One of the leading global information technology, consulting and business process services company, Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), today, announced that it won an Application Management (AMS) and Services Integration & Management (SIAM) contract from Fortum, which is one of the leading clean-energy companies, headquartered in Espoo, Finland.

The five year agreement part states that Wipro will manage Fortum’s application portfolio with hundreds of applications for 11,500+ users in 18 countries and provide 24/7 support for business-critical applications. Leveraging Artificial Intelligence and automation platform, Wipro HOLMES, Wipro will enable process automation for enhanced end-user experience. Additionally, Wipro’s Service Integration & Management (SIAM) transformation solution will help Fortum consolidate and govern its multi-supplier eco-system.

"Wipro was chosen as a partner because of their experience and capability in providing a flexible and efficient solution for us. We believe this will be a true win-win relationship," said Tuomas Salosaari, VP, Operation Services, Business Technology, Fortum.

"We are pleased to be selected by Fortum. This engagement is aligned to our strategy of assisting our clients to navigate the energy transition towards a sustainable world. The accelerated trend of supply-demand and energy conscious prosumers is driving a clean energy revolution faster than before, inspiring innovation and partnerships like these. This deal was completed in the midst of the pandemic and we appreciate the spirit of Fortum and Wipro teams in making this possible," said Sarat Chand, Vice President, EMEA Utilities Business Head, Wipro Limited.

"This is an important step forward in Wipro's strategy for the Nordic and Baltic region. We see a good match between these two companies, one in the energy industry and the other in technology services, to drive innovation and growth," said Carl-Henrik Hallstrom, Head of Nordic & Baltic Region, Wipro Limited.
For over a decade, Wipro has been present in the Nordic and Baltic region and is working with customers in the manufacturing, energy, natural resources, utilities, finance, telecom, healthcare and retail industry divisions.

Through its acquired entities – 4C, Wipro has presence in the region, and offers unrivalled expertise in the best of breed technology integration, which includes Salesforce’s core clouds and additionally provides consultancy across customer 360, quote-to-cash and The DocuSign Agreement Cloud, Designit, which is a strategic design firm specializing in transformative product-service experiences and Topcoder, the world’s largest technology network and on-demand digital talent platform, with 1.6+ million developers, designers, data scientists and testers in the world.

In the last trading in BSE, WIPRO recorded share at Rs. 343.25, in comparison to the previous close of Rs. 339.55. The shares traded during the day total to 339605 in over 5256 trades.

Hitting an intraday high of Rs. 346.4 and intraday low of Rs. 338.75, the stock’s net turnover during the day was Rs. 116472933.