Wipro has become the official technology provider to McLaren Technology Group to help drive digitalization across its businesses. Wipro will assist McLaren with achieving its recently defined IT strategy, focusing on providing next-generation differentiated IT services to its business divisions with an emphasis on agility and improved reliability.

As part of this multi-year partnership, Wipro will leverage the Wipro HOLMES artificial intelligence platform and its next-generation managed services framework to offer flexibility and boost the productivity of McLaren's fast growing automotive and high-tech businesses.

N S Bala, President, Manufacturing & Technology, Wipro, added, "Digitalisation is a great opportunity for renowned brands like McLaren to reimagine and redesign their products and services from their customer's perspective. We are delighted to partner with McLaren Technology Group to bring this strategic initiative to life, enabling organization-wide disruptive innovation."

Shares of the company declined Rs 12.2, or 4.12%, to trade at Rs 283.85. The total volume of shares traded was 136,242 at the BSE (9.46 a.m., Thursday).