Wipro and Marelli Create First Cabin Digital Twin Viable Product

Rhea-AI Summary

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) has supported Marelli Electronic Systems in the development of its Cabin Digital Twin, reducing development time and costs by nearly 70%. This enables OEMs to introduce connected vehicle services quickly, leveraging Wipro's AI/ML ecosystem and accelerator solutions.

Positive

• Wipro's support in developing the Cabin Digital Twin has reduced development time and associated costs by nearly 70%
• Marelli leveraged Wipro's cloud car and AI/ML ecosystem to deliver a smart, automated cloud-based solution for testing, validating, and updating Software-Defined Vehicle (SDV) features

Negative

• None.

Wipro Engineering Edge supports Marelli to build its Cabin Digital Twin, reducing development time and associated costs by nearly 70%

PARIS & BENGALURU, India--(BUSINESS WIRE)-- Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, has supported Marelli Electronic Systems, a leading mobility technology supplier to the automotive sector, in the development of its Cabin Digital Twin, that enables Original Equipment Manufacturers (OEMs) to introduce connected vehicle services to the market quickly.

The growing complexity of software and data requires the automotive industry to build deep software competence in the cloud while also maintaining cost efficiencies, reducing deployment time, and enabling frequent updates throughout a vehicle’s lifetime.

To better address these industry concerns, Marelli leveraged Wipro Cloud car to develop the first cabin digital twin viable product. Wipro’s extensive AI/ML ecosystem, as well as its accelerator solutions, helped Marelli deliver a smart, automated cloud-based solution that can test, validate, and update Software-Defined Vehicle (SDV) features, reducing the time it takes to release new software updates to the market.

Further, Wipro leveraged its cloud and containerized microservices, to enable Marelli to accelerate the implementation of new features, yield significant cost savings, reduce project completion time, and streamline software updates to help OEMs quickly address customer demands.

“This initiative with Marelli leverages our software engineering expertise and brings to market a connected, cloud-native solution,” said Yves-Antoine Brun, Vice President, Head of Wipro Engineering Edge Europe, Wipro Limited. “Combining traditional solutions with innovative platforms, we are thrilled to help the automotive industry redefine next generation driving experiences and enable them to deliver a better car every day.”

Roberto Secchi, Head of Software Platform and DevOps, Marelli Electronic Systems, said, “We are excited to continue our multi-year partnership with Wipro. Marelli has already made significant strides in the SDV field, thanks to focused investments and the exploration of numerous business opportunities, driven by a passion for innovation. Wipro’s broad SDV talent pool has been essential in helping us create this latest ground-breaking innovation.”

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 nearly 245,000 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231208162598/en/

Laura Barnes

Wipro Limited

laura.barnes@wipro.com

Source: Wipro Limited

FAQ

What is the company name and ticker symbol mentioned in the press release?

The company mentioned is Wipro Limited with ticker symbols NYSE: WIT, BSE: 507685, NSE: WIPRO.

How did Wipro support Marelli Electronic Systems?

Wipro supported Marelli in developing its Cabin Digital Twin, reducing development time and costs by nearly 70%.

What are the benefits of the Cabin Digital Twin developed with Wipro's support?

The Cabin Digital Twin enables OEMs to introduce connected vehicle services quickly, leveraging Wipro's AI/ML ecosystem and accelerator solutions.

Who are the key personnel quoted in the press release?

Yves-Antoine Brun, Vice President, Head of Wipro Engineering Edge Europe, Wipro Limited and Roberto Secchi, Head of Software Platform and DevOps, Marelli Electronic Systems.

What are the key technologies leveraged by Wipro to support Marelli?

Wipro leveraged its cloud and containerized microservices to enable Marelli to accelerate the implementation of new features, yield significant cost savings, reduce project completion time, and streamline software updates.