In a major drive to increase penetration for its SmartBPM suite in the global markets, Pegasystems Inc. (NASDAQ:PEGA) has signed a strategic partnership agreement with Wipro Technologies, the global IT services business of Wipro Limited (NYSE:WIT).
Pegasystems, the global leader in unified business process and rules technology, is targeting strong business growth in financial services, insurance and telecommunications. "To support this, Wipro has an enviable reputation for the quality and breadth of its domain knowledge and implementation expertise," confirms Steve Pasick, Pegasystems director of EMEA alliances.
"With its strong footprint in off-shore and on-shore systems integration, our new alliance with Wipro marks another important step for Pegasystems in developing a strong global BPM business."
For his part, Sanjiv Kovil, Wipro's vice president for e-enabling technology solutions, believes that the agreement is ideally timed, as companies look to improve process efficiency in order to react more quickly to changing commercial pressures. "BPM is emerging as a key technology providing a responsive, process-centric infrastructure closely aligned to the business,"
he confirms. "As a result, we have developed a dedicated center of excellence for BPM, reflecting its growing importance to Wipro.
"At the same time, Pegasystems' uniquely flexible business rules engine and solutions architecture is particularly well-suited to support those global organizations who may have grown by merger or acquisition and whose processes are supported by a diverse and fragmented array of back-end systems."
Pasick agrees and adds: "Pegasystems' rules-based BPM tools and Wipro's established domain expertise and best practice delivery capability will ensure enterprise clients achieve the necessary agility to survive and thrive in today's increasingly competitive markets."