REDWOOD SHORES, Calif. and BANGALORE,
India, Sept. 15, 2016
/PRNewswire/ -- Wipro Limited (NYSE: WIT, BSE: 507685, NSE:
WIPRO), a leading global information technology, consulting and
business process services company, and Reltio, an enterprise
data-driven applications and modern data management Platform as a
Service (PaaS) company, today announced a partnership to develop
faster and cost effective Master Data Management (MDM) solutions.
This partnership will help Reltio and Wipro's clients bridge the
gap between data and insights by boosting the reliability of
information, while ensuring users get access to relevant data.
This alliance will enable the use of modern MDM architecture
with big data technologies to deliver pre-configured,
industry-specific data models in an accelerated timeframe. The
joint offering will also help customers stave off scale and
performance challenges by leveraging next generation technologies
such as Big Data, NoSQL, Analytics, and Machine Learning.
"We are excited to partner with Reltio, which has superior
technology offerings for next-generation master data management.
Wipro's experience in global MDM implementations and machine
learning coupled with Reltio's big data technology and unique
commercial graph offering will help our clients decipher complex
relationships between their customers, accounts and products. And
significantly improve how they derive business benefits out of big
data insights," said Pallab Deb, Vice President & Global
Head - Analytics, Wipro Limited.
The partnership will offer enterprise users real-time access and
easy integration with Reltio Cloud, which also features a built-in
data-as-a-service, which provides access to third party premium
data sources. The companies will jointly deliver solutions that
bring modern data management and data-driven applications to
market.
Commenting on the partnership, Vasu
Vallurupalli, Vice President Alliances, Reltio said,
"Wipro has differentiated expertise in delivering best-in-class MDM
implementations across industry sectors. Using their rich
experience in MDM and Reltio's modern data management platform and
data-driven applications, organizations can truly unlock the power
of their data and successfully address complex business
challenges."
Analyst firm Gartner suggests even though the MDM ESP market is
rapidly gaining popularity and momentum in the overall information
infrastructure space, it is still in the adolescent phase of
maturity (with a market penetration of less than 20% of the
possible target audience), and Gartner predicts that it will take
around five to 10 years to reach mainstream
adoption.1
Reltio's ability to go beyond MDM has changed the landscape of
data management. Reltio Cloud was most recently named a leader in
the The Forrester WaveTM: Master Data Management Q1 2016
report. Wipro's expertise in MDM along with Reltio's products is
poised to help customers reap the benefits of the early adoption,
and provide them with a future-proofed investment that extends way
beyond typical MDM.
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 Reltio
Reltio delivers reliable data, relevant insights and recommended
actions so companies can be right faster. Reltio Cloud combines
data-driven applications with modern data management for better
planning, customer engagement and risk management. Reltio enables
IT to streamline data management for a complete view across all
sources and formats at scale, while sales, marketing and compliance
teams use data-driven applications to predict, collaborate and
respond to opportunities in real-time. Companies of all sizes,
including leading Fortune 500 companies in healthcare and life
sciences, media & entertainment, hospitality, distribution and
retail rely on Reltio. For more information, visit
www.reltio.com
Media Contacts:
Wipro Limited
Shraboni Banerjee
shraboni.banerjee@wipro.com
Reltio
Paula Dunne
CONTOS DUNNE COMMUNICATIONS
+1 (408) 776-1400 o
+1 (408) 893-8750 m
paula@contosdunne.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.
1 Gartner "Market Guide for MDM External Service
Providers" Bill O'Kane et al,
25 February 2016
Photo - http://photos.prnewswire.com/prnh/20160915/408293
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/wipro-partners-with-reltio-for-next-generation-master-data-management-and-data-driven-applications-300328823.html
SOURCE Reltio