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Wipro Expands Partnership with Marelli for Cloud Migration and Modernisation

27 November 20243 mins read by Angel One
Wipro extends its partnership with Marelli to modernise operations via cloud migration, boosting agility, innovation, and operational efficiency.
Wipro Expands Partnership with Marelli for Cloud Migration and Modernisation
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Wipro Limited announced that it has extended its partnership with Marelli, a global leader in automotive solutions, for an additional 4 years.

Partnership Details

As part of this extended engagement, Wipro FullStride Cloud will migrate Marelli’s Milan Data Centre and local server rooms to the cloud, centralising operations to create a more agile and stable ecosystem. This transition to a modern, flexible cloud environment will enable Marelli to quickly adapt to market changes, fostering continuous innovation and strengthening its competitive edge.

The project is designed to improve product and service time-to-market, delivering long-term value for stakeholders and advancing Marelli’s modernisation and growth. The initiative will also enhance employee support services through AI-powered virtual assistants, offering vulnerability management services and comprehensive application maintenance. This will drive innovation, optimise costs, and minimise the need for future reworks, ensuring long-term efficiency. Overall, the modernisation project is expected to yield substantial operational savings, contributing significantly to Marelli’s continued success and technological advancement.

Management Commentary

Graziella Neuvéglise, Regional Head and Managing Director, Southern Europe, Wipro and

Executive Sponsor Marelli, said, “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 modernisation program specifically tailored to their needs. Our relationship is built on mutual trust and a willingness to support them to realise their ambitions.”

Vittorio Rossetti, Chief Digital Officer of Marelli, stated, “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.”

On November 27, 2024, Wipro share price opened at ₹591.50, touching the day’s low at ₹586.20, as of 10:57 AM on the NSE.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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