Wipro, Reltio to develop cost effective MDM solutions

Information technology consulting and system integration services company, Wipro, has partnered with enterprise applications and data management company, Reltio. Both the companies claim to have come together to develop faster and cost effective Master Data Management (MDM) solutions. MDM as a discipline and technology, is used by enterprises in their quest for a single reliable, high quality 360-degree view of customer or product profiles. The alliance will help clients from both the companies bridge the gap between data and insights by improving the reliability of information, and at the same time making sure that users get access to relevant data. The announcement comes after Wipro collaborated with Stibo Systems that specializes in MDM in the month of August. Pallab Deb, Vice President & Global Head – Analytics, Wipro Limited said:
“We are excited to partner with Reltio, which has superior technology offerings for next-generation master data management. Wipro’s experience in global MDM implementations and machine learning coupled with Reltio’s big data technology and unique commercial graph offering will help our clients decipher complex relationships between their customers, accounts and products. And significantly improve how they derive business benefits out of big data insights.”

What will the alliance offer?

The joint offering will address all the issues related to technologies such as Big Data, Analytics, and Machine Learning. Reltio claims that its Cloud platform is the only Platform as a Service (PaaS) to deliver enterprise data-driven applications with reliable MDM, relevant big data insights, and intelligent recommended actions. Through this platform both the companies claim to offer enterprise users with real time access and easy integration. In conjuction, Wipro and Reltio will also provide a market to the solutions that includes modern data management and data-driven applications. Commenting on the partnership, Vasu Vallurupalli, Vice President Alliances, Reltio said, “Wipro has differentiated expertise in delivering best-in-class MDM implementations across industry sectors. Using their rich experience in MDM and Reltio’s modern data management platform and data-driven applications, organizations can truly unlock the power of their data and successfully address complex business challenges.”