Bangalore, India – December 12, 2019:
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 a strategic multi-year cyber governance, cloud and infrastructure services transformation engagement by Olympus.
Headquartered in the bustling business hub, Shinjuku, Tokyo, Olympus is a global medtech company committed to "Making people's lives healthier, safer and more fulfilling". It is passionate about optical and digital solutions for the medical, life sciences and industrial equipment industries as well as cameras and audio products.
The company has a history of a hundred years and has now embarked on a transformational journey to become a leading global medtech player. Olympus has chosen Wipro as a strategic partner with a focus to transform their IT infrastructure. For this transformation, Wipro will leverage its SHINRAI delivery framework, which is designed specifically for engagements in Japan. It has stringent quality processes and ensures reliable and predictable delivery to improve customer satisfaction and experience.
Wipro’s proven expertise in the area of Cloud, Digital Workplace and Artificial Intelligence with a global delivery capability spanning across Japan, Americas, Asia Pacific will help transform Olympus’s infrastructure systems worldwide. Wipro will deploy its HOLMESTM platform to transform the operations with AI and Hyper automation and bring in enhanced efficiencies along with significantly better user experiences. Wipro’s BoundaryLess enterprise solution (BLE) will strengthen and harmonize Olympus’s internal IT systems, improve the company’s security standards globally, and provide a seamless IT service experience to employees and stakeholders.
Stephen Kneebone, Global Chief Information Officer, Olympus said, “In Wipro, we are pleased to have found a strong global partner for the modernization of our IT infrastructure. Together we will form a strong IT backbone and accomplish our global transformation into a leading medtech company. We are looking forward to a successful cooperation.”
Manoj Nagpaul, Senior Vice President, Asia Pacific and Japan, Wipro Limited said, “We are delighted to be selected as the strategic IT and business transformation partner for Olympus. We look forward to supporting them in their digital journey using Wipro’s comprehensive portfolio of offerings in the areas of Cloud, Digital Workplace and Artificial Intelligence which are transformation and innovation-focused. We are confident that our industry best practices and rich experience in delivering outcome-based services will help us deliver significant value to Olympus and its stakeholders.”
Olympus is passionate about the optical and digital solutions we create for the medical, life sciences and industrial equipment industries as well as cameras and audio products. For more than 100 years, Olympus has focused on making people’s lives healthier, safer and more fulfilling by helping detect, prevent and treat disease; furthering scientific research; ensuring public safety; and capturing images of the world.
Olympus Corporation is headquartered in Tokyo, Japan, with more than 35,000 employees worldwide in nearly 40 countries. For more information, visit www.olympus-global.com.
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 175,000 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.