Wipro Selected as Partner in the Transformation of Aggreko's Finance and Procurement Function

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, announced that it is has been chosen as a strategic partner in the transformation of Aggreko's Finance and Procurement function.

Aggreko, a world leader in mobile modular power, temperature control and energy services helps transform the lives and livelihoods of individuals, organisations and communities across the globe. Its Rental Solutions and Power Solutions businesses solve complex solutions across the key sectors of oil & gas, petrochemical & refining, building services & construction, utilities, events, manufacturing and mining. With projects in the world's busiest cities to its most remote places, Aggreko operates in over 80 countries through 193 sales and service centres with around 6,000 employees worldwide.

Wipro has created a customised solution for Aggreko to automate the transactional activities of its Finance and Procurement function and improve efficiency.

Heath Drewett, Chief Financial Officer, Aggreko said, "This is a key milestone on our journey to improve both the efficiency and effectiveness of our Finance and Procurement function. Our partnership with Wipro will help transform how we operate and support our business moving forward. I am delighted to have the Wipro team, with its extensive industry knowledge and expertise, alongside us as we progress from here."

Omkar Nisal, Managing Director, UK and Ireland, Wipro Limited said, "We are honoured to be selected as a strategic transformation partner to Aggreko's Finance and Procurement function. The introduction of advanced technology has transformed the way we do business. Through Wipro's customised solution, Aggreko will have instant data access, faster business processes, better reliability, and the automation of many manual tasks. We look forward to assisting Aggreko as it looks to modernise its Finance and Procurement function and thus drive greater efficiency and results for its customers."

With Wipro's solution, Aggreko's Finance and Procurement capability will be standardised, simplified, automated, and modernised to suit the emerging needs of both Aggreko and its customers in the years to come.

Shares of Wipro Limited was last trading in BSE at Rs. 652.80 as compared to the previous close of Rs. 658.15. The total number of shares traded during the day was 323256 in over 3925 trades.

The stock hit an intraday high of Rs. 658.70 and intraday low of 651.35. The net turnover during the day was Rs. 211912152.00.

Source : Equity Bulls

Keywords

WiproLimited INE075A01022 WIPRO StrategicPartner Aggreko