Wipro Positioned in ‘Winner’s Circle’ of HfS Blueprint Report on Product Lifecycle Management Services
East Brunswick, New Jersey, USA and Bangalore, India - March 2, 2017: Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company has been positioned in the ‘Winner's Circle’ of Product Lifecycle Management (PLM) service providers by HfS Research in the market study ‘HfS Blueprint Report on PLM Services 2016'. This report was authored by Pareekh Jain, Research Vice President, HfS Research.
In the PLM Services Blueprint report, HfS evaluated capabilities of 13 PLM service providers across the value chain of: Plan, Implement, Manage, and Optimize for leading PLM software applications. The 'Winner's Circle' of the HfS Blueprint demonstrates excellence - both in execution and innovation in PLM services.
Wipro offers end-to-end PLM system integration services to global clients across industry segments. The report recognizes Wipro’s compelling vision, strategy and commitment to deliver business outcomes for customers in PLM services. HfS has recognized Wipro for its in-depth client engagement and strong investments in point solutions, data migration tools, and digital PLM solutions.
Pareekh Jain, Research Vice President, HfS Research said, “Wipro is a PLM As-a-Service leader that leverages its deep understanding of Product Engineering and Development processes to drive excellence in its clients’ PLM programs. Having made significant investments in futuristic technologies like Digital PLM, Cognitive Automation, Integrated Hardware & Software development and PLM on Cloud, Wipro is poised to lead and drive meaningful business outcomes for its customers.”
“We are delighted to be positioned in the Winner’s Circle of HfS first Blueprint report on PLM Services. Wipro is making significant investments in Digital PLM capabilities to enable our customers to drive innovation, develop smarter products and reduce time-to-market. HfS has recognized our commitment to deliver innovative PLM solutions and services. Software content in products is constantly increasing. Wipro is committed to helping customers formulate their strategy for the integration of Application Lifecycle Management (ALM) and PLM, and enabling the development of connected, smart and defect-free products,” said Anita Ganti, Senior Vice President and Global Head of Product Engineering Services, Wipro Limited.
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About Wipro Limited.
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) 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 170,000, serving clients across 6 continents. For more information, please visit www.wipro.com
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.