Japan’s Olympus signs on Wipro for cloud, IT infrastructure transformation project

Bengaluru-based information technology services major Wipro has signed a multi-year deal to transform the cloud and IT infrastructure of Japanese medical technology company Olympus. The financial terms of the deal were not disclosed.

The deal will see Wipro work with the Tokyo-headquartered Olympus to augment the latter’s cyber governance, cloud and infrastructure services. 

The century-old Japanese firm makes optical and digital solutions for the medical, life sciences and industrial equipment industries, apart from cameras and audio products.

Wipro will leverage its Japan-focused delivery framework, SHINRAI, to ensure that it meets the stringent quality processes required to fulfil the deal conditions. This will also ensure reliability and predictability of delivery to improve customer satisfaction and experience, it said in the statement.

“Wipro is a strong global partner for the modernisation of our IT infrastructure. The partnership will form a strong IT backbone and accomplish our global transformation into a leading medtech company,” Olympus CIO Stephen Kneebone said.

The country's fourth largest IT exporter said that it would deploy its cloud-bot digital consultant platform HOLMESTM to transform Olympus’ operations with AI (artificial intelligence) and hyper-automation and bring in enhanced efficiencies along with significantly better user experiences.

“We are well placed to support Olympus in their digital journey using Wipro’s portfolio of offerings in the areas of cloud, digital workplace and AI, which are transformation and innovation-focused. Our industry best practices and experience in delivering outcome-based services will help us deliver significant value to Olympus," said Manoj Nagpaul, senior vice president, Asia Pacific and Japan for Wipro.  

Wipro said that it will also deploy the BoundaryLess enterprise solution (BLE) that will strengthen and harmonise Olympus’s internal IT systems, improve the company’s security standards globally, apart from providing a seamless IT service experience to employees and stakeholders.

The last few months have seen several large enterprises hand out contracts, both globally and in India, that seek to leverage emerging technologies for their overall IT needs. 

Early this month, global accounting and professional services giant KPMG announced plans to invest $5 billion over the next five years to enhance its capabilities in the digital transformation of professional services. The company signed a five-year agreement to deploy Microsoft technologies, including its Azure cloud platform. The statement did not make clear what Microsoft's share of the $5 billion outlay would be. However, a large part of the KPMG outlay would be deployed for systems integration work by multiple IT service players such as Accenture, TCS, IBM or Infosys, apart from several SaaS players.

Around 10 days ago, Paris-headquartered information technology (IT) services company Capgemini won a six-year digital transformation deal worth over 1 billion Euros from German pharmaceuticals giant Bayer AG.

Last week, Mumbai-based information technology services firm Larsen and Toubro Infotech (LTI) signed a multi-year deal with Swedish financial services firm Hoist Finance AB to manage the company's IT operations.

Bengaluru-headquartered information technology (IT) services firm Infosys last week signed a five-year digital transformation deal with Belgian telecommunications provider Telenet.