Wipro Receives 2015 Best Outsourcing Thought Leadership Award
June 08 2015 - 8:30AM
Business Wire
Honored for Innovation in Best Practices
Thought Leadership Category
Wipro Ltd. (NYSE:WIT), a leading global information technology,
consulting and business process services company, today announced
that it has been named a 2015 Best Outsourcing Thought Leadership
Awards (BOTL) winner by The Outsourcing Institute, the
largest, neutral professional association dedicated solely to
outsourcing. The BOTL Awards’ Wall Street Tech Innovation showcases
the most innovative work from providers across the outsourcing
industry. A judging panel of eight senior sourcing executives from
Fortune 1000 enterprises selected Wipro for its thought leadership
piece that showcases a real world use case that encompasses
innovation, creativity and results. Wipro is being recognized for
its innovative work titled “Semantics and Ontology - The Future of
Data Aggregation.”
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The Award was presented at the Wall Street Tech Innovation
Conference which was held on Tuesday, June 2, 2015 in New York
City.
“Financial institutions are giving increased attention towards
improving the quality of data and turning it into a strategic
advantage, owing to competitive, regulatory and business
pressures,” said Roop Singh, Senior Vice President and Global
Head – Securities & Capital Markets at Wipro Ltd. “Wipro's
strong expertise in IT & Operations combined with its deep
industry knowledge enables financial institutions to gain deep
insights on its data and data sources. In addition, our predictive
analytics tools enable our clients to turn the static data into
actionable insights on a real time basis.”
“Wipro is being recognized for delivering measurable value to
its clients and helping them thrive in the incredibly challenging
Wall Street and BFSI environment with innovative and cost saving
solutions,” said Frank Casale, founder of The Outsourcing
Institute and producer of the Wall Street Tech Conference. “We
congratulate Wipro and its high-performing service provider team
for its visionary thought leadership and client success.”
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 to 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.
About The Outsourcing Institute
Founded in 1993, The Outsourcing Institute is the largest
neutral professional association dedicated solely to outsourcing,
comprised of more than 70,000 professionals worldwide and providing
information, research, networking opportunities and customized
outsourcing solutions to the industry. For more information,
contact us at info@outsourcing.com or visit us online at
www.outsourcing.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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version on businesswire.com: http://www.businesswire.com/news/home/20150608005647/en/
Wipro media contact:Wipro Ltd.Gitanjali Sreepal+91 80
3998073gitanjali.sreepal@wipro.comorThe Outsourcing Institute
Contact:PenVine for The Outsourcing InstituteIlona Mohacsi, SVP
Industry Analyst & Media Relations+1 631 764
3729ilonam@penvine.com
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