East Brunswick, New Jersey, USA and Bangalore, India - March 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 the Wipro HOLMES™ Cloud BOT - a continuously learning digital consultant, that leverages Wipro's BoundaryLess Data Center solution.
The Wipro HOLMES™ Cloud BOT uses a gamified natural language processing (NLP)-based chat interface to have an intelligent interaction with stakeholders to enrich the data for cloud analysis. It leverages the Wipro HOLMES Artificial Intelligence Platform™ that helps enterprises hyper-automate processes, redefine operations and enable their digital journeys. HOLMES represents Wipro's integrated automation capabilities across infrastructure, applications and business process services, delivered through a comprehensive blend of tasks, processes, and cognitive technologies.
The Wipro HOLMES™ Cloud BOT leverages applications and infrastructure data residing in multiple data sources in the client's environment, and facilitates collaboration between stakeholders from IT and business teams to create a comprehensive digital repository. This helps in analyzing and predicting viable cloud placement decisions, based on rule-based algorithms and past learning to accelerate the client's cloud journey.
The BOT also solves the complexities of collating undocumented information about an enterprise's technology application architectures, risk management and compliance landscape. It derives insights from this data to define cloud strategy and offer optimal application choices.
Kiran Desai, Senior Vice-President and Head - Global Infrastructure Services, Wipro Limited said, "We are currently seeing a convergence of technologies that is driving business value for clients. The Wipro HOLMES™ Cloud BOT combines cloud, artificial intelligence (AI) and collaborative technologies, which we believe, are catalysts in accelerating transformation."
Rohit Adlakha, Vice President and Global Head, Wipro HOLMES Artificial Intelligence Platform™, Wipro Limited said, "Wipro HOLMES™ offers state-of-the-art cognitive computing solutions that help accelerate an enterprise's digital journey by enhancing their operational efficiency, effectiveness and user experience. We believe that the Wipro HOLMES™ Cloud BOT is well positioned to deliver this advantage to our clients across various industry domains."
The Wipro HOLMES™ Cloud BOT is designed to hasten cloud assessment projects for enterprises, thereby substantially reducing the time taken, from months to weeks. This ensures that clients receive high quality advisory services backed by experiential learnings.
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
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.