Wipro Launches Industry-Specific Solutions as Extensions to SAP® Leonardo
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced the launch of industry-specific solutions on SAP® Leonardo. The first set of solutions will focus on the utilities industry, while the next will cover the consumer and manufacturing industries.
SAP Leonardo is a holistic digital innovation system that comprehensively integrates future-facing technologies and capabilities into SAP Cloud Platform. Wipro will leverage SAP Leonardo themes such as IoT, blockchain, machine learning, Big Data, insights and analytics to build solutions that will support insight-driven decision-making for customers. To begin with, Wipro and SAP are jointly developing use cases that leverage blockchain technology for the utilities industry.
Wipro plans to build microservices as extensions to the SAP Leonardo portfolio on SAP Cloud Platform. These microservices will be aligned with SAP’s future product roadmap.
As part of the partnership, Wipro will develop industry-specific analytics “apps” on its insights-as-a-service solution, Data Discovery Platform, leveraging SAP Leonardo analytics, Big Data and data intelligence capabilities.
Bhanumurthy B.M., President and Chief Operating Officer, Wipro Limited, said, “We are keen to leverage SAP Leonardo to drive innovation for our customers. Given our strengths in blockchain, IoT, machine learning and analytics, and our long-standing partnership with SAP, we believe that we are well positioned to build industry-specific digital solutions to power our customers’ transformation journey.”
“With SAP Leonardo, we support our customers in implementing differentiated digital solutions,” added Bernd Leukert, member of the Executive Board of SAP SE, Products & Innovation. “An excellent technical foundation, integration into core business processes and a strong ecosystem are imperative to succeed in the digital economy. Joining forces with Wipro is a great example of collaboration to realize business value for our customers using technologies such as IoT, machine learning and blockchain.”
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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Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
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