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Wipro and Celonis Launch Global Celonis Center to Optimize Business Processes and Enterprise Impact

Posted On: 2021-07-21 11:34:44 (Time Zone: UTC)

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 a partnership. As a part of this collaboration, Wipro will launch the Global Celonis Center to drive operations transformation for clients. This partnership will leverage the Celonis Execution Management System and Wipro's expertise to streamline operations for clients across a range of areas, including finance, human resources, and supply chain management.

Through the Global Celonis Center, customers will be able to work with digital twins of business processes to monitor, standardize and control them. Additionally, they can identify and remove efficiency, effectiveness and experience barriers and reap the benefits of intelligent, data-driven execution. This will lead to superior customer experience, delivering enhanced business value and operational cost reduction.

The Global Celonis Center aims to provide a critical boost to global enterprises recovering from the impact of COVID-19 and looking to re-build organizational resiliency through operational transformation. It will help enterprises usher a new operating model without disrupting their long-term IT investments.

"Wipro is committed to help clients maximize their business performance and move towards customer-centric and smart operations. The strategic partnership with Celonis will enhance our capabilities in these crucial areas and reaffirm our role as a trusted partner for operations transformation. This collaboration allows us to gain unparalleled insights and a clearer view of the overall organizational processes giving us the ability to implement corrective transformation levers that make processes more efficient," said Praveen Gulabrani, General Manager & Global Head, Enterprise Operations Transformation, iCORE, Wipro Limited.

"The Wipro-Celonis partnership will help customers by providing greater access to powerful tools and capabilities including next-generation outsourcing models for data operations as a service as well as real-time process intelligence. This strategic collaboration will boost value for enterprises and help increase their competitiveness. By combining Wipro's expertise to drive SaaS-based cloud transformation and Celonis' market-leading process mining and execution management capabilities, customers will be able to accelerate their digital transformation journeys for greater savings, optimization, and defined business outcomes," said Amit Puri, Vice President & Global Head - BPO & Managed Services, Celonis.

Shares of WIPRO LTD. was last trading in BSE at Rs.568.55 as compared to the previous close of Rs. 573.6. The total number of shares traded during the day was 526340 in over 8781 trades.

The stock hit an intraday high of Rs. 578.25 and intraday low of 561.65. The net turnover during the day was Rs. 298807155.

Source: Equity Bulls

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