Wipro to Open SAP Partner Research Center in India and Becomes SAP Global Services Partner.
New Delhi, India, August 28, 2007
In an effort to accelerate growth and innovation for businesses around the globe, the Global IT Services Division of Wipro Limited (NYSE: WIT) and SAP AG (NYSE: SAP) today announced an expansion of their existing partnership aimed at enhancing development and implementation of best-in-class solutions, especially around enterprise service-oriented architecture (enterprise SOA). As part of the agreement, Wipro will become an SAP global services partner and will establish a solutions lab in Bangalore to showcase the benefits of enterprise SOA, industry best practices and innovative service-delivery models.,
Wipro – A New SAP Global Services Partner
As an SAP global services partner, Wipro joins a select group of large consultancies. Wipro will invest further in joint marketing resources and strategic planning to support the growth with SAP and to serve global customers and prospects. Wipro and SAP will leverage their respective strengths – including Wipro’s in-depth industry knowledge and implementation skills and SAP’s comprehensive range of enterprise applications – to jointly conduct sales promotion programs for mutually agreed upon regional and industry markets.
“We have established a strong reputation for delivering high-quality solutions to large, small and midsize enterprises, and for providing competencies for SAP applications,” said Suresh Vaswani, president, IT practices, Wipro Technologies. “Becoming an SAP global services partner provides increased opportunities for Wipro to collaborate with SAP to help businesses around the globe adopt a services-based IT approach. Today’s announcement underscores Wipro’s dedication to expand its SAP applications-based services practice worldwide and to add new dimensions to our already very strong relationship with SAP..”
“Wipro has excelled as a member of our ecosystem by providing high-quality products, solutions and services to customers,” said Léo Apotheker, deputy CEO and member of the executive board, SAP AG. “By expanding our existing partnership to have Wipro become an SAP global services partner – a category reserved for a select group of global organizations that deliver exceptional value and innovation to customers – we are providing a long-term and strategic approach to bringing the value of enterprise SOA to our customers.”
Establishing an SAP Solutions Lab in Bangalore
In an effort to help customers define their IT roadmaps, Wipro is engaging with SAP to establish a state-of-the-art SAP solutions lab at the company’s Electronic City Facility in Bangalore, India. The new lab will provide customers with the opportunity to test the adoption of enterprise SOA and showcase innovative joint solutions. Continuing SAP’s mission to fuel a partner ecosystem of innovation, the lab is intended to also leverage the model from the SAP Co-Innovation Lab in Palo Alto, California to advance enterprise software solutions for customers in India.
To learn more about the Wipro and SAP relationship on the SAP Technology Tour 2007, please visit
www.sap.com/company/events/technologytour2007/index.epx
About WiproWipro Technologies, a division of Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services organization globally. 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 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.
For more information, please visit our websites at www.wipro.com, www.wiprocorporate.com
Media Contacts:
India:
Sanjeeth Boloor
Wipro Technologies
+91- 9845294767
sanjeeth.boloor@wipro.com
Subramaniam
Gutenberg PR
+91 9945688111
subra@gutenbergpr.com
Ranjani S Roy,
Gutenberg Communications,
+91 9886377941,
ranjani@gutenbergpr.com
Sunanda Sanganeria,
Gutenberg Communications,
+91 9811553623,
sunanda@gutenbergpr.com
US
Lavanya DJ
Gutenberg PR
+ (212).239.8740
lavanya@gutenbergpr.com
UK
Rahul Kadavakolu
+44 792 020 5496
rahul.kadavakolu@wipro.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