East Brunswick, New Jersey, USA and Bangalore, India – September 15, 2020: Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting, and business process services company will provide commercial engineering services for the Open Network Edge Services Software (OpenNESS) toolkit globally.
Open Network Edge Services Software (OpenNESS), is a Multi-Access Edge Computing (MEC) software toolkit that was developed by Intel and allows developers to create and deploy applications at the network edge or on-premise edge locations. This open source distribution fosters application innovation, and developer engagement with the ecosystem to create 5G and edge solutions.
The engineering services for OpenNESS builds upon an ongoing collaboration between Wipro and Intel on innovative 5G and edge solutions that utilize Intel’s FlexRAN software reference architecture and OpenNESS. Wipro will leverage its long legacy of engineering services to ensure successful deployment of commercial solutions based on the OpenNESS platform. With the evolution of decoupled RAN architecture, the Edge node is becoming a common host for both RAN and application workload. Wipro’s expertise in working with FlexRAN in conjunction with a cloud-native platform such as OpenNESS uniquely positions the company to onboard both RAN and application workloads on a common, optimized edge platform ready for deployment.
K.R. Sanjiv, Chief Technology Officer, Wipro Limited said, “Our collaboration with Intel will help build 5G solutions enabled by edge computing that will power industry applications, deliver superior experiences and drive business efficiencies. Intelligence closer to the source of data will help us re-imagine business applications for our clients. We are excited to deliver commercial support services globally for OpenNESS.”
“Successful commercialization of open source innovations requires partners who can expertly integrate technology components as well as provide engineering services that result in a complete solution,” said Renu Navale, Vice President and General Manger, Edge Computing and Ecosystem Enabling at Intel. “Wipro’s collaboration with Intel on OpenNESS and several other Intel technologies makes them a valuable partner for accelerating service provider and enterprise edge deployments.”
Wipro is committed to be the leading 5G solutions and implementations partner to its clients by providing them with strategic advice on the technology and unlocking its potential to generate new revenue streams. Wipro’s deep engineering and product design expertise enable clients to achieve their 5G objectives in three primary areas: Engineering, Intelligence and Monetization. In addition to the 5G lifecycle services, Wipro's specializations in automation, security and enterprise transformation help clients realize business value in their digital transformation journeys. To learn more click here.
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 180,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future. For more information, please visit www.wipro.com.
Forward-looking and Cautionary Statements
The forward-looking statements contained herein represent Wipro’s beliefs regarding future events, many of which are by their nature, inherently uncertain and outside Wipro’s control. Such statements include, but are not limited to, statements regarding Wipro’s growth prospects, its future financial operating results, and its plans, expectations and intentions. Wipro cautions readers that the forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from the results anticipated by such statements. Such risks and uncertainties include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, complete proposed corporate actions, 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. The conditions caused by the COVID-19 pandemic could decrease technology spending, adversely affect demand for our products, affect the rate of customer spending and could adversely affect our customers’ ability or willingness to purchase our offerings, delay prospective customers’ purchasing decisions, adversely impact our ability to provide on-site consulting services and our inability to deliver our customers or delay the provisioning of our offerings, all of which could adversely affect our future sales, operating results and overall financial performance. Our operations may also be negatively affected by a range of external factors related to the COVID-19 pandemic that are not within our control. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission, including, but not limited to, Annual Reports on Form 20-F. 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.
Intel and the Intel logo are registered trademarks of Intel Corporation or its subsidiaries.