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Wipro Joins Georgia Tech Internet of Things Research Center, CDAITThe recently established Center for the Development and Application of Internet-of-Things Technologies (CDAIT) said Wipro (News - Alert) Limited (NYSE:WIT), a leading global information technology, consulting and business process services company, has joined the global, non-profit, partner-funded center as a founding sponsor. "Internet of Things" (IoT) refers to the ability for all types of devices to communicate with each other through networks like the Internet, radio frequencies and other forms of transmission. Devices could include the equipment in cars, homes, trucks, cargo, healthcare, and other everyday objects. This new area of technological innovation is receiving increasing attention around the world because of its potential impact on all sectors of the economy and society. "It exemplifies what we'd like to accomplish in this space when a company with an internationally lauded history of innovation partners with Georgia Tech," said Andrew Gerber, Georgia Tech Senior Vice President and Director of the Georgia Tech Research Institute (GTRI). "We are proud to be recognized as a trusted collaborator in the Internet-of-Things arena as this center continues to grow. We are eager to harness the unique expertise of our professors, researchers and students to partner with industry to bring forth radical new capabilities throughout the Internet-of-Things value chain." As a founding sponsor, Wipro joins AirWatch, AT&T and Samsung (News - Alert) to help shape the center's IoT research and direction. Other leading global companies involved in IoT have indicated their interest in participating in CDAIT. "Today enterprises and academic institutions collaborate in a manner previously impossible to harness collective knowledge and innovate. We are happy to join forces with Georgia Tech and explore the possibilities of how the IoT explosion can transform the world in which we live," said Dr. Alan Atkins, Vice President, Global Head of IoT, Wipro Limited. "We applaud Wipro's commitment to Georgia Tech's Center for the Development and Application of Internet-of-Things Technologies (CDAIT)," said Hala Moddelmog, President and CEO, Metro Atlanta Chamber. "A global company like Wipro, with a major presence in Atlanta, joining CDAIT is critical to strengthening our region's innovation economy and advancing collaborative research on the Internet-of-Things." In addition to a seat on the CDAIT Executive Advisory Board (EAB), charter members will be able to participate in research projects, receive pre-published research reports, be invited to special events, and benefit froma range of other interactive activities with CDAIT. Intellectual property agreements have been put in place to allow Wipro access to the latest in cutting-edge IoT research at Georgia Tech. "Wipro's involvement in CDAIT contributes to accentuate the international dimension of the center," said Alain Louchez, CDAIT Managing Director. "The Internet-of-Things is a worldwide phenomenon, which needs to be addressed and researched accordingly. Wipro's expertise and activities spanning the entire range of IoT domains throughout many markets and countries is an extremely well-suited fit for CDAIT." About CDAIT Housed at the Georgia Institute of Technology (News - Alert) in the Georgia Tech Research Institute, the Center for the Development and Application of Internet-of-Things Technologies (CDAIT pronounced sedate) is a global, non-profit, partner-funded center located in Atlanta, Georgia, United States, that fosters interdisciplinary research and education while driving general awareness about the Internet-of-Things. It aims at efficiently identifying, understanding and solving for its sponsors challenges and problems that may arise along the whole IoT value chain. CDAIT bridges sponsors with Georgia Tech faculty and researchers as well as industry members with similar interests. Learn more about CDAIT at www.cdait.gatech.edu. About Wipro Ltd. (News - Alert) Wipro Ltd. (NYSE:WIT) is a leading Information Technology, Consulting and Business Process Services company that delivers solutions to enable its clients to 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 a workforce of over 150,000, serving clients in 175+ cities across 6 continents. For more information, please visit www.wipro.com. 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. View source version on businesswire.com: http://www.businesswire.com/news/home/20151006005814/en/ |
