Wipro Strengthens Partnership With SAP on Industry Cloud Solutions for Real Estate Sector

(BUSINESS WIRE) -- Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it will co-innovate with SAP SE on cloud-based solutions for the real estate industry.

Building on the Intelligent Enterprise strategy, SAP is expanding its vertical solutions to fill the whitespace in its portfolio with an ecosystem of industry cloud applications that leverage SAP® Cloud Platform with advanced technologies, and are interoperable with SAP Business Network and the intelligent suite. Partners are an integral part of SAP’s Intelligent Enterprise strategy and Wipro is contributing their industry insights and knowledge in the development of purpose-built solutions for the real estate industry.

To start with, Wipro has launched the Tenant Acquisition Management (TAM) solution for the real estate industry. Anchored with intelligent technologies like robotic process automation, artificial intelligence and machine learning, the TAM solution enables faster deal conversion with respect to tenant leasing by providing a seamless, real time and consistent experience for leasing agents to perform ‘Lead to Lease’ activities. It can be integrated as a cloud extension to SAP Customer Experience and SAP S/4HANA® software as well. Further, the solution also leverages Wipro’s preconfigured industry solution for real estate to accelerate SAP S/4HANA® deployments and manage end-to-end real estate business processes.

Srinivas Sai Nidadhavolu, Vice President and Global Practice Head - SAP Services, Wipro Limited said, “Wipro and SAP’s collaboration will spur innovation to help customers solve real world business challenges. This initiative will help real estate businesses to constantly innovate and differentiate themselves in the marketplace. We will continue designing new solutions for other industries as well.”

Johnny Clemmons, Head of the SAP Engineering, Construction and Operations Industry Business Unit said, “The TAM solution developed by Wipro fills critical whitespace in our portfolio and enables a more seamless lead-to-lease process for our customers. This is a perfect example of how co-innovation between our organizations can deliver value for our joint customers. We look forward to jointly solving more business problems for our real estate customers with additional industry cloud solutions.”

Wipro’s TAM solution is an SAP-validated partner app available on SAP App Center, the digital marketplace for SAP partner offerings. Find, try, and buy Wipro’s TAM solution at www.sapappcenter.com. For each purchase made on SAP App Center, SAP will plant a tree.

About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 180,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future. For more information, please visit www.wipro.com.

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Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission, including, but not limited to, Annual Reports on Form 20-F. 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.

SAP Forward-looking Statement

Any statements in this release that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. All forward-looking statements are subject to various risks and uncertainties described in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC), including its most recent annual report on Form 20-F, that could cause actual results to differ materially from expectations. SAP cautions readers not to place undue reliance on these forward-looking statements which SAP has no obligation to update and which speak only as of their dates.

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