Wipro, Microsoft, and SAP Join Forces to Drive Near Zero-Cost RISE with SAP Migrations

  • calendar30 Oct, 04:41 PM (GMT+5:30)
  • time2 Min
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Summary

Wipro has announced on Wednesday, October 30, a strategic collaboration with Microsoft and SAP to accelerate clients’ migration to RISE with SAP on the Microsoft Cloud. This initiative aims to deliver a cost-effective, efficient pathway for enterprises to transition from legacy SAP systems to SAP’s cloud-based S/4HANA platform.

Wipro, Microsoft, and SAP Join Forces to Drive Near Zero-Cost RISE with SAP Migrations

Key Takeaways from the Collaboration

  • Wipro, Microsoft, and SAP collaborate to accelerate RISE with SAP migrations on the Microsoft Cloud.
  • Financial incentives provided through the collaboration reduce migration costs significantly, aiming for “near zero cost.”
  • The initiative supports enterprises’ transitions from SAP S/4HANA on-premises to SAP S/4HANA Cloud, aligning with SAP’s long-term support strategy changes post-2027. 

This alliance not only provides clients with an optimized roadmap for adopting RISE with SAP but also offers financial incentives to bring migration costs close to zero. The transition enables companies to leverage Wipro’s digital transformation expertise, Microsoft’s robust cloud infrastructure, and SAP’s business process solutions for enhanced efficiency, digital operations, and customer experiences.

As SAP plans to transition support away from select on-premises systems beyond 2027, organizations are encouraged to migrate to SAP S/4HANA Cloud. This collaboration ensures that businesses can seamlessly modernize their ERP environments, positioning them to become intelligent enterprises with future-ready processes and capabilities.

About Wipro Limited:

Wipro Limited is a top technology services and consulting company that focuses on creating innovative solutions for clients’ complex digital transformation needs. By using our wide range of skills in consulting, design, engineering, and operations, we help clients achieve their goals and build sustainable, future-ready businesses. With more than 230,000 employees and partners in 65 countries, we are dedicated to helping our clients, colleagues, and communities succeed in a constantly changing world.

Source - NSE

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Sonata Software Partners with Fortune 50 Tech Giant to Enhance Global Retail Customer Experience

  • calendar30 Oct, 04:51 PM (GMT+5:30)
  • time2 Min
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Summary

Sonata Software announced on Wednesday, October 30, that it has entered into a strategic partnership with a Fortune 50 American multinational technology conglomerate to elevate customer experience and reinforce the company’s retail objectives across 16 major markets in North America, EMEA, and Asia. 

Sonata Software Partners with Fortune 50 Tech Giant to Enhance Global Retail Customer Experience

Key Takeaways from the Partnership

  • Sonata Software collaborates with a Fortune 50 American technology leader to reimagine the customer experience across 16 global markets.
  • Utilising Sonata CX, Sonata provides insights into the client’s product and service performance in key retail channels, guiding strategic sales and partnership decisions.
  • The collaboration spans North America, EMEA, and Asia, emphasising the multinational’s commitment to delivering a unified, top-tier retail experience worldwide.

Sonata Software hopes it can assist the client to have detailed insights into its products and services' performance in critical retail channels worldwide and therefore aids future growth and informs strategic partnerships.

Sonata Software will implement its bespoke customer experience solution, Sonata CX, which has in its bouquet a global network of certified evaluators and expert program design with its proprietary GDX reporting platform. The tool will bring to the client a holistic analysis of data and real-time insights on customer experience through data-backed decisions in bettering the product and services delivery in its key markets.

Sonata CX has, over three decades, undergone constant updates from being a platform that comes with some of the deepest assessments about both physical and digital experiences of customers who have insights to help the company come up with just one experience of the brand. Access to real-time data reporting is persona-based and free of license fee. Such access comes coupled with guidance through AI technology, for actionable insights needed for enhancing overall omnichannel performance.

About Sonata Software

Sonata Software, based in Bengaluru, India, has a strong international presence across regions like the US, UK, Europe, APAC, and New Zealand. Sonata Software is a partner of choice for leading global firms in diverse sectors, such as banking and financial services, insurance, telecom, media, technology, retail, consumer goods, manufacturing, and healthcare. Sonata offers a broad spectrum of modernisation services with leading solution offerings, such as cloud, data solutions, and contact centres, and has capabilities on emerging technologies, like generative AI and MS Fabric.

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Poonawalla Fincorp Partners with IIT Bombay to Enhance AI Capabilities

  • calendar30 Oct, 04:47 PM (GMT+5:30)
  • time1 Min
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Summary

Poonawalla Fincorp entered into a Memorandum of Understanding (MoU) with the Technology and Innovation Hub (TIH) at IIT Bombay to leverage artificial intelligence (AI) for transformative initiatives within the organisation.

Poonawalla Fincorp Partners with IIT Bombay to Enhance AI Capabilities

Key Takeaways from Poonawalla Collaboration:

  • Poonawalla Fincorp Ltd has signed an MoU with TIH at IIT Bombay to enhance AI capabilities.  
  • The collaboration will initially focus on AI-driven risk management in credit processes.  
  • It also aims to transform HR processes through innovative solutions.  
  • This partnership is a key step in Poonawalla Fincorp's goal to become a future-ready organisation.

This collaboration aims to explore AI-driven innovations, focusing initially on risk management in credit processes and improvements in HR functions. 

The partnership underscores Poonawalla Fincorp's commitment to enhancing productivity and fostering collaborative transformation through advanced technology.

About Poonawalla Fincorp Limited:

Poonawalla Fincorp Limited, part of the Cyrus Poonawalla Group, is a leading Non-Banking Finance Company (NBFC) specialising in consumer and MSME financing. With a commitment to trust, integrity, and excellence, the company offers a diverse range of financial products tailored to meet the needs of its customers. Emphasising transparency and innovation, Poonawalla Fincorp aims to empower individuals and businesses to achieve their financial goals. The organisation's mission is to be the most trusted financial services brand, supporting clients through ethical practices and collaborative efforts while making a positive impact in the communities it serves.

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Datawrkz, Nazara Subsidiary, Acquires UK-Based Growth Marketing Agency Space & Time

  • calendar30 Oct, 04:37 PM (GMT+5:30)
  • time2 Min
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Summary

Datawrkz, a subsidiary of Nazara Technologies Limited, announced on Wednesday, October 30, that it has acquired a full stake in Space & Time, a prominent growth marketing agency based in the UK, for approximately GBP 4.8 million (roughly INR 52.3 crores) through a mix of cash and stock. 

Datawrkz, Nazara Subsidiary, Acquires UK-Based Growth Marketing Agency Space & Time

Key Takeaways fron the Acquisition

  • Datawrkz acquired 100% of Space & Time for approximately GBP 4.8 million, marking a strategic move into the European and North American markets.
  • Combining Space & Time’s growth marketing expertise with Datawrkz’s programmatic advertising technology aims to offer high-impact digital advertising solutions.
  • Space & Time gains access to Datawrkz’s advanced technology, enabling them to deliver even more effective campaigns and capitalize on growth in Europe and North America.

This acquisition marks a significant milestone in Datawrkz’s ambitious expansion into European and North American markets, positioning it as a strong contender in the global digital advertising industry.

The partnership leverages Space & Time’s expertise in growth marketing and media with Datawrkz’s strengths in programmatic advertising technology. Through this acquisition, both firms aim to deliver enhanced digital advertising solutions, with a specific focus on strengthening their presence in the UK and European markets. Furthermore, Space & Time will benefit from Datawrkz’s advanced ad tech solutions, expanding its ability to execute high-impact campaigns and accelerate growth across regions.

Datawrkz, founded in 2013, has been dedicated to enhancing the effectiveness of digital advertising through innovative ad tech solutions. Since acquiring a 33% stake in Datawrkz in 2022, Nazara has fostered this commitment to global growth. Space & Time, established in 2000, has built a strong reputation in the UK as a Google Premier Partner, serving major clients such as Taylor Wimpey, Caffe Nero, O2 Retail, Save The Children, and Wolf 1834. Its CEO, Chris Jones, was recently named among the top 100 leaders in the UK’s digital industry.

About Nazara Technologies: 

As India’s only listed gaming and esports company, Nazara holds majority stakes in prominent brands like NODWIN Gaming and Sportskeeda and offers interactive gaming solutions across multiple markets.

About Datawrkz: 

Established in 2013, Datawrkz is a global ad tech firm that specializes in optimising digital advertising for growth through strategic solutions for advertisers and publishers.

About Space & Time:

A UK-based growth marketing agency founded in 2000, Space & Time excels in enhancing customer experiences through media and technology for top-tier clients across sectors.

Source - NSE

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