Sydney, Australia and Bangalore, India - May 3, 2012
Wipro Technologies, the Global Information Technology, Consulting and Outsourcing business of Wipro Limited (NYSE: WIT) and University of Canberra, a leading Australian University have jointly won 'Best Service Provider' Innovation Excellence Award at the 2012 ANZ-ISG Paragon awards. This award recognizes Wipro's innovative managed services delivery on a single platform covering IT Infrastructure, Business Process Outsourcing and Applications in a distributed global-delivery model, for the University of Canberra.
Wipro's engagement with University of Canberra commenced in 2009 in the areas of IT infrastructure services support, applications services, IT service desk and process consultation, Business Process Outsourcing including finance, human resources and student administration. The key benefits derived by the University of Canberra (UC) out of this engagement include ensuring the use of standardized and streamlined best practices for administrative and admission process improvement, and increased responsiveness and flexibility during a time of great change in the Australian higher education sector. It has improved reporting capabilities and a substantial reduction in UC's general and administrative service delivery costs.
Commenting on the award, Bruce Lines, Registrar, University of Canberra, said, "This award recognizes Wipro's commendable approach to innovation. Since the commencement of the engagement with the University of Canberra, we have been impressed by Wipro's ability to deliver value to the partnership through optimization of business processes, commitment to best practice methodologies and their ability to manage change."
"We are extremely pleased that Wipro has won the 'Service Provider Innovation Excellence Award' at the ISG Paragon Awards for our engagement with University of Canberra. This award again underlines the value that higher education institutes can derive from working with a strategic IT partner. Innovation is a culture we are driving within Wipro to achieve customer satisfaction and transformation. With help from University of Canberra, we have been able to demonstrate the value clients can achieve when both parties work as one team towards a common objective. We also thank ISG for giving the outsourcing industry this platform to showcase our potential," said Rajat Mathur, Chief Sales & Operations Officer, Asia Pacific & Japan, Wipro Technologies.
The Australia New Zealand (ANZ) Paragon Awards, awarded by Information Services Group (ISG) (NASDAQ: III), a leading technology insights, market intelligence and advisory services company, recognize leadership and best practices in sourcing and service managemen
The ANZ Paragon Awards celebrate and promote organizations and relationships within the sourcing community that have demonstrated high performance leadership and best practices in the sourcing and service management fields.
"The Paragon Award winners demonstrate the great results that can be achieved by applying skilled technology sourcing solutions to business challenges," said Tom McCormack, Partner, Australia/New Zealand, ISG. "We are delighted to recognize excellence within the sourcing industry through these annual awards."
About Wipro Technologies
Wipro Technologies, the global IT business of Wipro Limited (NYSE:WIT) is a leading Information Technology, Consulting and Outsourcing company, that delivers solutions to enable its clients do business better. Wipro Technologies 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 Technologies has 131,000 employees and clients across 54 countries. For more information, please visit www.wipro.com.
About Information Services Group
Information Services Group (ISG) (NASDAQ: III) is a leading technology insights, market intelligence and advisory services company, serving more than 500 clients around the world to help them achieve operational excellence. ISG supports private and public sector organizations to transform and optimize their operational environments through research, benchmarking, consulting and managed services, with a focus on information technology, business process transformation, program management services and enterprise resource planning. Clients look to ISG for unique insights and innovative solutions for leveraging technology, the deepest data source in the industry, and more than five decades of experience of global leadership in information and advisory services. Based in Stamford, Conn., the company has more than 700 employees and operates in 21 countries. For additional information, visit www.isg-one.com.
Media Contacts: Wipro Technologies
Aisel Giumali
Wipro Technologies
+61 401 372 560
aisel.giumali@wipro.com
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.
