Nokia Extends Strategic Alignment with Wipro to Drive Business Transformation and Efficiencies in Global Business Services
The new agreement supports Nokia’s strategy to accelerate competitiveness and aims to grow margins through digitalization of operations, automation and capturing emerging opportunities
ESPOO, Finland |BANGALORE, India- August 3, 2022: Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, has announced a new five-year strategic engagement with Nokia, the world’s leading multinational, networking, telecommunications and consumer electronics company. The new agreement builds on a partnership originally established over 20 years ago and is a testament to the strength of the relationship.
Wipro will deliver global business services in support of Nokia’s renewed operating model, focusing on process optimization, touchless processing and enhanced user and customer experience across order management supply chain, finance, and accounting operations. For Nokia, this represents a major step towards digitalization and automation of its operations by leveraging Wipro’s unique transformation and innovation capabilities.
“We have selected Wipro as our long-term strategic supplier to support Nokia GBS’ service delivery transformation over the next five years. This marks a significant milestone in our journey aimed at delivering tangible benefits to Nokia Business Groups through a unified service desk, seamless service integration, improved transparency and performance of GBS,” said Rod Lindsay, Vice President, Global Business Services, Nokia.
“We have a truly strategic relationship with Nokia, built over 20 years, based on our shared values. We now have a shared purpose: to drive impactful and quantified business outcomes enabled through technology, automation, and process digitization. Our goal is to enable Nokia to win in the 5G world and beyond,” said Vinay Firake, Senior Vice President & Managing Director – Nordics, Wipro Ltd.
Note: This deal was mentioned in Wipro Limited's financial results announcement press release, dated April 29, 2022, for the quarter and year ended March 31, 2022 (Q4 FY21-22), without naming the customer or detailing the tenure and size of the deal.
About Wipro Limited
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading technology services and consulting company focused on building innovative solutions that address clients’ most complex digital transformation needs. Leveraging our holistic portfolio of capabilities in consulting, design, engineering, and operations, we help clients realize their boldest ambitions and build future-ready, sustainable businesses. With over 250,000 employees and business partners across 66 countries, we deliver on the promise of helping our customers, colleagues, and communities thrive in an ever-changing world. For additional information, visit us at www.wipro.com
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