Outlining the company's ambitious vision for the Middle East market at a press briefing here today, Mr. Premji said: "Our vision is to be among the top 10 IT Services companies globally. The Middle East is a critical component of our global expansion strategy, with an IT services market, estimated to be worth US$ 5 billion and growing at a healthy rate.
"I visited Dubai a year ago and have been personally impressed with the progress that the country has made in IT infrastructure and services since. I have met some of the country's government, business and technology leaders and have been happy to learn the importance the country is placing on this critical sector. We are proud to be associated with the UAE," added Mr. Premji.
Wipro Infotech, the Middle East, India and Asia Pacific IT division of US$ 715 Million Wipro Limited (NYSE:WIT), continues to consolidate its presence in the region. Wipro set up its Middle East operations headquarters in Dubai in June 2001 in Dubai Internet City. The company, which has over 50 highly skilled Wipro consultants in the region, has been steadily building a strong customer base regionally. The company has won several prestigious projects including contracts from Dubai E-Government, Dubai Municipality, Riyadh Pharma, Saudi Polyolefins Company and Doha Bank.
Wipro has also been recently chosen by Dubai Dry Docks as its Information Technology Partner and will implement an Integrated Enterprise-wide Application across key organization functions including Finance, Production, Technical, Commercial and HR. The project is in line with the global trend of outsourcing. It leverages on Wipro's 'Global Delivery' model, which means that the development of the project will be carried out from a Wipro development center in Bangalore, India.
In its continuous quest to offer higher value to its customers, Wipro recently launched its global IT Outsourcing practice, through which it offers IT Management and Consulting Services to customers. "The IT outsourcing practice is a conscious strategy to move up the Services value chain. This will help our customers retain their focus on their core business," said Mr.Premji.
"Wipro actually pioneered the Offshore-Onsite outsourcing concept, which has become its successful Global Software Delivery model to offer enhanced value to its customers. We currently have 16 Software Development Centers (ODCs) in India and the overseas, delivering Quality IT Services," continued Mr. Premji.
Marking the first R&D (Research and Development) outsourcing deal, Wipro recently signed a letter of intent to acquire software development resources, including software professionals, relating to Ericsson's Research and Development Centers in India.
Mr.Premji believes that India has become a premier software-outsourcing destination to the world. According to him, a combination of skilled manpower, Quality and value-for-money solutions has made India globally competitive.
"Wipro's global success is primarily based on our world-class processes and high quality of our people. Wipro has been at the forefront of leading the Quality drive. It is the world's first PCMM Level 5 and SEI CMM Level 5 certified IT Services company. These certifications recognize the highest emphasis we have placed on both our Software development processes and the quality of our people. Wipro also has the unique distinction of being the first Indian company to embark on the Six Sigma journey. Six Sigma has helped us bring Customer's voice inside our organization, apart from contributing to the bottom line," added Mr. Premji.
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Wipro Chairman sees huge potential for IT Outsourcing
- United Arab Emirates: Sunday, November 17 - 2002 at 13:21
- PRESS RELEASE
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Mr. Azim Premji, Chairman, Wipro sees growing potential for IT Outsourcing globally including the Middle East markets with customers accepting the business practice of focusing on their core competencies, allowing software services companies such as Wipro to provide higher value for its expanding customer base in the region.
Mr. Azim Premji, Chairman, Wipro.
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Posted by Anne-Birte Stensgaard, News EditorSunday, November 17 - 2002 at 13:21 UAE local time (GMT+4)
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This article was updated on Tue Oct 03 2006.
Notes and Media Contacts »
Wipro is a leading IT Services company from India, with interests in Healthcare and Consumer Care. Its Revenues were over USD 700 Million in 2001-2002, and the current market cap exceeds USD 6.5 billion, making it the largest listed IT Company in India. It offers a comprehensive range of IT Services including Technology and Software Services across the globe. Wipro today has a significant presence across North America, Europe, Asia Pacific, Japan, Australia and the Middle East.
About Wipro Infotech
Wipro Infotech, a division of the US $715 million Wipro Limited, provides enterprise customers with high value Information Technology products, Services and Solutions in India. and provides Technology & Software Services in the Asia Pacific and the Middle East. Wipro Infotech is the world's First Products, Services and Solutions company to be certified at PCMM Level 5 (Ver 2) across the Enterprise. Wipro Infotech has five divisions: Technology Products, Professional IT Services, Enterprise Solutions, Consulting Services & Procurement Services. The Technology Products division provides core IT infrastructure to enterprise customers. It offers Wipro branded desktops, Intel Servers, Notebooks, Storage products, Networking solutions, Packaged Software and Enterprise Servers. The division has alliances with global technology leaders including Sun Microsystems, Cisco and Computer Associates among others. The Professional IT Services division provides Infrastructure Management, Technology Integration and Availability Services. The Enterprise Solutions division offers Custom Application Development, Enterprise Applications, Industry specific solutions, Data Warehousing & Business Intelligence solutions. The Consulting Services proposition includes Strategy Consulting, Technology Consulting, Process Consulting and Business Continuity & Risk management solutions. The Procurement Services division offers e-procurement services and solutions. Headquartered at Bangalore, Wipro Infotech serves customers in India through a network of 22 offices and 170 service locations across the country. It has 8 call centers to ensure that customer satisfaction issues are addressed on priority. Today, it has business offices in Dubai, Saudi Arabia, Singapore, Sydney, Taipei & Hong Kong in the Asia Pacific & the Middle East. Wipro Infotech's position of leadership in this business is built on a strong foundation of Quality processes, including Six Sigma, ISO, Knowledge Management & People processes (PCMM- People Capability Maturity Matrix). Wipro Infotech was rated No: 1 Network Integrator in India by Voice & Data Magazine for the past five years.
About Wipro Limited
Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services Company globally. Wipro provides comprehensive IT solutions and services, including systems integration, Information Systems outsourcing, package implementation, software application development and maintenance, and research and development 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 ADSs 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, among others.
For more information, please visit our websites at www.wiprocorporate.com, www.wipro.com and www.wipro.co.in
Wipro's 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 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, our ability to successfully complete and integrate potential acquisitions, 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 contact:
Agency Contact:
Robin Duff/ Prem Ramchandran
ASDA'A Public Relations
Dubai, UAE
Tel: 00 -9714-3344550
Fax: 00 -9714-3344556
Wipro Infotech (UAE)
Mansoor Ahmed
Business Head Middle East,
Wipro Limited, Dubai Internet City Building 12, Office -124
Dubai, UAE
Tel: 00-9714-3913480
Kiran Rao (India)
Manager-Marketing
Wipro Infotech
Bangalore
Tel: 91-80-8440011. Ext-394
About Wipro Infotech
Wipro Infotech, a division of the US $715 million Wipro Limited, provides enterprise customers with high value Information Technology products, Services and Solutions in India. and provides Technology & Software Services in the Asia Pacific and the Middle East. Wipro Infotech is the world's First Products, Services and Solutions company to be certified at PCMM Level 5 (Ver 2) across the Enterprise. Wipro Infotech has five divisions: Technology Products, Professional IT Services, Enterprise Solutions, Consulting Services & Procurement Services. The Technology Products division provides core IT infrastructure to enterprise customers. It offers Wipro branded desktops, Intel Servers, Notebooks, Storage products, Networking solutions, Packaged Software and Enterprise Servers. The division has alliances with global technology leaders including Sun Microsystems, Cisco and Computer Associates among others. The Professional IT Services division provides Infrastructure Management, Technology Integration and Availability Services. The Enterprise Solutions division offers Custom Application Development, Enterprise Applications, Industry specific solutions, Data Warehousing & Business Intelligence solutions. The Consulting Services proposition includes Strategy Consulting, Technology Consulting, Process Consulting and Business Continuity & Risk management solutions. The Procurement Services division offers e-procurement services and solutions. Headquartered at Bangalore, Wipro Infotech serves customers in India through a network of 22 offices and 170 service locations across the country. It has 8 call centers to ensure that customer satisfaction issues are addressed on priority. Today, it has business offices in Dubai, Saudi Arabia, Singapore, Sydney, Taipei & Hong Kong in the Asia Pacific & the Middle East. Wipro Infotech's position of leadership in this business is built on a strong foundation of Quality processes, including Six Sigma, ISO, Knowledge Management & People processes (PCMM- People Capability Maturity Matrix). Wipro Infotech was rated No: 1 Network Integrator in India by Voice & Data Magazine for the past five years.
About Wipro Limited
Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services Company globally. Wipro provides comprehensive IT solutions and services, including systems integration, Information Systems outsourcing, package implementation, software application development and maintenance, and research and development 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 ADSs 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, among others.
For more information, please visit our websites at www.wiprocorporate.com, www.wipro.com and www.wipro.co.in
Wipro's 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 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, our ability to successfully complete and integrate potential acquisitions, 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 contact:
Agency Contact:
Robin Duff/ Prem Ramchandran
ASDA'A Public Relations
Dubai, UAE
Tel: 00 -9714-3344550
Fax: 00 -9714-3344556
Wipro Infotech (UAE)
Mansoor Ahmed
Business Head Middle East,
Wipro Limited, Dubai Internet City Building 12, Office -124
Dubai, UAE
Tel: 00-9714-3913480
Kiran Rao (India)
Manager-Marketing
Wipro Infotech
Bangalore
Tel: 91-80-8440011. Ext-394
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