East Brunswick, New Jersey, USA and Bangalore, India, June 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 positioned as a ‘Leading Player’ in ‘Zinnov Zones for Digital Services in Travel & Hospitality – 2018’.
Zinnov Zones is an annual study that evaluates global service providers on their digital prowess and scalability in the travel and hospitality segments. The service providers were assessed on parameters such as the scale of their business, digital talent, number of clients as well as metrics such as digital offerings, breadth of the ecosystem, innovation, business models on offer, and the general outlook for the business.
Wipro has been positioned in the ‘Leadership Zone’ by Zinnov across all industry segments- Planning & Booking, Travel, and Hospitality, and service lines- Digital Consulting, Digital Experience & Design, and Data Management & Insights. Zinnov recognized Wipro’s strong industry positioning in delivering ‘digital-first’ solutions and helping clients provide a hyper-personalized experience to their end customers.
Speaking about Wipro’s leadership position in the Zinnov Zones study, Praveen Bhadada, Partner & Global Head – Digital Transformation, Zinnov said, “We congratulate Wipro for their strong positioning in the latest edition of Zinnov Zones for Travel & Hospitality ratings. Wipro has emerged as a leading digital transformation player with execution capabilities across the entire travel and hospitality value chain. Their investments in developing proprietary solutions are yielding strong dividends, especially in their customer footprint expansion. Wipro’s deep engagement with a varied set of ecosystem constituents including tech giants, leading Independent Software Vendors (ISVs), digital native start-ups, and academia is enabling them to be at the forefront of innovation.”
Srini Pallia, President - Consumer Business Unit, Wipro Limited said, “Wipro has built a differentiated talent pool with expertise in digital skills through a combination of skilling initiatives and strategic investments in Wipro Digital, Designit, Appirio, and TopCoder. These efforts and investments, coupled with our strong partnership ecosystem, have given us a head start in providing truly integrated digital services to our clients in the consumer space. We have also been able to successfully leverage our experience in working with the consumer-facing industries such as retail, payments, and new-age companies, to provide innovative solutions and business value to our clients in the travel and hospitality space.”
Nitesh Jain, Vice President and Global Head – Travel, Hospitality & Public Sector vertical, Consumer Business Unit, Wipro Limited said, “Zinnov’s recognition of Wipro’s leadership position in the Travel and Hospitality segments is a testament to our continued efforts towards bringing digitally-enabled and differentiated services to our clients. Wipro’s offerings and solutions in the area of AI, blockchain, cloud, cyber security, and IoT have helped leading travel and hospitality companies become truly digital, with improved end customer experience and enhanced operational efficiencies.”
Wipro’s deep domain expertise coupled with investments in automation, its artificial intelligence platform - Wipro HOLMESTM, and integrated technology platforms such as CROAMIS, an automated air cargo management solution and Total Operation System (TOPS), a next generation product suite for flight operations, have enabled it to offer a differentiated value proposition to its clients in the travel and hospitality industry.
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 170,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.
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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