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Ok Tedi Mining Extends Partnership with Wipro to Realize its Digital Mining Vision 2025
|By Business Wire
|August 6, 2014 08:00 PM EDT
Wipro Ltd. (NYSE:WIT), a leading global information technology,
consulting and business process services company, today announced that
Ok Tedi Mining Limited (OTML), a leading State-owned copper and gold
mining company based in Papua New Guinea (PNG), has extended its
strategic partnership with the company to drive OTML’s transformation
journey and achieve its Digital Mining Vision 2025.
OTML is recognised as a responsible corporate citizen in PNG and has
provided over three decades of support to the government and people of
the Western Province of PNG. Wipro has partnered with OTML to help
improve business processes using advanced technologies, and enable its
future mode of operations.
Garry Tuckwell, Global Head of Wipro’s Natural Resources business,
said, “Wipro is pleased to have developed this partnership with OTML. We
have worked closely with the executive and senior leadership team to
help define the key strategic initiatives that will enable the company
to realise its future vision and potential. We are excited at the
opportunity to leverage our broad set of capabilities, coupled with Ok
Tedi’s in-depth mining expertise, to really help transform its mining
operations, so that it is well positioned to win in the PNG mining
industry, while creating a safe and secure environment for its
Derrick Kelly, OTML General Manager Business Strategy and Support,
said, “Our partnership with Wipro will allow us to focus on implementing
mining best practices across our organisation and increase the skill
levels of the local workforce in PNG. It will also help us establish a
‘Digital Mine’ of the Future, in one of the remotest locations in the
OTML is establishing a new framework that embraces the role of
technology, a new set of capabilities within the organisation to
successfully use business best practices and systems, and streamline the
organisation’s operations across the entire value chain, eliminating
waste and maximising shareholder returns from the resources at its
As part of the partnership, OTML and Wipro have launched the “Strongim
Future Program” – leveraging the SAP® ERP application – as a key
foundation in the transformation journey. SAP is a market-leading
provider of integrated ERP solutions for the mining and metals industry,
enabling customers across the globe to achieve efficiency in their
operations. The Strongim Future Program will utilize SAP best practices,
replacing a number of legacy systems and putting in place the
cornerstone for OTML’s future mode of operations.
Wipro’s Natural Resources division, a part of its Energy, Natural
Resources and Utilities (ENU), Strategic Business Unit, provides
strategic advice and leverages advanced technology services from across
the organisation to create game-changing strategies and address key
business challenges of the metals and mining industry. Experienced
specialists offer services and solutions that incorporate a range of
capabilities across the entire value chain, from exploration through
feasibility and ultimately operations.
About Wipro Ltd.
Wipro Ltd. (NYSE:WIT) is a leading Information Technology, Consulting
and Business Process Services company that delivers solutions to enable
its clients to 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 recognised 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 over 140,000, serving clients in 175+ cities across 6
continents. For more information, please visit www.wipro.com
Ok Tedi Mining Limited is a one hundred percent government owned
organisation that operates the Ok Tedi Mine in the northern part of the
Western Province of Papua New Guinea. The Ok Tedi Mine is an open-pit
copper and gold mine located near the headwaters of the Ok Tedi River,
in the Star Mountains Rural LLG of the North Fly District. Ok Tedi has
produced copper and gold from its Mount Fubilan mining operation since
SAP and all SAP logos are trademarks or registered trademarks of SAP SE
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
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