Wipro wins deal from Fruit of the Loom

The firm is expected to begin phased transition of its IT services to Wipro and the process will continue through March next year.

BCCL
“We will transition additional services to Wipro Limited, which has been a strategic partner since 2013,” said a spokesperson for Fruit of The Loom.
BENGALURU: Wipro has got a multimillion-dollar technology services deal from American underwear maker Fruit of the Loom, a company owned by billionaire investor Warren Buffett’s Berkshire Hathaway.

The Kentucky-based firm is a Wipro customer already. The firm is expected to begin phased transition of its IT services to Wipro and the process will continue through March next year. “Wipro does not comment on specific client engagements,” said a company spokesperson.

The deal focuses on improving efficiency in supply chain and distribution. “We will transition additional services to Wipro Limited, which has been a strategic partner since 2013,” said a spokesperson for Fruit of The Loom.


A phased transition will start immediately and continue through March 2020, resulting in a reduction of approximately 100 positions, primarily located at the Bowling Green headquarters, it said.

According to analysts, such IT infrastructure management contracts may run up to $8-$10 million depending on duration of contract.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

Related Companies

More from our Partners

Loading next story
Business News › Tech › ITeS › Wipro wins deal from Fruit of the Loom
Text Size:AAA
Success
This article has been saved

*

+