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Wipro Selected as Strategic Transformation Partner by ABB

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Wipro Selected as Strategic Transformation Partner by ABB

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Wipro to drive digital workplace services for ABB’s employees worldwide

Zurich, Switzerland & Bangalore, India – February 16, 2022: Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, has been awarded a five-year, strategic engagement to drive transformation for ABB’s Information Systems digital workplace services. The agreement, worth over $150 million, will help ABB’s Information Systems deliver enhanced, consumer-grade digital experiences for its 105,000 employees in over 100 countries.

ABB is a leading global technology company that energises the transformation of society and industry to achieve a more productive, sustainable future. This engagement, led centrally from Switzerland by ABB and Wipro Limited, will deliver increased automation and enhanced user experience through personalised services underpinned by real-time analytics—all wrapped with Wipro’s superior endpoint security services. Wipro will also provide ABB with managed services support leveraging Wipro’s LiVE Workspace™ solution.

Christophe Zajpt, Head of IT Consumer Experience, ABB, says, “Wipro has been a fundamental part of our IT operations over the past six years and has proven to be a strong partner in our transformation journey of the digital workplace. Their work is critical as it directly touches the lives of our consumers, and our partnership will continue to result in significant digital and technology transformations to our ABB workplace. We will enable our employees to ‘work the way they live’, giving them access to their needs at any time, from anywhere, and on any devices with the highest possible speed and the greatest digital experience. IT plays a critical role in the business and has become a competitive advantage. We’re confident that Wipro is the right partner to help us achieve the full growth and productivity potential of a smart application of innovative workplace solutions.”

Pierre Bruno, CEO, Europe, Wipro Limited, says, “ABB is a great example of a business looking to unlock the power of technology to transform. As ABB’s strategic partner we will be driving a forward-looking roadmap that leverages our experience and knowledge of ABB to-date and brings to bear the best of digital and technology transformation practices. We share a goal of elevating the end user experience and ultimately making a positive impact in the lives of ABB’s employees through Digital Workplace Services. I’m proud of the part Wipro Europe will play in achieving these goals.”

The new partnership between ABB and Wipro builds on an existing digital workplace transformation engagement, which has driven a significant increase in employee satisfaction at ABB.

Note: The deal was mentioned in Wipro Limited's financial results announcement press release, dated October 13, 2021, for the quarter ended September 30, 2021 (Q2 FY21-22), without detailing the tenure and size of the deal.

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. 

Wipro Media Contact:

Sanuber B. Grohe
Sanuber.grohe@wipro.com

Media Contact for Switzerland:

Willi Brand, c/o furrerhugi.ch
willi.brand@furrerhugi.ch
+41 79 460 76 12

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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