Wipro builds a new IT Infrastructure for Stockholm Exergi

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, today announced that it has helped Stockholm Exergi AB, Stockholm's energy company, to build a new Information Technology (IT) infrastructure, helping it take a significant step toward achieving its, and Stockholm City's, overall climate transformation targets.

Stockholm Exergi provides reliable access to heating, electricity, cooling, and waste management services in the expanding Stockholm region. After a change in ownership, the company had to build a new IT environment, which included migrating its applications and users, implementing a new Enterprise Resource Planning (ERP) system, and modernizing its Operational Technology (OT) infrastructure.

Wipro worked with Stockholm Exergi to migrate to a new IT infrastructure to modernize and manage its IT and OT application environment, while leveraging the extensive industry 4.0 capabilities of Wipro Engineering Edge. The project was designed to provide Stockholm Exergi with agile and resilient IT infrastructure and operations, while allowing them to deliver faster, better, and uninterrupted services to Stockholm residents.

"We are happy to support Stockholm Exergi's mission of building Stockholm into an attractive and sustainable place in its journey to become the world's first climate-positive capital city," said Vinay Firake, Sr. Vice President & Managing Director Nordics, Wipro Limited. "Our comprehensive application management and support services will ground Exergi's business in innovation and efficiency to realize their ambitions. Overall, with Wipro's partnership, Stockholm Exergi will meet residents' expectations for comprehensive offerings and solutions with increased digitization, positioning them to become the energy company of the future."

Wipro also provided Stockholm Exergi with end-to-end application management and supported the development of business and plant applications, as well as IT management services. The Wipro team assisted in user management, application modernization, and application monitoring. Further, using automation technology, Wipro helped Stockholm Exergi enhance the end-user experience, reduce turnaround times, increase security, and improve compliance.

Jimmy Renström, IT Director, Stockholm Exergi AB said, "During the last 2 years, we have completed a tough transition from Fortum to a standalone company, during the IT transition, Wipro has been instrumental in supporting us. We are now at a stage where, together with Wipro, we are looking ahead to strengthen Exergi IT services and to ensure even more value realization out of IT.

Shares of Wipro Limited was last trading in BSE at Rs. 395.95 as compared to the previous close of Rs. 402.15. The total number of shares traded during the day was 465250 in over 8228 trades.

The stock hit an intraday high of Rs. 403.60 and intraday low of 395.60. The net turnover during the day was Rs. 185097644.00.

Source : Equity Bulls

Keywords

Wipro INE075A01022 ITInfrastructure StockholmExergi