Retains leadership position for the seventh consecutive year
East Brunswick, New Jersey, USA and Bangalore, India - April 28, 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 been positioned as a leading player in 'Zinnov Zones 2016 - Product Engineering Services Rating', for the seventh consecutive year.
The Zinnov study evaluated more than 35 global engineering service providers from across the globe in 15 major industry segments. It analyzed responses from participants on key parameters such as product development capabilities, innovation, client relationships, human capital, financials, ecosystem linkages, infrastructure, non-linear strategy and business sustainability.
Wipro has been recognized in the leadership zone in nine industry segments - Enterprise Software, Consumer Software, Consumer Electronics, Computer Peripherals & Storage, Industrial Automation, Automotive, Medical Devices, Telecommunications and Semiconductor. Zinnov has also recognized Wipro's leadership as an 'Expansive and Established' player in Embedded Systems and Mechanical Engineering Services. Please click here to view the summary report.
Anita Ganti, Senior Vice President & Global Head, Product Engineering Services, Wipro Limited said, "We are excited about retaining our leadership positon in Zinnov Zones for Engineering R&D services. Wipro's focus on software product development along with our investments in connected engineering solutions, automation and intellectual property, helps us deliver tangible business benefits to our customers. This recognition by Zinnov is testimony to our commitment to enable best-in-class digital and engineering transformation for our global customers."
"Deep domain expertise and integrated design capabilities strengthen Wipro's position in the leadership zone. Wipro HOLMES Artificial Intelligence PlatformTM and cutting-edge solutions like SysAssure360, AppAssure and DevAssure demonstrate its strength in Enterprise Software. Wipro's client specific labs for Enterprise Software sets it apart it from its competitors," said Sidhant Rastogi, Partner & Practice Head, Zinnov.
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.
Founded in 2002, Zinnov is headquartered in Silicon Valley and Bangalore. In over a decade they have built in-depth expertise in engineering and digital practice areas. They assist their customers in effectively leveraging global innovation and technology ecosystems to accelerate innovation and digital transformation. With Zinnov's team of experienced professionals, they serve clients in Software, Automotive, Telecom & Networking, Semiconductor, Consumer Electronics, Storage, Healthcare, Banking, Financial Services and Retail verticals in US, Europe, Japan and India. For any further media queries, please contact Jaya Shukla at firstname.lastname@example.org
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.