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Wednesday 10 November 2021

Company Updates 10.11.21

Wipro Selected as Partner in the Transformation of Aggreko’s Finance and Procurement Function

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, announced that it is has been chosen as a strategic partner in the transformation of Aggreko’s Finance and Procurement function

Aggreko, a world leader in mobile modular power, temperature control and energy services helps transform the lives and livelihoods of individuals, organisations and communities across the globe. Its Rental Solutions and Power Solutions businesses solve complex solutions across the key sectors of oil & gas, petrochemical & refining, building services & construction, utilities, events, manufacturing and mining. With projects in the world’s busiest cities to its most remote places, Aggreko operates in over 80 countries through 193 sales and service centres with around 6,000 employees worldwide.

Wipro has created a customised solution for Aggreko to automate the transactional activities of its Finance and Procurement function and improve efficiency.

Heath Drewett, Chief Financial Officer, Aggreko said, “This is a key milestone on our journey to improve both the efficiency and effectiveness of our Finance and Procurement function. Our partnership with Wipro will help transform how we operate and support our business moving forward. I am delighted to have the Wipro team, with its extensive industry knowledge and expertise, alongside us as we progress from here.” 

Omkar Nisal, Managing Director, UK and Ireland, Wipro Limited said, “We are honoured to be selected as a strategic transformation partner to Aggreko’s Finance and Procurement function. The introduction of advanced technology has transformed the way we do business. Through Wipro’s customised solution, Aggreko will have instant data access, faster business processes, better reliability, and the automation of many manual tasks. We look forward to assisting Aggreko as it looks to modernise its Finance and Procurement function and thus drive greater efficiency and results for its customers.” 

With Wipro’s solution, Aggreko’s Finance and Procurement capability will be standardised, simplified, automated, and modernised to suit the emerging needs of both Aggreko and its customers in the years to come

TCS Recognized as a Leader in Enterprise Quality Assurance Services by Everest Group

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has been named a Leader in the Everest Group PEAK Matrix® for Enterprise Quality Assurance (QA) Services

The report cites TCS’ strong suite of tools armed with domain-specific solutions in high-growth industries such as BFSI and healthcare and testing of next-generation technologies such as distributed ledger and immersive technologies as key strengths. It goes on to say that TCS’ huge investments in the QE transformation journey through thought leadership and talent development are well received by enterprises across the globe. According to the report, clients consider TCS to be a trusted strategic partner with its proactive approach toward innovation and cooperation

“Our focus on innovation and transformation, deep contextual knowledge and domain expertise, backed by our rich portfolio of QA offerings across next-gen technologies and verticals, enable us to drive firsttime-right quality at speed, accelerating our customers’ transformation journeys,” said Prabhakar Karamsetty, Global Head, Quality Engineering and Transformation (QET), TCS. “We believe our positioning as a Leader in this report is a testament to our efforts in building holistic and differentiated capabilities in the QA space, including a pioneering platform-based approach to QA, pervasive AI driven QA accelerators, and flexible and outcome-driven engagement models”

TCS’ QET practice offers end-to-end QA consulting, transformation, and execution, to holistically address enterprises’ QA needs. TCS was the first service provider in the industry to launch AI-driven testing and today focuses on pervasively embedding AI across QA services and accelerators.

It has established a unique Transformation Office, with a specific set of QA transformation offerings in order to continually transform the quality landscape of its clientele. Additionally, TCS offers a cataloguebased pricing model that gives customers flexibility to avail QA services tailored to their needs

TCS investments in research and innovation have resulted in platforms that significantly accelerate the assurance process. Its Cloud Assurance Platform and Big Data Assurance Platform enable assurance in cloud transformation programs. TCS also launched ‘One Automation Ecosystem’, a technology agnostic, intelligent and integrated platform for Enterprise Test Automation. TCS’ SmartQE platform has been instrumental in enabling AI led-testing across the quality value chain with capabilities to validate AI systems.

“In a digital-first world, achieving a quality software product in an accelerated manner is a critical success factor, pushing enterprises to make QA-focused investments,” said Ankit Gupta, Practice Director, Everest Group. “TCS’ offering portfolio, including industry-specific solution, and customer-centric approach, has helped position it as a Leader in the Enterprise QA Services PEAK Matrix® Assessment 2022. TCS has also invested in fostering strategic partnerships and upskilling talent to cater to next-generation QE demands.” 

Lupin Raises Awareness about Mental Health by Partnering with Singer Shaan to Relaunch the Iconic Song ‘Tanha Dil Tanha Safar’ 

With the objective of raising awareness about mental health, global pharma major Lupin Limited (Lupin) announced that it is partnering with Shaan, famous Indian playback singer, for the re-launch of Shaan’s iconic hit song, ‘Tanha Dil Tanha Safar’ nationally today. The audio release of the song is now available on YouTube. 

According to the World Health Organization (WHO) report, globally it is estimated that 5% of adults suffer from depression. To add on, in the wake of the Coronavirus pandemic, there have been a surge in the number of people being diagnosed with depression.

At Lupin, we have actively involved in raising awareness about mental health. Where words fail, music takes over as the most powerful means of expression, and that is why we have partnered with Shaan to re-launch the iconic song ‘Tanha Dil Tanha Safar’. While this song track focuses on a serious issue, it still has magic and soulfulness that can help people through a difficult time. 

L&T Technology Services partners with Microsoft to offer IIoT-based smart manufacturing solutions

L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a leading global pure-play engineering services company, announced that it has entered into an agreement with Microsoft to offer LTTS’ Energy & Sustainability Manager Solution on Microsoft Azure to digitally transform and create sustainable factories of the future.

LTTS’ Energy & Sustainability Manager is a comprehensive compliance and standarddriven solution that tracks energy losses across plants - the goal being to sustainably reduce wastage throughout a business and providing visibility into utilities and plant equipment. Deployed on Azure, the solution will be taken jointly to end-customers as IP-Cosell solution across a variety of industries. 

This latest agreement is part of LTTS’ expanded collaboration with Microsoft to enable enterprises around the world to leverage LTTS’ cutting-edge Manufacturing Solution suite hosted on Azure enterprise cloud-first, mobile-first infrastructure.

In a smart factory setup, it has become mandatory to track and audit all forms of energy consumption and at the same time achieve sustainability goals. Keeping energy efficiency objectives in mind, a company-wide commitment towards energy conservation is imperative with visibility into resource utilization across the water, air, natural gas, electricity, and steam to improve the energy map, comply with statutory regulations, save on energy cost, and achieve net-zero carbon emission. 

Abhishek Sinha, Chief Operating Officer and Member of the Board, L&T Technology Services said, “Energy savings and sustainability have become key goals of all major digital transformation exercises. In such circumstances, it is paramount that manufacturing companies achieve environmental compliance and standards, while ensuring that environmental goals are observed across the organization. With efficient business operations, enhanced energy management and state-of-the-art green technologies as its pillars, LTTS’ Energy & Sustainability Manager solution will help companies achieve significant energy savings and also attain sustainability goals.” 

Venkat Krishnan, Executive Director, Global Partner Solutions, Microsoft India said, “With sustainability at the core of our business, Microsoft has been helping companies achieve the highest levels of environmental sustainability. We are supporting organizations to explore energy innovations for next-gen sustainable technology, while reimagining business models and building a better planet. This collaboration with an engineering services’ leader like LTTS, can transform legacy plants and truly create factories of the future.”

Previously, LTTS has also helped develop the World's Smartest Office Campus in Israel in collaboration with Microsoft. The futuristic campus is being run on LTTS’ smart campus platform i-BEMS (Intelligent Building Experience Management System), considered the backbone of the modern smart building that provide energy saving technology and cloud-based asset management to complement Microsoft’s Digital User Experience design solutions

Zydus Cadila receives final approval from USFDA for Glycopyrrolate Injection

Zydus Cadila has received final approval from the USFDA to market Glycopyrrolate Injection in the strengths of 0.2 mg/mL and 0.4 mg/2 mL (0.2 mg/mL) Single-Dose Vials and 1 mg/5 mL (0.2 mg/mL) and 4 mg/20 mL (0.2 mg/mL) Multiple-Dose Vials, (US RLD: Robinul). Glycopyrrolate is used before surgery to decrease the volume of secretions from mouth, lungs and stomach. It can also be used either before or during surgery to maintain heart’s normal beating rhythm. It is also used to counter the effects of some other medicines, which can slow heartbeat or produce excessive secretions when used during surgery. Glycopyrrolate injection can also be used in adults as an adjunctive therapy for the treatment of gastrointestinal ulcer when rapid effect is desired or when oral medication is not tolerated. The drug will be manufactured at the group’s injectables manufacturing facility at CHL-Jarod, near Vadodara (earlier known as Liva Pharmaceuticals Ltd.).

The group now has 324 approvals and has so far filed over 400 ANDAs since the commencement of the filing process in FY 2003-04

Airtel and Oracle Double Down on Partnership to Accelerate India’s Digital Economy

Oracle and Bharti Airtel (“Airtel”), India’s premier communications solutions provider, have extended their partnership to support the growth of India’s digital economy by bringing a range of industry leading cloud solutions to more than 1 million enterprise customers.

The number of active Internet users in India is projected to grow from 622 million in 2020 to over 900 million by 20251 , driven by affordable smartphones and data tariffs. With 5G services expected to begin in 2022, the Indian economy will see a further surge in demand for digital services and applications. Additionally, organisations are moving to cloud-based applications to accelerate their digital transformation journeys. As a result, India’s public cloud market is expected to grow from USD 3.6 billion in 2020 to USD 9.5 billion by 2025

Oracle Cloud to expand in India with Nxtra by Airtel To support the increasing demand for cloud services in India, Oracle will expand its India West (Mumbai) region capacity with Nxtra by Airtel – the data centre subsidiary of Airtel. The expanded Oracle Cloud Mumbai Region will be available in 2022. Nxtra by Airtel operates India’s largest data centre network of 10 hyper data centres and 120 edge data centres and plans to invest Rs. 5000 cr (USD 760 million) by 2025 to expand capacity by 3X to over 400 MW.

The expanded Mumbai Region will complement Oracle’s existing MeitY-empanelled cloud regions3 in Hyderabad and Mumbai, which already serve hundreds of customers in the country, spanning the private and public sectors. The expanded region will enable more customers to leverage Oracle’s next-generation cloud infrastructure and Airtel Business network to innovate and accelerate their business growth.