Wipro Limited

09/09/2021 | Press release | Distributed by Public on 09/09/2021 05:19

Wipro Recognized as a Leader in ISG Provider LensTM SAP HANA® Ecosystem Services Report for US and UK

Reports validate Wipro's leadership across multiple quadrants

New York, USA and Bangalore, India - Sep. 09, 2021: Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it was recognized in the ISG Provider Lens™ SAP HANA® Ecosystem Report as a 'Leader' across multiple quadrants analyzed in US and UK. This report marks the second consecutive year for Wipro to be positioned as a 'Leader' in the UK for all quadrants analyzed.

The comprehensive report from ISG, a leading global technology research and advisory firm, evaluates the capabilities of top SAP service providers to support clients in five quadrants: SAP S/4HANA® System Transformation - Large Accounts, SAP S/4HANA System Transformation - Mid Market, Managed Application Services for SAP® ERP, Managed Cloud Services for SAP HANA as well as SAP Business Technology Platform and Intelligent Technologies.

The report recognizes Wipro's ability to help customers harness the capabilities of SAP S/4HANA to digitally transform their businesses. Wipro has successfully leveraged the latest intelligent technologies and capabilities of SAP to help clients gain a competitive edge in their markets, ensure a sharp return on investment, and accelerate their growth trajectory.

Harish Dwarkanhalli, President, Applications & Data, Wipro Limited said, 'We have a comprehensive service offering around SAP S/4HANA that enables our customers to unlock the value of digitalization and achieve their objectives of simplification, experience, resilience and sustainability. The leadership recognition is a testimony of our capability to deliver business outcomes for our clients across geographies.'

Kartik Subramaniam, Senior Lead US Analyst, ISG said, 'Wipro has a strong SAP presence, using its preconfigured industry solutions, agile delivery models, tools and accelerators to ensure rapid implementations on next-generation SAP technologies. Furthermore, its strategic partnerships with cloud hyper scalers and technology enablers have helped to boost innovation and prepare it for future market developments such as AI, ML and Blockchain. Wipro's expansive capability set, coupled with its SAP experience, make it a leader across quadrants in the US.'

Akhila Harinarayan, Lead UK Analyst, ISG said, 'Wipro has a strong set of tools and accelerators, preconfigured industry solutions, strong cloud expertise and robust partner ecosystem. This helps enterprises succeed in their end-to-end SAP S/4HANA transformation journey.'

A complimentary copy of the full report for US and UK can be found 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 200,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.

Media Contact:

Nisha Chandrasekaran
Wipro Limited
[email protected]

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.

Any statements in this release that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. All forward-looking statements are subject to various risks and uncertainties described in SAP's filings with the U.S. Securities and Exchange Commission ('SEC), including its most recent annual report on Form 20-F, that could cause actual results to differ materially from expectations. SAP cautions readers not to place undue reliance on these forward-looking statements which SAP has no obligation to update and which speak only as of their dates.

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