Business Insurance

Login  |  Register Subscribe



Wipro Named as a ‘Leader’ in Data Management Services by Independent Research Firm

The company is recognized for its “high competency in data cloud and migration and data quality”

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced it has been named as a ‘Leader’ in The Forrester Wave™: Data Management Service Providers, Q4 2021.

The report states, “community and data engineering capabilities are a key strength of Wipro, translating into high competency in data cloud and migration and data quality.” The report also notes that “[Wipro’s] acquisition of Topcoder, along with other strategic acquisitions and partnerships with the academic community, ensures that the right resources and skills are available for data innovation, cloud migration, data quality and master data management, and data integration.”

The report evaluated companies across 22 criteria, including data engineering and delivery models, at a time when business-critical data initiatives demand not only acumen and agility, but also the ability to overcome talent shortages by providing highly qualified data experts. In addition to being named a leader, Wipro received differentiated ratings in the data engineering, execution roadmap, community, data cloud and migration, data quality, and delivery model criteria.

“Client feedback specifically called out Wipro’s depth of knowledge, having the right people for the job, building strong relationships with leadership, and flexibility to adapt to new circumstances,” says the Forrester report, authored by Michele Goetz, Vice President, Principal Analyst, Forrester. The report also notes, “Wipro’s delivery model allows for revenue share, outcome-based billing, and joint ventures to meet new data monetization models.”

“Data management is the bedrock of any organization that is looking to transform itself into an intelligent enterprise and enabling an intelligent ecosystem around it,” says Jayant Prabhu, Vice President & Global Head, Data & Analytics, Wipro Limited. “We are honoured to be recognized as a Leader in this report and will continue to bring our differentiated data-management solutions, deep expertise and easy access to talent to enable our clients to innovate and drive business outcomes.”

The full Forrester Wave™: Data Management Service Providers, Q4 2021 report is available here.

About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 220,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.

Forward-Looking Statements

The forward-looking statements contained herein represent Wipro’s beliefs regarding future events, many of which are by their nature, inherently uncertain and outside Wipro’s control. Such statements include, but are not limited to, statements regarding Wipro’s growth prospects, its future financial operating results, and its plans, expectations and intentions. Wipro cautions readers that the forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from the results anticipated by such statements. Such risks and uncertainties include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, complete proposed corporate actions, 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. The conditions caused by the COVID-19 pandemic could decrease technology spending, adversely affect demand for our products, affect the rate of customer spending and could adversely affect our customers’ ability or willingness to purchase our offerings, delay prospective customers’ purchasing decisions, adversely impact our ability to provide on-site consulting services and our inability to deliver our customers or delay the provisioning of our offerings, all of which could adversely affect our future sales, operating results and overall financial performance. Our operations may also be negatively affected by a range of external factors related to the COVID-19 pandemic that are not within our control. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission, including, but not limited to, Annual Reports on Form 20-F. 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.

Contacts

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.

Business Insurance Webinars & Webcasts

August 12: "Get Retrofit: Insurance Savings from Property Upgrades"

August 7: "Friends & Foes: Best Practices for Social Media Risk Management"

August 17: "Supply Chain Crisis?Navigating Business Interruption Coverage and Claims After the Japanese Earthquakes"

September 8: "Dormant Dangers: Protecting Key Corporate Assets from Cyber Attacks"

View all webcasts & webinars


Business Insurance Upcoming Issues

Aug. 22/29: Industry Financials: First-Half Results
Health Care Reform: Impact on Firms

September 5: Special Report: Alternative Risks

September 12: Workers Comp & Safety Management

View editorial calendar
Subscribe to Business Insurance