Wipro and Stibo Systems Partner for Master Data Management Solutions
August 29 2016 - 9:11AM
Business Wire
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading
global information technology, consulting and business process
services company, and Stibo Systems, a global leader in
multi-domain Master Data Management (MDM) solutions, today
announced a partnership that will see the two companies collaborate
to offer Master Data Management (MDM) solutions. This partnership
is aimed at building trust-worthy data foundations to help joint
customers derive accurate insights as they embrace digital
transformation.
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View the full release here:
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Wipro's deep expertise in end-to-end Analytics, Master Data
Management (MDM) and Information Management (IM) solutions, across
industries when combined with Stibo Systems’ award-winning Master
Data Management solution, STEP Trailblazer, will widen the scope
and value of solutions that can be offered to customers, worldwide.
Stibo’s STEP Trailblazer solution provides users with a powerful,
editable grid-based view of product data, which facilitates the
transfer of multiple items such as product families and variants
while simultaneously performing crucial validation checks.
As part of this partnership, Wipro and Stibo Systems will also
set-up a state-of-the-art MDM Center of Excellence (COE) in
Bangalore that will showcase industry best practices, standards and
guidelines that can be leveraged for customer projects.
“In an increasingly digital world, it is imperative that
organizations implement a modern and, more importantly, proven,
data and analytics strategy, that enables them to apply insight to
actual business practices. Wipro’s deep multi-domain MDM expertise
combined with Stibo Systems’ leading master data management
solution, will empower our customers by providing them with trusted
information and insights, that can transform the way they conduct
business,” said Pallab Deb, Vice President & Global Head -
Analytics, Wipro Limited.
“Stibo Systems consistently works with partners to foster
innovation, which has translated into faster implementation times,
increased ROI (return on investment) and overall greater business
value for our customers,” said Andreas Lorenzen, President of
Stibo Systems, North America. "We value Wipro’s rich industry
domain knowledge and technical expertise, and look forward to
working together to help our customers step up to the unique
challenges they face when trying to grow their business and
maximize their return on investment.”
Tweet this: “News: @StiboSystems, @Wipro form worldwide
partnership to deliver greater #MDM value for customers
#masterdatamanagement #PIM
About Wipro Limited
Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO) is a leading
information technology, consulting and business process services
company that delivers solutions to enable its clients 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 170,000,
serving clients across 6 continents. For more information, please
visit www.wipro.com.
About Stibo Systems
Stibo Systems is the global leader in multi-domain Master Data
Management (MDM) solutions. Industry leaders rely on Stibo Systems
to provide cross-channel consistency by linking product and
customer data, suppliers and other organizational assets. This
enables businesses to make more effective decisions, improve sales
and build shareholder value. During the last 30 years, Stibo
Systems has helped hundreds of companies to develop a trusted
source of operational information. A privately held subsidiary of
the Stibo A/S group, which was originally founded in 1794, Stibo
Systems' corporate headquarters is located in Aarhus, Denmark. For
more information, visit www.stibosystems.com.
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/20160829005563/en/
For Stibo SystemsMcCoin & Smith Communications Inc.Chris
McCoin or Richard Smith508-429-5988 (Chris) or 978-433-3304
(Rick)chris@mccoinsmith.com or rick@mccoinsmith.comorWipro
LimitedSandhya Sutodiasandhya.sutodia@wipro.com
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