Wipro, a leading global IT, consulting and business process services company, and Stibo Systems, a global leader in multi-domain master data management (MDM) solutions, has announced a partnership that will see the two companies collaborate to offer MDM solutions. This partnership is aimed at building trustworthy data foundations to help joint customers derive accurate insights as they embrace digital transformation.
Wipro's deep expertise in end-to-end analytics, MDM and information management (IM) solutions across industries, when combined with Stibo Systems' award-winning MDM solution, STEP Trailblazer, will widen the scope and value of solutions that can be offered to customers worldwide.
Stibo Systems' 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, which will showcase industry best practices, standards and guidelines that can be leveraged for customer projects.
"In an increasingly digital world, it is imperative that organisations 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.
"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 so to help our customers step up to the unique challenges they face when trying to grow their business and maximise their return on investment."
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Wipro
Wipro (NYSE:WIT, BSE: 507685, NSE: WIPRO) is a leading IT, 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 a digital strategy, customer-centric design, advanced analytics and product engineering approach, Wipro helps its clients create successful and adaptive businesses. A company recognised 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 six continents. For more information, please visit www.wipro.com.
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 organisational 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.
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