Bangalore, India - January 25, 2015:
Wipro Ltd. (NYSE:WIT), a leading global information technology, consulting and business process services company today announced that it has won a contract with Allied Irish Banks, p.l.c. (AIB).
Wipro has been awarded a strategic infrastructure management contract by AIB, a leading bank in Ireland offering a full range of personal and corporate banking services.
"We are excited to partner with AIB in their journey to transform the Bank. We will bring our expertise to build agile and adaptive infrastructure while improving the predictability and cost effectiveness of services," said Rajan Kohli, Senior Vice President and Global Head Banking & Financial Services, Wipro Limited.
"The deal reinforces our commitment to grow and create local employment opportunities in Ireland. Wipro welcomes the colleagues joining Wipro as part of this transition. Wipro will be setting up a Dublin based ServiceNXT operations centre and the Mainframe COE to provide career opportunities to these colleagues," said G.K. Prasanna, Chief Executive, Global Infrastructure Services, Wipro Limited.
AIB CIO Mike Brakes said, "We are pleased to be working with Wipro in our journey to transform into a Digital Bank. With Wipro supporting our technology and application infrastructure, we look forward to strengthening efficiencies and being better able to serve and support our customers across the bank. We were very pleased with the commitment Wipro demonstrated to the Bank as well as to creating opportunities for our people in Ireland."
About Allied Irish Bank
Allied Irish Banks, p.l.c., is a financial services group headquartered in Dublin, Ireland. It provides a range of products and services to its personal, business and corporate customers in its main target markets of the Republic of Ireland and the United Kingdom.
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
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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.