Copenhagen, Denmark and Bangalore, India – January 23, 2018:
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has won a multi-year business process services engagement with Nilfisk. Headquartered in Denmark, Nilfisk is a leading global supplier of professional cleaning equipment and solutions. As part of this contract, which was signed in June 2017, Wipro will leverage its global delivery network to implement business process services for Nilfisk in the areas of Finance and Accounting (F&A), Marketing services as well as select IT services in 45+ client locations, across the world.
Wipro will support Nilfisk in consolidating its back office Finance & Accounting operations, being delivered from globally diverse locations. Wipro will leverage its proprietary base)))™ platform for the deployment, which will enable Nilfisk in comprehensive knowledge management. The engagement will enable Nilfisk to achieve improved financial controls and compliance through more efficient, benchmarked and automated finance and accounting processes. Wipro will drive enhanced operational efficiency and effectiveness for Nilfisk through hyper-automation, process simplification and standardization. Wipro has also been chosen as a partner to setup a global marketing services delivery center for Nilfisk, and will support a part of the portfolio of Nilfisk’s brands covering the American and select European and Asian markets.
“Our engagement with Wipro is in keeping with the tenets of Nilfisk’s strategy, which is focused among others on improving profitability through a number of initiatives. Scalable business processes, standardized processes and cost optimization are among these initiatives and we believe that Wipro is the right partner to help us set-up the business process services backbone for Nilfisk,” said Karina Deacon, Executive Vice President and CFO, Nilfisk A/S.
N. S. Bala, President, Manufacturing & Technology Strategic Business Unit, Wipro Limited said, “Wipro is delighted to partner with Nilfisk in their business transformation journey. A combination of Wipro’s deep manufacturing domain expertise, strong digital transformation capabilities and operational excellence will help Nilfisk meet their business objectives.”
Carl-Henrik Hallström, Head of the Nordic Region, Wipro Limited said, “We are very excited to have entered into this strategic engagement with Nilfisk. Wipro is a global leader in providing next-generation business process services to global enterprises and I am confident that our proven capabilities in this area will enable us to deliver significant benefits to Nilfisk.”
Wipro has been present in the Nordic region for nearly 12 years and works with customers across the manufacturing, energy, natural resources, utilities, financial services, telecom and retail industry verticals. Wipro also has a presence in the Nordic region through its acquired entities – Appirio, which helps companies improve their worker and customer experiences through cloud technology and Designit, a strategic design firm specializing in transformative product-service experiences.
About Wipro Limited
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 160,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.
About Nilfisk
Nilfisk is a leading global player within the professional cleaning industry. With over 110 years of innovation experience, Nilfisk is dedicated to delivering reliable solutions and products of high quality that pave the way for a safer, more productive and cleaner daily life for millions of companies and private homes around the world. Nilfisk has its own sales companies in 45 countries, and its products are sold in more than 100 countries. Read more at www.nilfisk.com.
Media Contacts:
Nilfisk
Louise Refsgaard Klinge
Global Media Relations
+45 2067 0833
press@nilfisk.com
Wipro Limited
Subhashini Pattabhiraman
subhashini.pattabhiraman@wipro.com
Suzanna Abarca
+46 72 511 90 08
Ida Maria Eriksen
+45 26 25 62 13
ida@morsingpr.dk
Forward-looking and Cautionary Statements
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property, and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings 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 statement that may be made from time to time by us or on our behalf.
