Wipro invests $5 Million in Axeda
Wipro Ltd(NYSE:WIT) and Axeda Corporation have reportedly announced that Wipro, an Axeda Platinum Partner, has made an investment in Axeda. With this investment, Wipro and Axeda will accelerate services and end-to-end solutions designed to help organizations connect with any asset, leverage real-time machine data to enhance business processes, and develop new innovative enterprise applications.
As a Platinum Partner, Wipro will receive top-priority commitment from Axeda and preferential benefits such as dedicated access to Axeda trained technical resources and premium support and services to drive Machine-to-Machine (M2M) initiatives.
"Wipro's investment in Axeda is driven by growing demand and interest for M2M solutions across verticals from global customers and partners alike. We find that customers prefer to work with mature partners like Wipro and Axeda who have the capability and experience to plan, build and integrate M2M solutions that are able to demonstrate quick business results," said Anurag Srivastava, Chief Technology Officer, Wipro.
The partnership gives Wipro and Axeda's customers the ability to benefit from Axeda’s rapid M2M application development and Wipro’s big data analytics capabilities to make more informed decisions that foster better business outcome.
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