Companies Sign co invention agreement;collaborate on sustainability performance management and energy management solution empowering customer to measure understand and reduce carbon foorprint
Orlando, Florida, USA - May 14, 2010:
Wipro Technologies, the global IT services business of Wipro, today announced that it has entered into a co-innovation agreement with SAP AG to develop and deliver sustainability performance management and energy management solutions to enterprise customers globally. The goal is to empower customers to drive a greener footprint while enhancing their bottom line.
Wipro and SAP will work together to implement SAP® solutions for sustainability – including the SAP Carbon Impact on-demand solution and the SAP BusinessObjects™ Sustainability Performance Management and SAP Environment, Health, and Safety Management (SAP EHS Management) applications – with “green” IT services from Wipro.
The resulting solutions will reduce compliance costs and business risk in the face of proliferating local, regional and global regulation in the areas of people, health and safety; product safety and stewardship; and environmental compliance. The solutions will employ best practices in sustainability performance management, including risk management and strategy management, and engage stakeholders with visible and accessible analytics to protect and enhance brand value, market share, and market capitalization.
Wipro, an SAP services partner and a pioneer in the field of sustainability consulting services, helps clients to create ecologically sustainable enterprises. Wipro offers “green” IT services related to strategy and assessment, planning and implementation. This includes formulating an overall approach to green IT, including ROI modeling and quick-win roadmaps, as well as implementing specific solutions for virtualization, consolidation, data center design and architecture, and non-IT solutions such as power and cooling management.
“Wipro has significant expertise in the domain of sustainability, especially in the areas of energy management and sustainability reporting,” said Tobias Dosch, senior vice president, Development, On-demand Sustainability Solutions, SAP. “By collaborating with them to develop and deliver sustainability performance management and energy management solutions, we can help provide even greater value to customers. These planned solutions will help our customers meet their sustainability goals while achieving business benefits.”
“Companies need and want a consistent and integrated business process to address sustainability initiatives,” said Sangita Singh, Senior Vice President, Enterprise Application Services, Wipro Technologies. “The agreement underscores Wipro’s commitment to offer its clients sustainability solutions, helping them create ecologically sustainable enterprises. We are working closely with SAP to co-innovate on the development and deployment of sustainability solutions.”
Wipro at SAPPHIRE NOW
SAPPHIRE NOW conference attendees are invited to attend a presentation to be given by N. S. Bala, Senior Vice President- Manufacturing and Pharma solutions SBU, Wipro Technologies, titled “The Sustainable Enterprise” on Tues., May 18, at 12 noon in Theater 5, Innovation. Mr. Bala will explain how enterprises are adopting a new way of accelerating business success through process and technology optimization. Using examples from Wipro and the Fortune 500, attendees will hear how companies are creating sustainable enterprises.
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.
SAP Forward-looking Statement
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
+ 1 (732).216.6242
+44 792 020 5496
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.