New York, USA and Bangalore, India – July 21, 2021: Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company and Celonis, the global leader in execution management, today announced a partnership. As a part of this collaboration, Wipro will launch the Global Celonis Center to drive operations transformation for clients. This partnership will leverage the Celonis Execution Management System and Wipro’s expertise to streamline operations for clients across a range of areas, including finance, human resources, and supply chain management.
Through the Global Celonis Center, customers will be able to work with digital twins of business processes to monitor, standardize and control them. Additionally, they can identify and remove efficiency, effectiveness and experience barriers and reap the benefits of intelligent, data-driven execution. This will lead to superior customer experience, delivering enhanced business value and operational cost reduction.
The Global Celonis Center aims to provide a critical boost to global enterprises recovering from the impact of COVID-19 and looking to re-build organizational resiliency through operational transformation. It will help enterprises usher a new operating model without disrupting their long-term IT investments.
“Wipro is committed to help clients maximize their business performance and move towards customer-centric and smart operations. The strategic partnership with Celonis will enhance our capabilities in these crucial areas and reaffirm our role as a trusted partner for operations transformation. This collaboration allows us to gain unparalleled insights and a clearer view of the overall organizational processes giving us the ability to implement corrective transformation levers that make processes more efficient,” said Praveen Gulabrani, General Manager & Global Head, Enterprise Operations Transformation, iCORE, Wipro Limited.
“The Wipro-Celonis partnership will help customers by providing greater access to powerful tools and capabilities including next-generation outsourcing models for data operations as a service as well as real-time process intelligence. This strategic collaboration will boost value for enterprises and help increase their competitiveness. By combining Wipro’s expertise to drive SaaS-based cloud transformation and Celonis’ market-leading process mining and execution management capabilities, customers will be able to accelerate their digital transformation journeys for greater savings, optimization, and defined business outcomes,” said Amit Puri, Vice President & Global Head – BPO & Managed Services, Celonis.
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 200,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.
The forward-looking statements contained herein represent Wipro’s beliefs regarding future events, many of which are by their nature, inherently uncertain and outside Wipro’s control. Such statements include, but are not limited to, statements regarding Wipro’s growth prospects, its future financial operating results, and its plans, expectations and intentions. Wipro cautions readers that the forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from the results anticipated by such statements. Such risks and uncertainties include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, complete proposed corporate actions, 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. The conditions caused by the COVID-19 pandemic could decrease technology spending, adversely affect demand for our products, affect the rate of customer spending and could adversely affect our customers’ ability or willingness to purchase our offerings, delay prospective customers’ purchasing decisions, adversely impact our ability to provide on-site consulting services and our inability to deliver our customers or delay the provisioning of our offerings, all of which could adversely affect our future sales, operating results and overall financial performance. Our operations may also be negatively affected by a range of external factors related to the COVID-19 pandemic that are not within our control. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission, including, but not limited to, Annual Reports on Form 20-F. 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.