Wipro Rated as a Top Digital Service Provider in Retail by Zinnov
February 03 2017 - 8:00AM
Business Wire
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading
global information technology, consulting, and business process
services company, today announced that it has been ranked as a
“leader” in the ‘Zinnov zones for Digital Services in Retail –
2016’ research report by Zinnov Management Consulting.
Zinnov estimates a total digital spending of ~ $70B by
retailers globally in 2016; with the market size expected to
reach $150B by 2020, growing at over 20% per annum. The
report provides a snapshot of a digitally-enabled modern retail
enterprise and the impact of digital transformation in the retail
industry, across its entire value chain.
Zinnov conducted an analysis of 21 digital service providers
across the globe focused on providing digital services to
retailers. Wipro was ranked in the leadership Zone and was
ranked as one of the top digital services providers for retailers
in the assessment done basis capabilities and client feedback.
Apart from an overall rating, the report also provides a
relative positioning of service providers across 6 key retail sub
segments - Marketing and Sales, Store Operations, Supply Chain
Management, Merchandising, Customer Experience and Online Commerce.
Wipro was ranked in the Leadership zone in all the 6 sub
segments.
“Wipro came out among the top digital retail services providers
in the Zinnov Zones assessment among global service providers that
Zinnov evaluated. The company has a large base of relevant talent
pool comprising big data professionals, retail domain experts,
solution architects, UI developers and UX designers. Wipro’s
capabilities across the spectrum of retail digital services from
design to implementation are complemented by their investments in
building a portfolio of over 45 platforms, frameworks and
solutions/products,” said Praveen Bhadada, Partner and Digital
Practice Head, Zinnov. “Wipro’s strength in digital
retail services spanning Store Operations, Supply Chain Management,
and Merchandising leverages capabilities across cloud, mobility,
IoT and AI to provide connected, personalized and omni channel
customer experience. A mature analytics services portfolio catering
to social media, in-store and web channels as well as significant
experience in deploying online commerce platforms such as Oracle
ATG, Hybris, and Websphere makes Wipro a true new age digital
partner for retailers globally,” he added.
“Digitalization is central to driving the future of retail and
our focus in Retail Digital services has been towards industry
leading innovation and offerings that enable our customers to win
the future. We are delighted to be have been ranked in the
Leadership Zone for our Digital Services in Retail,” said Srini
Pallia, President - Consumer Strategic Business Unit, Wipro
Limited.
Hari Shetty, Global Head- Retail vertical, Wipro
Limited said, "It is an honor to be recognized as a leader
in digital services for the retail industry. We take pride in
helping our retail clients embrace digital disruption and help them
to win in a hyper competitive market place, through our
investments in the digital value chain: ‘think it - design it –
build it – run it’. The rating we have received reflects the
confidence of our clients in having Wipro helping them in their
digital transformation journey.”
The full report can be accessed at:
http://www.slideshare.net/zinnov/zinnov-zones-digital-in-retail.
About Wipro Limited
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading
information technology, consulting and business process services
company that delivers solutions to enable its clients 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 170,000,
serving clients 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 LimitedPrathibha Dasprathibha.das@wipro.comorZinnovJaya
Shukla+91-8197052525media@zinnov.com
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