Wipro signed a five-year contract with Nokia for digital transformation

26. 07. 2022 Tuesday / By: Robert Denes / Business / Exact time: BST / Print this page

B engaluru-based Wipro Ltd announced on June 26 that it has signed a new five-year contract with Finnish telecom equipment maker Nokia for digital transformation.

The strategic partnership aims to "enable Nokia to win in the 5G world and beyond," said Vinay Farake, a senior Wipro official.

The purpose of the new pact is to "promote digital transformation" and "increase the efficiency of Nokia's global business services," the IT giant said in a statement.

The new agreement builds on a partnership originally established more than 20 years ago, he added.

As part of the agreement, Wipro will provide global business services to support Nokia's revamped operating model, "focusing on process optimization, touchless processing and better user and customer experience in order management supply chain, finance and accounting operations," the statement read. said.

For Nokia, this is a significant step towards digitizing its operations by "leveraging Wipro's unique transformation and innovation capabilities".

Wipro has been selected as a long-term partner to "support the transformation of Nokia's GBS service delivery over the next five years," said Rod Lindsay, the company's vice president of global business services.

"This is a significant milestone in our journey to deliver tangible benefits to Nokia Business Groups through a single service center, seamless service integration, better GBS (Global Business Service) transparency and performance," added Lindsay.

According to Vinay Firake, Wipro's senior vice president and managing director of the Nordic region, the company's goal is to "enable Nokia to win in the 5G world and beyond."

"We really have a strategic partnership with Nokia, which we have built over 20 years, based on our shared values. Now we have a common goal: to achieve effective and quantified business results through technology, automation and digitization of processes," he added.

While an official announcement about the partnership was issued on July 26, Wipro noted that it mentioned the deal in a press release accompanying its FY22 financial results without naming its client or detailing the term and size.

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