Bangalore, India and East Brunswick, New Jersey, USA - April 22, 2014:
Wipro Ltd. (NYSE:WIT), a leading global Information Technology, Consulting and Outsourcing company today announced that it has been named a 'Leader' by advisory and research firm International Data Corporation (IDC) in its report, IDC MarketScape: "Worldwide Mobile Application Development, Testing, Management and Infrastructure (mADTMI) Services 2014 Vendor Assessment" (Doc #247480).
IDC evaluated 14 service providers on 117 criteria as part of its IDC MarketScape on the mADTMI services market. Relative to other vendors discussed in the report, and based on feedback from customer references, Wipro's capabilities and forward-looking strategy positioned it as a Leader in the IDC MarketScape. Wipro was also rated favourably for offering a wide variety of pricing options that enable buyers to engage in models ranging from traditional pricing, pay-per-use, and shared risk/outcome-based models.
Gaurav Dhall, Global Head – Enterprise Mobility, Wipro said, "This recognition by IDC reinforces Wipro’s position as a Leader in the Enterprise Mobility space. Investments in innovation and in developing breakthrough industry-specific mobility solutions for the enterprise along with an unparalleled partner ecosystem have helped us deliver great value to our customers. Wipro’s strategy to focus on the confluence of cloud, analytics, mobility and social will continue to drive aggressive growth and leadership in the years to come."
Wipro sees mobility as a key component of its Advanced Technologies strategy that focuses on building disruptive solutions for various industries. With a comprehensive industry blueprint approach, these solutions are designed to enable enterprises to transform their business processes and help them achieve outcomes like higher revenue, reduced cost of operations, launching new products & services and entering into new markets. Wipro has built capabilities across industries and process areas by investing in IP and by leveraging its strategic ecosystem partners.
Wipro’s Mobility Solutions provides solutions and services across mobile strategy consulting; mobile user experience (UX) design services, mobile application development and testing as well as mobile security and device management services address the transformation needs of customers.
About IDC MarketScape
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
About Wipro Ltd.
Wipro Ltd. (NYSE:WIT) is a leading Information Technology, Consulting and Outsourcing 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" - 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 has a workforce of 140,000 serving clients across 61 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.