Wipro shines after bagging three years IT contract

Wipro has declared that it has won three years strategic IT contract from Norway-based rail company, NSB Group. The share price of Wipro has increased by 1.24 per cent on bourses in early trades;  and is trading at Rs 485.8 on an intraday basis.

NSB is one of Norway's largest transportation groups headquartered in Oslo. NSB has extensive passenger transportation operations by way of the rail and bus, freight by rail, property management and development and train maintenance segments.

Wipro will implement its Boundaryless Datacenter (BLDC) and LiVE Workspace solutions. The company will utilise its next-generation delivery framework ServiceNXT to deliver services, which will help NSB variablise their IT operations.

The proposed government-backed reforms in the Norwegian railway sector are expected to provide a fillip to the efficiency of the railways. The Wipro-enabled back-bone of IT infrastructure services will enable NSB to achieve greater flexibility, scalability, cost efficiency and offer an enhanced end-user experience. It will also help the company become more future-ready and competitive, in keeping with the spirit of the reforms.

As per Wipro's management, partnership with NSB will have significant positive impact on Norwegian transportation sector and customer experience of millions of passengers. The company is looking forward to leveraging its transportation sector domain expertise, coupled with  their deep infrastructure services capability and technology know-how.