Designit, a global strategic design firm, to
join Wipro Digital
Wipro Digital, the digital business unit of Wipro Limited (NYSE:
WIT), today announced its intention to acquire Designit, an award
winning and global strategic design firm specializing in designing
transformative product-service experiences. This investment marks a
further stage in Wipro’s move to evolve the digital offer it takes
to market, combining its reputation and heritage in deep
engineering and transformative technology with human
centered-design methods.
"Our clients are looking to us to help them transform their
businesses and move at the speed of digital. Solving these complex
challenges starts with strategic design and fuses a human-centered
method with innovative technology solutions delivered by
multi-disciplinary teams of strategists, designers and engineers.
With our acquisition of Designit, we will complement the
capabilities of an established design leader with our engineering
heritage and bring compelling value to our clients,” commented
Rajan Kohli, Senior Vice President and Global Head, Wipro
Digital.
Designit’s capabilities and proven record in strategic design,
user experience (UX), interaction design (IxD) and product
innovation result in meaningful product-service experiences that
help people live smarter, healthier and more productive lives.
Designit’s expertise in experience-driven design complements Wipro
Digital’s capabilities in technology, digital strategy, design, and
digital architecture. Together, the two organizations become a
comprehensive and scalable global digital transformation partner
for the entire C-suite, helping to improve customer experience
while radically digitizing business operations.
“Designit offers a unique opportunity for us to bring together
capabilities not often found in the design industry including scale
and global reach, a Scandinavian heritage and innovative,
award-winning client work. Designit has also developed a unique
open, creative and collaborative culture that we intend to nurture
and grow. We look forward to working with Designit’s
multi-disciplinary teams that focus on creating a better and
smarter future,” continued Kohli.
Since its founding in 1991 in Aarhus, Denmark, Designit has
become one of the world’s largest, privately-held design firms.
Employing more than 300 people in nine offices globally, it
delivers transformative product-service experiences for some of the
world’s most innovative brands in healthcare, telecom, banking,
automotive, and retail.
“Design is no longer about beautification. It is about creating
a strategic foundation, driving growth and change across
industries. We have much of the technology needed, but we need to
design the human experience in ways that make sense to us, and for
the way we live and work. That’s why design today is so influential
and strategic. There’s an endless market for products, services,
and systems that need to be simplified and humanized. With Wipro
Digital, we can deliver as big as we can dream,” said Mikal
Hallstrup, Founder and Chief Visionary Officer, Designit.
Hallstrup went on to say, “In an age of rapidly changing
technology and consumer behavior, organizations need to exceed user
expectations continuously. Designit will offer its unique Strategic
Design Process together with Wipro Digital’s end-to-end business
transformation capabilities. Together, we are building one of the
world’s most impactful partners for clients ready to create the
future.”
The acquisition is subject to customary closing conditions and
regulatory approvals and is expected to be closed in the current
quarter.
About Wipro
Wipro Limited (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 wipro.com.
Wipro Digital, the digital business unit of Wipro, collaborates
and iterates with clients to deliver customer-centered digital
transformation. Working at the intersection of strategy, design and
technology, we derive insight, shape interaction, drive integration
and unlock innovation for our clients. We apply Customer Journey
Engineering to create extraordinary experiences for global brands,
businesses and their customers at scale. Learn more at
wiprodigital.com or @WiproDigital.
About Designit
Designit is a global strategic design firm, helping businesses
tap into the opportunities in the digital age by turning technology
into meaningful experiences. With an international team of 300+
designers, strategists, and technologists across nine offices,
Designit uses a Strategic Design Process to design unified
product-service experiences that bring end-user value, business
value and business transformation. It combines strategy, technology
and design to drive growth and change across industries. Its vision
is to create a better future for everyone, with design.
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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Wipro LimitedMedia Contacts:Vipin Nair, +91
9845014036vipin.nair1@wipro.comorSubhashini Pattabhiraman, +91
9819773385subhashini.pattabhiraman@wipro.comorInvestor Relations
Contact:Aravind Viswanathan, +91 80 4672
6186aravind.viswanathan@wipro.com
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