[September 15, 2014] |
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Wipro Positioned in the "Winner's Circle" of HfS Blueprint Report on Cloud Infrastructure Services
BANGALORE, India & EAST BRUNSWICK, N.J. --(Business Wire)--
Wipro (News - Alert) Ltd. (NYSE:WIT), a leading global information technology,
consulting and business process services company today announced that it
has been positioned in the 'Winner's Circle,' as a leading worldwide
cloud infrastructure service provider, by the analyst firm HfS Research
in its report "Blueprint Report on Cloud Infrastructure Services."
The 'Winner's Circle' of the HfS Blueprint represents organizations that
demonstrate excellence in both execution and innovation in cloud
infrastructure services. The report acknowledges Wipro's strong vision,
concrete plans to invest in future cloud capabilities, a healthy
cross-section of vertical capabilities, and a demonstrated ability to
leverage external drivers to increase value for clients. HfS also
recognizes Wipro's relationships with clients, service execution beyond
simply hitting 'green lights', and high flexibility when meeting
clients' needs.
According to the report, Wipro is the only traditional offshore vendor
to successfully embrace the cloud - 'big time.' The report highlights
Wipro's global coverage of consultants and hosting capabilities as its
key differentiators. The HfS report also acknowledges Wipro's high level
of innovation through its own resources as well as through partners
across the cloud infrastructure services market.
Wipro has successfully delivered large, complex cloud programs for
leading global enterprises across industry verticals. The company has
invested significantly in developing cloud IPs and building alliances
with leading vendors across the world, and is supported by a robust and
comprehensive set of well-defined tools, frameworks and platforms.
Wipro's services across consulting, design, build, and managed lifecycle
help customers experience the speed and scale of cloud.
Atul Sood, Vice President, Advanced Technologies & Solutions, Wipro
Ltd said, "We are delighted to be positioned in the 'Winner's
Circle' by HfS in a very comprehensive and inclusive analysis. The
convergence of cloud, mobility, social and analytics is accelerating
innovation to create new disruptive business models. We, at Wipro,
unlock the value of cloud by building IPs and developing new-age
solutions in collaboration with partners and customers to take advantage
of this technology shift. Certainly, Wipro is well-positioned to
leverage the cloud to deliver business value and our customer
testimonials are a strong validation of this commitment."
Dr. Thomas Mendel Ph.D., Senior Vice President of IT services, HfS
Research said, "Wipro is one of he few traditional offshore vendors
whose services cover all three cloud models - public, private and
hybrid. The company's high scores in customer satisfaction and
price-versus-value makes it the #1 vendor from the original Indian
outsourcer camp that has made the transition to becoming a serious cloud
player. Wipro is an ideal partner to power the cloud journey and is
poised to deliver transformational value to enterprises."
The report titled "Blueprint Report on Cloud Infrastructure Services,"
can be downloaded here: http://www.wipro.com/Documents/insights/analyst-speak/HfS-Blueprint-report-cloud-infrastructure-services.pdf
About HfS Research HfS Research is the leading independent
global analyst authority and knowledge community for the business and IT
services industry. HfS serves the research and strategy needs of
business and IT operations leaders across finance, supply chain, human
resources, marketing, customer management, and core industry functions.
HfS provides detailed and thoughtful analyst coverage of the various
areas that impact successful business outcomes, namely, process
automation and outsourcing, global business services frameworks,
mobility, analytics, and social collaboration. HfS also focuses heavily
on talent acquisition, development, and motivation strategies. HfS
applies its acclaimed crowd-sourced Blueprint Methodology™ to evaluate
the performance of service providers in terms of innovating and then
executing against those business outcomes.
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
140,000, 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.
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