Frankfurt, Germany & Bangalore, India - September 15, 2017:
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting, and business process services company, announced that it has been awarded a seven-year contract by innogy SE to manage their data center and cloud services. innogy SE is an established European energy company. With its three business areas of Renewables, Grid & Infrastructure and Retail, it is well equipped for the work ahead in a modern, decarbonised, decentralised and digital energy world.
As part of the agreement signed in November 2016, innogy transferred its twin data centers in Neurath und Niederaussen in Germany to Wipro on February 1, 2017. The subsequent transition phase ran smoothly. Wipro will leverage its BoundaryLess Data Center offering to help innogy drive a transformation program to rationalize, virtualize and consolidate their IT infrastructure.
Marcus Schaper, CIO innogy SE, said, "This engagement is strategic to our IT operations. We believe that Wipro is the best partner for us to accompany us on our IT journey around data center services. Therefore, we have not only signed a contract in Germany but also have extended our contract with Wipro in the UK until 2024."
Arun Krishnamurthi, Vice President and Global Head - Utilities, Wipro Limited said, "We are delighted to expand our partnership with innogy with this engagement. We are confident that our domain expertise in the utilities sector coupled with our deep IT infrastructure services capabilities will successfully support innogy’s business objectives. Wipro will invest in and maintain the twin data centers in Germany so as to future proof them. This will ensure business agility and drive efficiencies for innogy and other customers in the region."
Kiran Desai, Senior Vice President and Head - Global Infrastructure Services, Wipro Limited said, "This strategic engagement with innogy reinforces Wipro’s leadership in the infrastructure space. Our BoundaryLess Data Center solution capabilities coupled with our domain expertise make us uniquely positioned to enable innogy’s digital transformation journey."
Having worked with customers in the DACH region since 2002, Wipro today has 11 delivery centers in the region with German speaking staff across offices in Frankfurt, Fellbach, Meerbusch, Munich, Hamburg, Vienna and Zurich. Over the last three years Wipro has strengthened its digital and infrastructure services through both organic growth and investments in the region. With its on-shore Datacenter in Meerbusch, Wipro offers a broad range of IT infrastructure management services to its European and global customers, which includes hosting critical applications for banks and premier automotive companies. The company works with customers across industry sectors such as retail, automotive, telecom, healthcare, banking and energy and utilities sectors in the DACH region.
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.