Bucharest, Romania - September 12, 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 an Automotive Center of Excellence (CoE) in Timisoara, Romania. This CoE will help Wipro deliver innovative embedded software solutions for its global and European clients. This engineering center in Romania is part of Wipro's global delivery network that offers best-in-class engineering and IT services.
The company plans to hire experienced technology professionals and engineering graduates from top universities in Romania, to work across technology domains such as in-vehicle infotainment, cluster display, telematics, connected cars and Advanced Driver assistance Systems (ADAS)
Currently, Wipro has development centers in Bucharest and Timisoara. In order to accommodate the increasing workforce, Wipro has expanded the office space to 12,000+ square metres in Bucharest and 3,000+ square metres in Timisoara.
Anita Ganti, Senior Vice President and Global Head, Product Engineering Services, Wipro Limited said, "Our Center of Excellence in Timisoara is located close to some of our top clients in Europe and we expect to see significant traction from them in the embedded software domain as well as interest in emerging technologies. Romania offers a great engineering talent pool and excellent infrastructure support. An enhanced engineering presence in Romania will help us address the local and global needs of our European engineering customers, and assist them in gaining both scale and time-to-market advantages."
Catalin Stratulat, Delivery Head-Romania, Product Engineering Services, Wipro Limited said, "We are confident that Wipro's long-standing relationships with the leading automotive manufacturers and Tier 1 players in the industry when combined with the engineering expertise available in the Romania market, will help us build a high-quality and dynamic team to serve our clients better."
Alex Beylin, Vice President and Global Automotive Business Head, Wipro Limited said, "This center is an integral part of Wipro's global engineering and digital solutions capabilities and will enable us to cater to our automotive customers in the European region by tapping into the highly skilled local talent pool."
Wipro has over two decades of experience in delivering differentiated solutions for Tier-1 global automotive electronic suppliers and original equipment manufacturers (OEMs) and has been a trusted partner in their digital transformation journey. With its leading-edge automotive product design and engineering expertise in electronics, software, engineering design services, manufacturing execution systems, product lifecycle management, cloud solutions, and enterprise IT applications management, and remote infrastructure services, Wipro has delivered solutions that create unique user experiences with highest levels of reliability.
Wipro has been present in Romania for over 10 years. Today, the company has a total employee strength of over 1200 in Romania, serving over 30 clients in Europe, across industries such as retail and consumer goods, healthcare, manufacturing and telecom.
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.