BWI: Symantec - Wipro Ink Partnership for Data Loss Prevention and Backup and Recovery Services

Press release from Business Wire India
Source: Symantec
Tuesday, December 08, 2009 03:35 PM IST (10:05 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology; Technology
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Symantec - Wipro Ink Partnership for Data Loss Prevention and Backup and Recovery Services
Relationship to Offer Customers the Advantage of Symantec's market-leading Solutions and Wipro's Consulting Expertise

Bangalore, Karnataka, India, Tuesday, December 08, 2009 -- (Business Wire India) -- Symantec Corp. (Nasdaq: SYMC) and Wipro Ltd (NYSE:WIT) today announced a new partnership under which Wipro Infotech will offer data loss prevention, and backup and recovery infrastructure consultancy services based on Symantec technology. This will offer customers increased visibility into information and a risk-based approach to data security.

"Information is the most valuable asset of any organization and ensuring that it does not fall into the wrong hands is critical to its reputation and business," said Ajay Verma, director, Channels and Alliances, Symantec India. "Wipro Infotech's professional services background, market reach, consulting expertise, complemented by Symantec's industry-leading solutions will offer customers a better insight in to data risk."

Symantec's content-aware data loss prevention solution spans data at the endpoint, in storage and the network. When offered through Wipro's technology practice, it will provide customers the confidence that their information is secure in today's connected world.

Wipro's cross-platform expertise along with Symantec VERITAS Backup Reporter's capability to proactively identify and quantify exposures before they impact backup operations, will help customers achieve greater efficiency, verify backup service-level compliance, and justify the business costs associated with protecting data.

Speaking on the occasion, Vikas Srivastava, vice president and business head, Infrastructure Technology Solutions Division, Wipro Infotech said, "The Backup and Recovery Infrastructure Consulting service and Data Loss Prevention Services are very unique service offerings that will contribute significantly to customers' business continuity and data protection initiatives, which in turn would lead to improved efficiency, security and cost reduction . Symantec was an ideal choice to partner with for these services because of their hardware-agnostic solutions and superior technology."

Service-centric Data Loss Prevention

Information is paramount to gain substantial competitive advantage in today's business scenario. Almost 90 percent of threats in 2008 were targeted at confidential information, according to a Symantec report. In fact, an IDC study commissioned by Symantec revealed that 79 percent of Indian enterprises highlighted data loss as their most serious information security concern. This has entailed a paradigm shift from infrastructure-centric to information-centric security.

Wipro Infotech's Service-Centric Data Loss Prevention will offer a prioritized, risk-based approach to achieve measurable reduction in data risks. It will also create a cross-functional framework to monitor, manage, and remediate data security incidents.

Backup and Restore Infrastructure Consultancy Services (BRICS)
Data protection strategy, including backup and recovery for physical and virtual environments not mapped to the business, can lead to financial loss and damage to reputation. Symantec study on disaster recovery cites lack of backup storage and automated recovery tools as top challenges to protect data in virtual environments. The survey also found, that a significant percentage of virtual environments are not regularly backed up - pointing to the need for more automation and cross-environment tools.

Wipro Infotech's consulting division will offer granular reporting of end-to-end backup infrastructure through Symantec's VERITAS Backup Reporter. Customers will get a detailed view of media usage and insights into data risks in physical and virtualized environments. Wipro's Global Service Management Center will bring in scale and increased efficiency of backup operations in virtual environments.

About Symantec

Symantec is a global leader in providing security, storage and systems management solutions to help consumers and organizations secure and manage their information-driven world. Our software and services protect against more risks at more points, more completely and efficiently, enabling confidence wherever information is used or stored. More information is available at www.symantec.com.

About Wipro Infotech

Wipro Infotech, a division of the US$5 billion Wipro Limited, provides enterprise customers with high value Information Technology Products, Software Services, Solutions and Consulting Services in India and the Middle East. Headquartered at Bangalore, Wipro Infotech serves customers in India through a network of 22 offices and 170 service locations across the country. It also has regional offices across the Middle East serving the region.

About Wipro Ltd

Wipro Limited provides comprehensive IT solutions and services, including systems integration, information systems outsourcing, IT enabled services, package implementation, software application development and maintenance, and research and development services to corporations globally. Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services Company 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. In the Asia Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro also has profitable presence in niche market segments of consumer products and lighting. Wipro's ADSs 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, www.wiprocorporate.com, and www.wipro.in.

Wipro's forward looking and cautionary statements

Certain statements in this release concerning our future growth prospects and our ability to successfully complete and integrate potential acquisitions 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 our ability to integrate and manage acquired IT professionals, our ability to integrate acquired assets in a cost effective and timely manner, fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect 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, liability for damages on our service contracts, the success of the companies in which Wipro has made strategic investments, withdrawal of fiscal governmental incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our 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. Wipro 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. Wipro does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the company.


CONTACT DETAILS
Vaishnavi Murali, 20:20 MEDIA, +91 9900141345, vaishnavi@2020india.com
Mira Davda, Symantec, +91 9850780888, mira_davda@symantec.com
Purnima Burman, K2 Communications Pvt. Ltd., +91 9900512025, purnima.burman@wipro.com
Sandhya Sharma Rao, Wipro, +91 9741100879, sandhya.sharma@wipro.com

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, IT, TECHNOLOGY

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