Wipro Partners with Jubilant FoodWorks to Reduce Energy and Operational Costs
March 28 2016 - 9:30AM
Business Wire
Wipro Ltd. (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading
global information technology, consulting and business process
services company, today announced a five-year partnership with
Jubilant FoodWorks Limited, master franchisee for Domino’s Pizza
and Dunkin’ Donuts in India and the leader in the Quick Service
Restaurant (QSR) space in the country with over 1000 restaurants in
India, to deliver energy management services and help reduce its
energy and operational costs.
The EcoEnergy business of Wipro rolled out its multi-year
Managed Restaurant Energy Services (MRES) program last year
leveraging its unique Service Window™ framework. The MRES program
will ensure effective sustenance of energy cost reduction by a
three-pronged restaurant energy control approach; Intelligent Site
Automation, a ready-to-use intelligence to crew and technicians
through its intuitive Wipro Energy Manager (WEM) Application Suite,
and a centralized Energy Operations Center (EOC) for big data
analytics that further enables enhanced asset performance, improved
customer delight and better food storage compliance.
Speaking on the initiative, Ajay Kaul, Chief Executive
Officer, Jubilant FoodWorks Limited, said, “We are delighted to
partner with Wipro towards site intelligence improvement and for
designing site optimization solutions for our restaurants in India.
Currently we have rolled out across 400 restaurants with a view to
roll out across the remaining 600+ in the coming months. Technology
is the backbone of our operational delivery and we are confident
that Wipro’s turnkey approach, with deep focus on analytics, will
help our restaurants to continue setting new operational benchmarks
supporting profitable growth and at the same time committing to an
environment-friendly future. This has been validated by the early
results that we are seeing in restaurants where the program has
already been rolled out.”
Dr. Anurag Srivastava, Senior Vice President and Head -
Business Outcome Services, Wipro Limited, said, “We are
excited about this partnership and will leverage our global QSR
sector experience to assist Jubilant FoodWorks reduce their rising
energy costs. We will include analytics and IoT technologies to
improve various aspects like food safety and guest experience in
order to reduce overall maintenance costs and help in maintaining
their market leadership position in the QSR market in India.”
About Wipro Ltd.
Wipro Ltd. (NYSE:WIT) is a leading information technology,
consulting and business process services company that delivers
solutions to enable its clients to do business better. Wipro
delivers winning business outcomes through its deep industry
experience and a 360 degree view of "Business through Technology.”
By combining digital strategy, customer centric design, advanced
analytics and product engineering approach, Wipro helps its clients
create successful and adaptive businesses. A company recognized
globally for its comprehensive portfolio of services, strong
commitment to sustainability and good corporate citizenship, Wipro
has a dedicated workforce of over 160,000, serving clients in 175+
cities across 6 continents. For more information, please visit
www.wipro.com.
About Jubilant FoodWorks Limited
Jubilant FoodWorks Limited (JFL/Company) is part of Jubilant
Bhartia group and India’s largest food service company, with a
network of 1004 Domino’s Pizza restaurants across 230 cities (as of
February 11, 2016). The Company & its subsidiary have the
exclusive rights to develop and operate Domino’s Pizza brand in
India, Sri Lanka, Bangladesh and Nepal. At present it operates in
India and Sri Lanka. The Company is the market leader in the
chained pizza market with ~72% market share in India (as per Euro
Monitor Consumer Food Service Report, 2015). The Company also has
exclusive rights for developing and operating Dunkin’ Donuts
restaurants for India and has launched 70 Dunkin’ Donuts
restaurants across 24 cities in India (as of February 11,
2016).
Forward-looking and Cautionary Statements
Certain statements in this release concerning our future growth
prospects are forward-looking statements, which involve a number of
risks, and uncertainties that could cause actual results to differ
materially from those in such forward-looking statements. The risks
and uncertainties relating to these statements include, but are not
limited to, risks and uncertainties regarding fluctuations in our
earnings, revenue and profits, our ability to generate and manage
growth, intense competition in IT services, our ability to maintain
our cost advantage, wage increases in India, our ability to attract
and retain highly skilled professionals, time and cost overruns on
fixed-price, fixed-time frame contracts, client concentration,
restrictions on immigration, our ability to manage our
international operations, reduced demand for technology in our key
focus areas, disruptions in telecommunication networks, our ability
to successfully complete and integrate potential acquisitions,
liability for damages on our service contracts, the success of the
companies in which we make strategic investments, withdrawal of
fiscal governmental incentives, political instability, war, legal
restrictions on raising capital or acquiring companies outside
India, unauthorized use of our intellectual property, and general
economic conditions affecting our business and industry. Additional
risks that could affect our future operating results are more fully
described in our filings with the United States Securities and
Exchange Commission. These filings are available at www.sec.gov. We
may, from time to time, make additional written and oral
forward-looking statements, including statements contained in the
company’s filings with the Securities and Exchange Commission and
our reports to shareholders. We do not undertake to update any
forward-looking statement that may be made from time to time by us
or on our behalf.
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version on businesswire.com: http://www.businesswire.com/news/home/20160328005373/en/
Wipro media contact:Gitanjali Sreepal+9180
39918018gitanjali.sreepal@wipro.comorJubilant FoodWorks Limited
media contact:Sylvia DuttaSenior Manager – Public Relations+91
120 4090500sylvia_dutta@jublfood.com
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