New capabilities simplify legacy migration initiatives; Help reduce cost, risks and accelerates migration
Bangalore, India - June 30, 2010:
Wipro Technologies, the global IT services business of Wipro Limited (NYSE:WIT), today announced the launch of consulting and re-hosting implementation service offerings for migration of applications running on legacy environments to Oracle’s Tuxedo platform. These new services leverage the Oracle Tuxedo product portfolio to accelerate and simplify legacy migrations.
Legacy modernization is an important customer priority, given the large investment customers have in business-critical legacy applications. In an environment of constrained IT budgets, companies can no longer afford to spend majority of their IT budgets on maintaining legacy infrastructure, which crowds out investments in new business priorities. Re-hosting legacy applications – moving them intact from the legacy environment and migrating them to open systems without impacting business logic or data is an attractive migration approach. It can significantly reduce the cost, time and risk of migration and can enable customers to begin realizing savings within 12-18 months.
These new offerings enable customers to benefit from Wipro’s strong abilities to deliver migration projects on the Oracle stack using industrialized methodology and automated tooling for predictable, on-time, and on-budget delivery. Wipro's specialized Centre of Excellence for Legacy Migration provides skilled resources, best migration practices and reusable rehosting and modernization frameworks to accelerate legacy migration and modernization initiatives. Oracle proven technology gives customers the confidence to migrate mission-critical applications.
Oracle Tuxedo Application Re-hosting Workbench 11g and Oracle Tuxedo Application Runtime for CICS and Batch 11g can help dramatically reduce migration cost, risk, project length and complexity with most legacy applications re-hosted on open systems ‘as-is’. Customers can confidently migrate their applications to enable significant reductions in the cost of running online and batch applications while protecting their investment in business logic and data, and improving scalability and business continuity.
“Wipro is excited to work with Oracle to provide service offerings for migration of legacy applications to Oracle's robust and proven stack,” said K R Sanjiv, Senior Vice President, Business Technology Services, Wipro Technologies. "The new solution will help reduce the change involved in the migration process, allowing us to deliver more effective migration services. Hence, our customers can now see migration results more quickly, realize savings, and leverage these savings towards additional modernization initiatives.”
"Oracle Tuxedo Application Re-hosting Workbench 11g and Oracle Tuxedo Application Runtime for CICS and Batch 11g can dramatically streamline the migration process by providing an automated re-hosting toolset that enables more effective migration services with greater predictability, lower risk, and faster ROI,” said Frank Xiong, Vice President of software development, Oracle. “Wipro can now help deliver migration projects faster and more effectively to our joint customers. This helps customers quickly achieve significant cost reductions, improved performance, flexibility, reliability, and scalability of Oracle Tuxedo and related product offerings.”
About Wipro
Wipro Technologies, a division of Wipro Limited (NYSE:WIT) is the first PCMM Level 5 and SEI CMM Level 5 certified global IT services organization. Wipro Technologies was recently assessed at Level 5 for CMMI V 1.2 across offshore and onsite development centers. Wipro is one of the largest product engineering and support service providers worldwide. Wipro provides comprehensive research and development services, IT solutions and services, including systems integration, information systems outsourcing, package implementation, software application management, and datacenter managed services to corporations 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.
Wipro also has a profitable presence in niche market segments of consumer products and lighting. In the Asia-Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro's ADS' 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 website at www.wipro.com
About Oracle
Oracle (NASDAQ: ORCL) is the world's most complete, open, and integrated business software and hardware systems company. For more information about Oracle, visit http://www.oracle.com/
Trademarks
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.
Media Contacts:
Wipro Technologies
India:
Radhika Mahadevan
Wipro Technologies
+91- 9945042603
radhika.mahadevan@wipro.com
Mangala Koti Singhal
Gutenberg Communications
+91 9686446789
mangala@gutenbergpr.com
US:
Eric Belove
Wipro Technologies
+ 1 (732).216.6242
eric.belove@wipro.com
Lavanya DJ
Gutenberg Communications
+ 212).239.8740
lavanya@gutenbergpr.com
UK:
Rahul Kadavakolu
Wipro Technologies
+44 792 020 5496
rahul.kadavakolu@wipro.com
Shalini Siromani
Gutenberg Communications
+44.79.6066.3200
shalini@gutenbergpr.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 http://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.
