Wipro bags multi year contract from HM Treasury

19 Aug 2022 , 09:21 AM

HM Treasury is the UK governments economic and finance ministry, maintaining control over public spending, setting the direction of the UKs economic policy and working to achieve strong and sustainable economic growth. The service will enable seamless integration of IT services across multi-functional suppliers and partners, enhancing the user experience across HMT and its arms length bodies, the company stated. As per the exchange filing, Wipro and HMT will collaborate to enable end-to-end SIAM services, from strategy, design, and implementation to running business-as-usual services such as day-to-day coordination of service integration across HMTs vendors. Wipros robust SIAM capabilities and proven approach will complement HMTs vision to build a sustainable and continuously improving supplier ecosystem and infrastructure. Omkar Nisal, manager director UK & Ireland, Wipro, said, ?We are delighted to form a partnership with HMT and to play a key role to drive their One Team culture. The Wipro team will be acting as an orchestrator; managing and governing end to end service operations across all of HMTs suppliers; delivering operational efficiency, transparency and improved service quality. Public Sector digitalisation is vital to providing efficient and resilient services to citizens across the UK, so its an honour to play an important role in a prestigious government department at the beating heart of the UK economy.? Huw Stephens, chief information officer, HM Treasury, said, ?I am looking forward to working with Wipro in shaping and delivering the next generation of IT services at HM Treasury. This new partnership will support the department by improving end to end IT services by delivering more responsive services for our users.? Wipro is a leading global information technology, consulting and business process services company. The IT majors consolidated net profit dropped 16.96% to Rs 2,563.6 crore on 3.21% rise in revenue from operations to Rs 21,528.6 crore in Q1 FY23 over Q4 FY22. Shares of Wipro were up 0.84% to Rs 438.65 on the BSE. Powered by Capital Market – Live News