Vuram acquisition to accelerate journey towards digitally-led solutions, says Murugesh
WNS (Holdings) Limited (NYSE: WNS) has acquired Chennai-based Vuram, a global leader in enterprise automation services to help companies accelerate digital transformation by aligning, automating and optimizing processes using a combination of low-code software applications and intelligent automation platforms.
By integrating these technologies into core business operations, Vuram is able to drive end-to-end enterprise automation and the creation of custom, scalable BPM solutions, WNS said in a release on 1 July 2022.
These solutions include the ability to extract, collect and categorize data using OCR and AI-based document processing, develop rule-based processing engines and ML-based augmentation as well as leverage advanced analytics to improve decision-making.
Vuram has also created customizable, low-code, “plug and play” solutions across front, middle and back-office functions, including industry-specific solutions for the Banking, Financial Services, Insurance and Healthcare verticals.
“WNS expects that the acquisition of Vuram will accelerate our organizational journey towards digitally-led, human-assisted services and solutions,” said Keshav Murugesh, WNS’ Chief Executive Officer.
“Their depth of knowledge in helping large global companies drive fast, scalable enterprise automation and business transformation is well-aligned with WNS’ short-term and long-term strategic plans.
“We believe that Vuram is an excellent fit for WNS with respect to capability, approach and culture. It brings a proven track record of delivering strong growth, healthy margins and exceptional customer value. We are pleased to welcome the Vuram team to WNS,” said Murugesh.
“Vuram is excited to join forces with WNS, an established leader in Business Process Management,” added Venkatesh Ramarathinam, Vuram’s Founder and CEO.
“By combining the unique capabilities of our two companies, we will enable clients to accelerate the automation, optimization and transformation of their business models.
“We look forward to working with the WNS team to continue to create custom, technology-led solutions and competitive advantage for our BPM clients.”
Founded in 2011 Vuram currently has approximately 900 people with digital skillsets in India, the United States, Mexico, Australia, Canada and the UK. fiinews.com
