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< Press Releases

Wipro Named as Industry Leader by Zinnov for the 11th Consecutive Year

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Wipro Named as Industry Leader by Zinnov for the 11th Consecutive Year

Zinnov Zones Assessment on ER&D and IoT Services 2020 lists Wipro as a ‘leader’ in the 24 industry sectors analysed

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New York, USA and Bangalore, India – June 07, 2021: 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 named by Zinnov as the ‘Industry Leader’ for its Engineering and Research & Development (ER&D), and Internet of Things (IoT) Services for the eleventh consecutive year. In addition, for the first time, Wipro has also secured leadership positions across 24 industries measured by Zinnov Zones Assessment on ER&D and IoT Services 2020.

The report recognizes Wipro’s EngineeringNXT approach that helps clients accelerate their time-to-market at various stages of the product, platform and technology lifecycle. Wipro combines mature product-development methodologies, IP-driven solutions, delivery excellence, and provides access to a diverse partner ecosystem. This is also the first time Wipro secured a leadership position in the Aerospace vertical, an industry in which Wipro works with four of the world’s top aerospace firms. This recognition is a testament to the investment in Wipro’s Tarang Labs, which assembles state-of-the-art Aerospace R&D labs with new-age technologies and tools.

“Wipro is a long-standing leader in engineering innovation and R&D, helping clients bring new or improved products and services to market. Zinnov’s recognition of Wipro’s engineering leadership in 24 industry sectors is a testament to the strength of our capabilities and ability to help clients with their engineering, R&D and IoT transformation. We are honored to be named an industry leader for the eleventh consecutive year,” said Harmeet Chauhan, Senior Vice President, Engineering and R&D Services, Wipro Limited.

“Wipro is among the top leaders for ER&D globally with a strong heritage of delivering embedded and software engineering services. Its ability to carve out end-to-end deals in the engineering services space, especially in the Automotive vertical, has helped improve its year on year (YoY) positioning in the Zinnov Zones for ER&D Services assessment. Further, its strategic acquisitions have strengthened up its market positioning in the Semiconductors space, through added Very Large Scale Integration (VLSI) and systems design capabilities,” said Sidhant Rastogi, Managing Partner, Zinnov.

“Wipro has also been rated a leader for overall IoT services as well as for specific use cases pertaining to contactless retail, digital thread, public infrastructure, and telemedicine in the Zinnov Zones for IoT Services 2020 assessment. Its focus on accelerated innovation and agility to enable digital health development for clients, along with its capabilities around the HOLMESTM ecosystem, positions it favorably for Telemedicine services. Wipro's IoT led transformation of field services, predictive maintenance, asset management, supply chain, and product design poise it as a leader for digital thread enablement as well,” added Rastogi.

Download the report: https://www.wipro.com/analyst-speak/wipro-named-industry-leader-by-zinnov-for-the-11th-consecutive-year/

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 190,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future. 

Wipro Media Contact:

Sony Shetty

Wipro Limited

sony.shetty@wipro.com

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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