Wipro Signs 5-Year IT Transformation Agreement with Vorwerk

Wipro Limited has entered into a 5-year agreement with Vorwerk, a direct sales company based in Germany, to manage and transform its IT infrastructure. The financial terms of the contract have not been disclosed.

As of 10:18 AM on April 29, Wipro share price was trading at ₹241.05, up 0.23%, down 14.25% over the past six months, and up 4.13% over the past year.

Project Details

Under the agreement, Wipro will consolidate Vorwerk’s business applications, IT infrastructure, and cybersecurity systems into a single monitoring platform. The aim is to improve operational visibility and work on cyber-risk management.

Wipro will use its AI-powered infrastructure operations solution to manage Vorwerk’s IT systems. As part of the engagement, Wipro will also assist Vorwerk in updating its customer engagement strategies and standardising its product portfolio.

Additional Plans

The engagement includes building an end-to-end support portal to improve the experience for users within Vorwerk’s technology environment. Wipro will work with Vorwerk’s existing technology partners to support product development initiatives focused on quicker time to market.

The companies plan to jointly develop IT strategies to support Vorwerk’s digital transformation goals.

Company Statements

Jörg Kohlenz, Managing Director and Group CIO at Vorwerk Services GmbH, said the partnership focuses on developing IT solutions through transparent collaboration.

“We are proud to be Vorwerk’s partner of choice. This long-term programme leverages our AI-powered solutions, coupled with our deep consulting-led sectoral knowledge, to realise Vorwerk’s business transformation ambitions,” said Ann-Kathrin Sauthoff-Bloch, Regional Head and Managing Director, Germany and Austria, Wipro Limited.

Read More: Wipro Unveils GitHub Centre of Excellence to Boost AI Development

About the Companies

Vorwerk was founded in 1883 in Wuppertal, Germany. The company operates in more than 61 countries and specialises in household appliances such as the Thermomix® and Kobold systems. Vorwerk reported consolidated sales of EUR 3.2 billion for the year 2023.

Wipro Limited is a technology services and consulting company with a workforce of over 230,000 employees and business operations across 65 countries.

Conclusion

The five-year partnership covers IT infrastructure modernisation, cybersecurity integration, the launch of a support portal, and collaboration on product development initiatives.

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