A catalyst for accelerated services rollout
Bangalore, India, February 18, 2009
Wipro Technologies, the Global IT Services business of Wipro Limited (NYSE: WIT) announced the launch of a Value Added Services (VAS) factory, to help accelerate network-operator revenues from VAS developed on standards-based, carrier-grade software.
The new offering will help generate new growth opportunities for communication service providers and has the potential to transform the way VAS are sourced by operators today. This VAS Factory framework is targeted towards reducing complexity, increasing flexibility and reducing the total cost of ownership for VAS rollout. It is a significant step forward for the realization of converged services leveraging a Service Delivery Platform (SDP) combined with a managed factory model.
The VAS Factory framework is powered by WIPAF, Wipro SDP (Service Delivery Platform) Framework and Oracle Communications Service Delivery (OCSD) as the core foundation and consists of cross-domain VAS providers, independent software vendor partners and third- party application developers, leveraging a suite of service enablers and a composite service creation environment. This combination enables next-generation services such as m-commerce, on-device-portals, location, digital home infotainment and lifestyle management in a network, device and access-agnostic manner.
The VAS Factory framework is part of Wipro’s Performance and Capital Efficiency (PACE) solution which is targeted at providing new suite of transformational services to help CXO’s realize their strategic imperatives like streamlining operations, reduced time to market and lowering costs .The aim is to help companies thrive even in today’s challenging economy with a quick return on investment, often in a year or less
“Wipro is among our strategic partners supporting our expansion and business transformation strategy,” said Ravinder Jain, CIO, Aircel, a leading operator in India. “Wipro’s leadership in telecom domain and Oracle Communications Service Delivery coupled with the experience and capabilities of Oracle SOA Suite will enable us to deliver market-critical services faster to our rapidly growing customer base.”
We are excited about the launch of our VAS Factory initiative” said T K Kurien, President Wipro Consulting Services, Global Programs & Strategic Initiatives. “This will reinforce Wipro’s leadership in telecom domain and help operators deliver and launch services faster, thus enabling enhanced customer experience”.
OCSD is the leading standards-based, carrier-grade software being deployed by network operators to meet service delivery platform needs. Wipro's VAS Factory is built on Oracle Communications Services Gatekeeper and Oracle Communications Converged Applications Server. Wipro has developed a portfolio of revenue-generating, WIPAF-based services that utilizes the interfaces, such as native protocols and web services exposed through Oracle Communications Services Gatekeeper to generate revenues immediately. At the same time, Wipro can rapidly develop new, custom services to run on Oracle Communications Converged Applications Server by reusing existing software enablers and business processes in WIPAF.
Kapi Attawar, Vice President of Alliances and Channels, Oracle Communications said, “In these economic times, network operators need to maintain a competitive edge through innovative services while lowering operating costs through an IP-based infrastructure evolution and minimizing risks. Oracle Communications Service Delivery enables operators to capture and prove their intellectual assets in their Value Added Services Factory, while Wipro helps customers speed time to market, gain delivery flexibility and lower overall ownership costs all at lower risk which is critical in this challenging business climate.”
Wipro will be demonstrating its VAS Factory framework solution concepts at Mobile World Congress, Barcelona, 16th-19th Feb 2009, at their Hospitality Suite 4.3 HS 40, Hall 4, Level 3.
About Wipro
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 development, and maintenance 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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Media Contacts:
India
Radhika Mahadevan
Wipro Technologies
+91- 9945042603
radhika.mahadevan@wipro.com
Purvika Anand
Gutenberg Communications
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US
Lavanya DJ
Gutenberg PR
+ (212).239.8740
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Eric Belove
Wipro Technologies
+ 1 (732).216.6242
eric.belove@wipro.com
UK
Rahul Kadavakolu
Wipro Technologies
+44 792 020 5496
rahul.kadavakolu@wipro.com
Shalini Siromani
Gutenberg Communications
+44.79.6066.3200
shalini@gutenbergpr.com
Forward-looking and cautionary statements
Certain statements in this release concerning our future growth prospects and our ability to successfully complete and integrate potential acquisitions 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 our ability to integrate and manage acquired IT professionals, our ability to integrate acquired assets in a cost effective and timely manner, fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect 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, , liability for damages on our service contracts, the success of the companies in which Wipro has made strategic investments, withdrawal of fiscal governmental incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our 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. Wipro 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. Wipro does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the company. For further information, please visit our websites at www.wipro.com, www.wiprocorporate.com and www.wipro.in
