Bangalore, India - March 23, 2011:
Wipro Technologies, the global Consulting, System Integration and Outsourcing business of Wipro Limited (NYSE:WIT), today announced that it has received Reader's Choice Awards for the third consecutive year from Consumer Goods Technology (CGT) magazine. Wipro Technologies has won spots in the Top 5 for 'Outsourcing/IT Integration' and Top 8 in the 'Consulting' categories. Wipro has moved up by 4 places (positive movement) in the Outsourcing Category, from last year's (2010) rankings.
"We are very pleased to be ranked again as one of the top performers in both these categories by the readers of Consumer Goods Technology magazine," said Bhanumurthy B. M., Senior Vice President, Retail, CG (Consumer Goods), Transportation & Government, Wipro Technologies. He added, "Helping our CG partners best understand their consumer is of utmost importance. Our vision is to continually innovate and provide transformational capabilities in technology, infrastructure and business operations, to enable our CG customers to improve their consumer experience, operational efficiency and profitability".
For the 11th year in a row, CGT asked its subscribers to identify their most valued solution and service providers across multiple categories. Business and technology executives from more than 122 consumer goods companies were asked to identify the solution provider they currently use within each category and rate their customer experience. The rating is based on the readers' experience implementing and using the software and the value the solution brought to their business.
Wipro Technologies enables the world's leading Consumer Goods manufacturers to protect brand, enhance reach and nurture innovation. Wipro's expertise spans areas of Packaged Application Services, Application and Infrastructure Management, Business Process and IT Consulting, Business Intelligence & Data Warehousing via deep domain expertise.
Wipro's dedicated CG (Consumer Goods), research identifies the emerging trends and industry drivers and enables CG manufacturers to re-engineer the way they meet the end consumer's needs through information technology solutions for better consumer insights, digital marketing and social media, trade promotion optimization, product innovation, consumer-driven supply networks, farm to fork traceability, food safety compliance, and Market Mix Analysis, to name a few.
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
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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.