Wipro Technologies has signed a large multi-year contract with Royal Philips Electronics as their Global Prime Partner in its Transformational programme, the Indian IT services provider announced today.
The transformational programme of the electronics giant is geared towards enabling enhanced business growth and profitability.
"As a part of this strategic global engagement, Wipro will work with Philips on their transformational roadmap towards optimising and enhancing all their business processes of Idea to Market, Market to Order and Order to Cash across a wide spectrum of technology enabling platforms that include Integration, User Interaction and Security & Authorization," said the outsourcer in a statement. "Wipro will also be the System Integrator for key initiatives across these Philips' businesses and platforms."
"We are pleased to bring on board a valuable and like-minded partner like Wipro to help us drive our vision of sustainable growth and profitability," said Jeroen Tas, chief information officer, Royal Philips Electronics.
"Wipro will leverage its strong understanding of the business domain and capability in new and emerging technologies, to enable Philips become more agile, deliver innovative products and solutions to its customers faster and strengthen their leadership position in the market place," said N S Bala, senior vice president and global head - manufacturing and high-tech, Wipro Technologies.
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