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Sahm Technologies and Wipro form strategic partnership for Oracle Application Management for the Middle East region

  • United Arab Emirates: Tuesday, December 14 - 2004 at 14:41
  • PRESS RELEASE

Sahm Technologies, subsidiary of Emaar Properties and Wipro Limited, the USD 1.35 billion, leading Information Technology services company from India have entered into an agreement to provide Oracle eBusiness suite application management services for customers in the region.

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  • Seen here are  the Wipro and Sahm team members.
    Seen here are the Wipro and Sahm team members.
Under the agreement, Sahm and Wipro Limited will offer Oracle Applications related Functional Support, technical support, Database Administration Support, Refresher Training and User Training and Enhancements/ Upgrades.

Mr. Arvind Bhatnagar, Chief Executive Officer of Sahm Technologies said, "Sahm is pleased to add this new service line to our existing technology services that we offer to our customers. This strategic partnership with Wipro, the leading IT Consulting and IT Services company from India will provide tremendous value to customers in the Middle East region. What we provide to our customers is the strength of Sahm in the region coupled with Wipro's expertise and best practices in the area of Oracle Applications."

Sahm and Wipro have built this e-sustenance center on a shared model to provide these services to customers. In addition to best practices and processes that will be provided by the shared services center for application management, customers will benefit from the cost savings delivered through the shared model. Sahm Technologies with its strong understanding of regional customers and local needs and Wipro with its global practices and processes will offer significant advantages to customers wanting ongoing application management services.

Wipro's Oracle Practice will support this e-sustenance center. Wipro's consultants use practices, which are based on years of distilled knowledge and are tried and tested across various industries. Wipro has delivered such result-oriented services to a number of prominent clients across the globe.

Mr. Rajat Mathur, Vice President, International Operations, Wipro said, "We are delighted to have entered into a relationship with Sahm Technologies and we aim to grow the IT industry in the Middle East through our combined strengths. The Middle East region is a critical component of our global expansion strategy, as it is a rapidly growing IT services market".

"Wipro is committed to building a strong business base here in UAE as well as rest of the Middle East. We will continue to provide value through our vast global experience, robust quality processes, in-depth understanding of various domains and our comprehensive range of high value IT services," added Mr. Mathur.

"We have comprehensive strategy of addressing customers and we will be implementing the go to market strategy immediately", added Mr. Bhatnagar.

Today, Wipro is working with many clients across the Middle East. Its major thrust is on the high-end of the IT Services value chain that includes Technology Services, Software Solutions and IT Consulting. Some of Wipro's key customers in the Middle East include Saudi Polyolefins, Al Haya Medical Company and Riyadh Pharma in Saudi Arabia; Dubai e-Government and Dubai Municipality in UAE; and Doha Bank, Qatar Petroleum and Qatar Vinyl Company; Gulf Insurance Company, Kuwait Foundation for Advancement of Sciences, Investment Dar and Future Communications Company in Kuwait.
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Notes and media contacts

- Ends -
About Wipro Limited
Wipro provides comprehensive IT solutions and services, including systems integration, information systems outsourcing, IT enabled services, package implementation, software application development and maintenance, and research and development services to corporations globally. Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services Company 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. In the Asia Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro also has profitable presence in niche market segments of consumer products and lighting. 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.wipro.com, www.wiprocorporate.com, and www.wipro.co.in

Wipro's forward looking and cautionary statements
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.

About Sahm Technologies
Sahm Technologies is the technology subsidiary of EMAAR Properties and has been created for the purpose of bringing exciting new ideas in the areas of technology and communications to both business and residential customers. As a young and dynamic company led by a professional team of technology experts and managers and in keeping with its vision Sahm has ventured into numerous technology areas since setting up. Sahm is bringing into being EMAAR's vision of building the world's largest "Intelligent City". Towards that end, Sahm has started deploying a state-of-the-art and future proof Internet Protocol (IP) network to service residents, business entities located within the EMAAR territories. Over this broadband network Sahm has started delivering exciting new services that encompass voice, data, video and smart home solutions that will make the concept of "Intelligent living" a reality. The Sahm network is one of the world's first true IP networks delivering services to residential and commercial customers at a carrier class grade of service. This means we can deliver a multiplicity of services over a single infrastructure while the use of IP technology allows for introduction of the next generation of communication services as and when they are available without investment in a new network infrastructure. The carrier class nature of the network ensures diverse routing around failure, redundant equipment to mitigate failure and a sophisticated level of service and security measures, which protect both the network and its subscribers. The use of fibre-to-home and Ethernet-to-home technology allows the delivery of multiple services on a single connection. Additional services can be added simply and without additional wiring. Today Sahm is providing technology services to the EMAAR group companies. Dubai Bank, the newest bank in Dubai's firmament, Amlak Finance, EMAAR PJSC and EMRILL all depend on Sahm for their IT needs. The technology services include a data centre, call centre operations and management, web design and hosting, network management, managed security services, technology consultancy, field support, solutions implementation and project management. Sahm is also focused on the integration of ERP solutions and other software packages. With competencies ranging the full breadth of technology implementation and management, Sahm is poised to offer its IT infrastructure and management skills to businesses. Sahm's vision is to be the leading IT and network operations solutions provider in the Middle East, an organization where knowledge is nurtured and respected. Sahm's goal is to contribute to the development of Dubai and ensure that exciting new ideas in technology are fostered and given life.

For further information, please contact:
Agency Contact:
Prem Ramchandran
ASDA'A Public Relations
Dubai, UAE
Tel: 00 -9714-3344550
Fax: 00 -9714-3344556

Wipro Infotech (Bangalore):
Radha Radhakrishnan
Group Marketing Manager
Wipro Infotech
Bangalore
Tel: 91-80-28440343

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