Wipro Digital, the digital business unit of Wipro, a leading global information technology, consulting and business process services company, and Alfresco, a leading enterprise open source provider of process automation, content management and information governance software, announced an expanded global partnership to create, build and run open source based digital transformation programs for its clients, across the globe.

The partnership will bring together Wipro's expertise in digital transformation and Alfresco's Digital Business Platform. As a part of this alliance, the two companies will launch a series of go-to-market (GTM) initiatives, that includes a joint Predictive Service Automation solution using Artificial Intelligence, Machine learning and a microservices based framework, that will transform the future of asset maintenance.

Chandra Surbhat, Vice President and Global Head, Digital Experience, Wipro, said, “It has been our endeavour to make our clients win in their digital transformation journey. Through this partnership, we aim to accelerate our open source transformation programs to deliver cost effective and robust business outcomes to our clients, globally''. Bernadette Nixon, CEO, Alfresco said, ''Adding Wipro's predictive service automation solution into the Alfresco Digital Business Platform allows us to offer a reduction in operating and capital costs, longer asset life and improved uptime to our clients. I am very excited that we are partnering with Wipro, a recognized market leader in digital transformation, to design and deliver this new solution that will bring enhanced value to our clients.''

Enterprises using this solution can quickly start eliminating asset failure, through the intelligence module that enables action from decades of data. They can also leverage augmented reality and virtual reality technologies to speed up incident resolution and reduce training and recruitment costs. Third party partners can integrate their capabilities through APIs, which means that customers will enjoy faster time-to-value through microservices capabilities.

Shares of the company declined Rs 5.5, or 1.66%, to trade at Rs 326.20. The total volume of shares traded was 14,767 at the BSE (9.50 a.m., Friday).