First-of-its-kind platform enables companies to
crowdsource digital projects to public, private, or certified
experts
Topcoder, the world’s largest workforce marketplace for
designers, developers, and data scientists, today announced the
launch of Hybrid Crowd, an extension of the Topcoder platform that
enables enterprises to crowdsource work to public, private, and
certified communities. Topcoder became a part of Wipro Limited
(NYSE: WIT, BSE: 507685, NSE: WIPRO) in November 2016.
Hybrid Crowd is a first-of-its-kind platform that combines the
power of Topcoder’s 1.2 million member global community with the
networks of technical talent that exist within every organization.
Enterprises now have access to an integrated platform for
crowdsourced talent which they can utilize to provision work to the
right people at any stage of a project.
“Freelancers and salaried employees are often thought of as
separate entities, and Hybrid Crowd twists that narrative by
combining the efforts of both groups to further increase
productivity and speed,” said Mike Morris, CEO, Topcoder.
“Hybrid Crowd represents a shift from a push to a pull model of
work, whereby workers are allowed to self-select opportunities to
contribute to projects that fit their interests, expertise, and
availability.”
Hybrid Crowd protects intellectual property (IP) on every
transaction by ensuring projects are available only to individuals
that meet all security and certification requirements. The platform
enables enterprises to leverage three types of crowdsourcing
communities:
- Public – Topcoder’s global
community, which includes specialist segments focused on quality
assurance, IoT, cognitive, and blockchain technologies.
- Certified – Members of the
public community who are vetted for a customer’s specific
requirements, such as signing an NDA, completing a background
check, or completing certifications.
- Private – An enterprise’s
employees, contractors, or vendors who earn compensation or awards
by completing work that necessitates physical access, specific
skills or knowledge, or other requirements.
A Cornerstone of Wipro
The Hybrid Crowd platform was born through Topcoder’s
integration with Wipro’s internal crowdsourcing platform, TopGear,
which was built to enable Wipro project managers to tap into Wipro
employees outside of their project teams to complete work. More
than 30,000 Wipro employees have joined TopGear, which is now
housed on the Topcoder Hybrid Crowd platform as a private
community.
“Topcoder and Hybrid Crowd are cornerstones of Wipro’s ongoing
digital transformation of both our own business and the services we
provide to our customers,” said K. R. Sanjiv, Chief Technology
Officer, Wipro Limited. “Hybrid Crowd enables our customer
teams to provide an even broader spectrum of digital services and
meet just-in-time requirements. It also gives our digital
transformation experts increased opportunities to learn new skills,
earn, and gain recognition by competing in crowdsourcing
competitions.”
In addition to leveraging the talent available within Wipro’s
private TopGear community, Wipro teams can now accelerate design,
coding, testing and data science projects by crowdsourcing work
from Topcoder’s public community — all through an integrated
platform.
About Topcoder
Topcoder, a Wipro company, is a workforce marketplace with 1.2
million developers, designers, and data scientists around the
world. For more than a decade, Topcoder has helped organizations —
including IBM, Honeywell, GE, BMC, Booz Allen, NASA Tournament Lab,
Harvard Medical School, U.S. Dept. of Energy and Land O’Lakes —
accelerate innovation, solve challenging problems and tap into
hard-to-find skills. Enterprises distribute work to our global
network through the Topcoder platform where individuals with the
right skills participate in competitions to win money, build
skills, and earn recognition. For more information, visit
www.topcoder.com.
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.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20171212005722/en/
Wipro LimitedPurnima Burmanpurnima.burman@wipro.com
Wipro (NYSE:WIT)
Historical Stock Chart
From Aug 2024 to Sep 2024
Wipro (NYSE:WIT)
Historical Stock Chart
From Sep 2023 to Sep 2024