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Wipro Limited: Wipro and Telefónica Germany / O2 Sign Radical IT Transformation Partnership Agreement


Wipro Limited: Wipro and Telefónica Germany / O2 Sign Radical IT Transformation Partnership Agreement
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting, and business process services company, today announced a five-year strategic partnership with Telefónica Germany O2, a leading provider of mobile telecommunications, broadband and landline in Germany.
As a part of this contract, Wipro will work with Telefónica Germany O2 and its wider ecosystem to transform its Business Support Systems and associated Quality Assurance to enable superior customer experience and growth in the B2B market segment. This Radical IT Transformation (RAITT) program brings Wipro and Telefónica Germany O2 together to allow for risk-mitigated self-funded transformation that will benefit both companies. ....

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Global Hydraulic Components Market Report 2020: Profiles of 44 Major Companies & Industry Guide Containing Contact Details for 550+ Companies


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Construction Machinery is estimated as the largest end-use industry for Hydraulic Components globally, with a US$16.3 billion market in 2019.
The COVID-19 crisis that has the world in its grips has taken a toll of the hydraulic components industry, too, although not to the devastating extent to which other sectors have been affected. Marginal declines are likely to be witnessed across the board over 2019-2020 and some semblance of growth can be expected only towards mid-2022.
However, this positive outlook depends on how the pandemic situation pans out over the coming months and how economies react to developments. Ill-thought out lockdowns being imposed by governments based on the ground situation that varies from region to region have their own negative impact on industrial activity, to which the hydraulic components sector is also susceptible. ....

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