East Brunswick, New Jersey, USA and Bangalore, India - August 8, 2017:
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company and Excelfore, a leading provider of middleware solutions for Smart Mobility Networks, today announced a global partnership to offer secure connectivity solutions for next generation smart and autonomous vehicles. This partnership combines Excelfore’s Smart Mobility Networks solutions with Wipro’s global systems integration and managed services expertise to enable connected car solutions for automotive original equipment manufacturers (OEMs) and Tier 1 equipment makers.
As part of this engagement, the two companies will enable scalable Ethernet AVB/TSN (Audio-Video Bridging/Time-Sensitive Networking) and Secure Full Vehicle FOTA/SOTA (Firmware/Software Over-The-Air) Update solutions for automotive manufacturers and smart mobility companies.
Wipro will also join Excelfore as a member of the eSync Alliance, a multi-company initiative for establishing compatibility among devices with common FOTA/SOTA and diagnostics APIs and middleware. These integrated solutions will enhance the connected car and autonomous driving experience along with accelerating the time to market for automotive OEMs and Tier 1 equipment makers.
John Slosar, Vice President and Global Head Automotive Electronics, Wipro Limited said, “Automotive OEMs seek to bring end-to-end secure networking solutions to market, with full vehicle over-the-air (OTA) updates at a global scale. Wipro’s partnership with Excelfore will enable the rapid deployment of these solutions in automobiles. This partnership enhances Wipro’s leadership position in the automotive engineering services market and strengthens our ability to support connected automotive initiatives of our global automobile customers.”
“Creating scalable and secure end-to-end connectivity is not just a question of technologies, but behaviors and disciplines. A system level architectural approach is needed, which takes into account networks and hardware in the vehicle, services in the cloud, and mechanisms of rolling out updates to vehicles, said Shrikant Acharya, Chief Technology Officer, Excelfore. “We are very excited to partner with Wipro. By combining Wipro’s service capabilities across Secure Connectivity Solutions for next generation smart and autonomous vehicles with Excelfore’s expertise in Smart Mobility Networks, together, we aim to deliver state-of-the-art connected automotive solutions for our customers.”
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.
Excelfore, located in Silicon Valley, is an innovative provider of cloud platform and connectivity applications for intelligent transportation. It provides middleware solutions for smart mobility networks that enable OEMs and suppliers to build the next generation of smart, autonomous and learning vehicles, fleets and associated infrastructure. Excelfore products include the eAVB™ protocol stack for in-vehicle Ethernet TSN (time-sensitive networking), as well as the cloud-to-vehicle eSync™ system for OTA updates, diagnostics and telematics www.excelfore.com Excelfore is a registered trademark of Excelfore Corporation.
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.