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Intel, Wipro Join Trade Group to Expand Markets for IoT

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Intel, Wipro Join Trade

Group to Expand Markets

for IoT

London, United Kingdom - August 11, 2015:

Intel, a world leader in computing innovation, and Wipro Limited, a leading global information technology, consulting, and business process services company, today announced that they are joining the International M2M Council (IMC), a global trade association for the growing industry known as the Internet of Things (or machine-to-machine communications). IMC, which has quickly gained over 10,000 members, comprised almost entirely of OEMs, enterprise users, and applications developers, aims to boost understanding and sales in IoT.

"The IMC is an industry-leading professional organisation that is reaching out to adopters of IoT technology on a broad scale. The organisation is gaining an average of 275 new members per week – members that are developing, buying, and deploying IoT solutions. Clearly, there is a demand in the market to learn more," says Rose Schooler, Vice President of the IoT Strategy Office at Intel, who sits on the IMC Board of Governors. The IMC attracts new members by producing content that is geared to various vertical markets, including energy, logistics, healthcare, transportation, construction, and retail, among others.

Vijay Anand V.R., Practice Director, IoT Business, Wipro Digital, says, "The IMC's focus on business results suits our role as a provider of end-to-end IoT solutions very well." The IMC's online IoT Content Library features nearly 100 case studies that emphasize ROI and related business metrics. "This trade group also has a truly global footprint that fits our business model and aspirations," says Anand, who has also joined the IMC Board. Roughly 30% of IMC members come from Europe, 25% from North America, and 18% from Asia, while the rest of the members are from other regions.

The IMC recently unveiled its Quarterly IoT Buyers' Index, which polls the group's members to track buying patterns for IoT solutions according to vertical-market sectors and more. The IMC is on track to have 15,000 members by year's end 2015.

About International M2M Council (IMC): The IMC is a London-based, non-commercial enterprise with the mission to increase deployments of M2M technology by proving the business case for the Internet of Things. Companies on the IMC Board of Governors include: Aeris, AT&T, Deutsche Telekom, Digi International, Inmarsat, Intel, Iridium, KORE, Nighthawk Controls, Numerex, ORBCOMM, Synapse Wireless, Telecom Italia, Telit, Verizon, Wipro, and Wyless.

Please contact: info@im2mc.org, tel. +44-20-7596-8777, www.im2mc.org

About Wipro Ltd.

Wipro Ltd. (NYSE:WIT) is a leading Information Technology, Consulting and Business Process Services 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 over 150,000, serving clients in 175+ cities across 6 continents. For more information, please visit www.wipro.com.

Media contact: 

Gitanjali Sreepal
+9180 39918018
gitanjali.sreepal@wipro.com

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.

 

 

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