Boston, Massachusetts, and Bangalore, India – December 14, 2017:
Topcoder, the world’s largest workforce marketplace for designers, developers, and data scientists, today announced the launch of the Topcoder Veterans Community to provide employment opportunities for current and former members of the United States military. Topcoder became a part of Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO) in November 2016.
The community will help U.S. military veterans develop technology skills and earn money by working on projects for Topcoder customers, including the U.S. Department of Veterans Affairs (VA) and some of the world’s largest enterprises.
“The launch of the Topcoder Veterans Community represents a major milestone in our ongoing mission to help Veterans develop new skills and successfully transition to meaningful civilian jobs,” said Jarah Meador, Innovation Sourcing Lead, U.S. Department of Veterans Affairs Center for Innovation. “This community helps the VA, as well as other organizations, accelerate technology innovation development while supporting important workforce development for Veterans”
The Topcoder Veterans Community is built with Hybrid Crowd, an extension of the Topcoder platform that enables customers to crowdsource work from private and certified networks of talent in addition to Topcoder’s public community of more than 1 million members around the world. Private and certified networks can be comprised of an enterprise’s employees, vendors, and contractors, as well as specialized groups such as armed forces veterans.
“The Topcoder Veterans Community showcases how both employees and organizations are adopting new models of work,” said Mike Morris, CEO, Topcoder. “We’re excited about the opportunities this community creates for veterans to hone their technology skills and for customers to tap into this deep pool of talent.”
The VA is launching numerous technology development projects on Topcoder that will be crowdsourced from members of the Topcoder Veterans Community. One such project running now is the VA PseudoVet Challenge where participants have to build a system that creates and updates simulated patient data. Topcoder has committed $100,000 in prizes for winners across all VA projects.
Other Topcoder customers can also crowdsource work from the Topcoder Veterans Community, and veterans can compete in other crowdsourcing competitions available to Topcoder’s global public community.
Topcoder, a Wipro company, is a workforce marketplace with 1.2 million developers, designers, and data scientists around the world. For more than a decade, Topcoder has helped organizations — including IBM, Honeywell, GE, BMC, Booz Allen, NASA Tournament Lab, Harvard Medical School, U.S. Dept. of Energy and Land O’Lakes — accelerate innovation, solve challenging problems and tap into hard-to-find skills. Enterprises distribute work to our global network through the Topcoder platform where individuals with the right skills participate in competitions to win money, build skills, and earn recognition. For more information, visit www.topcoder.com.
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.