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< News and Events

Wipro Partners with TEOCO to Develop Next-Generation Network Solutions for Communication Service Providers

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Wipro Partners with TEOCO to Develop Next-Generation Network Solutions for Communication Service Providers

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The partnership includes the establishment of a Center of Excellence

New York, USA and Bangalore, India – November 02, 2021: Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting, and business process services company, has partnered with TEOCO to develop solutions that help communication service providers (CSPs) improve network automation, flexibility, efficiency, and reliability. Together, Wipro and TEOCO will provide CSPs with comprehensive solutions to plan, analyze, optimize, and monitor next-generation networks (NGN).

Wipro and TEOCO’s solutions will empower CSPs to manage network growth, forecast investment needs, improve operational efficiencies, and enhance network quality. The partners will build a new NGN Center of Excellence (CoE) to help CSPs develop innovative services and advanced use cases. This combination of solutions and CoE will enable CSPs to enrich their customer offerings and maximize revenue potential from emerging technologies including 5G, edge-based analytics and the Internet of Things (IoT).

“Advanced analytics, machine learning and network automation are key in helping CSPs prepare for new 5G business opportunities. Wipro’s partnership with TEOCO will help CSPs develop a unified approach to assuring service quality, network performance and fault management, ultimately enabling the rapid adoption of next-generation services,” said Anurag Shrivastava, General Manager and Global Practice Head of Network Services, iDEAS, Wipro Limited.

“TEOCO has deployed its Helix, ASSET and Mentor Suites at more than 100 CSPs globally, providing differentiated point solutions for Service Assurance, RAN Planning and RAN Optimization. Partnering with Wipro enables us to work together to bring future-fit technologies to market and deliver next-generation innovations as part of their offerings,” said Atul Jain, TEOCO’s founder and CEO.

Wipro is committed to helping businesses embark on successful digital transformation journeys and will continue to seek out leading partners whose capabilities and product offerings align with its diverse portfolio of services.

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 220,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future. 

About TEOCO Corporation

TEOCO is a leading provider of analytics, assurance and optimization solutions to over 300 communication service providers (CSPs) worldwide. Our solutions enable the digital transformation of CSPs while enhancing their network QoS, improving their customer experience and reducing their operational costs.

Through advanced analytics, TEOCO products provide actionable and measurable insights into network and customer behavior. This includes the optimization, effective monetization, and delivery of new and existing services, such as 5G.

Our commitment to network flexibility and agility makes TEOCO the obvious choice for CSPs looking to maximize the revenue potential of 5G investments and capitalize on new opportunities tied to the emerging Internet of Things (Iot).

For more information please visit: www.teoco.com

Media Contact:

Sandeep Deb Varman

Wipro Limited

Sandeep.varman@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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