Indian IT services provider Wipro is partnering with German software firm Camunda to offer more efficient workflow automation solutions.
Wipro will leverage Camunda's enterprise-grade workflow automation platform to offer solutions to clients who do not have the IT resources to build automation protocols.
"Offering Camunda as part of our stack will benefit our customers who are looking for a solution that offers greater flexibility and customisation than alternative heavyweight platforms," Somit Kapoor, head of enterprise operations transformation, Wipro, said.
Camunda's stack includes a toolkit for modelling and executing business processes. It has powerful visual interfaces for monitoring and troubleshooting active processes and analysing large volumes of process data, Wipro said in a statement.
Workflow automation market is expected to reach nearly $17 billion by 2023, up from $4.7 billion in 2017, according to data from Market Research Nest.
"As digital transformation initiatives increasingly pick up speed, we're finding more and more lT services firms need partners who can fully enable their clients' digital transformation projects," said Jakob Freund, chief executive officer and co-founder, Camunda.
In June, Blackstone-owned IT services firm Mphasis had partnered with Camunda to offer workflow and decision-making abilities.
Wipro also has been forging partnerships and expanding facilities in the last couple of months. In June, the company had opened a new testing and compliance lab in Hyderabad.
In August, the company opened a new design studio in Sydney, and signed a five-year contract with Aeroports De Montreal to help transform its airport operations in user experience, accelerating business processes via Wipro's HOLMES artificial intelligence (AI) platform and other technologies like cloud, internet of things (IoT), augmented reality (AR), analytics and drones.
The Bengaluru-based IT services provider reported a 12.58% rise in net profit for its first quarter ended June 30, 2019, buoyed by the demand in digital services. Wipro reported a profit of Rs 2,387.4 crore for its first quarter compared to Rs 2,120.6 crore for the corresponding period last year.
The company reported a 5.28% increase in income from operations at Rs 14,716.1 crore for the quarter ended June compared to Rs 13,977.7 crore for the corresponding period last year. Sequentially, though, the company’s revenue dropped by 1.93% from Rs 15,006.3 crore for the quarter ended March this year.
The company has said that it has been adding new clients globally as it continues to see traction in digital-oriented deals