Montréal, but without naming the company.
About Aéroports de Montreal
ADM Aéroports de Montréal is the airport authority for the Greater Montréal area responsible for the management, operation, and development of YUL Montréal-Trudeau International Airport and the YMX International Aerocity of Mirabel.
ADM has embarked on an ambitious corporate transformation journey, with the goal of consolidating YUL’s status as a major transportation hub for North American and International flights by driving improved customer experience, increased operational efficiencies, improved asset utilization, and improved ability to provide connections from its global destination to Canadian and US cities.
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 170,000 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.