Wipro Builds Industry-Focused Big Data Analytics-as-a-Service Platform on IBM Bluemix
February 14 2017 - 3:30PM
Business Wire
Data Discovery Platform, a ‘pay-per-insight’
model analytics solution, enables faster data-driven decisions,
customized by industry
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading
global information technology, consulting and business process
services company, today announced it is delivering analytics-based
insights for specific industries with the Data Discovery Platform,
its newest big data analytics-as-a-service solution. Built with IBM
BigInsights and IBM dashDB and developed on Bluemix, IBM's cloud
platform, the solution accelerates insight-driven decision making
through pre-built applications for specific industries, such as
banking and financial services, retail, energy, education and
manufacturing.
In many organizations, internal and external data exist in silos
across the company, making it difficult and expensive to collect
and analyze. The Data Discovery Platform helps businesses
unlock the true value of their structured and unstructured data to
deliver insights customized to the customer’s industry
sector.
Wipro and IBM developers collaborated on the solution which is
available in an outcome-based ‘pay-per-insight’ cloud delivery
model. It has been customized for a number of specific industries
and their associated overall processes, including:
- Banking and financial
services to reduce customer
attrition, forecast sales
volume, segment customers, create revenue
models and predict claims subrogation
- Education to improve graduation
rates by identifying positive and negative academic and
non-academic influencers and creating student risk profiles
- IT to monitor data
operations and predict batch delays and failures in real time
- Energy to detect anomalies,
predict fraud and profitability in energy trading
- Marketing to automate,
configure and integrate social feed monitoring
- Manufacturing to measure the
health of individual assets and develop predictive maintenance
schedules
- Mining to predict
maintainability of assets and reduce risks in work
environments
- Retail to understand customer
behavior inside stores using WiFi logs and iBeacon traces,
recommend product bundling and identify factors influencing store
performance.
The Data Discovery Platform offers a unique value proposition
driving an accelerated time to market for insights, resulting in
augmented and better decision-making. The solution's modular,
approach, coupled with machine learning, natural language
processing, visualization and stream computing capability enable
flexible and scalable responses to dynamic business
requirements.
“Today’s businesses, without exception, have to be disruptive.
Wipro’s Data Discovery Platform, built on IBM’s Cognitive and Cloud
Platforms offers clients immediate access to insights giving them a
competitive edge. IBM and Wipro are working together to help our
customers discover the value of their existing data while
leveraging leading-edge cloud and cognitive technologies,”
said Pallab Deb, Vice President & Global Head -
Analytics, Wipro Limited.
“As businesses transition into cognitive enterprises, it is not
enough to simply leverage big data platforms. Companies need to
generate true, business changing insights that can pull data from
wherever it might be stored,” said Stephen Crain, Business Unit
Executive, Global System Integrators, IBM. “By incorporating
IBM BigInsights and IBM dashDB into Wipro’s Data Discovery
Platform, Wipro clients will be able to accelerate their
transformation into cognitive enterprises.”
In October 2015, Wipro and IBM announced a collaboration
wherein Wipro would use the IBM Bluemix cloud platform for the
agile creation and deployment of mobile, analytics and machine
learning solutions for clients around the world. The Data Discovery
Platform is one of the solutions from Wipro to be built on the
Bluemix platform.
To learn more about Wipro's Data Discovery Platform,
visit http://www.wipro.com/microsite/ddp/
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
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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Wipro LimitedSubhashini
Pattabhiramansubhashini.pattabhiraman@wipro.com
Wipro (NYSE:WIT)
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