BWI: Independent Research Firm Ranks Wipro Technologies as a ‘Leader’ among Oracle Service Providers

Press release from Business Wire India
Source: WIPRO
Monday, June 20, 2011 05:54 PM IST (12:24 PM GMT)
Editors: General: Consumer interest; Business: Business services, Information technology; Technology
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Independent Research Firm Ranks Wipro Technologies as a 'Leader' among Oracle Service Providers


Bangalore, Karnataka, India, Monday, June 20, 2011 -- (Business Wire India) -- Wipro Technologies, the Global Information Technology, Consulting and Outsourcing business of Wipro Limited (NYSE: WIT) announced that the company has been has been ranked a 'Leader' among Oracle Services Providers by Forrester Research Inc.

Forrester, a leading industry analyst firm, evaluated a total of 14 leading global services providers in the Oracle applications market, placing Wipro Technologies among the leaders. The ranking was published in a May 2011 independent report titled, "The Forrester WaveT: Oracle Services Providers, Q2 2011".

Forrester has based its findings based on interviews and briefings with the companies it evaluated, among other things, and has measured the companies against 68 levels of capability across three categories - current offering, strategy, and market presence.

According to the report, "Wipro's Oracle resources are dedicated to serving industries such as manufacturing, retail, and telecommunications across a range of Oracle product lines. The provider has one of the larger bases of offshore resources. Its 2008 acquisition of Infocrossing makes it a provider of hosting services as well." It further mentions how providers use innovative ways to drive down costs, improve efficiency, and drive process improvements such as Wipro's Flex Delivery for Oracle support.

'Flex Delivery' is a non linear delivery model that Wipro uses to provide managed services to customers who require post implementation support for their enterprise applications. It addresses the key pain areas of application management outsourcing.

"We are committed to help our clients take a value-driven approach to enterprise applications by combining innovative solutions with sound strategies," said Srini Pallia, Senior Vice President, Business Applications Services, Wipro Technologies. "Our placement in the Forrester report reflects our ability to deliver valuable strategic insight coupled with strong implementation capabilities and industry solutions for our global clients using Oracle applications."

Wipro is a Platinum level member of Oracle Partner Network.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates.

About Wipro Technologies

Wipro Technologies, the global IT business of Wipro Limited (NYSE:WIT) is a leading Information Technology, Consulting and Outsourcing company, that delivers solutions to enable its clients do business better. Wipro Technologies delivers winning business outcomes through its deep industry experience and a 360 degree view of "Business through Technology" - helping clients create successful and adaptive businesses. A company recognized globally for its comprehensive portfolio of services, a practitioner's approach to delivering innovation and an organization wide commitment to sustainability, Wipro Technologies has 120,000 employees and clients across 54 countries. For more information, please visit www.wipro.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:

Dirk Lewis
Wipro Technologies
+91- 7760983976
dirk.lewis@wipro.com

US:

Kathleen Ulrich
Wipro Technologies
+1 (732) 509-1337
kathleen.ulrich@wipro.com

UK:

Rahul Kadavakolu
Wipro Technologies
+44 7920205496
rahul.kadavakolu@wipro.com





KEYWORDS
CONSUMER, BUSINESS SERVICES, IT, TECHNOLOGY

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