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Mazda Europe Selects Wipro for Application Transformation in a Five- Year, Multi-Million Dollar Deal
Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
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Rhea-AI Summary
Wipro Limited (NYSE: WIT) has been chosen by Mazda Motor Logistics Europe to provide next-generation managed services for their entire application landscape. This partnership aims to centralize Mazda's operations, streamline business processes, and enhance efficiency through automation and agile DevOps practices. Alex Janssens from Mazda highlighted Wipro's cultural alignment and industry expertise as key factors in their selection. Wipro aims to implement innovative operating models to help Mazda achieve its long-term strategic vision.
Positive
Selected by Mazda for next-generation managed services, enhancing operational capabilities.
Focus on centralization and standardization, potentially leading to cost reductions.
Wipro’s strong credentials in the automotive sector recognized, enhancing company reputation.
Negative
None.
AMSTERDAM & BANGALORE, India & WILLEBROEK, Belgium--(BUSINESS WIRE)--
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, has announced that it has been selected by Mazda Motor Logistics Europe to deliver next generation managed services for its entire application landscape.
Mazda is currently transforming itself into a more centralized organization with harmonized business processes and standardized business capabilities, resulting in reduced cost and complexity. This strategic relationship with Wipro will help industrialize Mazda IT, digitize processes, and further enable agile DevOps ways of working while infusing state-of-the-art tools to drive automation.
Alex Janssens, Vice President, IT & Supply Logistics, Mazda Motor Logistics, Europesaid, "Mazda was looking for a partner that was culturally aligned and understood our application landscape complexity, operational nuances and business imperatives. Wipro stood out in the selection process for its best-in-class capabilities and credentials in the automotive industry, blended with a high-performance Agile, DevOps operating model and a robust automation platform to drive efficiency in Mazda’s IT operations.”
According to Sarat Chand, Vice President & Managing Director, Benelux, Wipro Limited, "This significant win is recognition of our relentless pursuit to partner with our clients in progressing their transformation agendas. Wipro will implement a high-performance operating model with new ways of working, integrating support and development functions, enabled by Wipro’s assets and IPs to accelerate value-realization for Mazda to help achieve its 2030 vision. In addition, this win is also a validation of Wipro’s focus on Belgium as a key growth market and our ambition to be a partner of choice in the Belgian market.”
About Mazda
Mazda is a Japanese multinational automaker based in Hiroshima, Japan. In 2021, Mazda produced about 1.17 million vehicles for global sales. Starting full-scale exports to the European continent in 1967, Mazda sold a total number of 189,738 vehicles in Europe in 2021. Mazda’s presence in the EU consists of its regional headquarters in Leverkusen (Germany), a Research & Design centre in Oberursel (Germany), and a logistics facility in Willebroek (Belgium) as well as national sales companies in almost all EU markets. Even without having a production facility in the EU, Mazda is the employer of more than 1,500 people across Europe and has a large network of European suppliers and business partners to ensure European customers receive their cars and parts as quickly and efficiently as possible.
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 250,000 employees and business partners across 66 countries, we deliver on the promise of helping our customers, 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.
What is Wipro's recent partnership with Mazda about?
Wipro has been selected by Mazda to deliver next-generation managed services for its application landscape, focusing on operational efficiency and digital transformation.
How will Wipro's services benefit Mazda?
Wipro's services will help Mazda centralize its operations, standardize processes, and implement agile DevOps practices to drive automation.
What does Wipro's selection by Mazda signify for the company?
It signifies recognition of Wipro's capabilities in the automotive sector and enhances its reputation as a preferred partner in digital transformation.
