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| Home / India News / 2008 / May / May 19, 2008 Wipro becomes First SAP® Partner to Launch Innovative Solutions Lab |
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Bangalore, Karnataka, India
Wipro Technologies, the global IT services business of Wipro Limited (NYSE:WIT) today announced an agreement with SAP AG, through which it established a closer collaboration and an increased focus on customer adoption of SAP® solutions. Under this agreement, Wipro has invested in a state-of-the-art Solutions Lab, through which it is building "Industry Networks" to help companies leverage industry best practices and templates on SAP's business process platform.
The Solutions Lab will help customers evaluate SAP solutions, build proof of concepts, and leverage adoption infrastructure to "test drive" solutions before making their buying decisions. Members of this lab will work closely with members of the SAP Co-Innovation Lab and other SAP collaborative communities such as the Industry Value Network program.
"Wipro has traditionally taken a lead in embracing enterprise SOA and creating composites on SAP's platform to deliver value to customers," said Manfred Heil, senior vice president, Global Ecosystem and Partner Group, SAP AG. "In particular, the use of collaborative Web 2.0 technologies will help to accelerate the accessibility and adoption of SAP's business process platform."
Leveraging Wipro's thought leadership around SAP solutions and its investment in the Solutions Lab, Wipro has extended the accessibility, collaboration and adoption through use of Web 2.0 technologies, such as blogs, wikis and virtual worlds like Second Life.
Speaking on the occasion, Sangita Singh, senior vice president, Wipro Technologies said, "Wipro sees its investment in the Solutions Lab and efforts in building Industry Networks as an extension towards applied innovation. We are sure that such collaboration with SAP will go a long way in helping our customers derive maximum potential from their current and planned IT investments."
About Wipro
Wipro Technologies, a division of Wipro Limited (NYSE:WIT) is the first PCMM Level 5 and SEI CMM Level 5 certified global IT services organization. Wipro Technologies was recently assessed at Level 5 for CMMI V 1.2 across offshore and onsite development centers. Wipro is one of the largest product engineering and support service providers worldwide. Wipro provides comprehensive research and development services, IT solutions and services, including systems integration, information systems outsourcing, package implementation, software application development, and maintenance services to corporations 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.
Wipro also has a profitable presence in niche market segments of consumer products and lighting. In the Asia-Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro's ADS' 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 and www.wiprocorporate.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.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world.
Other product or company names mentioned herein are the trademarks of their respective owners.
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
Media Contacts:
Wipro Technologies
India
Radhika Mahadevan
Wipro Technologies
+91- 9945042603
radhika.mahadevan@wipro.com
Sonali Madbhavi,
Gutenberg Communications,
+91 9844042850,
sonali@gutenbergpr.com
US
Lavanya DJ
Gutenberg Communications
+ (212).239.8740
lavanya@gutenbergpr.com
UK
Rahul Kadavakolu
+44 792 020 5496
rahul.kadavakolu@wipro.com
Shalini Siromani
Gutenberg Communications
+44.79.6066.3200
shalini@gutenbergpr.com
Source: WIPRO (Business Wire India)
Press release presented here is sourced from the Source mentioned above and is provided on as-is basis. Please contact the Company / Source directly for any further information in regard to this release. This website will be unable to assist you in regard to the accuracy or correctness of information in this release.