Bangalore, India - April 17, 2015:
Wipro Ltd. (NYSE: WIT), a leading global information technology, consulting and business process services company today said it sees significant opportunities to participate in Government of India’s drive to encourage adoption and use of open source software.
“The Government of India’s policy on open source adoption is a critical step towards building a digitally empowered society. There is little doubt this initiative will usher in greater efficiency, transparency and reliability in India’s technology infrastructure besides creating significant employment opportunities over the medium to long term,” said T K Kurien, Chief Executive Officer and Member of the Board, Wipro Ltd.
The rapidly increasing pace of adoption of open source software and methodologies led by advancements in analytics, cloud computing and the Internet of Things (IoT) have catapulted open source into a core technology asset for enterprises across the globe.
Wipro has identified open source as a core technology initiative and the company’s investments in building a large cadre of skilled personnel, including world class open source industry veterans and community experts, is beginning to reap dividends as reflected by the increasing customer interest.
Wipro’s open source practice offers a range of consulting services to clients, including government agencies, looking to adopt open source in their technology landscape. The services encompass developing and implementing open source policies and processes, advisory and strategy consulting, roadmap development, integration, community engagement, legacy migration, governance, risk mitigation and support.
Besides, Wipro helps customers build open source platforms on Applications (Middleware, Security, Customer Experience Platforms, Mobile Frameworks), Big data, Infrastructure (operating systems, Databases, Virtualization, Cloud Technologies, Software Defined Infrastructure), Internet of Things (IoT), Hardware and Testing.
In the Product Engineering Space, reusable/licensable IP blocks will help shrink product development timelines for various market segments.
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:
Vipin Nair
+91 80 3991 6450
vipin.nair1@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.
