Wipro has announced the launch of Wipro STO360™, a new solution developed in collaboration with Aramco and SAP to help asset-intensive organizations modernize and efficiently manage Shutdown, Turnaround and Outage (STO) operations. According to a regulatory filing dated September 17, 2026, this partnership combines Wipro's deep domain expertise with Aramco's business innovation and operational leadership to support industries including oil and gas, chemicals, mining, manufacturing, and utilities. The solution has been recognized as an SAP Endorsed App and is available on the SAP Store.
The solution is built on SAP's Business Technology Platform (SAP BTP) and designed using a modern cloud-native architecture. As reported by the regulatory filing, Wipro STO360™ provides an end-to-end solution that enables real-time visibility into critical activities, improved collaboration across teams, and more informed decision-making throughout the STO lifecycle. The platform is specifically designed to help organizations enhance asset reliability, improve operational efficiency, strengthen compliance, and reduce risk across maintenance programs.
According to the regulatory filing, Wipro STO360™ is positioned to serve asset-intensive organizations across multiple sectors including oil and gas, chemicals, mining, manufacturing, and utilities. Vinay Firake, CEO of APMEA (Asia Pacific, India, Middle East, and Africa), Wipro, stated that asset-heavy industries need to embrace AI-led transformation quickly and at scale due to increasing complexity, regulatory expectations, and the need for operational excellence. Firake emphasized that Wipro STO360 combines deep industry expertise, Wipro Intelligence capabilities, and cloud-native engineering to help Aramco and other enterprises optimize STO operations, improving asset reliability, strengthening compliance, and unlocking measurable business value.
Ahmad O. Al Khowaiter, Aramco Executive Vice President of Technology & Innovation, expressed excitement about implementing Wipro STO360 to help transform business operations. According to Business Standard reports, Al Khowaiter stated that leveraging cutting-edge technology, they aim to set new benchmarks in operational excellence to continue their strong position in the industry. This initiative is specifically designed to support Aramco in optimizing the Turnaround and Inspection planning and execution phases by increasing the process efficiency and productivity.
Darryl Gray, Global Senior Vice President of ISV Partner Management at SAP, noted that Wipro STO360™ has achieved SAP-endorsed app status and supports clean-core-compliant innovation. The partnership builds on Wipro's established relationship with Aramco, as the company has been a long-term technology partner to Aramco for over two decades. This collaboration leverages Wipro's proven track record in delivering innovative solutions to help organizations optimize their STO operations and achieve measurable operational improvements.
Wipro shares closed 0.21% lower at ₹166.35 per unit on Thursday, September 18, 2026, according to Business Standard reports. The stock has lost more than 8% over the month and 38% on a year-to-date basis. While the stock hit a 52-week high of ₹273.10 per equity share on December 22, 2025, it touched a year's low of ₹165.02 on September 17, 2026. Wipro has a total market capitalisation of ₹1.65 lakh crore as of September 17, 2026, according to NSE data. The company recently reported Q1 FY27 revenue of ₹24,479 crore, up 10.6% year-on-year with net profit rising 0.6% YoY to ₹3,356 crore, though IT services revenue declined 1.2% quarter-on-quarter.
