Bangalore: UK’s fourth largest food retailer Morrisons has selected Wipro Technologies to replace its existing IT systems to support future growth initiatives.
Wipro Retail, the specialist division of Wipro Technologies, will deliver a new and operating model for Morrisons that owns 375 stores and has an annual turnover of £13 billion. Both companies did not disclose the deal size.
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“Morrisons is making a major investment to give us the systems and processes to drive our business forward. Wipro Retail brings technology and retail business expertise to help us in the process,” said Richard Pennycook, CFO of Morrisons, in a statement.
Wipro has Rs 5,831-cr liquid investments
Core objective
Wipro will support Morrisons to achieve the core objective of delivering effective planning, management and delivery of large scale systems and process change based on the Oracle ERP platform.
Wipro Q3 net up 8.7% at Rs 898 cr
“This is more than a systems replacement programme. It is a business change programme, enabled by the replacement of the existing IT systems, in order to support the continued and future growth of the business,” said Gary Barr, CIO, Morrisons.
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The Retail and Transportation practice grew 11.4 per cent sequentially in constant currency terms and accounted for 18 per cent of Wipro Technologies’ revenues in the December quarter.
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