Bangalore, India - May 18, 2011:
Wipro, the global IT services business of Wipro Limited (NYSE: WIT) today announced that it has won the award for "Excellence in Infrastructure for Application Services" at the 5th CMAI National Telecom Awards, 2011.
CMAI National Telecom Awards is one of the most prestigious industry awards to identify, acknowledge, and recognize outstanding contributions to the field of Communications and ICT. Wipro was selected from among 541 nominations for the award. The announcement was made at the 2011 CMAI National Telecom Awards program held recently at Siri Fort Auditorium, New Delhi.
NK Goyal, President CMAI said, "The National Telecom Awards is to felicitate the best Telecom Companies, Service Operators, Research and Development & Innovations, and is the ultimate recognition for the best in the Telecom sector. We are pleased to confer the award for Excellence in Infrastructure for Application Services, 2011 to Wipro for its outstanding contribution to the field of Communications and ICT. Wipro's Service Delivery platform is truly an innovative product and bound to benefit millions of users in the years to come."
The award highlights the success of Wipro's newly launched Service Delivery Platform (SDP) for delivery of Telecom services. The Wipro SDP provides a future-ready platform both in terms of transaction capacity and integration capability. Wipro’s SDP which started with an initial transaction capacity of 4 million customers has today scaled to nearly 51+ million customers. The SDP also has the capability to integrate with new information or service-fulfillment assets such as MNP, 3G Video calling, hi-speed internet access, without any significant impact on the delivery of existing services.
Speaking on the occasion, Anil Jain, Senior Vice President and Global Head -Global Communication Service Provider Vertical, Wipro Technologies, said, "We are delighted to be receiving this award from CMAI for "Excellence in Infrastructure for Application Services". The award is a reaffirmation of Wipro SDP’s winning and innovative VAS approach. With this product, we have been able to reduce time-to -market to just four weeks – almost three time reduction in time-to-deliver new VAS services."
Wipro is a strategic partner to industry players across the telecom value chain such as semiconductor vendors, device vendors, OSS (operations support systems) /BSS (business support systems) independent software vendors, telecom equipment manufactures and telecom service providers. Wipro's vertically aligned business model enables a deep understanding of the customer's businesses to build industry-specific solutions. In parallel, its technology service lines give Wipro the ability to design new solutions on emerging technologies, thus helping customer and partner organizations do business better.
CMAI Association of India is an apex premier and foremost non-profit trade promotion organization based in India with MOU partners and representatives spread across globe. CMAI invests heavily in industry services, education and training, industry promotion, market researches etc.
CMAI is a prominent trade association promoting growth in communications, manufacturing and trade through Legislative and Regulatory Advocacy, Research, Exhibitions, Trade shows, Conferences and Seminars, Technology events, Buyer sellers meets, B2B meetings, promotion and fostering business and strategic relationships.
CMAI is also the only trade organization bringing harmony between manufacturing across sectors including ICT, Communications and Environmental Management policies. CMAI assists in promotion of technology innovations, manufacturing and communications sector and for policies concerning environmental, pollution and health.
About Wipro Ltd
Wipro Limited (NYSE: WIT) provides comprehensive IT solutions and services, including systems integration, information systems outsourcing, IT enabled services, package implementation, software application development and maintenance, and research and development services to corporations globally. Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services Company 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. In the Asia Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro also has profitable presence in niche market segments of consumer products and lighting. Wipro's ADSs 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 website at www.wipro.com
Sandhya Shama Rao
IPAN Hill & Knowlton
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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.