Bangalore, India and East Brunswick, New Jersey, USA - December 9, 2013:
Wipro Ltd. (NYSE:WIT), a leading global Information Technology, Consulting and Outsourcing company, today announced that its year-long partnership with CAST, a leader in software analysis and measurement, has resulted in delivery of superior quality application services to its customers, across industry sectors.
Wipro's 'AppInsight Center of Excellence (CoE)', powered by CAST, is boosting application quality to the next level. Designed for large organizations with complex IT landscapes, AppInsight CoE assesses the structural quality of applications and provides critical insights into application resiliency, performance bottlenecks and security vulnerabilities. This is highly relevant in today's technology environment, where most IT solutions are implemented by integrating a set of custom and industry standard solutions. CAST provides a single integrated platform to discover software flaws across these diverse solutions.
With a strong focus on application quality, Wipro has adopted Total Quality Index (TQI) as the primary metric to monitor its project deliverables. During the last year, Wipro has utilized CAST analytics on project sizing and structural quality to significantly improve the TQI of critical systems. As one of the industry's firsts, Wipro is now able to baseline and benchmark structural quality of applications across verticals to further reduce software risk and total cost of ownership (TCO) for its customers.
Bhanumurthy B M, Senior Vice President, Business Application Services, Wipro, said: "Wipro's partnership with CAST is a strategic one and we consider it to be an important asset in our application services portfolio. This partnership has enabled fact-based insight into the state of systems and processes and demonstrated faster and predictable delivery, thereby improving software health and resiliency for our customers."
In the areas of Application Management Services, CAST has helped Wipro cut down on transition risks and build online knowledge repositories for faster knowledge transfer and incident resolutions.
Vincent Delaroche, CEO of CAST said, "CAST is delighted to be associated with Wipro in its journey towards advanced structural analysis and measurement based on emerging CISQ standards. With CAST, Wipro is clearly able to differentiate itself from competition in providing superior services and high quality solutions to its customers."
About Wipro Ltd.
Wipro Ltd. (NYSE:WIT) is a leading Information Technology, Consulting and Outsourcing company that delivers solutions to enable its clients do business better. Wipro delivers winning business outcomes through its deep industry experience and a 360 degree view of "Business through Technology" - helping clients create successful and adaptive businesses. A company recognized globally for its comprehensive portfolio of services, a practitioner's approach to delivering innovation, and an organization wide commitment to sustainability, Wipro has a workforce of 140,000 serving clients across 61 countries. For more information, please visit www.wipro.com.
CAST is a pioneer and world leader in Software Analysis and Measurement, with unique technology resulting from more than $100 million in R&D investment. CAST introduces fact-based transparency into application development and sourcing to transform it into a management discipline. More than 250 companies across all industry sectors and geographies rely on CAST to prevent business disruption while reducing hard IT costs. CAST is an integral part of software delivery and maintenance at the world's leading IT service providers.
Founded in 1990, CAST is listed on NYSE-Euronext (Euronext: CAS) and serves IT intensive enterprises worldwide with a network of offices in North America, Europe and India.
For more information about CAST:
Wipro Media Contacts:
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Forward-looking and Cautionary Statements
Certain statements in this release concerning our future growth prospects 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 fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, 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. 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. 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.