Wipro Technologies to Serve BJ’s – Analyst Blog
Zacks Market Commentaries (July 28th, 2009) Writes:
Wipro Technologies, the global IT services arm of Wipro Limited (WIT), has executed a five-year agreement to provide IT data center and applications management services for BJ’s Wholesale Club, Inc. (BJ), which provides discount branded merchandise. As per the contract, Wipro will relocate BJ’s mainframe and open systems environment to its data center in Omaha, Nebraska. This will enable BJ’s to customize infrastructure solutions, provide more flexibility and improve applications support and efficiently focus its IT spend. Wipro will provide applications management, support, disaster recovery, enterprise security and compliance services to BJ. Wipro has enjoyed a compounded annual revenue growth rate of 25% over the last five years, exhibiting stability, profitability, and growth from its inception and through down markets for IT services. A solid growth strategy, strategic acquisitions, robust performance of the IT Services and Products segment, and a leading position in the Indian Outsourcing
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