NY-WIPRO-LIMITED
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced it is collaborating with Oracle to launch Wipro Zero Cost Transformation , a new offering that helps organizations migrate to the cloud. Wipro is a member of Oracle PartnerNetwork (OPN).
As enterprises seek to generate value from the cloud, their journey is often hindered by excessive costs, ineffective implementations and slow processes. With Wipro’s Zero Cost Transformation, companies can migrate their workloads to Oracle Cloud Infrastructure (OCI) with lower cost, shift from a Capital expenditures (CapEx) to Operating expenses (OpEx) model, and benefit from application and infrastructure support provided under a managed-services framework.
Zero Cost Transformation eliminates the challenge of dealing with multiple service providers for cloud migration and support. It also provides a seamless and risk-mitigated migration, as Wipro is an Oracle Managed Service Expertise partner and has increased its Oracle Cloud certifications consultants by 400% in less than three years.
The new offering, delivered in collaboration with Oracle, provides organizations access to best-in-class enterprise security and technology innovation. Built on Wipro’s six-step migration methodology and proprietary tools and accelerators, the solution enables a fast and secure migration to OCI with reduced total cost of ownership .
Harish Dwarkanhalli, President, Applications & Data, Wipro Limited said, “As the cloud takes on strategic importance, we are committed to making the transition as easy as possible for organizations worldwide. The launch of the Zero Cost Transformation offering for OCI is a testament to Wipro’s partnership approach with customers. We look forward to developing further solutions with Oracle that empower companies to embrace the cloud quickly, effectively, and with an eye toward value.”
Doug Smith, Senior Vice President, Strategic Partnerships, Oracle said, “Zero Cost Transformation, a unique offering from Wipro, enables organizations to leverage the power of the cloud to meet rapidly changing market and business needs. We strongly believe that organizations that are invested in the Oracle on-premise landscape and are seeking the opportunities offered by the Oracle Cloud will benefit from this initiative.”
Phil Fersht, Founder and CEO, HFS Research said, “There is simply no option but to have a transformation plan to manage data and design processes in the cloud to keep companies operating effectively in the new reality. In this Work-from-Anywhere Economy, our global talent has to come together to create a borderless, completely digital business; this is the true environment for real digital transformation in action. The Wipro/Oracle partnership removes many of the cost, quality and time barriers those companies could experience and is a positive step forward to enable global enterprises to embrace their cloud future.”
Note: The Zero Cost Transformation offering is subject to certain terms and conditions.
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 200,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.
About Oracle PartnerNetwork
Oracle PartnerNetwork (OPN) is Oracle’s partner program designed to enable partners to accelerate the transition to cloud and drive superior customer business outcomes. The OPN program allows partners to engage with Oracle through track(s) aligned to how they go to market: Cloud Build for partners that provide products or services built on or integrated with Oracle Cloud; Cloud Sell for partners that resell Oracle Cloud technology; Cloud Service for partners that implement, deploy and manage Oracle Cloud Services; and License & Hardware for partners that build, service or sell Oracle software licenses or hardware products. Customers can expedite their business objectives with OPN partners who have achieved Expertise in a product family or cloud service. To learn more visit: http://www.oracle.com/partnernetwork
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Forward-looking 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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