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Wipro and Celonis Launch Supply Chain Command Center Solution
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
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Rhea-AI Summary
Wipro Limited (NYSE: WIT) and Celonis have launched the Supply Chain Command Center, aimed at transforming supply chain management. The solution helps organizations to identify and resolve process inefficiencies, enhance productivity, and manage risks. It operates across planning, sourcing, developing, and delivering stages, allowing companies to adopt the service without upfront investment. This partnership reflects Wipro's commitment to driving digital transformation through innovative solutions, especially post-pandemic, providing enterprises with improved insights and automation opportunities.
Positive
Launch of Supply Chain Command Center enhances supply chain efficiency.
No upfront investments required for the solution.
Joint offering utilizes data and process intelligence for better business insights.
Negative
None.
NEW YORK & BANGALORE, India--(BUSINESS WIRE)--
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, and Celonis, the global leader in execution management, today announced the launch of the Supply Chain Command Center to help organizations drive supply-chain transformation.
The solution enables companies to automatically identify and fix process bottlenecks and inefficiencies, gain powerful business insights, open new growth opportunities, manage risks and maintain business continuity even in disruptive times. It improves the supply-chain efficiency by working across the four stages - planning, sourcing, developing and delivering.
The Supply Chain Command Center combines a range of business-critical capabilities, from process KPI benchmarks to process optimization in transformation programs. Enterprises can leverage ready-to-use models for process maturity level assessment, custom code analysis, and automation opportunities. The solution is offered as-a-service without any upfront investments.
Harish Dwarkanhalli, President - Applications & Data, iDEAS, Wipro Limited, said: “Supply chain management has long been a priority for global businesses, but the need to transform the supply chain has dramatically increased due to the pandemic. Our joint solution enables businesses to reimagine and retransform the supply chain process, using data and process intelligence across large transformation projects. We are pleased to partner with Celonis to bring this innovative solution to companies around the globe.”
Amit Puri, Global Vice President & Head – BPO & Managed Services, Celonis, added: “Since announcing our global partnership earlier this year, Wipro and Celonis are jointly driving next-gen digital transformation impact for global customers. Supply Chain Command Center solution is our new joint offering that is helping enterprises optimize their supply chain management transformation initiatives. The powerful combination of Celonis Execution Management System (EMS) with Wipro’s domain expertise and advanced augmented intelligence capabilities of Wipro Holmes, enables us to unlock faster value for our customers across every industry segment and accelerate supply chain transformation through data-driven business execution.”
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.
About Celonis
Celonis helps organizations to execute on their data. Powered by its market-leading process mining core, the Celonis Execution Management System provides a set of applications, a developer studio and platform capabilities for business executives and users to eliminate billions in corporate inefficiencies, provide better customer experience and reduce carbon emissions. Celonis has thousands of global customers and is headquartered in Munich, Germany and New York City, USA with 16 offices worldwide.
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.
