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TheStreet Open House

Wipro Wins Ten Year Integrated IT And BPO Contract From UK-based Carillion Plc

Stocks in this article: WIT

Wipro Ltd. (NYSE:WIT), a leading global Information Technology, Consulting and Outsourcing company, today announced that it has been selected by Carillion, a UK based leading integrated support services company with a substantial portfolio of Public Private Partnership projects and extensive construction capabilities, as its sole preferred global strategic partner to provide integrated IT and BPO services. Carillion operates across multiple industry sectors in the UK, Middle East and Canada, providing a range of solutions which include project finance, design, construction and support services.

As part of the ten year engagement, Wipro will deliver operational and cost efficiency to Carillion through its outsourcing and transformation services. The engagement covers Carillion’s IT infrastructure and applications, HR (Human Resources) and F&A (Finance and Accounting) BPO services. Wipro will leverage its extensive experience in business and technology transformation, combined with platform-driven integrated delivery of IT and BPO. As a key customer of Wipro’s Engineering and Construction industry vertical, Wipro will also partner with Carillion for new joint business and technology transformation initiatives around the world.

Richard Adam, Group Finance Director, Carillion, said: “We are looking forward to working with Wipro to develop this strategic partnership which will help to support the delivery of excellent service for our customers, and open up exciting new business opportunities for both companies.”

Arjun Ramaraju, Vice President, Engineering and Construction, Wipro, said, “We are delighted to have been chosen by Carillion as their global strategic outsourcing partner. We are confident that we will be able to drive value for Carillion through our strong understanding of the Engineering & Construction domain and tested capabilities in technology and business processes. We are excited by the immense potential of this long-term strategic relationship.”

Note: The deal was mentioned in Wipro Limited's Q3 FY13-14 financial results announcement press release dated Jan 17, 2014, for the quarter ended Dec 31, 2013, with a description of Carillion but without naming the company.

About Wipro Ltd.

Wipro Ltd. (NYSE:WIT) is a leading Information Technology, Consulting and Outsourcing 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" - helping clients create successful and adaptive businesses. A company recognized globally for its comprehensive portfolio of services, a practitioner's approach to delivering innovation, and an organization wide commitment to sustainability, Wipro has a workforce of 140,000 serving clients across 61 countries. For more information, please visit www.wipro.com.

About Carillion

Carillion is a leading integrated support services company with a substantial portfolio of Public Private Partnership projects and extensive construction capabilities. The Group had annual revenue in 2012 of some £4.4 billion, employs around 40,000 people and operates across the UK, in the Middle East and Canada. The Group has a sector leading capability for delivering sustainable solutions and is a member of the FTSE4Good Index.

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