Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has been ranked in the leadership zone in Telecom R&D services for the fourth consecutive year in an annual survey conducted by Zinnov Management Consulting Pvt. Ltd., a leading Globalization and Market Expansion Advisory firm.
The Global Service Providers’ Rating was carried out across 13 verticals. The final rating was based on a comprehensive capability analysis based on parameters such as depth of offerings, IPs, solutions, talent pool and client base. The study is undertaken by Zinnov to help customers understand the service provider landscape and make informed sourcing decisions. It also enables service providers to showcase their capabilities and benchmark their services against that of their peers. This recognition reiterates Wipro's leadership position in telecom, which is backed by strong R&D capabilities and infrastructure.
Sidhant Rastogi, Partner & Practice Head, Zinnov, said, “Wipro’s has continuously been rated among the leaders in Zinnov’s GSPR ratings for Telecom vertical. Wipro’s scale of practice and breadth of capabilities catering both Communication Equipment and Service providers is among the best in the industry. Their rich portfolio of high value IPs/solutions and a substantial non-linear stream of revenues differentiate Wipro in the industry. Investments in newer technologies around Small cells, NFV, M2M communication etc. through dedicated Centres of Excellence makes them well equipped to continue leading the Telecom product engineering services industry in the long run.”
Acknowledging the recognition, Vinay Rawat, Vice-President and Global Head of Network Equipment Providers, Wipro Limited, said, “Our focus on next generation technologies and global delivery excellence are showing remarkable results as we continuously acquire deeper capabilities across a range of technologies in the telecom domain. We are now gearing up to work with our customers in the Automation, AI and Digital space to inspire innovation and fuel the next wave of growth in the industry. Wipro’s position as a leader in the Zinnov survey reflects our ability to adapt to the evolving demand environment and our commitment towards empowering our customers to stay ahead of competition.”
Over the last two decades, Wipro has established itself as the global leader in product engineering, R&D, IT and BPO services in the network equipment provider market. Wipro’s services portfolio includes system engineering, software and hardware design, development, verification and validation services, product re-engineering and product support services.
About Wipro Ltd.
Wipro Ltd. (NYSE:WIT) is a leading
information technology, consulting and business process services company
that delivers solutions to enable its clients do business better. Wipro
delivers winning business outcomes through its deep industry experience
and a 360 degree view of "Business through Technology.” By combining
digital strategy, customer centric design, advanced analytics and
product engineering approach, Wipro helps its clients create successful
and adaptive businesses. A company recognized globally for its
comprehensive portfolio of services, strong commitment to sustainability
and good corporate citizenship, Wipro has a dedicated workforce of over
160,000, serving clients in 175+ cities across 6 continents. For more
information, please visit www.wipro.com.
About Zinnov
We at Zinnov (www.zinnov.com)
assist our clients improve organization efficiency, innovation and
revenue by leveraging global resources and markets. We offer deep
expertise in Engineering, Digital and Globalization. Zinnov has been at
the forefront of innovation and thought leadership. Our over a decade
experience in globalization helps us in understanding customer problems
and coming up with viable solutions.
Zinnov serves clients in Software, Automotive, Telecom & Networking, Semiconductor, Consumer Electronics, Storage, Healthcare, Banking, Financial Services & Retail Verticals in US, Europe, Japan &India. Zinnov was founded in 2002 and is head quartered out of Bangalore. The company has locations in Houston, Silicon Valley, Bangalore & Gurgaon.
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/20151224005167/en/
Contacts:
Purnima Burman, 080-46728073
purnima.burman@wipro.com