Integrated Network Inventory & Asset Life Cycle Management offering to address customer need for rapidly deployable, cost-effective, comprehensive solution
Dubai, UAE - March 3, 2008:
Wipro Technologies, the global IT Services division of Wipro Limited (NYSE: WIT), today announced that it has delivered an integrated Oracle Communications network inventory management and E-Business Suite solution for service providers and network operators. Wipro will be demonstrating the integrated solution at the TeleManagement World conference in Dubai this week.
This solution integrates network inventory and management data with financial systems, enabling network operators to unify management and tracking of Network Asset Deployment & Utilization with Supply Chain Management. It offers end-to-end visibility to help network operators increase asset utilization and time-to-revenue for faster network and asset deployment. The solution is designed to help network operators unify network and asset life cycle management across Network Operations, Planning and Finance to help dramatically improve network operating costs and efficiencies for accelerated business success.
Vijay Kumar, Vice President, Telecom Applications and Solutions Group, Wipro Technologies said, "The combination of our in-depth consulting experience and Oracle Communications’ product leadership in the Network Inventory and ERP segments will help operators to leverage the full benefits of an Integrated Inventory solution for Network Deployment and Asset Management. This end-to-end integrated solution will enable low-cost network operations, maximize infrastructure utilization and improve data accuracy and automation across the entire enterprise."
"Wipro's integrated solution of our Inventory and ERP products validates Oracle' product leadership and addresses a key service provider need as operators look to streamline their business and improve operational control" said David Sharpley, Vice President of Product Marketing and Channels, Oracle Communications.
Wipro Technologies, a division of Wipro Limited (NYSE:WIT), is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services organization globally. Wipro Technologies was recently assessed at Level 5 for CMMI V 1.2 across offshore and onsite development centers. Wipro is one of the largest product engineering and support service providers worldwide. Wipro provides comprehensive research and development services, IT solutions and services, including systems integration, Information Systems outsourcing, package implementation, software application development and maintenance services to corporations globally.In the Indian market, Wipro is a leader in providing IT solutions and services for the corporate segment in India offering system integration, network integration, software solutions and IT services. Wipro also has a profitable presence in niche market segments of consumer products and lighting. In the Asia Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro's ADS’ are listed on the New York Stock Exchange, and its equity shares are listed in India on the Stock Exchange - Mumbai, and the National Stock Exchange. For more information, please visit our websites at
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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.