Bangalore, India - September 5, 2012:
Wipro Technologies, the Global Information Technology, Consulting and Outsourcing business of Wipro Limited (NYSE: WIT), today announced the appointment of Shaji Farooq as the Senior Vice President for the company's newly created Advanced Technologies service line, which will comprise of Social Media, Mobility, Analytics-as-a-service and Cloud.
"Dynamic developments in the sphere of Social, Mobility, Analytics-as-a-service and Cloud will have a significant impact on how redesigned business processes will transform the enterprise. To truly differentiate Wipro as the partner of choice for our customers in this phase of disruption, we need to focus on these technologies as a comprehensive service line. We are confident that Wipro is poised for accelerated growth in these new areas, under Shaji's leadership", said TK Kurien, CEO, IT Business and Executive Director, Wipro Limited.
Wipro has over the years built enduring partnerships with some of the large global IT players for our system integration business and this forms a significant part of our business. Shaji will provide leadership to drive sell-with business through global alliances.
Shaji will also be responsible for the transformation of Wipro's go-to-market approach by bringing together Wipro's Sales Hunting, Sales Enablement and Strategic Marketing functions together, to build a unified approach and strategy.
Prior to joining Wipro, Shaji Farooq was heading Infosys' Consulting & Systems Integration across the FSI (Financial Services Industry) vertical. He has 24 years of professional experience and his areas of expertise include Business and IT Strategy, Business Process Redesign, and Value Management, with significant focus on the Financial Services Industry. Over the years, Shaji has managed large teams and has been an active contributor to innovation and thought leadership, and has 40 technology patents to his credit.
Shaji holds an MBA in Finance from the Stern School of Business at NYU, a Ph.D. in Engineering from Rensselaer Polytechnic Institute, and a Bachelor's Degree in Engineering from Indian Institute of Technology, Bombay.
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 135,000 employees and clients across 54 countries. For more information, please visit www.wipro.com
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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.