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 as a 'Leader' in the NelsonHall Vendor Evaluation & Assessment Tool (NEAT) report for Big Data & Analytics 2017. The report authored by Dominique Raviart was published in January 2017.
NelsonHall Vendor Evaluation & Assessment Tool (NEAT) analyzes the performance of vendors who offer Big Data & Analytics services, as part of their IT services portfolio. The tool helps strategic sourcing managers assess the capability of vendors across a range of criteria and business situations and identify the best performing vendors, overall, with a specific focus on platforms & accelerators, operational improvement, new business models, and efficiency improvement. Vendors that exhibit both a high ability relative to their peers to deliver immediate benefit and a high capability relative to their peers to meet clients' future requirements, are classified as Leaders.
The report evaluated 11 different software vendors on a combination of analyst assessment and feedback, collated from client interviews. Dominique Raviart, ITS Practice Director at NelsonHall and author of Big Data and Analytics NEAT report 2017 said, "We welcome Wipro's undertaking to automate big data and analytics services and activities, and the development of its Data Discovery Platform. It maintains its automation effort, creating IP-based use cases. An interesting development will be how Wipro will be able to use its background in product engineering services to handle the large volumes of data and transactions that will characterize big data in the future."
The vendor analysis for Wipro is available here.
Pallab Deb, Vice President & Global Head, Analytics – Wipro Limited said, "Wipro's position as a 'Leader' in the NEAT report is a validation of our industry focused Insights-as-a-Service offerings, investments in data engineering platforms and a strong partner eco-system. With enterprises becoming more and more business outcome-driven, Wipro's Analytics business has been at the forefront of delivering business value. These are exciting times for digital investments, and we are committed to continued innovation, and optimizing and accelerating our customers' analytics-led digital transformation journey."
About Wipro Limited
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading information technology, consulting and business process services company that delivers solutions to enable its clients do business better. Wipro delivers winning business outcomes through its deep industry experience and a 360-degree view of "Business through Technology." By combining digital strategy, customer centric design, advanced analytics and product engineering approach, Wipro helps its clients create successful and adaptive businesses. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, Wipro has a dedicated workforce of over 170,000, serving clients across 6 continents. For more information, please visit www.wipro.com
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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