Wipro Ltd. (NYSE:WIT), a leading global information technology, consulting and business process services company today announced that it has been named a "Leader" by technology global research and advisory firm Forrester Research Inc. in its report, "The Forrester Wave™: Business Intelligence Service Providers,Q4 2014".
Forrester Research Inc. evaluated 12 leading Business Intelligence (BI) Services providers across 30 criteria relating to current offerings, strategy and market presence based on past research, user needs assessments, and vendor and expert interviews. The report said that Wipro was amongst vendors that present formidable management consulting capabilities, capable of tackling not just tactical, but most of the strategic and advisory initiatives.
The report cites how customer references highlighted Wipro’s “set of strengths in its flexibility, commitment, and willingness to adapt to changing demands.” Forrester also acknowledged Wipro’s “boosting its management consulting and various industry vertical capabilities.” Wipro received top scores for its experience across geographies and industries (specifically financial services, manufacturing and hi-tech, retail, consumer goods and transportation, energy and utilities, and media and telecom), and strategic investments in BI. According to Forrester, clients gave Wipro high scores for overall client satisfaction and delivery capabilities.
Part of the recently established ‘Advanced Technologies & Solutions’ business, Wipro’s BI, Data & analytics services help customers make informed decisions, strengthen risk management, identify new business opportunities, and create sustainable competitive advantage by enabling them with actionable insights using data science algorithms, BI and advanced visualization technologies. Wipro has also made significant investments in emerging technology areas like visualization, in-memory computing, Big Data, Mobile BI.
In recent years, Wipro has significantly enhanced its portfolio strength in Analytics, Business Intelligence, and Information Management, with strategic acquisitions like Promax, Opus CMC and key investments in Opera Solutions and Axeda.
Elaborating on Wipro's vision and focus for BI Services, Jeff Heenan-Jalil, Senior Vice President and Global Head of Advanced Technologies & Solutions (ATS), Wipro Limited said, "Our business is aligned to deliver business value to our customers and help them achieve leadership in the digital economy, leveraging the convergence of analytics, cloud, mobile, and social technologies. I believe that the recognition from Forrester reflects the impact of our investments, our capabilities in BI and Analytics and success in partnering with our customers worldwide to drive growth, enhance business processes and deliver exceptional customer experience.”
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" - 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 has a workforce of over 150,000, serving clients in 175+ cities across 6 continents. 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.
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