East Brunswick, New Jersey, USA and Bangalore, India - August 3, 2015:
Wipro Ltd. (NYSE:WIT), a leading global information technology, consulting and business process services company today announced that it has been recognized as a 'Leader' by Everest Group in its report "Workplace Services – PEAK Matrix™ Assessment and Profiles Compendium". The study analyzed the capabilities of 23 leading IT service providers and system integrators, specific to the workplace services, who were mapped on Everest Group's Performance, Experience, Ability, and Knowledge (PEAK) Matrix. Wipro has achieved this highly coveted positioning in the very first year of launch of the report.
Everest Group named Wipro as a Leader for its ongoing commitment to delivery capabilities, including scale, scope, domain investments, delivery footprint and buyer satisfaction. Wipro was recognized for its strong global delivery network with a transformation mind-set, and its ability to deliver high quality of services across regions and service segments, in terms of both execution and responsiveness.
Wipro's vision is to deliver a simple, agile and digital workplace solution to enterprises. This includes a roadmap for the customer's digital transformation through a 5-step transformation process, which are - improving user experience, standardizing products and platforms, aggregating and leveraging best-in-class service providers, incorporating next generation concepts (hyper-automation, internet of things, etc.), and creating a data-centric enterprise.
"Wipro has a balanced set of offerings across workplace services," said Chirajeet Sengupta, Vice President, Everest Group. "This coupled with a transformational mind set, industrialization of service delivery, and focus on end-user experience allows Wipro to offer workplace services aligned with current and future market trends."
"We are delighted to be recognized as a "Leader" in the PEAK Matrix for Workplace Services by Everest Group. The key to our success is our ability to respond fast to the new-age customer needs in the dynamic and elastic workplace services arena." said Rohit Adlakha, Vice President and Global Head of Practice– Global Infrastructure Services, Wipro Ltd. "Our best-in-class packaged workplace offerings backed by hyper-automation, artificial intelligence, and digital transformation help customers transform their workplace, into a anytime, anywhere, any device experience. The Everest rating stands testimony to our continued focus on customers to help them keep pace with the rapidly changing industry landscape."
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
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.