Wipro Ltd.

BSE: 507685 | NSE: WIPRO
Large Cap | IT - Software
236.70
-3.15 (-1.31%)
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Wipro advances on launching solution with Informatica for CRM Modernization

Date: 16-09-2015

Wipro is currently trading at Rs. 577.95, up by 8.10 points or 1.42% from its previous closing of Rs. 569.85 on the BSE.

The scrip opened at Rs. 573.20 and has touched a high and low of Rs. 579.60 and Rs. 572.00 respectively. So far 46339 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 676.90 on 11-Mar-2015 and a 52 week low of Rs. 512.55 on 24-Apr-2015.

Last one week high and low of the scrip stood at Rs. 579.60 and Rs. 550.00 respectively. The current market cap of the company is Rs. 142628.05 crore.

The promoters holding in the company stood at 73.38% while Institutions and Non-Institutions held 15.12% and 9.54% respectively.

Wipro and Informatica have jointly launched a new solution to modernize legacy Customer Relationship Management (CRM) applications. The partnership brings together Informatica’s data migration capabilities and Wipro's expertise in redesigning existing business processes, streamlining the IT ecosystem and deploying CRM applications in the cloud. This solution enables enterprises to reduce their operational costs and go-to-market time, while ensuring data quality.

Wipro's data migration solution framework, built with Informatica Cloud and enabled by a patented data migration reference architecture, allows enterprises to seamlessly transition from legacy systems to cloud CRM systems. This framework comes with a set of pre-built tools, templates and methodologies that assists the transformation process and enhances the overall application capabilities. This solution aims to address the customers’ complete information lifecycle needs, such as master data management, data quality, data governance, data archiving and test data management (TDM).

Wipro is a leading Information Technology, Consulting and Business Process Services company that delivers solutions to enable its clients do business better. The company delivers winning business outcomes through its deep industry experience and a 360 degree view of ‘Business through Technology’ - helping clients create successful and adaptive businesses.