Bangalore, India - July 25, 2011: Wipro Technologies, the Global Information Technology, Consulting and Outsourcing business of Wipro Limited (NYSE: WIT) today announced the launch of its proprietary 'Wipro Easy-Upgrade' solution for Oracle E-Business Suite, which can enable complete assessment, implementation and management of Oracle Applications. The solution, which is a part of Wipro's overall Oracle applications offerings helps customer organizations evaluate their current Oracle landscape, plan for the future and implement upgrades. Wipro estimates their 'Easy-Upgrade' solution can deliver up-to 40% reduction in assessment costs for organizations looking to embrace Oracle E-Business Suite - R12 or Oracle Fusion Applications.
"We found in our extensive experience with Oracle application upgrades and re-implementation engagements, that our customers spent a lot of time and effort to determine the roadmap for the transition to newer functionalities. There existed a need for a solution that can expedite assessments and minimize the risk involved in an implementation. As a result, we developed 'Wipro's Easy-Upgrade solution an assessment tool which enables organizations in rapid evaluation and planning for Oracle E-Business Suite R12," said Srinivas Pallia, Senior Vice President & Global Head, Business Application Services, Wipro Technologies.
"We are very impressed with the reduction in assessment time frame as well as better planning enabled by using the tools associated with Wipro's 'Easy-Upgrade' solution for Oracle E-Business Suite," said Andy Nallappan, Senior Director, Enterprise Applications, Avago. "Having leveraged the solution for our assessment, we believe that it is an asset during the Oracle E-Business Suite R12 upgrade process. It can help Oracle customers meet aggressive application upgrade schedules by reducing the time and effort spent in assessment. This in turn helps in better resource planning and retro fitments, improved quality and cost efficiencies. The visibility of all custom objects helps in identifying risks in business processes and leads to a more effective plan to develop and customize solutions with robust test cases and minimize unwanted surprises. We highly recommend Wipro's Easy-Upgrade solution to customers planning to upgrade Oracle E-Business Suite."
The assessment tool in the Wipro 'Easy-Upgrade' solution for Oracle E-Business Suite is aimed at eliminating inefficiencies in the manual assessment process and provides requisite information on a business Intelligence dashboard in a timely manner. The analysis and reports provided by the assessment tool are used as inputs in the development phase of the application while creating or retrofitting custom objects. Thus, the transition to upgraded applications becomes a lot more predictable, efficient and cost effective by leveraging the 'Easy-Upgrade' solution.
"Wipro has continuously developed innovative solutions to help our clients to drive faster business process improvement and operational productivity to maximize business value of Oracle Applications. The development of Wipro's "Easy-Upgrade" solution for Oracle E-Business Suite is testimony of Wipro's constant endeavor to proactively create solutions that meet customer's strategic requirements", added Srini Pallia.
About Wipro Technologies
Wipro Technologies, the global IT business of Wipro Limited (NYSE:WIT) is a leading Information Technology, Consulting and Outsourcing company, that delivers solutions to enable its clients do business better. Wipro Technologies 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 Technologies has 120,000 employees and clients across 54 countries. For more information, please visit www.wipro.com
Media Contacts: Wipro Technologies
+1 (732) 509-1337
Forward-looking and Cautionary Statements
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property, and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.