Wipro and Ramot at Tel Aviv University Partner for Joint Research in Emerging Technologies
July 05 2017 - 07:00AM
Business Wire
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading
global information technology, consulting and business process
services company and Ramot, the Business Engagement Center at Tel
Aviv University (TAU), today announced a partnership for joint
research in emerging technologies. TAU is Israel’s largest
institution of higher learning which is home to over 30,000
students studying in nine faculties, over 125 schools and
departments across the spectrum of sciences, engineering,
humanities and the arts.
This Smart News Release features multimedia.
View the full release here:
http://www.businesswire.com/news/home/20170705005350/en/
The partnership envisages the creation of joint research
capability at TAU, supported by Wipro to pursue core as well as
applied research in fast-developing technologies in the Artificial
Intelligence (AI) space.
“Wipro has a strong tradition of investing in innovation, and
collaboration with academia for advanced research and development
is a key element of our innovation programs. We are excited to
partner with Tel Aviv University to jointly develop innovative IP
in core AI technologies that will help us build advanced and
differentiated solutions and services for our customers,” said
K.R. Sanjiv, Chief Technology Officer, Wipro Limited.
“Tel Aviv University is keen to collaborate with leading Indian
multinational companies for research and innovation. Wipro is
clearly a great fit with TAU’s areas of excellence including, but
not limited to, Machine Learning, Deep Learning and Sparse
Representation techniques, towards developing cutting-edge platform
solutions,” said Mr. Oren Calfon, VP Business Development, ICT,
at Ramot. “We look forward to growing the partnership between
our organizations in the coming years.”
About Wipro LimitedWipro 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 a dedicated workforce of over 170,000, serving clients across
six continents. Together, we discover ideas and connect the
dots to build a better and a bold new future.
About Ramot at Tel Aviv UniversityRamot is the Business
Engagement Center at Tel Aviv University, Israel's largest research
and teaching university. Founded in 1956, Tel Aviv University is
located in Israel's cultural, financial and industrial center.
Rooted in both academic and corporate arenas, Ramot is uniquely
positioned to cultivate the special relationships between these two
compelling worlds, creating win-win connections that support
fertile, groundbreaking research while providing companies with
discoveries that give them a crucial competitive edge. For more
information, visit http://www.ramot.org.
Forward-looking and Cautionary StatementsCertain
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.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170705005350/en/
Wipro LimitedShraboni Banerjeeshraboni.banerjee@wipro.comorRamot
at Tel Aviv University Ltd.Maya KotlerMaya.kotler@ramot.org
Wipro (NYSE:WIT)
Historical Stock Chart
From Feb 2024 to Mar 2024
Wipro (NYSE:WIT)
Historical Stock Chart
From Mar 2023 to Mar 2024