Wipro and SuccessFactors, a SAP subsidiary have joined hands in order to leverage the cloud-based business execution software market.
As part of the agreement, Wipro will help to market and provide consulting and implementation services for SuccessFactors Business Execution (BizX) suite globally. SuccessFactors will invest in marketing and sales efforts to increase Wipro's presence across its customer base.
The two companies plan to develop a joint business plan for the two year engagement and offer software solutions and services to help organizations leverage technology to manage the evolving needs of today's workforce. This partnership is expected to further establish Wipro's position in support of the SAP ERP Human Capital Management (SAP ERP HCM) application and cloud space.
"As SuccessFactors is the driving force behind SAP's new cloud efforts, the partnership will provide Wipro with an early mover advantage and create the right engagement opportunities with customers, in support of SAP cloud offerings," said Amitava Sharma, Vice President and Global Practice Head, SAP solutions, Wipro Technologies. He added, "Wipro is very excited about the prospects of this partnership and expects it to account for a significant percentage of its revenues related to SAP ERP HCM - by 2013.
Mercedes Ellison, Vice President, Global Alliances and Channels, SuccessFactors said,"We are pleased to partner with an established and like-minded company like Wipro to further help organizations to bridge the gap between their company's strategy and execution."