Wipro Launches Data Discovery Platform
June 15 2016 - 9:12AM
Business Wire
An analytics solution for generating pertinent
insights, thereby enabling faster decision-making
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading
global information technology, consulting and business process
services company, today announced the launch of its analytics
solution, Data Discovery Platform. The solution provides pertinent
business insights across the value chain of an industry through
pre-defined “apps.”
Relevant and actionable insights are imperative to making faster
and informed decisions. However, organizations today across
industries face the challenge of bridging the gap between what the
business wants and what information is offered. Businesses grapple
with the inability of traditional systems to provide the contextual
insights needed to differentiate and drive the business in a
hyper-competitive and digitally-driven world.
Wipro’s Data Discovery Platform will enable businesses to embark
on an analytics journey with value added services of process
simplification and business transformation. Leveraging techniques
like visual sciences and storytelling with data, the Data Discovery
Platform provides a unique value proposition around accelerated
time to market for insights resulting in better adoption of insight
driven decision-making. The solution’s modular, app driven approach
coupled with machine learning, natural language processing,
visualization and stream computing capability enables flexibility
and scalability to meet evolving business requirements. The
solution also plans to leverage capabilities from various partners
to enhance the experience offered to the organizations.
Pallab Deb, Vice President & Global Head, Analytics –
Wipro Limited, said, “With more and more businesses moving
towards accelerated decision-making, Insights-as-a-Service has
taken priority and industry is looking for service providers who
can provide insights relevant to their business. The Data Discovery
Platform, with its industry apps, offers robust end-to-end fabric
covering the entire spectrum of Data-Information-Insights, thereby
empowering customers with pertinent insights to make faster
decisions. Built using best of breed open source technologies, the
solution leverages cognitive capabilities from Wipro HOLMES
Artificial Intelligence Platform™ to bring to life the hidden
insights in large & diverse data sets.”
According to Gartner report, Magic Quadrant for Business
Intelligence and Analytics Platforms written by Josh Parenteau et
al, published on 4 February, 2016, ‘By 2018, most stand-alone
self-service data preparation offerings will either have expanded
into end-to-end analytical platforms or been integrated as features
of existing analytics platforms.’
With the launch of its cutting-edge Data Discovery Platform,
Wipro is poised to translate this boost in its big data
capabilities into greater business benefits for customers.
About Wipro Limited.
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.”
By combining digital strategy, customer centric design, advanced
analytics and product engineering approach, Wipro helps its clients
create successful and adaptive businesses. A company recognized
globally for its comprehensive portfolio of services, strong
commitment to sustainability and good corporate citizenship, Wipro
has a dedicated workforce of over 160,000, serving clients in 175+
cities across 6 continents. For more information, please visit
www.wipro.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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Wipro LimitedShraboni
Banerjeeshraboni.banerjee@wipro.com
Wipro (NYSE:WIT)
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