Bengaluru-based information technology (IT) services firm Wipro has signed a multi-year IT services deal with Italian auto components maker Marelli. The size of the contract was undisclosed.
Wipro will deploy its hyper-automation and artificial intelligence platform 'HOLMES' for Marelli’s service delivery, helping the auto parts maker streamline its business, the company said in a statement. Wipro has a strong manufacturing and engineering practice.
The deal announcement comes days after Wipro CEO and managing director Abidali Neemuchwala resigned from the post.
Milan-based Marelli has over 62,000 employees globally and more than 170 facilities. The company develops electronic systems for major automakers as well as for cars in racing championships such as Formula One and World Rally Championship.
“We are consolidating and further developing our IT services at a global level. This consolidation and standardisation will provide an important pillar of integration within the company. Technology will be used as a key enabler in improving operational efficiency and driving synergies across the globe," Dario Castello, senior vice president and CIO of Marelli said.
According to Wipro, the partnership will help the company grow its footprint in strategic markets such as Italy and Japan.
"Our strong capabilities, backed by extensive global experience in working with some of the biggest automotive suppliers in the world, will enable us to deliver this high-value engagement for Marelli," said Vinay Firake, senior vice president for manufacturing business unit at Wipro.
Earlier, Wipro had partnered with the digital customer and employee engagement platform SEW (Smart Energy Water) for its enterprise customers in the utility (energy and water) vertical.
The country's fourth-largest software exporter had reported a lower than expected quarterly revenue growth during the third quarter ended December 2019.