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August 4, 2008 ( PowerHomeBiz
) - Bangalore, India
-- Wipro Infotech, the India and Middle East IT Business of Wipro Ltd and a
leading provider of IT and business transformation services today announced
that it has won a large IT outsourcing contract from Spencer’s Retail Ltd.
Spencer’s Retail Limited, a part of the Rs 13500 crores RPG Enterprises, is
a multi-format, food-first retailer, providing the widest range and
assortment of products to its key consumer segment of SEC A, in the age
group of 25 – 34. Spencer’s has standalone revenue in excess of Rs 1000
crores, operates 400 stores in 66 cities and has massive expansion plans of
reaching 1000 stores by end of 2009.
(news continued below))
Spencer’s has selected Wipro for delivering best in class Infrastructure
Management Services for a period of five years. As part of the scope, Wipro
is responsible for providing IT infrastructure support for all the stores,
distribution centers, regional and zonal offices for Spencer’s apart from
also supporting future store roll outs over the 5 year period.
Wipro will leverage its state of the art Global Service Management Centre,
Mysore to provide real time information through dashboards thus making the
entire delivery process more proactive for Spencer’s. This IT service
delivery transformation will benefit Spencer's with cost efficiencies,
enhancing IT system availability and streamlining IT delivery process for
Spencer’s.
Speaking on the occasion, Mr. Amit Mukherjee, chief information officer,
RPG Enterprises, said, “We are delighted to have chosen Wipro as our IT
services partner. Wipro has time and again showcased their superiority in
the Infrastructure Management Space and demonstrated their high end
capabilities, experience and knowledge in the Retail Domain. We are
confident that this partnership will be highly rewarding.”
Commenting on the same, Mr. Anand Sankaran, Chief Executive, Wipro
Infotech, said, “We are excited about the potential for growth in retail and
believe this agreement benefits the position of both parties to participate
in that robust growth. Spencer’s has ambitious growth plans to enhance its
geographical footprint and we are happy to support their strategic
initiatives to move to the next level of retailing powered with IT
innovations.”
About Wipro Infotech
Wipro Infotech, a division of the US$4.93 billion Wipro Limited, provides
enterprise customers with high value Information Technology Products,
Software Services, Solutions and Consulting Services in India and the Middle
East. Headquartered at Bangalore, Wipro Infotech serves customers in India
through a network of 22 offices and 170 service locations across the
country. It also has regional offices across the Middle East serving the
region.
About Wipro Ltd
Wipro Limited (NYSE:WIT) provides comprehensive IT solutions and
services, including systems integration, information systems outsourcing, IT
enabled services, package implementation, software application development
and maintenance, and research and development services to corporations
globally. Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5
certified IT Services Company globally. In the Indian market, Wipro is a
leader in providing IT solutions and services for the corporate segment in
India offering system integration, network integration, software solutions
and IT services. In the Asia Pacific and Middle East markets, Wipro provides
IT solutions and services for global corporations. Wipro also has profitable
presence in niche market segments of consumer products and lighting. Wipro’s
ADSs are listed on the New York Stock Exchange, and its equity shares are
listed in India on the Stock Exchange - Mumbai, and the National Stock
Exchange.
For more information, please visit our websites at
www.wipro.com ,
www.wiprocorporate.com , and
www.wipro.in
About Spencer’s Retail Limited
Spencer’s Retail Limited, part of the Rs 13,500 crores RPG group, is a
multi-format food-first retailer providing the widest range and assortment
of products to its key consumer segment of female, SEC A in the age group of
25 – 34. The organization runs 400 stores, including 28 large format stores
across 66 cities in India, focusing on verticals like food and grocery,
fruit and vegetables, electrical and electronics, home and office
essentials, garments and fashion accessories, toys, food and personal care,
music, books and mobility solutions, the later three forming part of
specialty retail division.
Spencers is one of the earliest entrants into the retail space and
literally introduced the Indian consumer to the concept of organized
retailing. In fact, the first ever hyper store in India was launched by
Spencers at Hyderabad in the year 2000. The journey onwards has been one of
the most aggressive of all the retail players in India. In the last
financial year, Spencers increased their stores from 150 to 400 with a
target of expanding by 600 more this year. It employs over 13000
professionals who are specially trained to live up to the consumer needs and
the business objectives of the organization. Spencers is on a high growth
path with a target of Rs. 2000 crores sales turnover by the end of the
current financial year.
Spencer’s was awarded the Turnaround Retailer of the year 2006 at the
India Retailers Forum, 2007 in Mumbai.
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