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Marelli Extends Relationship with Wipro for Continued Evolution of IT Infrastructure

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Wipro has extended its partnership with Marelli, a global automotive solutions leader, for four additional years. The project focuses on migrating Marelli's Milan Data Centre and local server rooms to the Cloud through Wipro FullStride Cloud services. This cloud transformation aims to centralize operations, provide a more agile ecosystem, and enable faster market response. The initiative includes implementing AI-powered virtual assistants for employee support, vulnerability management services, and comprehensive application maintenance. The modernization project is expected to generate significant operational savings and reduce time-to-market for Marelli's products and services.

Wipro ha esteso la sua partnership con Marelli, leader globale nelle soluzioni automotive, per altri quattro anni. Il progetto si concentra sulla migrazione del Data Center di Marelli a Milano e delle sale server locali verso il Cloud attraverso i servizi Wipro FullStride Cloud. Questa trasformazione cloud mira a centralizzare le operazioni, fornire un ecosistema più agile e consentire una risposta più rapida al mercato. L'iniziativa include l'implementazione di assistenti virtuali potenziati dall'IA per il supporto ai dipendenti, servizi di gestione delle vulnerabilità e una manutenzione delle applicazioni completa. Si prevede che il progetto di modernizzazione generi significativi risparmi operativi e riduca il time-to-market per i prodotti e i servizi di Marelli.

Wipro ha ampliado su asociación con Marelli, un líder global en soluciones automotrices, por cuatro años adicionales. El proyecto se centra en la migración del Centro de Datos de Marelli en Milán y las salas de servidores locales a la Nube a través de los servicios Wipro FullStride Cloud. Esta transformación en la nube tiene como objetivo centralizar las operaciones, proporcionar un ecosistema más ágil y permitir una respuesta más rápida al mercado. La iniciativa incluye la implementación de asistentes virtuales impulsados por IA para el apoyo a empleados, servicios de gestión de vulnerabilidades y un mantenimiento integral de aplicaciones. Se espera que el proyecto de modernización genere importantes ahorros operativos y reduzca el tiempo de lanzamiento al mercado para los productos y servicios de Marelli.

Wipro는 글로벌 자동차 솔루션 리더인 Marelli와의 파트너십을 추가로 4년 연장했습니다. 이 프로젝트는 Wipro FullStride Cloud 서비스를 통해 Marelli의 밀라노 데이터 센터 및 로컬 서버룸을 클라우드로 이전하는 데 중점을 두고 있습니다. 이 클라우드 전환의 목표는 운영을 중앙 집중화하고, 더 민첩한 생태계를 제공하며, 시장 대응 속도를 높이는 것입니다. 이 이니셔티브에는 직원 지원을 위한 AI 기반 가상 비서 구현, 취약성 관리 서비스 및 종합적인 애플리케이션 유지 관리가 포함됩니다. 현대화 프로젝트는 상당한 운영 비용 절감과 Marelli 제품 및 서비스의 시장 출시 시간을 단축할 것으로 예상됩니다.

Wipro a prolongé son partenariat avec Marelli, un leader mondial des solutions automobiles, pour quatre années supplémentaires. Le projet vise à migrer le centre de données de Marelli à Milan et les salles de serveurs locales vers le Cloud via les services Wipro FullStride Cloud. Cette transformation cloud a pour objectif de centraliser les opérations, de fournir un écosystème plus agile et de permettre une réponse plus rapide au marché. L'initiative comprend la mise en œuvre d'assistants virtuels alimentés par l'IA pour le soutien des employés, des services de gestion des vulnérabilités et une maintenance complète des applications. Le projet de modernisation devrait générer des économies opérationnelles significatives et réduire le délai de mise sur le marché des produits et services de Marelli.

Wipro hat seine Partnerschaft mit Marelli, einem globalen Marktführer im Bereich Automobiltechnologie, um weitere vier Jahre verlängert. Das Projekt konzentriert sich auf die Migration des Marelli-Rechenzentrums in Mailand und der lokalen Serverräume in die Cloud mithilfe der Wipro FullStride Cloud-Dienste. Diese Cloud-Transformation zielt darauf ab, die Betriebsabläufe zu zentralisieren, ein agileres Ökosystem zu schaffen und eine schnellere Reaktion auf den Markt zu ermöglichen. Zu den Maßnahmen gehören die Implementierung von KI-gestützten virtuellen Assistenten zur Unterstützung der Mitarbeiter, Dienstleistungen zur Verwaltung von Sicherheitsanfälligkeiten sowie umfassende Anwendungswartung. Das Modernisierungsprojekt wird voraussichtlich erhebliche betriebliche Einsparungen und eine verkürzte Markteinführungszeit für die Produkte und Dienstleistungen von Marelli generieren.

Positive
  • Multi-year contract extension securing long-term revenue
  • Expansion of services scope including cloud migration and AI implementation
  • Project expected to deliver significant operational savings
Negative
  • None.

Insights

This strategic cloud transformation deal with Marelli represents a significant long-term revenue opportunity for Wipro. The four-year extension demonstrates client confidence and deepens Wipro's footprint in the automotive technology sector. The project scope includes critical infrastructure migration, AI implementation and comprehensive application maintenance.

The deal's value proposition centers on operational cost reduction and efficiency gains through cloud adoption. Migration of Milan Data Centre and local server rooms will create a centralized, agile infrastructure that can drive faster product development cycles for Marelli. The implementation of AI-powered virtual assistants and vulnerability management services adds recurring revenue streams.

While specific financial terms aren't disclosed, infrastructure modernization projects of this scale typically represent multi-million dollar engagements. The long-term nature and comprehensive scope suggest stable revenue visibility for Wipro's cloud services division.

The four-year project extension focuses on cloud transformation and enhanced operational efficiency to drive innovation and reduce time-to-market

PARIS & BENGALURU, India--(BUSINESS WIRE)-- Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, has today announced the extension of its work with Marelli, a global leader in automotive solutions, for an additional four years.

As part of this engagement, Wipro FullStride Cloud will migrate Marelli’s Milan Data Centre and all their local server rooms to the Cloud to centralize their operations and provide a more agile and stable ecosystem.

This transition to a more flexible and advanced cloud environment will empower Marelli to respond quickly to market changes, enable continuous innovation across their business, and strengthen their competitive edge. Ultimately, the project will help reduce the time-to-market for Marelli's products and services, creating long-term value for all stakeholders, continuing to advance Marelli's journey towards modernization and growth.

“We are excited to begin a new chapter in our strategic partnership with our trusted partner, Marelli. Our wide-ranging expertise alongside our deep understanding of their needs means we will deliver a modernization program specifically tailored to their needs. Our relationship is built on mutual trust and a willingness to support them realize their ambitions,” said Graziella Neuvéglise, Regional Head & Managing Director, Southern Europe, Wipro and Executive Sponsor Marelli.

The project will also enhance employee support services with AI-powered virtual assistants, providing vulnerability management services, and offer comprehensive application maintenance services to drive innovation, optimize costs, and reduce the need for future reworks through solutions designed for long-term efficiency. Overall, the modernization project is expected to deliver significant operational savings.

Vittorio Rossetti, Chief Digital Officer of Marelli, said “We have a long-standing partnership with Wipro. Over the years we have worked with them, the Wipro team has developed an in-depth understanding of our business, which combined with their technical expertise, will help us further develop and grow our IT infrastructure.”

About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading technology services and consulting company focused on building innovative solutions that address clients’ most complex digital transformation needs. Leveraging our holistic portfolio of capabilities in consulting, design, engineering, and operations, we help clients realize their boldest ambitions and build future-ready, sustainable businesses. With over 230,000 employees and business partners across 65 countries, we deliver on the promise of helping our clients, colleagues, and communities thrive in an ever-changing world. For additional information, visit us at www.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.

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.

Media Contact:

Wipro Media Relations

media-relations@wipro.com

Source: Wipro Limited

FAQ

What is the duration of Wipro's (WIT) extended contract with Marelli?

Wipro's contract with Marelli has been extended for four additional years.

What services will Wipro (WIT) provide to Marelli in the extended contract?

Wipro will provide cloud migration services for Marelli's Milan Data Centre, AI-powered virtual assistants, vulnerability management, and application maintenance services.

What are the expected benefits of Wipro's (WIT) modernization project for Marelli?

The project is expected to deliver significant operational savings, reduce time-to-market, provide a more agile ecosystem, and enable faster market response.

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