East Brunswick, New Jersey, USA and Bangalore, India, September 11, 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 positioned as a leading player in 'Zinnov Zones 2017 for Media and Technology', for the third consecutive year.
The Zinnov study evaluated more than 12 global IT and engineering service providers from across the globe in eight industry and six technology segments. The evaluation was done basis 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 all eight industry segments – New Media, Education, Marketing and Advertising, Publishing, Broadcasting, Information Services, Gaming and Entertainment. Zinnov also recognized Wipro's strong industry positioning in upcoming technology areas such as blockchain and immersive technologies. The study reiterated Wipro’s leadership position in next-generation technologies such as content security, over-the-top (OTT) video, intelligence platforms & solutions, and experience engineering.
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“Wipro has established itself as a leader across verticals in the media space. Its capabilities to deliver end-to-end services with scale and constant endeavour to differentiate offerings have translated to contract wins with large enterprises over the years. Further, significant investments towards building capabilities across next-generation areas such as digital, cyber security, and blockchain have enabled Wipro to cement its position as a strategic partner of choice amongst the enterprise community,” said Sidhant Rastogi, Partner & Practice Head, Zinnov.
Malay Joshi, Vice President, New Age, Media and Education verticals, Wipro Limited said, "We are excited about retaining our leadership position in Zinnov Zones 2017 for Media and Technology. Our investments and wins in the new age, marketing & advertising, education and broadcasting sectors have enabled us to achieve this recognition. Our innovative solutions and partnership models are helping our clients optimize costs and build new revenue streams."
Srini Pallia, President, Consumer Business Unit, Wipro Limited said, “Wipro’s recent acquisitions including Appirio, Cooper, Designit, and investments in the startup ecosystem through Wipro Ventures have helped us stay at the forefront of digital technologies and make forays into newer market segments and geographies. We have successfully been able to build synergies between different consumer verticals and deliver exceptional value to our clients. This recognition from Zinnov is a testimony to Wipro’s commitment, investments and client outcomes.”
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.
Founded in 2002, Zinnov is a global management and strategy consulting firm, with presence in Silicon Valley, Houston, Bangalore, and Gurgaon. Over the past 16 years, Zinnov has successfully consulted with over 250+ Fortune 500 customers to develop actionable insights that help them in their transformation journeys. With core expertise in Product Engineering and Digital Transformation, Zinnov assists clients by:
- Providing research and strategy consulting for Technology Service Providers in the areas of Product Engineering and Digital Transformation;
- Enabling companies to develop and optimize a global engineering partner strategy to achieve higher throughput, innovation, productivity, and cost savings;
- Growing revenue for companies’ products and services in India and other emerging markets;
- Helping MNCs expand and/or consolidate their globalization footprint.
With their team of experienced professionals and research teams, Zinnov serves clients from across software, semiconductor, consumer electronics, automotive, storage, telecom & networking, healthcare, banking, financial services, and retail verticals in US, Europe, Japan, and India. For more information, visit http://zinnov.com.
Director - Marketing, Zinnov
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.