Bangalore, India - November 9, 2010:
Wipro BPO, the Business Process Outsourcing arm of Wipro Technologies, the Global Consulting, System Integration and Outsourcing Business of Wipro Limited (NYSE:WIT) has been recognized as the ‘Company of the Year’ in the ‘International’ category, at the ‘BPO Industry Awards 2010’, organized by Economictimes.com, the online portal of India’s largest circulated financial daily, in a ceremony held in New Delhi on October 27th.
The BPO division of Wipro Technologies is one of the largest BPO service providers on a global delivery platform. Wipro BPO provides a broad spectrum of services across CRM, Back Office Transaction Processing, Industry Specific Solutions and BPO Consulting.
Commenting on the award, Ashutosh Vaidya, Sr. Vice President and Head, Wipro BPO, said “We are delighted to receive this recognition. This award is testimony to Wipro BPO’s proven track record of partnering with client organizations to build transformation programs that deliver business value beyond labour arbitrage”.
Wipro BPO has made rapid progress in the last few years extending the delivery presence to many countries including Brazil, Canada, Japan and New Zealand. Starting with two international locations in 2007, we have grown to twenty locations in 2010. Today, the talent pool at Wipro BPO spans 27 nationalities and provides service to customers in 22 global languages.
The BPO Industry Awards 2010 were instituted by Economictimes.com, in association with QAI, a leading consulting and workforce development organization, to reward professionals and organizations for their superlative achievements in the field of Business Process Outsourcing.
The members of the jury included prominent industry leaders like Raman Roy, Chairman & Managing Director, Quatrro BPO Solutions (P) Ltd, Pradeep Gupta, Chairman and Managing Director of CyberMedia and T K Arun, Editor-Delhi, The Economic Times.
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 strong 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
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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.