Wipro (WIT), Stibo Systems Enter Partnership Covering Master Data Management Solutions

August 29, 2016 8:35 AM EDT

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Wipro Limited (NYSE: WIT) and Stibo Systems, a global leader in multi-domain Master Data Management (MDM) solutions, announced a partnership, that will see the two companies collaborate to offer Master Data Management (MDM) solutions. This partnership is aimed at building trust-worthy data foundations to help joint customers derive accurate insights as they embrace digital transformation.

Wipro's deep expertise in end-to-end Analytics, Master Data Management (MDM) and Information Management (IM) solutions, across industries when combined with Stibo Systems’ award-winning Master Data Management solution, STEP Trailblazer, will widen the scope and value of solutions that can be offered to customers, worldwide. Stibo Systems’ STEP Trailblazer solution provides users with a powerful, editable grid-based view of product data, which facilitates the transfer of multiple items such as product families and variants while simultaneously performing crucial validation checks.

As part of this partnership, Wipro and Stibo Systems, will also set-up a state-of-the art MDM Center of Excellence (COE) in Bangalore that will showcase industry best practices, standards and guidelines that can be leveraged for customer projects.

“In an increasingly digital world, it is imperative that organizations implement a modern and, more importantly, proven, data and analytics strategy, that enables them to apply insight to actual business practices. Wipro’s deep multi-domain MDM expertise combined with Stibo Systems’ leading master data management solution, will empower our customers by providing them with trusted information and insights, that can transform the way they conduct business,” said Pallab Deb, Vice President & Global Head - Analytics, Wipro Limited.

“Stibo Systems consistently works with partners to foster innovation, which has translated into faster implementation times, increased ROI (return on investment) and overall greater business value for our customers,” said Andreas Lorenzen, President of Stibo Systems, North America. “We value Wipro’s rich industry domain knowledge and technical expertise, and look forward to working together so to help our customers step up to the unique challenges they face when trying to grow their business and maximize their return on investment.”

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