Wipro wins 4-year partnership extension with Italy's Marelli

IT firm Wipro on Tuesday announced a four-year extension of its partnership with Italian automotive solutions provider Marelli to focus on cloud transformation.

As part of the partnership, Wipro FullStride Cloud will transition Marelli's Milan Data Centre and local server rooms to the cloud, thus centralising its operations to create a more agile and stable environment, according to a regulatory filing.

The project will help reduce the time-to-market for Marelli's products and services, creating long-term value for all stakeholders, it said.

"Over the years we have worked with them, the Wipro team has developed an in-depth understanding of our business, which combined with their technical expertise, will help us further develop and grow our IT infrastructure," Marelli Chief Digital Officer Vittorio Rossetti said.

The project, expected to deliver significant operational savings, will improve employee support services through AI-driven virtual assistants, implement vulnerability management solutions, and provide extensive application maintenance services aimed at fostering innovation, reducing costs, and minimising future rework needs with a focus on long-term efficiency.

The Wipro scrip settled at Rs 589.05 apiece on the BSE on Tuesday, 1.08 per cent higher than its previous close.