East Brunswick, New Jersey, USA and Bangalore, India - November 9, 2016:
Wipro Ltd. (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company today announced that Wipro has been cited as a "Leader" by technology global research and advisory firm Forrester Research Inc. in its report, ‘The Forrester Wave™: Services Providers for Next-Generation Oracle Application Projects, Q3 2016’.
Forrester evaluated 13 service providers across three categories of current offering, strategy and market presence.
Forrester wrote, “Wipro is a proven provider making big investments in the shift to cloud. It has a long track record of delivering Oracle services … [Wipro] was recognized by Oracle with a co-innovation award at Oracle’s Collaborate conference in 2016.” Forrester has also cited Wipro’s “investment in and exclusive partnership with Drivestream”.
According to the Forrester report: “Wipro wants to be the partner of choice for tomorrow’s digital businesses; it has invested in its own artificial intelligence tool, [Wipro HOLMES Artificial Intelligence Platform™], and in next-generation Oracle technologies. Wipro has recently started to invest in digital experience and customer journey mapping capabilities, including its acquisition of Designit and associated studios.”
Hiral Chandrana, Senior Vice President & Global Head, Business Application Services,Wipro Limited said, "I believe that this recognition reinforces our committed road-map to design and deliver Next-Generation Oracle Services for our customers to help drive continuous innovation, spur digital transformation and accelerate business performance. In my view, our strategic investments in Oracle’s integrated cloud applications and platforms, industry IP (Intellectual Property), along with our innovative global delivery capabilities have been instrumental in achieving this position as a leader.”
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
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.