East Brunswick, New Jersey, USA and Bangalore, India - March 8, 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 become a member of the LoRa Alliance™, one of the fastest growing Internet of Things (IoT) alliances with over 400 members. This membership will help Wipro accelerate its Internet of Things (IoT) solution deployments, using Low Power Wide Area Networks (LPWAN) technology for customers across industry sectors such as energy, utilities, natural resources, smart cities, ports, and logistics.
The LoRa Alliance™ is an open, non-profit association, with a mission to standardize the deployment of LPWAN technology across the world to enable IoT, machine-to-machine (M2M), smart city, and industrial applications. It was formed in 2015 by technology industry leaders, including Cisco, Semtech, IBM, and telecommunications majors.
The LoRa Alliance™ defines and drives the Long Range Wide Area Network (LoRaWAN™) technology. LoRaWAN™ is an LPWAN specification intended for wireless battery operated devices in a regional, national or global network. It provides seamless interoperability among smart devices without the need for complex local network installations, and empowers users, developers, and businesses, enabling the seamless rollout of IoT solutions.
Anita Ganti, Senior Vice-President and Global Head, Product Engineering Services, Wipro Limited said, “We are delighted to join the LoRa Alliance™. This alliance will help Wipro to deploy IoT solutions using LoRaWAN™ technology. LoRaWAN™ and LPWAN play a critical role by creating both public and private networks, which are essential for successful IoT deployments. The ease of installation of the LoRaWAN™ network, in licensed exempt spectrum, will help us in solving connected engineering challenges to ensure uninterrupted connectivity for our -customers across the globe”.
Jayraj Nair, Vice-President and Global Head IoT, Wipro Limited said, “We support the mission to standardize Low Power Wide Area Networks (LPWAN) being deployed around the world to enable Internet of Things (IoT), machine-to-machine (M2M), smart city, and industrial applications. We are excited about LoRaWAN™ optimized power management, which will enable broad deployment of IoT solutions with smaller payloads.”
“Wipro’s proven system integration capabilities can enable adoption of LoRaWAN™ technology for IoT. Wipro has already demonstrated its leadership in the adoption of LoRaWAN™ technology by enabling smart ports and mines in India,” said Geoff Mulligan, Chairman, LoRa Alliance™. “Joining the LoRa Alliance™ will help Wipro to generate value for IoT market participants by being part of our large ecosystem, enable them to get closer to their customers and introduce new connectivity-enabled services.”
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
About the LoRa Alliance™
The LoRa Alliance™ is an open, non-profit association that has grown to more than 400 members since its inception in March 2015, becoming one of the largest and fastest growing alliances in the technology sector. Its members are closely collaborating and sharing their experience to promote the LoRaWAN™ protocol as the leading open global standard for secure, carrier-grade IoT LPWA connectivity. With the technical flexibility to address multiple IoT applications, both static and mobile, and a certification program to guarantee interoperability, the LoRaWAN™ is already being deployed globally by major mobile network operators and is anticipated to widely expand in 2017.
The technology utilized in a LoRaWAN network is designed to connect low-cost, battery-operated sensors over long distances in harsh environments that were previously too challenging or cost prohibitive to connect. With its unique penetration capability, a LoRaWAN gateway deployed on a building or tower can connect to sensors more than 10 miles away or to water meters deployed underground or in basements. The LoRaWAN protocol offers unique and unequaled benefits in terms of bi-directionality, security, mobility and accurate localization that are not addressed by other LPWAN technologies. These benefits will enable the diverse use cases and business models that will enable deployments of large-scale LPWAN IoT networks globally.
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.