Wipro Launches Data Discovery Platform
An analytics solution for generating pertinent insights, thereby enabling faster decision making
Bangalore, India, and East Brunswick, New Jersey, USA - June 15, 2016: Wipro Limited, (NYSE: WIT, BSE: 507685, NSE: WIPRO) a leading global information technology, consulting and business process services company, today announced the launch of its analytics solution, Data Discovery Platform. The solution provides pertinent business insights across the value chain of an industry through pre-defined "apps".
Relevant and actionable insights are imperative to making faster and informed decisions. However, organizations today across industries face the challenge of bridging the gap between what the business wants and what information is offered. Businesses grapple with the inability of traditional systems to provide the contextual insights needed to differentiate and drive the business in a hyper-competitive and digitally driven world.
Wipro's Data Discovery Platform will enable businesses to embark on an analytics journey with value added services of process simplification and business transformation. Leveraging techniques like visual sciences and storytelling with data, the Data Discovery Platform provides a unique value proposition around accelerated time to market for insights resulting in better adoption of insight driven decision making. The solution's modular, app driven approach coupled with machine learning, natural language processing, visualization and stream computing capability enables flexibility and scalability to meet evolving business requirements. The solution also plans to leverage capabilities from various partners to enhance the experience offered to the organizations.
Pallab Deb, Vice President & Global Head, Analytics - Wipro Limited said, "With more and more businesses moving towards accelerated decision-making, Insights-as-a-Service has taken priority and industry is looking for service providers, who can provide insights relevant to their business. The Data Discovery Platform, with its industry apps offers robust end-to-end fabric covering the entire spectrum of Data-Information-Insights, thereby empowering customers with pertinent insights to make faster decisions. Built using best of breed open source technologies, the solution leverages cognitive capabilities from Wipro HOLMES Artificial Intelligence Platform™ to bring to life the hidden insights in large & diverse data sets."
According to Gartner report, Magic Quadrant for Business Intelligence and Analytics Platforms written by Josh Parenteau et al, published on 4 February, 2016, 'By 2018, most stand-alone self-service data preparation offerings will either have expanded into end-to-end analytical platforms or been integrated as features of existing analytics platforms.'
With the launch of its cutting edge Data Discovery Platform, Wipro is poised to translate this boost in its big data capabilities into greater business benefits for the customers.
About Wipro Limited.
Wipro Ltd. (NYSE:WIT) is a leading information technology, consulting and business process services company that delivers solutions to enable its clients do business better. Wipro delivers winning business outcomes through its deep industry experience and a 360 degree view of "Business through Technology." By combining digital strategy, customer centric design, advanced analytics and product engineering approach, Wipro helps its clients create successful and adaptive businesses. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, Wipro has a dedicated workforce of over 160,000, serving clients in 175+ cities across 6 continents. For more information, please visit www.wipro.com
Forward-looking and Cautionary Statements
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