Bangalore, India and East Brunswick, New Jersey, USA - July 25, 2012:
Wipro Technologies, the Global Information Technology, Consulting and Outsourcing business of Wipro Limited (NYSE:WIT) today announced that it was named a "Leader" in the "The Forrester Wave™: Business Technology Transformation, Q3 2012," published July 19, 2012. The Forrester Research Inc. report evaluated and scored Wipro Consulting Services (WCS), Wipro's consulting practice, on the basis of a comprehensive methodology across 18 criteria relating to current offering, strategy, and market presence.
Wipro scored the highest possible scores for its vision, quality of consulting engagements, business organization, business alignment and management credentials. Wipro also scored among the highest in client references of all vendors profiled in the report.
Wipro Consulting Services (WCS) "uses its 'design with a purpose' approach to provide clients with an integrated team incorporating customer insight, a target operating model, process design, business case, and a detailed implementation road map that it can either implement on its own and/or with partners," the report stated.
The report recognized Wipro Consulting Services as "the most advanced in terms of its approach and its vision for transformational consulting, of all the pure-play Indian vendors."
"We are very pleased to be recognized by Forrester Research as a leader in Business led Technology Transformation," said Kirk Strawser, Managing Partner, Wipro Consulting Services. "The mission for Wipro, clearly stated by our CEO T. K. Kurien, is to help create a new kind of professional services firm that works with both business and IT executives to innovate and deliver, end to end solutions that create measurable value for our clients. Wipro's Think-Build-Operate vision requires the tight integration of world class business and domain consulting, with Wipro's award winning distributed IT and BPO delivery capability."
He added, "We believe that this report and the client references demonstrate that as an integrated firm, we are making our customers happy with the business value we deliver".
To learn more about the July 19, 2012 report, "The Forrester Wave™: Business Technology Transformation, Q3 2012," please visit www.forrester.com.
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
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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.