Bangalore, India - August 12, 2010:
Wipro Technologies, the global IT services business of Wipro Limited (NYSE:WIT) today announced that it has entered into a five year agreement with ArcelorMittal, the world's leading steel company, to consolidate and migrate its messaging systems to the Microsoft Exchange 2010 messaging platform.
Wipro will host the new global messaging system on its hardware, hosted at six ArcelorMittal datacenters, spanning across North America, Latin America, East and West Europe and Asia. As a critical component of this engagement, Wipro will secure ArcelorMittal’s global messaging system using state-of-the-art Anti-Virus, Anti-Spam and Archival solutions. Wipro will also manage ArcelorMittal’s global messaging systems for the entire period of the contract. This engagement will help transform ArcelorMittal’s messaging environment and curtail their global messaging spending.
Wipro will use its Next Generation Global Command Center (GCC) for rendering the global messaging management services.
“We believe that Wipro is the right choice for transforming our messaging systems into a state-of-the-art service. This is vital for us as today’s communication and collaboration is highly dependent on this service,” Said Mr. Patrick Vandenberghe, Group CIO, ArcelorMittal.
“We are excited to further enhance the existing partnership that we have with ArcelorMittal. We will implement Wipro’s best practices in Project Management and Infrastructure management space to help ArcelorMittal transition smoothly to a highly available, resilient and transformational Global Messaging System,” said Deepak Jain, Senior Vice President and Global Head – Technology Infrastructure Services, Wipro Technologies. “Wipro’s technology and project management expertise coupled with global remote infrastructure management delivery model will help ArcelorMittal achieve their strategic objectives,” he added.
N.S.Bala, Senior Vice President and Global Head, Manufacturing Business Unit, Wipro Technologies said, “Our global engagement has been strengthened further with this deal and we are happy to be a strategic partner to ArcelorMittal. I am confident that our extensive transformational capabilities and experience in the steel industry will enable us to continue to deliver significant benefits to ArcelorMittal”.
The deal win reiterates Wipro’s leadership position in the infrastructure management services sector. The Technology Infrastructure Services (TIS) division contributes about 21% of revenues to Wipro Technologies. Few of the major offerings and solutions of this unit include Managed Services, Transformation Consulting and Global System Integration, Unified Communications, Virtualization and Consolidation.
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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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.