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Wipro HOLMES, AI and ML enabled solutions,Now Generally Available

Wipro HOLMES, AI and ML enabled solutions,Now Generally Available

Wipro has launched it's Artificial Intelligence (AI) and Machine Learning (ML) solutions, Wipro HOLMES, targetted towards governing critical supply chain processes.

Wipro is India's third largest software services provider and also global information technology, consulting & business process services company.

The newly launched solutions such as Wipro HOLMES Machine Learning for Accounts Payable Auditor, Wipro HOLMES E-KYC and Wipro HOLMES Machine Learning for Contract solutions will leverage AI and ML services from AWS cloud platform. These AI enabled solutions will drive operational efficiency, productivity and superior customer experience for their enterprise clients.

The announcement noted that clients can access Wipro HOLMES E-KYC Controller Extractor and Wipro HOLMES™ E-KYC Financials Extractor on AWS Marketplace for Machine Learning.

Executive Opinion

Director, AWS Marketplace, Amazon Web Services, Garth Fort, said, "At AWS, our mission is to put machine learning in the hands of every developer. With AWS Marketplace, you can navigate, discover and deploy the ML models needed to build intelligent applications to fuel innovation. The AI and ML solutions leveraging Wipro HOLMES and AWS SageMaker help customers in applying AI to procurement, supply chain, compliance, and other domains.”

Vice President and Global Head – Wipro HOLMES™ and Automation Ecosystem, Wipro Limited, Rohit Adlakha, said, “We have leveraged the Wipro HOLMES™ AI and Automation platform and AWS AI and ML services to build several outcome-driven solutions. In addition, we have published some of our machine learning models on AWS Marketplace for Machine Learnings. Our relationship with AWS allows us to leverage the combined might of Wipro HOLMES™ and AWS to solve complex business problems for our clients in areas such as procure to pay, contract management, and customer onboarding, across industry sectors.”

Wipro HOLMES Deployments

Wipro HOLMES is a Wipro’s AI and Automation platform. The solution's integrated automation capabilities span across infrastructure, applications, and business process services. The announcement noted that Wirpo has already deployed its AI enabled solutions to over 350 clients.

The Greater Toronto Airports Authority (GTAA) is already using Wipro HOLMES Machine Learning for Accounts Payable Auditor solution. The solution audits vendor payment transactions. It proactively detects process anomalies, identifies outliers and prevents payment leakage in the company’s procure to pay process.

In February 2019, Wipro also announced its plans to setup Chair for Artificial Intelligence (AI) at the Swinburne University of Technology, Melbourne, Australia.

Update: missing image credits now included
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Mandar is a seasoned software professional for more than a decade. He is Cloud, AI, IoT, Blockchain and Fintech enthusiast. He writes to benefit others from his experiences. His overall goal is to help people learn about the Cloud, AI, IoT, Blockchain and Fintech and the effects they will have economically and socially in the future.

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