NJ-WIPRO-LIMITED
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it will deliver managed Software-Defined Wide Area Network (SD-WAN) transformation services to Olympus leveraging Cisco technology.
Headquartered in Tokyo, Japan, Olympus is passionate about the solutions it creates for the medical, life sciences, and industrial equipment industries, as well as cameras and audio products. For more than 100 years, Olympus has focused on making people’s lives healthier, safer and more fulfilling by helping detect, prevent, and treat disease, furthering scientific research, ensuring public safety, and capturing images of the world.
As a part of this engagement, Wipro will use its proprietary managed network services solution, #WANFreedom to re-architect Olympus’s WANs and enable support across distributed applications in a hybrid multi-cloud environment. The new network infrastructure will drastically improve Olympus’s application performance to deliver superior end user experience, resulting in increased business productivity, agility and reduced costs for IT.
The managed services model allows Wipro to deliver optimal cost-effectiveness and reliability to its customers by monitoring, maintaining, and managing services continuously. Wipro's managed SD-WAN #WANFreedom services are enabled by Cisco's global Secure SD-WAN Managed Services Partner (MSP) Program.
Stephen Kneebone, Global CIO, Olympus , said, “As we move into a world where businesses are focused on being more resilient by accelerating digital transformation, we believe that we are keeping pace with the change. Our cloud adoption and application migration initiatives demand high performance from the network. With Wipro, we have embarked on our WAN transformation journey that improves application experience and reduces our OPEX as Wipro’s #WANFreedom solution standardizes our global WAN spread across 40+ countries. Wipro’s centralized platform for contract management will consolidate our service providers and is expected to provide up to a 30 percent cost reduction.”
Kiran Desai, Senior Vice President, Cloud and Infrastructure Services, Wipro Limited , said, “We are excited to be selected by Olympus as their SD-WAN transformation partner. Wipro’s #WANFreedom provides comprehensive lifecycle services spanning consulting, planning and design, implementation, and managed network services. Our as-a-service model powered by integrated automation platform will create a cognitive digital networking infrastructure for Olympus, which is secure and dynamic. Its enhanced capabilities will help Olympus gain flexibility to access multi-cloud services, reduce overhead, and support new applications in its digital transformation journey.”
Scott Harrell, Senior Vice President and General Manager of Cisco's Intent-Based Networking Group , said, "As organizations adopt the cloud for key applications, their WAN architecture must also evolve to provide the best experience for their users and improved efficiency for their organizations. Agility and security are paramount in this transition. Through Cisco's secure SD-WAN technology and Cisco's new Service Creation Program for partners, Wipro can help customers like Olympus secure their connectivity to multiple clouds, optimize their application experiences and accelerate their digital transformation journeys."
About Wipro Limited
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics, and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability, and good corporate citizenship, we have over 180,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future. For more information, please visit www.wipro.com
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Forward-looking and Cautionary Statements
The forward-looking statements contained herein represent Wipro’s beliefs regarding future events, many of which are by their nature, inherently uncertain and outside Wipro’s control. Such statements include, but are not limited to, statements regarding Wipro’s growth prospects, its future financial operating results, and its plans, expectations and intentions. Wipro cautions readers that the forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from the results anticipated by such statements. Such risks and uncertainties include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, complete proposed corporate actions, 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. The conditions caused by the COVID-19 pandemic could decrease technology spending, adversely affect demand for our products, affect the rate of customer spending and could adversely affect our customers’ ability or willingness to purchase our offerings, delay prospective customers’ purchasing decisions, adversely impact our ability to provide on-site consulting services and our inability to deliver our customers or delay the provisioning of our offerings, all of which could adversely affect our future sales, operating results and overall financial performance. Our operations may also be negatively affected by a range of external factors related to the COVID-19 pandemic that are not within our control. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission, including, but not limited to, Annual Reports on Form 20-F. These filings are available at 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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