Wipro Positioned in ‘Winner’s Circle’ of HfS Blueprint Report on Embedded and Semiconductor Engineering Services
November 22 2017 - 8:11AM
Business Wire
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading
global information technology, consulting and business process
services company today announced that it has been positioned in the
‘Winner's Circle’ of Embedded and Semiconductor Engineering
Services’ by the leading analyst firm, HfS Research.
The report, titled ‘HfS Blueprint Report on Embedded and
Semiconductor Engineering Services', was authored by Pareekh Jain,
Senior Research Vice President, HfS Research. The firm evaluated
the capabilities of 20 service providers on Design, Development,
Testing, and Support Services.
The report is based on the feedback from customers who have
evaluated service providers based on their experience. The service
providers were also evaluated based on factors such as innovation,
execution and market share. In the report, HfS gives a market
analysis and highlights the key trends driving the embedded and
semiconductor engineering services. It also provides an insight
into the service provider dynamics.
This report is a testimony to the exemplary work carried out by
Wipro for more than two decades now. Wipro has strong service
offerings and consulting capabilities in the embedded and
semiconductor engineering space. Wipro’s ability to provide
integrated solution, incubate new technologies, end-to-end product
development capabilities, wide range of offerings and a strong
clientele are its key differentiators. The report recognizes
Wipro’s complete service range, capabilities, strong patent
portfolio and innovation credentials, investment in developing
workforce capability and client portfolio.
Pareekh Jain, Senior Research Vice President, HfS
Research said, “Wipro is an embedded and semiconductor industry
pioneer with more than 25 years of experience and has strong
capabilities across the value chain. They have a large partner
ecosystem with critical capabilities, for providing the full stack
of embedded and semiconductor services to clients. They are well
appreciated by the clients for going the extra mile with thorough
and detailed methodology to execution. Among all the service
providers included in our report, Wipro has the highest number of
clients across the geographies."
Anita Ganti, Senior Vice President and Global Head, Product
Engineering Services, Wipro Limited said, “We are delighted to
be listed as one of the leaders in the HfS Blueprint report. Our
deep domain expertise backed by innovative technological products
in the embedded and semiconductor space have enabled us to build a
large partner and client ecosystem. Wipro also has one of the
highest number of patents among the service providers in the
industry.”
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 160,000
dedicated employees serving clients across six continents.
Together, we discover ideas and connect the dots to build a better
and a bold new future.
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 our
earnings, revenue and profits, our ability to generate and manage
growth, 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. 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. 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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Wipro LimitedPurnima Burmanpurnima.burman@wipro.com
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