Bangalore, India - December 12, 2011:
Wipro Technologies, the Global Information Technology, Consulting and Outsourcing business of Wipro Limited (NYSE:WIT) announced today that it has been ranked as a global leader in testing services by Ovum, an independent technology analyst firm, in a recent report titled 'Service Guide: Outsourced Testing – Benchmarking Software and Systems Testing Service Vendors'.
The report released in November 2011, benchmarked 13 software and systems testing services providers against 20 key criteria and rated Wipro on top for its cost and value, a key differentiator for companies looking to outsource testing services.
Srinivas Pallia, Senior Vice President and Global Head, Business Application Services, Wipro Technologies said, "We have invested significantly in our independent testing services offering and have been able to build a strong team with deep industry expertise and understanding of the challenges that our clients face. We believe that this combination allows us to deliver significant value both at the strategic and implementation levels for our customers. Testing services is a growth area for us and we will continue to invest in solutions, IPs and advanced skills to extend our competitive advantage."
In the report, Dr. Alexander Simkin, Lead Analyst at Ovum noted, "Wipro has a testing service that is highly regarded by customers, partners and, grudgingly by competitors," and further added that "Wipro has geared its test processes, delivery models, and innovation towards cost reduction and value generation. While all vendors of testing services are automating their testing to lower cost, speed time to market and improve quality, Wipro is at the cutting edge of test efficiency. To drive out waste and therefore reduce cost and speed time to market, Wipro applies lean methodologies. It also makes use of statistical tools to increase productivity."
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.