|By Business Wire||
|June 14, 2014 11:45 AM EDT||
Wipro Ltd. (NYSE:WIT), a leading global Information Technology, Consulting and Outsourcing company, today announced that it has won a transformational IT applications and infrastructure engagement from 7-Eleven, a leading convenience store chain, in Australia. The engagement is aimed at paving the way for an organisation-wide retail process re-engineering at 7-Eleven to enable it to launch new merchandise categories, improve the efficiency of existing merchandise categories, initiate real-time targeted promotions, and easily on-board new processes during mergers and acquisitions. All of these will result in an enhanced experience for the customers of 7-Eleven in Australia.
The integrated engagement includes the upgrade, migration and consolidation of 7-Eleven’s IT applications and infrastructure, which will help improve speed and agility of its go-to-market initiatives. Wipro will implement SAP® Business Suite powered by SAP HANA for this project, making this one of the first implementations of the SAP for Retail solution portfolio on the SAP HANA® platform across Asia Pacific & Japan.
The aim of this project is to improve business functionality at 7-Eleven through the deployment of a consolidated, real-time transactional and reporting infrastructure. Powered by the cutting-edge SAP HANA platform, it will also set the foundation for predictive customer analytics, to forecast and manage the retailer’s future business requirements.
Michael Peck, Chief Information Officer for 7-Eleven, said: “Wipro has been a strategic technology partner to 7-Eleven since November 2012, and is working with 7-Eleven to deliver a number of transformational technology projects. One of these projects is the implementation of new infrastructure so we can flex our development environments on demand to support multiple business initiatives. In addition, we are upgrading our current IT environment to run the latest versions of SAP software, including implementing SAP Business Suite powered by SAP HANA. We are pleased to be working with Wipro on this project, which we anticipate will deliver positive outcomes for our franchisees and customers.”
Manoj Nagpaul, Chief Sales and Operations Officer – Asia Pacific & Japan, Wipro Ltd., said, “We are delighted to partner with 7-Eleven in Australia in their transformational initiative. Our focus has always been to enable business outcomes for our customers by leveraging new and disruptive technologies. 7-Eleven is the leader in its category, and this engagement will enable it to deliver a superior end-customer experience with every interaction and enhance customer loyalty. This win is a reflection of Wipro’s extensive retail experience, its strong partnership with SAP, and leadership position in the Australia market.”
Wipro has been present in Australia since 2001 and currently has over 1,200 employees in the country, servicing its clients. Wipro works with leading names in the banking, insurance, utilities, government, retail, consumer packaged goods, manufacturing, oil & gas, natural resources and transportation sectors in Australia.
About Wipro Ltd.
Wipro Ltd. (NYSE:WIT) is a leading Information Technology, Consulting and Outsourcing company that delivers solutions to enable its clients do business better. Wipro 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. A company recognized globally for its comprehensive portfolio of services, a practitioner's approach to delivering innovation, and an organization wide commitment to sustainability, Wipro has a workforce of 140,000 serving clients across 61 countries. For more information, please visit www.wipro.com.
About 7-Eleven Stores Pty Ltd.
7-Eleven Stores Pty Ltd, Australia’s first choice in convenience, is a private company owned by the Withers/Barlow family. The company has a license to operate and franchise 7-Eleven stores in Australia from the US based 7-Eleven Inc.
The first Australian store was opened in August 1977. Today 7-Eleven Stores Pty Ltd. operates 600 stores in Queensland, New South Wales, Victoria and the Australian Capital Territory.
Through its store network, 7-Eleven Stores Pty Ltd. conducts more than 178 million transactions a year, serving an average six customers per second, generating sales of approximately $3.4 billion.
Worldwide, 7-Eleven operates more than 52,000 stores in 18 countries, and is opening approximately six stores per day somewhere in the world.
SAP, SAP HANA and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries.
All other product and service names mentioned are the trademarks of their respective companies.
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.
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