Bangalore, India - August 29, 2013:
Wipro Ltd., (NYSE:WIT), a leading global information technology, consulting and outsourcing company today announced the launch of a range of information technology (IT) products for the aviation industry.
The aviation IT product portfolio comprises of two categories of solutions: enterprise and mobility solutions. Enterprise solutions include products for crew management, route profitability analysis, loyalty management, inflight catering, aircraft maintenance planning and crisis management. Mobility solutions include products for pilots, cabin crew and flight dispatchers.
The extensive product portfolio aims to address critical airline business functions, which have a direct bearing on service quality, operational efficiency and strategic decision making. These products provide competitive advantage to an airline through comprehensive functional features complimented by open technology platforms. Functionally rich and user-friendly, the innovative and technologically advanced products are expected to fill gaps in the IT applications portfolios of many airlines and provide an edge over competitors.
In September 2012, Wipro entered into a strategic partnership with Qatar Airways to research and develop the portfolio by bringing together Wipro's expertise in application management and support, and Qatar Airways' aviation systems' expertise, resulting in new software products for the airline industry.
"These solutions have played a key role in enhancing customer service & operational efficiency of Qatar Airways," said Akbar Al Baker, CEO of Qatar Airways. "Now these already proven solutions can be brought to market and deployed in a variety of means such as licensing or Software as a Service."
Anand Sankaran, Senior Vice President and Business Head, Global Infrastructure Services & Wipro Infotech said, "We are developing new IPs with Qatar Airways which will augment our available suite of solutions. This is a very unique partnership with Qatar Airways where we are marketing their existing software products and leveraging the core competencies of both organizations to create tangible value to other airlines. We believe that this portfolio of products will transform the Airline industry and help them do business better."
Srini Pallia, Senior Vice President & Global Head RCTG, Wipro Ltd. said, "The Transportation sector and in specific the Airline industry is a focus area for Wipro. The product suite that Wipro and Qatar Airways have jointly developed is targeted to play a key role in driving greater operational efficiency, enhanced customer service and faster decision-making. We have been leveraging our capabilities in mobility, cloud infrastructure, analytics, airline domain competency and BPO to offer best in class services to the global airline industry."
"Qatar Airways is happy to work closely with Wipro to continually enhance our products and also bring out new product solutions that help airlines take service levels to new heights," said Al Baker. "Wipro’s technical expertise along with our airline domain knowledge and the insights from our award winning service has helped create some excellent IT offerings for the aviation sector."
About Qatar Airways
The Doha-based airline is one of the world's fastest growing carriers, operating now in its 16th year with a modern fleet of 129 aircrafts flying to 129 key business and leisure destinations across Europe, Middle East, Africa, Asia Pacific and The Americas.
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.
These products are designed to enhance the operations of airlines and other aviation related companies across the board and are available for immediate licensing and implementation worldwide.
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.