AI and ML solutions regulates supply chain processes
Consulting firm, Wipro has announced that it has collaborated with Amazon Web Services (AWS). With this collaboration, Wipro’s Artificial Intelligence (AI) and Machine Learning (ML) solutions are now accessible on Amazon Web Services (AWS). Wipro’s newly launched AI and ML solutions will regulate critical supply chain processes for its customers.
The AI and ML solutions leveraging Wipro HOLMES and AWS SageMaker help customers in applying AI to procurement, supply chain, compliance, and other domains. Furthermore, AWS capabilities like AWS SageMaker will be hosted and used for supply chain processes which include accounts payable auditor, e-KYC and contract solutions
Rohit Adlakha, Vice President and Global Head – Wipro HOLMES and Automation Ecosystem, Wipro Limited stated, “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.”
Strengthening AI and ML Models to fuel innovation
Wipro solutions related to machine learning will primarily be used by developers and data scientists to assemble, develop, and install machine learning solutions. Garth Fort, Director, AWS Marketplace, Amazon Web Services Inc, stated, “With AWS Marketplace, you can navigate, discover and deploy the ML models needed to build intelligent applications to fuel innovation.
Rohit Adlakha, Vice President and Global Head – Wipro HOLMES and Automation Ecosystem, Wipro Limited stated, “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.
Avoiding inconsistencies in processes
Wipro will also implement its Wipro HOLMES Machine Learning for Accounts Payable Auditor solution for the Greater Toronto Airports Authority (GTAA). The solution reviews vendor payment transactions to uncover process inconsistencies, pinpoint deviations and avoid payment leakage in the companies procure to pay process.
Pierre Lanthier, Director of Innovation and Transformation, The Greater Toronto Airports Authority (GTAA) stated, “Like part of this endeavor and given increasing business complexity, we were looking to apply innovative thinking in our procure to pay process. The Wipro HOLMES artificial intelligence and automation platform along with AWS have helped us adopt a preventive and proactive strategy to mitigate rising operational and compliance risks in our procure to pay process.”
