BANGALORE, India, April 8 /PRNewswire/ --
- 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.
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 http://www.wipro.com and http://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 http://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 firstname.lastname@example.org Purvika Anand Gutenberg Communications +91-9901134441 email@example.com US: Lavanya DJ Gutenberg Communications +1-212-239-8740 firstname.lastname@example.org Eric Belove Wipro Technologies +1-732-216-6242 email@example.com UK: Rahul Kadavakolu Wipro Technologies +44-792-020-5496 firstname.lastname@example.org Shalini Siromani Gutenberg Communications +44-79-6066-3200 email@example.com
Media Contacts: Wipro Technologies - India: Radhika Mahadevan, Wipro Technologies, +91-9945042603, firstname.lastname@example.org; Purvika Anand, Gutenberg Communications, +91-9901134441, email@example.com; US: Lavanya DJ, Gutenberg Communications, +1-212-239-8740, firstname.lastname@example.org; Eric Belove, Wipro Technologies, +1-732-216-6242, email@example.com; UK: Rahul Kadavakolu, Wipro Technologies, +44-792-020-5496, firstname.lastname@example.org; Shalini Siromani, Gutenberg Communications, +44-79-6066-3200, email@example.com