Barcelona: Wipro Technologies, the Global Information Technology, Consulting and Outsourcing business of Wipro Limited (NYSE: WIT) and Axeda Corporation, the leading provider of cloud-based service and software for managing connected products and delivering machine-to-machine (M2M) applications, today announced a strategic alliance. Together, Wipro and Axeda will provide services and end-to-end solutions to help organizations connect with any asset, leverage machine data to enhance business processes and develop new innovative enterprise applications.

The Axeda Machine Cloud is a cloud-based service for managing connected assets and implementing innovative M2M applications. It facilitates rapid M2M application development and includes out-of-the-box device and asset management applications to reduce the cost and complexity of implementing M2M solutions. When coupled with Wipro's development services, system integration, industry expertise and global presence, organizations now have access to best of breed capabilities that enable them to evolve from basic machine monitoring and service to the most advanced levels of machine data integration in the enterprise, and connected product optimization and differentiation.

Benefits of the Wipro - Axeda Solution include:

Faster-time to market. Wipro's strategic relationship with Axeda ensures built-in expertise that fundamentally enables faster rollout of M2M services.

Simplified experience. From device management to quick application enablement, organizations can pick a solution that is easily repeated, making every aspect of M2M offerings easier.

Increased revenue. End-to-end solution reduces implementation risks, program management and custom development costs, and speeds time-to-value.

"The market needs a comprehensive solution provider with global reach that can provide a horizontal M2M platform with vertical industry offerings," said Ayan Mukerji, Senior Vice President and Global Head, Media and Telecom, Wipro Technologies. "Our clients engage with us for strategic guidance on how to get their respective organizations connected, and then what to do with the data, once they are connected. Our alliance with Axeda ensures that organizations in every geographic region, serving a variety of vertical industries, have the ability to launch a M2M offering that is easier, faster and significantly more cost effective than creating their own."

"One of the most valuable uses of real-time machine data is detailed predictive analytics," said Jack Sweeney, chief executive officer at Axeda. "Wipro brings extensive capabilities in Big Data analytics across a variety of verticals including telecommunications and media, healthcare, energy and utilities and manufacturing. The combination of real-time machine data from Axeda with Wipro's analytics will help our joint customers make better decisions that foster better outcomes."

"Yankee Group has long held the belief that strong industry partnerships such as this can act as a major catalyst to unlocking the transformational power of machine to machine data communications," said Brian Partridge, vice president of research at Yankee Group. "At the intersection where enterprise M2M applications, enabling platforms, and real-time analytics meet is one of the most promising, but yet untapped, areas in the market today. Solutions that can unlock that value hold the potential to be game changing for enterprise customers seeking to increase revenues, improve efficiency, and/or enhance customer experience by adding M2M to their business operations. Assuming excellent strategic partner collaboration and execution between Wipro and Axeda, customers stand to benefit from the combined competencies and experience two of the early leaders in M2M can bring to the table."