Wipro ties up with oracle for co development

Indian IT services giant Wipro Technologies has entered into a master co-development agreement with Oracle to develop multiple industry solutions using Oracle Application Integration Architecture (AIA) - an open, standards-based platform for business process integration across Oracle, third-party and custom applications.

Under the arrangement, both partners will co-develop end-to-end industry process solutions for five different industry verticals, including communication, retail, consumer products, hi-tech, and industrial manufacturing.

Reports revealed that co-developed Oracle Process Integration Packs include campaign to cash for hi-tech, order to activate for communications and design to release for process manufacturing.

The scrip of Wipro Limited closed on Friday at Rs 567 on BSE. The counter has made 52-week-high and low of Rs 583 an Rs 182 respectively. (dpa)