Orlando, Florida, USA - May 17, 2010:
Wipro Technologies, the global IT services business of Wipro Limited (NYSE: WIT), announced that it has launched two productized services in support of implementations of SAP® applications. These productized services are pre-packaged, best-practices-based, fixed-scope and fixed- price services aimed at helping customers implement SAP applications more quickly, leading to reduced time to value and total cost of ownership (TCO). The services launched include an enterprise information management (EIM) service for customers in the oil & gas and process industries and a customer care and billing service for customers in the utilities industry.
These productized services are scheduled to be available initially in the United States and the U.K. Wipro, an SAP services partner, will showcase its newly launched services at the SAPPHIRE® NOW conference, being held through May 19 at the Orange County Convention Center.
Wipro’s EIM productized service allows consolidation, matching and merging for the purpose of unifying master data and analyzing global spending, products and customer footprints. It offers better data visibility, resulting in improved decision making. It also makes it easier to ensure that multiple compliance requirements are met through data standardization. The EIM service leverages the SAP NetWeaver® Master Data Management (SAP NetWeaver MDM) component and SAP BusinessObjects™ Data Quality Management software.
Wipro’s customer care and billing service, called SmartUtil, is a template-based, pre-configured service for gas and electricity clients. SmartUtil integrates with the SAP for Utilities solution portfolio and the SAP Customer Relationship Management (SAP CRM) application, helping adoption of industry best practices.
“These services highlight our commitment to helping our customers succeed,” said Anand Padmanabhan, Senior Vice President and Global Head- Energy and Utilities SBU, Wipro Technologies. “Wipro has been at the forefront of innovation and has made significant investments in developing productized services that help improve productivity, lower costs and speed-up time to market.”
“These new productized services from Wipro complement our services portfolio strategy to help strengthen the SAP ecosystem and demonstrate co-innovation between SAP and a key partner in our ecosystem that benefits our customers,” said Mark From-Poulsen, executive vice president and head of SAP Services EMEA and GTM for SAP Services Global, SAP AG. “The use of these services will enable our customers to improve efficiencies, thus accelerating delivery of innovative products to market while lowering total cost of ownership.”
Attendees of SAPPHIRE NOW are also invited to visit Wipro Technologies in booth 2701, where they’ll be exhibiting during the show_SAP, SAPPHIRE and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries.
Business Objects, BusinessObjects and the Business Objects logo are trademarks or registered trademarks of Business Objects in the United States and/or other countries. Business Objects is an SAP company.
All other product and service names mentioned are the trademarks of their respective companies.
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Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
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 profitable 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
Mangala Koti Singhal
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+44 792 020 5496
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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.