Mumbai, India - August 11, 2010:
Red Hat (NYSE: RHT), the world's leading provider of open source solutions, and Wipro, a leading Indian IT solutions and services provider, today announced that Wipro has become the first Red Hat Premier Partner in India and the two companies have strengthened their strategic partnership through joint marketing and integration opportunities designed to bring open source solutions to enterprises across the subcontinent.
Both organisations plan to collaborate in building integrated solutions on Red Hat technologies through joint investments in Wipro’s Centre of Excellence in Bangalore. The objective is to build frameworks and platforms which can be readily replicated and customised by architects and developers to create solutions for industry verticals including telecommunications, banking, financial services, insurance, government, defence and utilities industries.
“Wipro has been a Red Hat partner for more than five years and they have developed substantial skill sets across open source technologies,” said Nandu Pradhan, president & managing director, Red Hat India. “With this announcement, Wipro and Red Hat have formed a strategic partnership that will enable Wipro to deliver open source solutions in India.”
The partnership gives customers in India the choice to evaluate, select and use a complete open source solution stack backed by award winning solution and support from Red Hat, with implementation, delivery and support services from Wipro.
“We have seen increased adoption of open source solutions across the enterprise and specifically in the government, telecommunications and insurance industries. Open source solutions are a significant part of the business strategy at Wipro, and we have invested in creating an open source practice, which today has strong skill sets in delivering end to end solutions,” said Achuthan Nair, Vice President and Business Head, Professional Services, Wipro, India, Middle East and Africa. “The partnership with Red Hat is a compelling value proposition for customers who have started to adopt the performance, reliability, scalability, security and superior value available through open source technology.”
The partnership will enable Wipro to better serve customers who are seeking to virtualize their environments, deploy supported open source middleware for their applications, leverage cloud computing, enable SOA within their business processes and migrate from proprietary to an open source environment.
With this collaboration, Wipro will be able to offer cost-efficient, reliable, secure and scalable solutions built around open source platforms, to its customers. Wipro also plans to offer application services, migration and upgrade services, desktop services and enterprise management services to its customers as well as consulting resources to choose solutions that enable optimal performance, improve productivity and time to market and deliver a tangible return on investment.
One of the key projects executed jointly by Wipro and Red Hat has been at the Employee State Insurance Corporation (ESIC). Wipro has been selected to implement ESIC's Project Panchdeep which is aimed at improving healthcare services to its beneficiaries. The solution from Wipro is completely on the Open Source Stack and has been deployed on Red Hat Enterprise Linux leveraging the integrated virtualization and clustering. Wipro and Red Hat have partnered together in this key win.
About Red Hat, Inc.
Red Hat, the world's leading provider of open source solutions and an S&P 500 company, is headquartered in Raleigh, NC with over 65 offices spanning the globe. CIOs ranked Red Hat as one of the top vendors delivering value in Enterprise Software for six consecutive years in the CIO Insight Magazine Vendor Value survey. Red Hat provides high-quality, affordable technology with its operating system platform, Red Hat Enterprise Linux, together with virtualization, applications, management and Services Oriented Architecture (SOA) solutions, including Red Hat Enterprise Virtualization and JBoss Enterprise Middleware. Red Hat also offers support, training and consulting services to its customers worldwide. Learn more: www.redhat.com
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About Wipro Infotech
Wipro Infotech, a division of the US $6 billion Wipro Limited, provides enterprise customers with high value Information Technology Products, Software Services, Solutions and consulting services in India and the Middle East. Headquartered at Bangalore, Wipro Infotech serves customers in India through a network of 22 offices and 170 service locations across the country. It also has regional offices across the Middle East serving the region.
About Wipro Ltd
Wipro Limited provides comprehensive IT solutions and services, including systems integration, information systems outsourcing, IT enabled services, package implementation, software application development and maintenance, and research and development services to corporations globally. Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services Company globally. In the Indian market, Wipro is a leader in providing IT solutions and services for the corporate segment in India offering system integration, network integration, software solutions and IT services. In the Asia Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro also has profitable presence in niche market segments of consumer products and lighting. Wipro's ADSs are listed on the New York Stock Exchange, and its equity shares are listed in India on the Stock Exchange - Mumbai, and the National Stock Exchange. For more information, please visit our websites at www.wipro.com
Wipro's forward looking and cautionary statements
Certain statements in this release concerning our future growth prospects and our ability to successfully complete and integrate potential acquisitions are forward looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding our ability to integrate and manage acquired IT professionals, our ability to integrate acquired assets in a cost effective and timely manner, fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect 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, liability for damages on our service contracts, the success of the companies in which Wipro has made strategic investments, withdrawal of fiscal governmental incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov Wipro 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. Wipro does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the company.
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