Wipro signs multi-million pact with Mazda Motor Logistics

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Capital Market
Last Updated : Dec 16 2022 | 9:16 PM IST

The IT major announced that it has signed five year multi million agreement with Mazda Motor Logistics Europe to deliver managed services for its entire application landscape.

Mazda is currently transforming itself into a more centralized organization with harmonized business processes and standardized business capabilities, resulting in reduced cost and complexity

This five year strategic relationship with Wipro will help industrialize Mazda IT, digitize processes, and further enable agile software developer and operations (DevOps) ways of working while infusing state-of-the-art tools to drive automation.

Alex Janssens, vice president, IT & Supply Logistics, Mazda Motor Logistics, Europe said, "Mazda was looking for a partner that was culturally aligned and understood our application landscape complexity, operational nuances and business imperatives,"

He added, "Wipro stood out in the selection process for its best-in-class capabilities and credentials in the automotive industry, blended with a high-performance Agile, DevOps operating model and a robust automation platform to drive efficiency in Mazda's IT operations.

Sarat Chand, vice president & managing director, Benelux, Wipro, said, "This significant win is recognition of our relentless pursuit to partner with our clients in progressing their transformation agendas. Wipro will implement a high-performance operating model with new ways of working, integrating support and development functions, enabled by Wipro's assets and IPs to accelerate value-realization for Mazda to help achieve its 2030 vision. In addition, this win is also a validation of Wipro's focus on Belgium as a key growth market and our ambition to be a partner of choice in the Belgian market.

Wipro is a leading technology services and consulting company focused on building innovative solutions that address clients' most complex digital transformation needs.

On consolidated net profit declined 3.72% to Rs 2,659 crore despite on 4.7% rise in net sales to Rs 22,539 crore in Q2 FY23 over Q1 FY23.

Shares of Wipro were down 0.59% at Rs 393 on the BSE.

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First Published: Dec 16 2022 | 9:27 AM IST

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