The report highlights Wipro’s industry approach, experienced AI talent, extensive partner ecosystem and matured focus on Responsible AI
NEW YORK | BANGALORE, India – July 26, 2022: Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, announced that it has been named a ‘Leader’ in the Artificial Intelligence (AI) Services PEAK Matrix® 2022 by Everest Group. This is the second consecutive year that Wipro has been recognized for its vision, capabilities, and market impact.
The report acknowledges Wipro’s balanced industry approach to AI solutions, which combines strong in-house capabilities under Wipro Holmes with a partner-centric approach that leverages capabilities of hyperscalers and niche AI technology providers to bring the best-of-breed solutions to clients. Renowned as a front-runner in the domain of Responsible AI, Wipro’s mature suite of offerings, including ETHICA (aka Holmes for Trustworthy AI) helps enterprises move toward the responsible adoption of AI.
Mukund Kalmanker, Vice President and Global Head, AI Solutions, Wipro Limited, said, “This recognition underscores our commitment to deliver results for our clients by leveraging our deep industry expertise and experience. We are relentlessly focused on helping our customers reimagine their business, drive accelerated growth, and become resilient and disruption ready."
Nitish Mittal, Partner, Everest Group, added, “Artificial Intelligence (AI) has become vital in enterprises to accelerate recovery from the pandemic and create a more resilient future. Coupled with this growth is the need to embed responsibility in AI systems, which spans from explainability and regulatory compliance to sustainable AI. With data becoming a critical competency, enterprises are also employing concepts such as collaborative data ecosystems, federated learning and multi-party computing, among others. Wipro has developed an expansive ETHICA framework that is helping clients take a proactive and informed approach toward the responsible adoption of AI. Its partner-centric approach, which is supported by an expansive partnership network and its vast portfolio of verticalized solutions catering to high-growth verticals, has helped Wipro strengthen its position as a Leader in Everest Group’s Artificial Intelligence Services PEAK Matrix® Assessment 2022.”
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About Wipro Limited
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading technology services and consulting company focused on building innovative solutions that address clients’ most complex digital transformation needs. Leveraging our holistic portfolio of capabilities in consulting, design, engineering, and operations, we help clients realize their boldest ambitions and build future-ready, sustainable businesses. With over 240,000 employees and business partners across 66 countries, we deliver on the promise of helping our customers, colleagues, and communities thrive in an ever-changing world. For additional information, visit us at www.wipro.com
Forward-Looking Statements
The forward-looking statements contained herein represent Wipro’s beliefs regarding future events, many of which are by their nature, inherently uncertain and outside Wipro’s control. Such statements include, but are not limited to, statements regarding Wipro’s growth prospects, its future financial operating results, and its plans, expectations and intentions. Wipro cautions readers that the forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from the results anticipated by such statements. Such risks and uncertainties include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, complete proposed corporate actions, 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, including, but not limited to, Annual Reports on Form 20-F. 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.
