Sanoma Corporation, Press Release, 25 June 2014 at 10:05 CET+1
As part of the strategic redesign communicated on 31 October 2013, Sanoma transfers all ICT infrastructure and support functions to Wipro Ltd. (NYSE: WIT ), a leading global Information Technology, Consulting and Outsourcing company. As part of this centralization of services, 38 people in Finland and the Netherlands will become employees of Wipro. With the centralization of services to one partner, Sanoma targets both more homogeneous Group-wide services and cost savings.
”The ability to react and develop new offerings is crucially important in the changing media environment. The co-operation with Wipro proved to be the best solution both in terms of the price and the quality of the services. Wipro has deep domain experience from working with customers from the media industry and we believe that the co-operation with Wipro ensures the best possibility to speed up our technological development,” says Mikael Nurmi, CTO of Sanoma Technology.
29 people from Finland and 9 people from the Netherlands move to Wipro with existing terms of employment. Of the current infrastructure team 11 people in Finland and 7 in the Netherlands stay at Sanoma as counterparts for co-operation with Wipro. Sanoma Technology in-house team will focus more strongly on supporting the services that are critical to the business units in the future.
"The co-operation with Sanoma reinforces our global delivery capabilities to help media customers to adapt and stay competitive in a changing world. Wipro will leverage Sanoma employees’ valuable competence transferred to us, and help Sanoma in meeting its redesign objectives,” says Ayan Mukerji , Chief Executive, Global Media & Telecom, Wipro Ltd.
The centralization of services to Wipro is part of Sanoma’s EUR 100 million cost-cutting programme.
Additional information Sanoma’s Communications, Hanna Johde, tel. +358 40 673 8977 or communications@sanoma.com
Sanoma.com
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Sanoma is a front running consumer media and learning company in Europe. In Finland and The Netherlands we are the market leading media company with a broad presence across multiple platforms. Our main markets in learning are Belgium, Finland, the Netherlands, Poland and Sweden. In 2013, Sanoma’s net sales totalled EUR 2.1 billion. Sanoma is listed on the NASDAQ OMX Helsinki stock exchange.
About Wipro Ltd.
Wipro Ltd. (NYSE: WIT ) is a leading Information Technology, Consulting and Outsourcing company that delivers solutions to enable its clients do business better. Wipro delivers winning business outcomes through its deep industry experience and a 360 degree view of "Business through Technology" - helping clients create successful and adaptive businesses. A company recognized globally for its comprehensive portfolio of services, a practitioner's approach to delivering innovation, and an organization wide commitment to sustainability, Wipro has a workforce of 140,000 serving clients across 61 countries. For more information, please visit www.wipro.com
Wipro Media contacts: Vipin Nair tel. +91 80 39916260 vipin.nair1@wipro.com
Gitanjali Sreepal tel. +91 80 39918018 gitanjali.sreepal@wipro.com
