Wipro and Oracle launch Process Integration Pack

BANGALORE: Wipro Technologies, the global IT services division of Wipro Limited, and Oracle on Tuesday announced the launch of the co-developed Oracle Application Integration Architecture (AIA) Process Integration Pack (PIP) for the retail industry.

The Oracle AIA PIP integrates Oracle Retail Merchandise Operations Management and the Oracle E-Business Suite Financials using Oracle Application Integration Architecture (AIA) to offer customers a pre-configured, supportable and upgradeable integration of the retail merchandising execution applications with the financial operation control applications, a Wipro statement said.

"This Oracle AIA PIP addresses some of these key financial operation control processes for retail merchandising system including - Inventory Valuation, Revenue Recognition and Merchandising Procure to Pay", it said.

This Oracle AIA Process Integration Pack development is part of the larger co-innovation agenda between Oracle and Wipro and is driven by master services agreement signed earlier in 2009.

Wipro is one of the first partners to sign such an agreement with Oracle wherein end-to-end industry process solutions across five industries including communication, retail, consumer products, hi-tech, and industrial manufacturing would be developed.