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< News and Events

Wipro Selected as Partner in the Transformation of Aggreko’s Finance and Procurement Function

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Wipro Selected as Partner in the Transformation of Aggreko’s Finance and Procurement Function

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London, United Kingdom and Bangalore, India – Nov. 10, 2021: Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, announced that it is has been chosen as a strategic partner in the transformation of Aggreko’s Finance and Procurement function.

Aggreko, a world leader in mobile modular power, temperature control and energy services helps transform the lives and livelihoods of individuals, organisations and communities across the globe. Its Rental Solutions and Power Solutions businesses solve complex solutions across the key sectors of oil & gas, petrochemical & refining, building services & construction, utilities, events, manufacturing and mining. With projects in the world’s busiest cities to its most remote places, Aggreko operates in over 80 countries through 193 sales and service centres with around 6,000 employees worldwide.

Wipro has created a customised solution for Aggreko to automate the transactional activities of its Finance and Procurement function and improve efficiency.

Heath Drewett, Chief Financial Officer, Aggreko said, “This is a key milestone on our journey to improve both the efficiency and effectiveness of our Finance and Procurement function. Our partnership with Wipro will help transform how we operate and support our business moving forward. I am delighted to have the Wipro team, with its extensive industry knowledge and expertise, alongside us as we progress from here.”

Omkar Nisal, Managing Director, UK and Ireland, Wipro Limited said, “We are honoured to be selected as a strategic transformation partner to Aggreko’s Finance and Procurement function. The introduction of advanced technology has transformed the way we do business. Through Wipro’s customised solution, Aggreko will have instant data access, faster business processes, better reliability, and the automation of many manual tasks. We look forward to assisting Aggreko as it looks to modernise its Finance and Procurement function and thus drive greater efficiency and results for its customers.”

With Wipro’s solution, Aggreko’s Finance and Procurement capability will be standardised, simplified, automated, and modernised to suit the emerging needs of both Aggreko and its customers in the years to come.

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 220,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future. 

Media Contact:

Sandeep Deb Varman
Wipro Limited
sandeep.varman@wipro.com

Forward-Looking Statements

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.

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