East Brunswick, New Jersey, USA and Bangalore, India - June 28, 2017:
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting, and business process services company, today announced that locals now form over 50% of its U.S. workforce. Over the past six months, Wipro hired over 1,600 employees by attracting and nurturing local talent to drive innovation and help transform clients’ businesses into digital enterprises.
During the past decade, Wipro has invested over USD 2 billion in the United States. The company has been focused on creating jobs in the U.S. underscoring its strategy to build a deep reservoir of local talent based out of centers close to its clients. During FY16-17, over 3,000 locals joined Wipro and today, the company has a workforce of over 14,000 in the U.S. The company will continue to recruit from top universities to build on the momentum of hiring locally in the United States. Wipro, which counts nearly 300 of the largest employers and innovators in the U.S. as its clients, also hires laterally for senior positions at the company.
Wipro has over 40 facilities across 23 states in the U.S. that are located in close proximity to clients. It has over 1,000 employees each in the states of Florida, California, Georgia and Texas where it has established next-generation local delivery centers.
Recently, the company added two multi-client delivery centers: a new hub to create advanced digital offerings in Mountain View, California and another in Farmington Hills, Michigan, staffed predominantly by local talent to offer engineering services to our clients mainly in the automotive segment. Plans are also afoot to expand the existing centers in Tampa and Dallas.
These delivery centers provide clients with speed-to-market, access to new and emerging technologies and help create an environment that will foster incremental innovation. The wide geographical footprint also helps Wipro attract local talent from across the country.
Apart from the delivery centers, Wipro’s technology innovation lab in Mountain View, California showcases its state-of-the-art solutions and works closely with leading Bay Area technology companies and start-ups in the areas of artificial intelligence and automation. Wipro has also incubated new digital pods in Brooklyn, New York and Mountain View, California. The pods are purpose-built for Wipro’s digital strategy, design and engineering teams to work in a collaborative and adaptive workspace side-by-side with clients.
As part of its effort to attract and recruit leading next generation talent, Wipro has forged strong and lasting relationships with local universities. The company leverages a ‘hub’ model to hire technical talent wherein it recruits from colleges located in geographical proximity to its new and existing delivery centers in the U.S. For instance, Wipro recruits students from The University of Texas at Austin, University of Texas at Dallas (UT Dallas), University of Houston, Rice University, University of North Texas (UNT) and other colleges for its delivery center in Dallas. It also hires management talent from top U.S. business schools such as Harvard Business School, the Wharton School of the University of Pennsylvania and Kellogg School of Management at Northwestern University for Wipro’s Global 100 program.
The company has also rolled out a three-month accelerated technology camp for STEM graduates to train them on latest technologies. Post the training program, these graduates are offered opportunities to work alongside Wipro’s software architects to find solutions for complex problems, thereby creating a sustainable path to build deep local capabilities.
Abidali Z. Neemuchwala, Chief Executive Officer & Executive Director, Wipro Limited said, “Wipro has a steadfast commitment towards local communities where we are present. We will continue to build a strong local talent pool with diverse skill sets and make strategic investments in close proximity to our clients to serve them better. Talent is the bedrock of our success and we are investing in building STEM capabilities within the U.S. through teacher development programs in the underfunded school districts of New Jersey, Dallas and Boston. It is an integral part of our culture and values to engage deeply and contribute to the communities that we operate out of, both in the U.S. and across the globe where we do business.”
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 a dedicated workforce of over 170,000, 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.