Wipro Limited has secured a four-year contract extension worth $100 million with Marelli, a leading Italy-based automotive parts manufacturer. This deal strengthens their existing collaboration, focusing on cloud transformation and operational efficiency to boost innovation and reduce time-to-market.
As of 9:23 am the shares were trading 0.87% higher at ₹594.15 on NSE.
Key Highlights:
- Contract Details: Wipro FullStride Cloud will oversee the migration of Marelli’s Milan Data Centre and local server rooms to the cloud, centralizing operations.
- Partnership History: Wipro initiated its collaboration with Marelli in 2020 through a software engineering contract.
- Leadership Statement: Graziella Neuvéglise, Regional Head & Managing Director, Southern Europe, expressed excitement over this new chapter, emphasizing Wipro’s tailored modernization program for Marelli.
This extension reinforces Wipro’s leadership in digital transformation services and its position in the global automotive sector.
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Wipro