East Brunswick, New Jersey, USA and Bangalore, India – November 27, 2017:
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company today announced that it has been recognized as a leader by Everest Group PEAK MatrixTM in healthcare payer IT services.
The report assesses twenty IT Service Providers, specific to the global healthcare sector, on four key areas, performance, experience, ability and knowledge (PEAK). A well-balanced portfolio across the payer IT services value chain, capabilities in digital technologies coupled with a consulting-led selling approach has helped Wipro position itself as a global leader and a strategic partner to customers.
In the report, Wipro has been commended for its strategic focus on enhancing infrastructure capabilities through its focus on automation, cognitive and analytics skills, expanding its digital competencies through investments and acquisitions, and implementing creative as-a-service engagements.
Jeffrey Heenan Jalil, Senior Vice President and Global Head, Healthcare, Life Sciences & Services, Wipro Limited said, “By continuing to invest strategically in innovation and market growth, our payer IT services business has been recognized as leader. This is the result of our ability to enable payers to meet the objectives of value-based care through the use of technologies such as AI, big data, design thinking and automation.”
Jimit Arora, Partner, Everest Group said, “Healthcare payers are struggling to deal with prolonged regulatory confusion and a recent spate of cybersecurity attacks, while facing seminal industry changes, such as value-based care and consumerism. In this environment, they are looking for service providers to ensure consistent experience and cost efficiency, as well as to unlock greater business value. Wipro has brought a differentiated focus to the market on the strengths of its digital capabilities and domain expertise, emerging as a partner of choice for healthcare payers.”
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About Wipro Limited
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 160,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.
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.