Bangalore, India - June 13, 2012:
Wipro Technologies, (NYSE: WIT) the Global Information Technology, Consulting and Outsourcing business of Wipro Limited today announced Wipro's Mobility Solutions will collaborate with Kony Solutions, Inc., a Mobile Application Development Platform (MADP) provider, to offer an integrated portfolio of mobile application technology and services to enterprise customers in the US, UK, Australia and the Middle East. Mobile Application Development Platforms are frameworks that enable software developers build applications faster.
The Wipro - Kony solution will focus on next generation mobile solutions for sectors such as financial services, healthcare and life sciences, automotive, retail, utilities, and transportation. More than 75 Wipro experts have been extensively trained and certified on the KonyOne platform. Wipro and Kony are currently delivering an integrated solution to a leading Global Bank.
In a typical application development cycle, customers build application from scratch for multiple platforms that integrates multiple business applications. The collaboration between Wipro and Kony will speed up application development and rollout by 40 to 70 percent, depending upon the complexity of the application.
According to independent research and strategic advisory firm, MGI Research, up to 40% of Fortune 1000 organizations will employ a mobile enterprise application platform, by 2014.
Commenting on the growing market opportunity for MADP, Mr. Praveen Bhadada, Director of Market Expansion for Zinnov Management Consulting Pvt. Ltd, a leading Globalization Advisory and Management Consulting firm said, "A combination of factors such as innovative products and platforms, better device penetration and increased acceptance of mobile platforms are driving the growth of enterprise mobility worldwide. Sustained initiatives and innovation by all the stakeholders in the ecosystem--platform vendors, service providers, VARs, system integrators, wireless carriers and middleware players—will ensure the momentum keeps rising. Partnerships like these will be a key step in further enabling the mobile ecosystem."
"Collaboration with ecosystem partners enhances our value proposition as a complete mobility lifecycle partner. Our solution accelerators and innovative delivery model coupled with strong platforms from partners like Kony will help us provide a holistic, future proof and scalable mobility solution to customers," says Gaurav Dhall, Global Head - Mobility Solutions, Wipro Technologies. "We will continue to engage with the ecosystem to provide strategic end-to-end transformation solutions, helping customers innovate in their markets leveraging Wipro's cross domain mobility expertise and that of our ecosystem partners."
"Wipro's ability to support global implementations, combined with our technology platform will help enterprises get to market faster with their mobile and multichannel offerings," said Robin Kearon, VP, Channels and Alliances for Kony. "Adding strategic partners like Wipro helps us grow our geographic footprint, expand our technical expertise, and take advantage of the incredible demand we're seeing for our mobile technology."
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.
About Kony
Kony is the industry's leading mobile enterprise application development platform (MADP) provider, with more than 70 of the Fortune 500 among its customers.
Kony enables companies to deliver innovative mobile solutions on every mobile device. Leveraging the KonyOne Platform, an application is defined just once, and can be deployed across more than 10,000 devices, seven operating systems and multiple channels, including HTML5 and mobile web, hybrid, native, mixed-mode, kiosks, desktop and tablet applications. The KonyOne Platform provides a universal framework that ensures the best user experience by optimizing all native capabilities for each device operating system and browser. Given the market's rapid rate of device and platform upgrades, Kony future proofs applications against OS and browser updates, providing SLAs that guarantee timely support of the newest operating systems and devices. Leading global brands have built mobile applications with KonyOne, including Hotwire, Huntington National Bank, Hyatt, Toyota and Capital One.
In 2012 Kony was positioned as a "Visionary" in the Gartner Magic Quadrant for Mobile Application Development Platforms (MADP) report. Kony has been named a Gartner Cool Vendor, a 'Most Innovative Company of the Year' by the American Business Awards and was chosen as one of Fast Company's 100 innovative Apple-affiliated achievers.
For more information, please visit www.kony.com. Connect with Kony on Twitter, Facebook and LinkedIn.
Media Contacts:
US:
Eric Belove
Wipro Technologies
+1 732 216 6242
eric.belove@wipro.com
UK:
Rahul Kadavakolu
Wipro Technologies
+44 7920205496
rahul.kadavakolu@wipro.com
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.
