Wipro Named a Leader by Independent Research Firm in Global IT Infrastructure
Outsourcing Report, Q1 2009
BANGALORE, Apr. 8 /PRNewswire-AsiaNet/ --
- Placement "Based on a Sound Current Offering, Good Market Presence, and an
Excellent Strategy"
Wipro Technologies, the global IT services business of Wipro
Limited (NYSE:WIT) today announced that it was named a leader in global IT
Infrastructure Outsourcing in the recently published market assessment report
"The Forrester Wave(TM): Global IT Infrastructure Outsourcing, Q1 2009"
(March 2009).
Forrester included 15 providers in the report - only the
strongest global firms with a track record of success in the infrastructure
space were included in this report. According to the report, "India-based
giant Wipro has amongst the best overall scores based on a sound current
offering, good market presence, and an excellent strategy for the
infrastructure space."
Wipro scored the highest in the strategy parameter. According
to the Forrester research report, "Wipro's aspirations have rightly gone
beyond competing against India-based competitors...With broad and growing
global capability - including a solid partnership strategy - there is strong
evidence of a nonlinear relationship between client geographical distribution
and infrastructure staff. Wipro has also some compelling ideas on how to
deliver value via innovation and continuous improvement."
Commenting on Wipro's standing in the report, GK Prasanna,
Senior Vice President, Technology Infrastructure Services, Wipro Technologies
said, "We are delighted to be named a leader in this report. This is a
reflection of Wipro's position as a leader in Infrastructure services and we
have now achieved the scale and capability to be in the consideration set for
Fortune 2000 customers across the globe. We continue to invest in building a
truly global delivery capability and in emerging technologies such as Cloud
Computing."
Infrastructure Management Services is a differentiated service
line for Wipro with over 26 years of experience. A leader in pioneering and
promoting the global remote infrastructure services, Wipro offers,
Infrastructure Consulting, System Integration, Data Center Management, IT
Helpdesk Services, IT Infrastructure Security Services, Business Services
Management, Remote Management and Telecom Infrastructure services to global
customers.
About Wipro
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 development, and maintenance 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
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.
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.
Media Contacts:
Wipro Technologies
India:
Radhika Mahadevan
Wipro Technologies
+91-9945042603
radhika.mahadevan@wipro.com
Purvika Anand
Gutenberg Communications
+91-9901134441
purvika@gutenbergpr.com
US:
Lavanya DJ
Gutenberg Communications
+1-212-239-8740
lavanya@gutenbergpr.com
Eric Belove
Wipro Technologies
+1-732-216-6242
eric.belove@wipro.com
UK:
Rahul Kadavakolu
Wipro Technologies
+44-792-020-5496
rahul.kadavakolu@wipro.com
Shalini Siromani
Gutenberg Communications
+44-79-6066-3200
shalini@gutenbergpr.com
Source: Wipro Technologies
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