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June 11th, 2009
BANGALORE, India - Wipro Technologies, the global IT services business of Wipro Limited (NYSE:WIT) today announced that it was named a leader in SOA System Integrator space in the recently published market assessment report “The Forrester Wave(TM): North American System Integrators, Q2 2009 (May 2009) and “The Forrester Wave(TM): EMEA System Integrators, Q2 2009 (May 2009).
To assess the state of the EMEA SOA systems integrators market and see how the providers stack up against each other, Forrester evaluated the strengths and weaknesses of top EMEA SOA systems integrators. The report quoted “Wipro (and one other vendor) have made significant investments in SOA capabilities and processes and have very satisfied clients in EMEA, which has shot them to the top of the pack (with one other vendor).”
The EMEA report stated “Wipro’s SOA consulting and integration capabilities are very strong — the firm made some deep investments in tools and accelerators for taking much of the pain out of SOA integration projects.”
The NA report highlighted Wipro’s growing SOA capabilities as its continued investments in SOA enhance benefits to clients, stating “Wipro’s primary business comes from the systems integration work, not the business-led consulting — but that said, some longer-term clients are finding that Wipro is emerging as a serious contender for such work. When Wipro’s recent investments in SOA begin to bear fruit in client projects, it will further its position as a leading provider of SOA systems integration services. If you are looking for a reliable SOA implementation provider, then Wipro may be a good fit for you”
Elaborating on Wipro’s vision and focus for SOA Services, Srini Pallia, Vice president, Business Technology Services, Wipro Technologies, said “This recognition from Forrester reflects our continuing success in complex SOA engagements providing high business impact to customers. We believe SOA to be a key driver to enhance business impact from IT. We have continuously incorporated SOA as a vital element of our strategic direction, processes, delivery and execution capabilities, skills development and co-innovation with partner ecosystem to build sustainable value proposition to our customers.”
Wipro provides comprehensive services to match business process transformation initiatives of clients across all phases SOA adoption maturity. It offers end-to-end services with flexible engagement models, global delivery, flex delivery and shared services models.
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 more information, please visit our websites at www.wipro.com and www.wiprocorporate.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.
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
Media Contacts: Wipro Technologies, India, Radhika Mahadevan, Wipro Technologies, +91-9945042603, radhika.mahadevan at wipro.com; Purvika Anand, Gutenberg Communications, +91-9901134441, purvika at gutenbergpr.com; US: Lavanya DJ, Gutenberg Communications, +1-212-239-8740, lavanya at gutenbergpr.com; Eric Belove, Wipro Technologies, +1-732-216-6242, eric.belove at wipro.com; UK: Rahul Kadavakolu, Wipro Technologies, +44-792-020-5496, rahul.kadavakolu at wipro.com; Shalini Siromani, Gutenberg Communications, +44-79-6066-3200, shalini at gutenbergpr.com
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