East Brunswick, New Jersey and Bangalore, India - April 25, 2013:
Wipro Ltd. (NYSE:WIT), a leading global Information Technology, Consulting and Outsourcing company today announced the launch of Wipro Virtual Desktop Infrastructure (VDI), a next generation hosted end user computing solution that will enable IT organizations to deliver a significantly enhanced and productive end user experience to any device, while reducing costs and improving security. The solution is built on Cisco and NetApp FlexPod infrastructure based on Cisco Unified Computing System (UCS) technology. This is the first Wipro hosted service launched from a portfolio of planned hosted XaaS solutions.
Wipro's global computing utility for enterprise clients, iStructure, provides the platform for Wipro VDI as well as the company's portfolio of XaaS services. Wipro VDI is a complete, fully integrated solution, based on the desktop virtualization software from Citrix and VMware that offers better ease of management, continuity, security, compliance and control than traditional physical desktop infrastructures. This solution can be extended to deliver a complete virtual workspace that includes voice, video, rich media applications, end point transformation, and integration of unified communication and collaboration applications.
Pinaki Kar, President and CEO, Wipro Data Center Services said, "Today's ever-increasing business need to reduce IT asset costs, while increasing security and agility is driving the demand for XaaS offerings. Enterprises are looking for tailored, cloud based solutions such as Wipro hosted VDI. We're thrilled to be working with Cisco to address these market needs with a truly unique portfolio of solutions."
Commenting on the launch, Malay Verma, Vice President & Global Head for Cisco Business Unit, Wipro, said, "Wipro's Cisco Business Unit delivers next-generation end-to-end productized industry solutions built on Cisco and partner technologies. Wipro's hosted VDI solution integrates desktop virtualization with social collaboration thereby enhancing end user productivity, IT efficiency and business value for enterprises."
"The modern workspace is changing rapidly, bringing opportunities for end users, IT, and organizations that embrace and manage these changes. By adopting Wipro's as-a-service cloud-based VDI solution, built on the innovative Cisco UCS architecture, IT can increase business efficiency, productivity and agility by helping deliver an exceptionally flexible and highly secure workspace," said John Thompson, Vice President, Cisco Global Enterprise Partner Organization.
Thomas Stanley, Vice President Global Alliances and Global System Integrators, NetApp, said, "Desktop virtualization has become a solution of choice for many IT organizations. Wipro's hosted VDI solution, delivered on Cisco and NetApp FlexPod infrastructure, is the ideal platform for both scale up and scale out requirements of customers choosing to virtualize their desktop environments. The combination of NetApp software and storage with Wipro services further enhances the overall economic value of our joint solutions."
Wipro is clearly tapping into a robust market niche. According to Gartner, "In 2012, the IaaS market was $6.1 billion, and it is forecast to grow to $24.2 billion in 2016. Cloud Compute Services continue to be a very high growth sub segment within the IaaS market with a CAGR of 42.6%." *
*Gartner's Forecast Overview: Public Cloud Services, Worldwide, 2011-2016, 4Q Update, published February 8, 2013.
About Wipro Ltd.
Wipro Ltd. (NYSE:WIT) is a leading Information Technology, Consulting and Outsourcing company that delivers solutions to enable its clients do business better. Wipro 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 has over 140,000 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.