(Source: Business Wire)

Wipro Technologies, the global IT services business of Wipro Limited
(NYSE:WIT), today announced that it has signed a master co-development
agreement with Oracle to develop multiple industry solutions using
Oracle® Application Integration Architecture (AIA), an open,
standards-based platform for business process integration across Oracle,
third-party and custom applications.
Under this agreement Wipro and Oracle will co-develop end-to-end
industry process solutions for five different industries including
communication, retail, consumer products, hi-tech, and industrial
manufacturing. The co-developed Oracle Process Integration Packs
includes campaign to cash for hi-tech, order to activate for
communications and design to release for process manufacturing. Wipro is
one of the first partners to sign an agreement with Oracle spanning such
a wide range of industries.
"Wipro has provided innovative solutions that accelerate service launch
delivery and enhance the customer experience, by integrating 17
applications in 8 months, either through bespoke developed frameworks or
through standardized extensions that ensure seamless integration of
OSS/BSS components," said Mr. Craig Humphreys, VP, Information
Technology, Atheeb. "Wipro and Oracle provided a compelling value
proposition in terms of a strong alliance at all levels including
delivery. We are pleased to have chosen Wipro as our OSS/BSS solution
partner, since they have the end to end view of business priorities and
understood our imperatives for a successful service launch."
"Many enterprises find themselves struggling to deliver and standardize
business processes that span multiple applications cost effectively,"
said Jose Lazares, Vice President, Applications Development and Strategy
at Oracle. "Our co-development approach aims to involve selected
partners, like Wipro, who have specific expertise and skills in industry
specific business processes, to co-develop pre-built, best practice
integration products with us and then deploy these for customers in a
rapid and cost effective manner."
Speaking on the occasion Sangita Singh, Senior Vice President, Wipro
Technologies, said: "The co-development agreement is part of our
continued strategy to invest in technology innovation and build deep
industry expertise along with partners. The industry specific solutions
developed are designed to leverage Oracle platforms and provide faster
time to market at lower cost of ownership for our clients."
About Wipro
Wipro Technologies, a division of Wipro Limited (NYSE:WIT), is the first
PCMM Level 5 and SEI CMM Level 5 certified global IT services
organization.