Cupertino, California and Bangalore, India - September 14, 2017:
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced the launch of automation services powered by the Wipro HOLMES™ artificial intelligence platform. The interface software for Wipro HOLMES 2.0 for SAP® applications has been certified by SAP, a market leader in enterprise application software, to automate and interoperate with business processes running in the SAP ERP application.
Wipro’s automation services are designed to deliver cognitive enhancements to user experience and productivity with a measurably improved ‘Business Value Index’ for each level of a business process. Closely integrated with Wipro HOLMES, these services have an efficient conversational computing interface, enabled by technology from Avaamo that can learn and perform multi-turn conversations and execute judgement-intensive tasks just like humans and enhance the user experience. Wipro Ventures, the strategic investment arm of Wipro Limited that is focused on investing in early-to mid-stage startups, has invested in Avaamo, an enterprise software company in the conversational computing space.
Wipro’s automation services are readily deployable with minimal time, effort and are closely aligned to SAP’s product roadmap, helping to make them future-proof. The services deliver end-to-end capabilities across live insights, predictive analytics and business process optimization, and enable new business models. These services are modular, and customers can prioritize their deployment across specific business processes, administration and technology to improve productivity.
Hiral Chandrana, Senior Vice President, Business Application Services, Wipro Limited said, "We are delighted to launch our automation services, powered by Wipro HOLMES. As we help accelerate our clients’ journey to the next generation of SAP software, these in-built cognitive automation capabilities will help in driving enhanced productivity and improved accuracy across business processes, in a predictive manner."
Rohit Adlakha, Vice President and Global Head, Wipro HOLMES and Automation Ecosystem, Wipro Limited said, "Wipro HOLMES is a strategic asset in our AI and automation services portfolio. The launch of our automaton services is emblematic of a paradigm shift in automation services being offered to clients, which go beyond the boundaries of traditional platforms and applications. Additionally, it is reflective of our strategic commitment to Wipro’s long-term alliance with SAP to jointly build solutions and use cases on the latest SAP software. This also strengthens our AI and automation ecosystem to deliver efficiency, effectiveness and an improved user experience for clients in their automation journey."
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.