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UK-based Xoserve Awards Contract To Wipro

Stocks in this article: WIT

Wipro Ltd. (NYSE:WIT), a leading global Information Technology, Consulting and Outsourcing company, today announced that it has won a seven-year engagement with Xoserve, an organization which is an integral part of the gas distribution and transmission market in Britain. Xoserve supports Britain’s gas market through the provision of centralised information and data services for gas transporters and shippers. The company is jointly owned by the five major gas distribution Network companies and National Grid’s Gas Transmission business.

The Wipro contract is part of the UK Link Programme which will involve the replacement of Xoserve's two decade old legacy UK Link suite of applications by best-in-class enterprise applications with more contemporary technologies. UK Link is a suite of highly complex information and technology systems, managed by Xoserve on behalf of the UK Gas Industry that ensure the smooth running of Britain’s competitive gas market. The new platform will enable Xoserve to meet the expected demand growth generated by the roll-out of Smart Meters in the United Kingdom as well as enable Xoserve to be more responsive to changes in the gas market.

The UK Link Programme, led by Xoserve and supported by a number of business partners, will help meet a number of customer and industry wide requirements for the medium to long term. These include the ability to receive and store more meter readings; to introduce more flexibility in system enhancement and reporting and the ability for the gas market to utilise information from smart meters for the benefit of customers.

Arun Krishnamurthi, Global Head – Utilities, ENU (Energy, Natural Resources & Utilities) business unit, Wipro Limited, said, “The complex stakeholder matrix, and Xoserve's central role in delivering the changes to the entire Gas industry in the UK, make this programme unique and transformational in nature. This is an immensely prestigious project for us and we look forward to partnering with Xoserve to ensure seamless delivery of this critical programme. We are confident that we will be able to leverage our strong understanding of the business domain and capabilities in new and emerging technologies, for the success of this project.”

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