Wipro Technologies Wins Large Multi-Year Contract from Royal Philips Electronics

Wipro Technologies Wins Large Multi-Year Contract from Royal Philips Electronics PR Newswire BANGALORE, India and EINDHOVEN, Netherlands, July 24, 2012 BANGALORE, India and EINDHOVEN, Netherlands, July 24, 2012 /PRNewswire/ -- - Selected as Strategic Global Prime Partner Wipro Technologies, the Global Information Technology, Consulting and Outsourcing business of Wipro Limited (NYSE: WIT) today announced that the company has signed a large multi-year contract with Royal Philips Electronics as their Global Prime Partner in its Transformational program, towards enabling enhanced business growth and profitability. As a part of this strategic global engagement, Wipro will work with Philips on their transformational roadmap towards optimizing and enhancing all their business processes of Idea to Market, Market to Order and Order to Cash across a wide spectrum of technology enabling platforms that include Integration, User Interaction and Security & Authorization. Wipro will also be the System Integrator for key initiatives across these Philips' businesses and platforms. Jeroen Tas, Chief Information Officer, Royal Philips Electronics said, "As Philips continues to drive performance improvements across its businesses, we would like to reiterate our commitment to invest in innovation and customer intimacy that are at the heart of our transformational Program.