Bangalore, India and East Brunswick, New Jersey - December 24, 2015
Wipro Ltd. (NYSE: WIT, BSE: 507685, NSE: WIPRO) a leading global information technology, consulting and business process services company, today announced that it has been ranked in the leadership zone in the 'Global Engineering and R&D Service Providers (GSPR) Rating 2015 by Zinnov Management Consulting for the sixth consecutive year.
The report titled 'Global Engineering and R&D Service Providers Rating 2015' is an annual study to assist business leaders spearheading global engineering initiatives to make the right decisions in the selection of their partners across the world. It has comprehensively analyzed more than 75 companies.
Wipro has been recognized in the leadership zone across eight industries - Consumer Software, Enterprise Software, Consumer Electronics, Automotive, Medical Devices, Computer Peripherals & Storage, Semiconductor and Telecommunications. Wipro is also positioned as an 'Expansive and Established' player in Embedded Systems and Mechanical Engineering. The Zinnov study analyzed responses from participants across key parameters like product development capabilities & innovation, client relationships, human capital, financials, ecosystem linkages, infrastructure, and business sustainability.
Anita Ganti, Senior Vice President & Global Head of Product Engineering Services, Wipro Ltd. said, "Wipro's leadership position across a wide spectrum, is a testimonial to our continued growth and focus in innovation, technology, engineering and R&D services. Wipro strives to provide the insights and support, that enable our customers innovate, grow and win. This recognition by Zinnov reflects the confidence of Wipro's customers in our best in class solutions."
"Wipro has been consistently rated as one of the leaders in GSPR ratings. Over the years, Wipro has built a truly global and diverse Engineering Services practice with exemplary expertise across all industry verticals. Wipro's engineering expertise is enabling its customers create innovative and highly valued products and solutions and this is what makes them a differentiated partner for companies creating the technology of tomorrow. Their ability to scale up rapidly and make investments with customers makes them a critical Transformation partner. Further, Wipro's suite of solution accelerators, particularly across the Automotive, Telecom and Consumer Electronics verticals, was evaluated as highly mature in the GSPR analysis and makes them a recommended partner that R&D spenders are seeking to accelerate their Product Development." said Sidhant Rastogi, Partner & Practice Head, Zinnov.
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." By combining digital strategy, customer centric design, advanced analytics and product engineering approach, Wipro helps its clients create successful and adaptive businesses. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, Wipro has a dedicated workforce of over 160,000, serving clients in 175+ cities across 6 continents. For more information, please visit www.wipro.com
We at Zinnov assist our clients improve organization efficiency, innovation and revenue by leveraging global resources and markets. We offer deep expertise in Engineering, Digital and Globalization. Zinnov has been at the forefront of innovation and thought leadership. Our over a decade experience in globalization helps us in understanding customer problems and coming up with viable solutions. We assist our clients in addressing globalization challenges by offering customers insights, data, and implementation support to address their challenges. Our in-depth experience is driven by our focus on engineering and digital practice areas. Visit us at www.zinnov.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.