Bangalore, India—July 24, 2012—IT, consulting and outsourcing company Wipro Technologies (of Wipro Ltd.) signed a large multi-year contract with Royal Philips Electronics as their global prime partner in its transformational program towards enabling enhanced business growth and profitability.
“As Philips continues to drive performance improvements across its businesses, we would like to reiterate our commitment to invest in innovation and customer intimacy that are at the heart of our transformational program,” said Jeroen Tas, Chief Information Officer, Royal Philips Electronics. “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.”
Wipro will work with Philips on their transformational roadmap towards optimizing 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. Wipro will also be the system integrator for key initiatives across these Philips’ businesses and platforms.
“We are delighted to have been chosen as a strategic global prime partner by Philips in their transformational journey,” said N S Bala, Senior Vice President and Global Head, Manufacturing and High-Tech, Wipro Technologies. “Wipro will leverage its strong understanding of the business domain and capability in new and emerging technologies, to enable Philips to become more agile, deliver innovative products and solutions to its customers faster and strengthen their leadership position in the market place.”