New York, USA and Bangalore, India – June 15, 2021: Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced its intent to join IBM’s (NYSE: IBM) ecosystem of partners using IBM’s new Automation Foundation and IBM Cloud Paks for Automation to manage and modernize its mission-critical workloads across hybrid cloud environments. IBM Cloud Paks for Automation is an AI-powered portfolio that helps customers streamline business processes, automate tasks based on data analysis and continuously improve workflows that run centrally, in networks, and at the edge.
IBM Cloud Paks for Automation, AI-powered hybrid cloud software solutions built on Red Hat OpenShift, offer enterprises a portable, flexible and secured path to optimization by automating business and IT processes to accelerate growth.
Leveraging IBM Cloud Pak for Integration, Wipro developed its Cloud Native Integration Platform (CNIP) that helps empower organizations to be agile, scalable, and resilient. The platform’s cloud-native architecture and functions form the core building block for digital transformation. The solution provides recommendations and automates migration to cloud, which helps enterprises modernize applications using a hybrid multi-cloud infrastructure. Through this solution, customers will be able to meet their business needs and gain access to Wipro’s service capabilities ranging from strategic advice and business transformation to IT services, solution development, integration, and deployment of hybrid cloud solutions.
Arun Melkote, Global Head, Application Engineering and Modernization, Wipro Limited said, “Wipro is proud to collaborate with IBM to accelerate the adoption of its Automation Foundation and create a new generation of solutions that yield a better experience and improved productivity. We seek to work with market leaders who embody our principles and emphasize consumer-oriented solutions--IBM has a history of putting these values into practice. Joining this dynamic ecosystem will result in innovation that ultimately benefits our customers.”
Evaristus Mainsah, General Manager, IBM Hybrid Cloud and Edge Ecosystem said, “IBM Cloud Paks for Automation offers ecosystem partners like Wipro the flexibility, security and portability to automate business and IT operations, unlock the true value of their data, and accelerate their path to digital acceleration. IBM’s growing ecosystem increases opportunities for customers to tap into the IBM Automation portfolio to streamline workflow, increase efficiencies, and accelerate revenue growth.”
Wipro is part of IBM's partner ecosystem, an initiative to support ecosystem partners of all types -- whether they build on, service or resell IBM technologies and platforms -- to help clients manage and modernize workloads from bare-metal to multi-cloud and everything in between using IBM Cloud Pak solutions built on Red Hat OpenShift, the industry's leading enterprise Kubernetes platform.
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 200,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.
Media Contact:
Shraboni Banerjee
Wipro Limited
Forward-looking 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.
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