Wipro Announces New Microsoft Cloud-Based Retail Solutions and Launches Retail Innovation Experience
The experience will accelerate innovation and deliver best-in-class retail solutions based on Microsoft Cloud and Microsoft Cloud for Retail
NEW YORK | BANGALORE, India – November 15, 2022: Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology consulting and services company, today announced new retail solutions, powered by Microsoft Cloud and Cloud for Retail, and a new retail innovation experience in Mountain View, CA. This physical, virtual and hybrid experience will deepen the collaboration between Wipro and Microsoft to accelerate the delivery of new solutions that will enable retailers to grow their business and strengthen their relationships with their customers.
The retail innovation experience will leverage the expertise and deep domain knowledge of Wipro and Microsoft, providing retailers with an immersive space to experience various customized solutions powered by Microsoft Cloud and Microsoft Cloud for Retail . Ultimately, the experience will empower customers to “reinvent retail” by developing interactive in-store solutions that simplify and streamline every step of the customer journey.
The Wipro Retail Innovation Experience will enable customers to digitally transform their businesses using innovative, enterprise-ready solutions, such as:
Endless Alley – A “buy anywhere, fulfill anywhere” solution that crawls a retailer’s entire inventory (stores, warehouses, partner businesses) to fulfill shoppers’ orders, regardless of location where they shop or how they want to receive their purchase.
iShelf Insights – An AI-based solution that ensures retailers’ products are highlighted, in stock and priced according to specifications and captures images of the defined area (e.g. shelves, tables) to detect anomalies such as missing or misplaced items in real-time – enabling company-wide compliance reporting by store and layout.
smart track – Custom sensors that work with Azure Internet of Things and Blockchain to alert retailers to temperature fluctuations, tampering incidents, or counterfeiting attempts, improving supply chain security and compliance, as well as reducing cold chain waste.
Unified Customer Intelligence – A solution that connects data and information throughout the customer lifecycle, enabling a multi-channel experience and providing insights such as customer segmentation, campaign response, promotion effectiveness, customer loyalty.
“As a Microsoft Cloud Partner for Retail, with our Wipro FullStride Cloud Services portfolio, we are uniquely positioned to unlock the untapped potential of industrial clouds and help retailers meet their greatest challenges,” said Deviprasad Rambhatla. , Senior Vice President and Area Head, Retail, Services and Transportation (RSAT) – Americas, Wipro Limited. “This new experience demonstrates our continued focus on empowering global retailers to meet the changing needs of their customers with agility and speed.”
“We are thrilled to see Wipro offering innovative retail solutions powered by Microsoft Cloud and Microsoft Cloud for Retail,” said Shelley Bransten, Vice President, Global Retail and Consumer Goods at Microsoft. “We are also excited about the launch of Wipro Retail Innovation Experience, which will serve as the premier destination for retailers looking to experience the future of retail today.”
About Wipro Limited
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading technology consulting and services company focused on creating innovative solutions that meet customers’ most complex digital transformation needs. By leveraging our holistic portfolio of consulting, design, engineering and operations capabilities, we help our clients realize their boldest ambitions and build sustainable, future-ready businesses. With more than 250,000 employees and business partners in 66 countries, we deliver on our promise to help our customers, colleagues and communities thrive in an ever-changing world. For more information, visit www.wipro.com.
The forward-looking statements contained herein represent Wipro’s beliefs regarding future events, many of which are inherently uncertain and beyond Wipro’s control. Such statements include, but are not limited to, statements regarding Wipro’s growth prospects, future financial results of operations, and plans, expectations and intentions. Wipro cautions readers that the forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated by such statements. These risks and uncertainties include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenues and profits, our ability to generate and manage growth, proposed corporate actions, intense competition in services our ability to maintain our cost advantage, salary increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price and fixed-term contracts, concentration of customers, immigration restrictions, our ability to manage our international operations, reduced demand for technology in our core areas of focus, disruptions to telecommunications networks, our ability to complete and integrate potential acquisitions , liability for damages on our service contracts, the success of the businesses in which we perform read strategic investments, withdrawal of government tax incentives, political instability, war, legal restrictions on raising capital or acquiring companies overseas, unauthorized use of our intellectual property and general economic conditions affecting our business and industry.
Additional risks that could affect our future results of operations are further described in our filings with the United States Securities and Exchange Commission, including, but not limited to, annual reports on Form 20. -F. These files are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statements that may be made from time to time by us or on our behalf.
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