Bangalore, India and East Brunswick, New Jersey, USA - November 21, 2013:
Wipro Ltd. (NYSE:WIT), a leading global Information Technology, Consulting and Outsourcing company today announced that it was named a "Leader" by technology global research and advisory firm Forrester Research Inc. in its report "The Forrester Wave™: Business Intelligence Service Providers In Asia Pacific, Q4 2013".
Forrester Research Inc. evaluated leading Business Intelligence (BI) Services providers across 53 criteria relating to current offering, strategy and market presence based on client inquiries, user needs assessments, and vendor and expert interviews. It identified Wipro as a leader in Business Intelligence Services for Asia Pacific-based organizations.
The report highlighted Wipro’s growing presence in Asia Pacific as a key player in BI Services, stating: “The company responded to Asia Pacific customers’ requests for faster time-to-business-value by developing a portfolio of prepackaged business solutions, including customer analytics, risk and compliance, manufacturing process analytics, and telecom insights. These solutions drive business innovation, enhance the customer experience, and improve efficiency by applying analytical approaches.”
The report acknowledged Wipro’s investments in BI services for Asia Pacific and noted that: “Wipro also acquired Australia’s Promax, a BI software vendor helping consumer goods manufacturers to understand the ROI of their trade promotions. Wipro has also made strategic investments in Opera Solutions (a leading global Big Data science company) and Axeda Corporation, leading M2M Platform Provider, to build industry-specific big data analytics solutions. Wipro also has its own advanced analytics lab in Kolkata, India, with more than 300 statisticians and domain consultants.”
Elaborating on Wipro's vision and focus for BI Services, KR Sanjiv, Senior Vice president and Global Head, Analytics and Information Management, Wipro, said "We believe that this recognition from Forrester reflects our continuing success in delivering turnkey BI solutions providing high business impact to customers in the Asia Pacific region.”
Wipro is a leading provider of analytics and information management solutions — enabling customers to derive actionable business insights from data to drive growth, enhance cost management and strengthen risk management. Wipro works with customers to develop end-to-end analytics and information strategy leveraging process assets and solutions based on analytics, business intelligence, enterprise performance management, and information management. Wipro has made investments in emerging technology areas like visualization, in-memory computing, Big Data - Hadoop, Mobile BI.
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 57 countries. For more information, please visit www.wipro.com.
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.