Wipro Bags $100 Million Deal From Marelli
 (25).jpeg?downsize=1010:568 "Wipro Bags $100 Million Deal From Marelli")
IT major Wipro has bagged a four-year deal from the Italian unit of Marelli, an automotive parts manufacturer. The value of the deal is $100 million, according to people in the know.
The four-year project extension focuses on cloud transformation and enhanced operational efficiency to drive innovation and reduce time-to-market, said the company in a release. Wipro had first struck a software engineering contract from Marelli in 2020.
As part of this engagement, Wipro FullStride Cloud will migrate Marelli's Milan Data Centre and all their local server rooms to the Cloud to centralize their operations.
“We are excited to begin a new chapter in our strategic partnership with our trusted partner, Marelli. Our wide-ranging expertise alongside our deep understanding of their needs means we will deliver a modernization program specifically tailored to their needs,” said Graziella Neuvéglise, regional head and managing director, Southern Europe, Wipro and Executive Sponsor Marelli.
This transition to a more flexible and advanced cloud environment will enable Marelli to respond quickly to market changes, enable continuous innovation across their business, and strengthen their competitive edge. The project will help reduce the time-to-market for Marelli's products and services, said the company in a press release.
Vittorio Rossetti, Chief Digital Officer of Marelli, said “We have a long-standing partnership with Wipro. Over the years we have worked with them, the Wipro team has developed an in depth understanding of our business, which combined with their technical expertise, will help us further develop and grow our IT infrastructure.”
The project will also enhance employee support services with AI-powered virtual assistants, providing vulnerability management services, and offer application maintenance services to drive innovation, optimize costs, and reduce the need for future reworks through solutions designed for long-term efficiency.
-
Talking Points This Week: Tech Nerves, FII Buying, And A Faraway Banking Shock
The global markets are not shining this Diwali. The exception in the large markets is, India.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
-
Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.
-
Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
