Wipro bags multi-year contract from McLaren Group

Indian IT major Wipro said that it has become the official technology provider to McLaren Technology Group, a UK based conglomerate know for its Formula 1 performaces.

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Indian IT major Wipro said that it has become the official technology provider to McLaren Technology Group, a UK based conglomerate know for its Formula 1 performaces. “Wipro will assist McLaren with achieving its recently defined IT strategy, focusing on providing next-generation differentiated IT services to its business divisions with an emphasis on agility and improved reliability,” said a statement from Wipro.

As part of this multi-year partnership, Wipro will leverage the Wipro HOLMESTM platform and its next-generation managed services framework to offer flexibility and boost the productivity of McLaren’s fast growing automotive and high-tech businesses, said company.

“Wipro, with its deep domain expertise and vast application services portfolio, will help us achieve excellence as well as drive innovation in Artificial Intelligence,” said Craig Charlton, Chief Information Officer, McLaren Technology Group.

“Digitalisation is a great opportunity for renowned brands like McLaren to reimagine and redesign their products and services from their customer’s perspective. We are delighted to partner with McLaren Technology Group to bring this strategic initiative to life, enabling organisation-wide disruptive innovation,” said N S Bala, President – Manufacturing & Technology, Wipro Limited.

McLaren is known for competitive world of Formula 1, where it has forged a formidable reputation, having won 20 world championships and over 180 races. It create elite, high performance sports car business, supported by a global retail , and vehicles. Most recently, McLaren Technology Group has started partnering with leading organisations to develop solutions in areas as diverse as manufacturing, sport, healthcare and financial services.

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Israeli startup Coralogix raises $25 million in Series B funding

Israel-based startup Coralogix which deals in machine learning-powered log analytics and monitoring solution has raised $25 million in Series B funding round, bringing the company's total amount raised to $41.2 million
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