Oslo, Norway and Bangalore, India - September 7, 2016:
Wipro Ltd. (NYSE:WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has won an IT contract from NSB Group, one of Norway´s largest transportation groups. Headquartered in Oslo, NSB has extensive passenger transportation operations by way of the rail and bus, freight by rail, property management and development and train maintenance segments.
As part of the three-year agreement, Wipro will implement its Boundaryless Datacenter (BLDC) and LiVE Workspace solutions and utilize its next-generation delivery framework ServiceNXT to deliver services which will help NSB variablise their IT operations.
The proposed government-backed reforms in the Norwegian railway sector are expected to provide a fillip to the efficiency of the railways. The Wipro-enabled back-bone of IT infrastructure services will enable NSB to achieve greater flexibility, scalability, cost efficiency and offer an enhanced end-user experience. It will also help the company become more future-ready and competitive, in keeping with the spirit of the reforms.
Trude Østby Dahl, CIO, NSB Group said, “This engagement is strategic to our business continuity operations and we believe that Wipro is the best partner for us. With our Data Center and End User Support enabled by Wipro, we can drive cost reduction and efficiencies, and most importantly, bring about joint innovations to serve our customers better.”
Carl-Henrik Hallström, Head of the Nordic Region, Wipro Limited said, "In order to keep pace with changes on the market, rising customer expectations and emerging technologies, enterprises must reinvent their traditional IT infrastructure and data center service capabilities. We are confident that Wipro's ServiceNXT framework offering will enable NSB to optimize, automate and manage its IT in an agile manner. Furthermore, this engagement reiterates our continued focus and investments in Norway and the Nordic region.”
“We are delighted to partner with NSB in an engagement that will have a significant positive impact on the Norwegian transportation sector and the customer experience of millions of passengers. This is a prestigious engagement for us and we look forward to leveraging our transportation sector domain expertise, coupled with our deep infrastructure services capability and technology know-how,” said Srini Pallia, President - Consumer Business, Wipro Limited.
About NSB
NSB Group is a Nordic transportation group. Passenger transport by bus and rail and freight traffic by rail, property development and train maintenance are the main activities.
Bus: The bus operations in NSB Group are performed by fully owned subsidiary Nettbuss.
Passenger train: Passenger operations in NSB Group consist of NSB AS, with subsidiaries NSB Gjøvikbanen AS and Tågkompaniet AB.
Freight: Freight operations in NSB are performed by CargoNet.
Real estate: ROM Eiendom AS develops, operates and maintains property.
Maintenance: Mantena AS operates the maintenance of rolling stock in Norway and Sweden
Tourism: The NSB Group is establishing a new business area: Tourism. The business will be based on the current tourism products Bergen Railway and Flåm Railway. NSB has an ambition to take a leading position in the tourism market in the fjord segment in Norway.
About Wipro Limited
Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO) 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 170,000, serving clients across 6 continents. For more information, please visit www.wipro.com
Media Contacts:
NSB:
Åge-Christoffer Lundeby
Head of Communication
+47 91653449
lundeby@nsb.no
Subhashini Pattabhiraman
Wipro Limited:
subhashini.pattabhiraman@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.
