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August 29, 2016

Wipro and Stibo Systems Partner for Master Data Management Solutions

ATLANTA, Ga., BANGALORE, India, Aug. 29 — Wipro Limited, a leading global information technology, consulting and business process services company, and Stibo Systems, a global leader in multi-domain Master Data Management (MDM) solutions, today announced a partnership that will see the two companies collaborate to offer Master Data Management (MDM) solutions. This partnership is aimed at building trust-worthy data foundations to help joint customers derive accurate insights as they embrace digital transformation.

Wipro’s deep expertise in end-to-end Analytics, Master Data Management (MDM) and Information Management (IM) solutions, across industries when combined with Stibo Systems’ award-winning Master Data Management solution, STEP Trailblazer, will widen the scope and value of solutions that can be offered to customers, worldwide. Stibo’s STEP Trailblazer solution provides users with a powerful, editable grid-based view of product data, which facilitates the transfer of multiple items such as product families and variants while simultaneously performing crucial validation checks.

As part of this partnership, Wipro and Stibo Systems will also set-up a state-of-the-art MDM Center of Excellence (COE) in Bangalore that will showcase industry best practices, standards and guidelines that can be leveraged for customer projects.

“In an increasingly digital world, it is imperative that organizations implement a modern and, more importantly, proven, data and analytics strategy, that enables them to apply insight to actual business practices. Wipro’s deep multi-domain MDM expertise combined with Stibo Systems’ leading master data management solution, will empower our customers by providing them with trusted information and insights, that can transform the way they conduct business,” said Pallab Deb, Vice President & Global Head – Analytics, Wipro Limited.

“Stibo Systems consistently works with partners to foster innovation, which has translated into faster implementation times, increased ROI (return on investment) and overall greater business value for our customers,” said Andreas Lorenzen, President of Stibo Systems, North America. “We value Wipro’s rich industry domain knowledge and technical expertise, and look forward to working together to help our customers step up to the unique challenges they face when trying to grow their business and maximize their return on investment.”

About Wipro Limited

Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO) is a leading information technology, consulting and business process services company that delivers solutions to enable its clients do business better. Wipro delivers winning business outcomes through its deep industry experience and a 360 degree view of “Business through Technology.” By combining digital strategy, customer centric design, advanced analytics and product engineering approach, Wipro helps its clients create successful and adaptive businesses. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, Wipro has a dedicated workforce of over 170,000, serving clients across 6 continents. For more information, please visit www.wipro.com.

About Stibo Systems

Stibo Systems is the global leader in multi-domain Master Data Management (MDM) solutions. Industry leaders rely on Stibo Systems to provide cross-channel consistency by linking product and customer data, suppliers and other organizational assets. This enables businesses to make more effective decisions, improve sales and build shareholder value. During the last 30 years, Stibo Systems has helped hundreds of companies to develop a trusted source of operational information. A privately held subsidiary of the Stibo A/S group, which was originally founded in 1794, Stibo Systems’ corporate headquarters is located in Aarhus, Denmark. For more information, visit www.stibosystems.com.


Source: Wipro

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