Wipro Recognized as a Leader in Artificial Intelligence Consultancies by Independent Research Firm
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, has been recognized as a “Leader” by global research and advisory firm Forrester Research Inc. in its report, The Forrester Wave™: AI Consultancies, Q3 2019.
The firm evaluated participating companies by researching, analyzing and scoring them on 23 different criteria across three main categories – current offering, strategy and market presence.
The report highlights that, “Wipro comes to the table with strategic approaches and best practices to engage the right internal experts and stakeholders, according to clients.” The report also states that Wipro’s “emphasis on culture in the engagement is its strength and translates into helping clients develop their own AI culture and Centre of Excellence.” Additionally, the report notes that “Client case studies demonstrate Wipro is not only about AI theory; its developers do a lot of basic blocking and tackling.”
Addressing pricing concerns in what is a niche and specialized skill, Wipro offers a number of value-based pricing models designed around product delivery. The company leverages a broad range of Intellectual property (IP)-based platform offerings augmented by a flexible business model through Topcoder, enabling clients to tap into data science and development skills on demand. It has also extended Wipro HOLMES™ AI platform and Data Discovery Platform (DDP) to support executive stakeholder requirements, delivering business-centric and industry-oriented solutions.
Commenting on Wipro’s recognition in the Forrester report, Jayant Prabhu, Vice President and Global Head, Data, Analytics & AI, Wipro Limited said, “We have been at the forefront of successfully driving business innovation and transformation for our clients towards being Intelligent Enterprises with an innovative Topcoder delivery model. Augmenting our integrated AI, design, data and analytics narrative, backed by our domain consulting experience and powerful platforms, DDP and Wipro HOLMES™, we are succeeding in increasing traction in the AI and analytics space.”
Phil Dunmore, Managing Partner and Head of Global Consulting Group, Wipro Limited said, “AI and Intelligent Automation is changing the very fabric of society, business, and governance. It is disrupting processes, creating new business models and delivering exceptional customer experiences. One of the major hurdles in harnessing the power of AI by businesses is the challenge posed by change adoption and scaling AI culture to enterprise level. Using AI led Automation Advisory and Wipro HOLMES™ platform, we help enterprises overcome these challenges by creating outcome-based roadmaps, agile delivery, innovative service models and seamless customer experience. Our customers have spoken on our behalf in this report and we believe that being recognized as a Leader in the Forrester Wave is a testament to our AI and Automation transformation and consulting services capabilities.”
Click here to access the Forrester report.
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 175,000 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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