BANGALORE, India, February 23, 2010 /PRNewswire-FirstCall/ -- Wipro Technologies, the global IT services business of Wipro Limited (NYSE: WIT), today announced that it has been certified by SAP AG as a global provider of application management services.
Wipro became an SAP certified provider of application management services following a stringent audit process of its ability to deliver application management services with high-quality service operations based on SAP(R) technology. Some of the areas covered by the audit include the following: application management maturity model, quality assurance, tools, training, industry vertical expertise and expertise with SAP solutions.
Wipro plans to use its FlexDelivery model and best practices related to application management services to provide value-added support to its customers. Wipro's innovative FlexDelivery model for managing enterprise application landscape has been deployed by more than 50 customers to handle complexity and criticality of environments and business processes and variability in work volume typical in application maintenance and support engagements.
SAP's certification of Wipro as a provider of application management services comes on the heels of Wipro being positioned as a "challenger" by a leading Industry analyst in a service provider evaluation of 20 SAP application outsourcing service providers.
"Wipro has been successfully certified as a global provider of application management services," said Michael H. Ressemann, global head of Outsourcing Services and Solution Delivery at SAP. "This confirms Wipro's strong capabilities to provide professional application management services to SAP customers worldwide in support of SAP solutions."
"We believe this latest certification highlights our commitment to driving business value for our customers," said Arnab Chaudhury, Head - Application Management Services, Wipro Technologies. "Wipro has been at the forefront of innovation and made significant investments in automation of application outsourcing, thus driving predictable, scalable and cost-effective solutions. We believe this is validated by the success in delivering operational transformation programs to our clients," he added.
Wipro Technologies, a division of Wipro Limited (NYSE: WIT) is the first PCMM Level 5 and SEI CMM Level 5 certified global IT services organization. Wipro Technologies was recently assessed at Level 5 for CMMI V 1.2 across offshore and onsite development centers. Wipro is one of the largest product engineering and support service providers worldwide. Wipro provides comprehensive research and development services, IT solutions and services, including systems integration, information systems outsourcing, package implementation, software application management, and datacenter managed services to corporations globally.
In the Indian market, Wipro is a leader in providing IT solutions and services for the corporate segment in India, offering system integration, network integration, software solutions and IT services.
Wipro also has a profitable presence in niche market segments of consumer products and lighting. In the Asia-Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro's ADS' are listed on the New York Stock Exchange, and its equity shares are listed in India on the Stock Exchange - Mumbai, and the National Stock Exchange.
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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 http://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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Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
Media Contacts: Wipro Technologies India: Radhika Mahadevan Wipro Technologies +91-9945042603 email@example.com Mangala Koti Singhal Gutenberg Communications +91-9686446789 firstname.lastname@example.org US: Eric Belove Wipro Technologies +1-(732)-216-6242 email@example.com Lavanya DJ Gutenberg Communications +212-239-8740 firstname.lastname@example.org UK: Rahul Kadavakolu Wipro Technologies +44-792-020-5496 email@example.com Shalini Siromani Gutenberg Communications +44-79-6066-3200 firstname.lastname@example.org
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