Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading
global information technology, consulting and business process
services company, today announced that it has become a member of
the LoRa Alliance™, one of the fastest growing Internet of Things
(IoT) alliances with over 400 members. This membership will help
Wipro accelerate its Internet of Things (IoT) solution deployments,
using Low Power Wide Area Networks (LPWAN) technology for customers
across industry sectors such as energy, utilities, natural
resources, smart cities, ports, and logistics.
The LoRa Alliance™ is an open, non-profit association, with a
mission to standardize the deployment of LPWAN technology across
the world to enable IoT, machine-to-machine (M2M), smart city, and
industrial applications. It was formed in 2015 by technology
industry leaders, including Cisco, Semtech, IBM, and
telecommunications majors.
The LoRa Alliance™ defines and drives the Long Range Wide Area
Network (LoRaWANTM) technology. LoRaWANTM is an LPWAN specification
intended for wireless battery operated devices in a regional,
national or global network. It provides seamless interoperability
among smart devices without the need for complex local network
installations, and empowers users, developers, and businesses,
enabling the seamless rollout of IoT solutions.
Anita Ganti, Senior Vice-President and Global Head, Product
Engineering Services, Wipro Limited said, “We are delighted to
join the LoRa Alliance™. This alliance will help Wipro to deploy
IoT solutions using LoRaWAN™ technology. LoRaWAN™ and LPWAN play a
critical role by creating both public and private networks, which
are essential for successful IoT deployments. The ease of
installation of the LoRaWAN™ network, in licensed exempt spectrum,
will help us in solving connected engineering challenges to ensure
uninterrupted connectivity for our customers across the globe.”
Jayraj Nair, Vice-President and Global Head IoT, Wipro
Limited said, “We support the mission to standardize Low Power
Wide Area Networks (LPWAN) being deployed around the world to
enable Internet of Things (IoT), machine-to-machine (M2M), smart
city, and industrial applications. We are excited about LoRaWAN™
optimized power management, which will enable broad deployment of
IoT solutions with smaller payloads.”
“Wipro’s proven system integration capabilities can enable
adoption of LoRaWAN™ technology for IoT. Wipro has already
demonstrated its leadership in the adoption of LoRaWAN™ technology
by enabling smart ports and mines in India,” said Geoff
Mulligan, Chairman, LoRa Alliance™. “Joining the LoRa Alliance™
will help Wipro to generate value for IoT market participants by
being part of our large ecosystem, enable them to get closer to
their customers and introduce new connectivity-enabled
services.”
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.
About the LoRa Alliance™
The LoRa Alliance™ is an open, non-profit association that has
grown to more than 400 members since its inception in March 2015,
becoming one of the largest and fastest growing alliances in the
technology sector. Its members are closely collaborating and
sharing their experience to promote the LoRaWAN™ protocol as the
leading open global standard for secure, carrier-grade IoT LPWA
connectivity. With the technical flexibility to address multiple
IoT applications, both static and mobile, and a certification
program to guarantee interoperability, the LoRaWAN™ is already
being deployed globally by major mobile network operators and is
anticipated to widely expand in 2017.
About LoRaWAN™
The technology utilized in a LoRaWAN network is designed to
connect low-cost, battery-operated sensors over long distances in
harsh environments that were previously too challenging or cost
prohibitive to connect. With its unique penetration capability, a
LoRaWAN gateway deployed on a building or tower can connect to
sensors more than 10 miles away or to water meters deployed
underground or in basements. The LoRaWAN protocol offers unique and
unequaled benefits in terms of bi-directionality, security,
mobility and accurate localization that are not addressed by other
LPWAN technologies. These benefits will enable the diverse use
cases and business models that will enable deployments of
large-scale LPWAN IoT networks globally.
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 LimitedSandhya SutodiaSandhya.sutodia@wipro.com
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