Bangalore, India - June 14, 2018:
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 awarded the prestigious National Intellectual Property (IP) Award 2018 by Intellectual Property Office (IPO), Government of India and The Department of Industrial Policy and Promotion (DIPP), in the ‘Top Public Limited Company / Private Limited Company for Patents & Commercialization in India’ category. In addition, the World Intellectual Property Organization (WIPO) has recognized Wipro with the WIPO IP Enterprise Trophy for creative and innovative enterprise.
The Department of Industrial Policy and Promotion (DIPP) and Intellectual Property Office (IPO), Government of India in association with the Confederation of Indian Industry (CII) felicitate organisations, institutions and individuals who have excelled in Intellectual Property Protection in India. The national level recognition endeavours to encourage a sustainable model for the growth of IP filings, grant of IP rights and commercialization of IPRs in India. Similarly, the objective of the international WIPO IP Enterprise Trophy is to encourage businesses, including small and medium-sized enterprises, and institutions to make imaginative use of IP in their business activities.
“We are honoured to be recognized for our IP capabilities. Today, Wipro’s IP portfolio comprises of valuable patents, designs, trademarks and copyrights. We look forward to strengthening and leveraging our IP portfolio in the coming years for the benefit of our customers across the world,” said K R Sanjiv, Chief Technology Officer, Wipro Limited.
The company’s intellectual property portfolio spans across leading-edge technology domains such as digital enterprise, cloud computing, IoT, intelligent networks, autonomous vehicles, smart systems, storage management, cyber security, cognitive systems, artificial intelligence and machine learning. It has solutions relevant to a wide range of industries that include telecom, consumer electronics, media & entertainment, energy management, automobile, health care and retail, among others.
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.