Wipro Ranked in the Leadership Zone in Telecom R&D Services by Zinnov
December 24 2015 - 6:45AM
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 in the
leadership zone in Telecom R&D services for the fourth
consecutive year in an annual survey conducted by Zinnov Management
Consulting Pvt. Ltd., a leading Globalization and Market Expansion
Advisory firm.
The Global Service Providers’ Rating was carried out across 13
verticals. The final rating was based on a comprehensive capability
analysis based on parameters such as depth of offerings, IPs,
solutions, talent pool and client base. The study is undertaken by
Zinnov to help customers understand the service provider landscape
and make informed sourcing decisions. It also enables service
providers to showcase their capabilities and benchmark their
services against that of their peers. This recognition reiterates
Wipro's leadership position in telecom, which is backed by strong
R&D capabilities and infrastructure.
Sidhant Rastogi, Partner & Practice Head, Zinnov,
said, “Wipro’s has continuously been rated among the leaders in
Zinnov’s GSPR ratings for Telecom vertical. Wipro’s scale of
practice and breadth of capabilities catering both Communication
Equipment and Service providers is among the best in the industry.
Their rich portfolio of high value IPs/solutions and a substantial
non-linear stream of revenues differentiate Wipro in the industry.
Investments in newer technologies around Small cells, NFV, M2M
communication etc. through dedicated Centres of Excellence makes
them well equipped to continue leading the Telecom product
engineering services industry in the long run.”
Acknowledging the recognition, Vinay Rawat, Vice-President
and Global Head of Network Equipment Providers, Wipro Limited,
said, “Our focus on next generation technologies and global
delivery excellence are showing remarkable results as we
continuously acquire deeper capabilities across a range of
technologies in the telecom domain. We are now gearing up to work
with our customers in the Automation, AI and Digital space to
inspire innovation and fuel the next wave of growth in the
industry. Wipro’s position as a leader in the Zinnov survey
reflects our ability to adapt to the evolving demand environment
and our commitment towards empowering our customers to stay ahead
of competition.”
Over the last two decades, Wipro has established itself as the
global leader in product engineering, R&D, IT and BPO services
in the network equipment provider market. Wipro’s services
portfolio includes system engineering, software and hardware
design, development, verification and validation services, product
re-engineering and product support services.
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 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.
About ZinnovWe at Zinnov (www.zinnov.com) assist our
clients improve organization efficiency, innovation and revenue by
leveraging global resources and markets. We offer deep expertise in
Engineering, Digital and Globalization. Zinnov has been at the
forefront of innovation and thought leadership. Our over a decade
experience in globalization helps us in understanding customer
problems and coming up with viable solutions.
Zinnov serves clients in Software, Automotive, Telecom &
Networking, Semiconductor, Consumer Electronics, Storage,
Healthcare, Banking, Financial Services & Retail Verticals in
US, Europe, Japan &India. Zinnov was founded in 2002 and is
head quartered out of Bangalore. The company has locations in
Houston, Silicon Valley, Bangalore & Gurgaon.
Forward-looking and Cautionary StatementsCertain
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/20151224005167/en/
Wipro Ltd.Purnima Burman,
080-46728073purnima.burman@wipro.com
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