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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 Gartner Magic Quadrant for Managed Workplace Services (MWS) reports, both in North America and Europe.
A total of 19 software vendors in the Magic Quadrant for Managed Workplace Services, Europe and 20 in the Magic Quadrant for Managed Workplace Services, North America were evaluated based on their visions, market understanding and strategy, innovation, and execution capabilities. Wipro has been positioned as a Leader in Europe for the second time and North America for the fourth consecutive year.
According to both the reports, "Leaders deliver their service solutions skillfully, have a clear vision of the direction of the service market, and are actively building and improving their competencies to sustain their leadership positions. The Leaders quadrant indicates the direction of the MWS market. However, most digital workplace offerings still have low adoption rates. Leaders have demonstrated their experience in delivering MWS and understand the requirements to successfully deliver these services. They have proved their Ability to Execute and their Completeness of Vision"
Kiran Desai, Senior Vice President and Global Head, Global Infrastructure Services, Wipro Limited, said, "It is exciting to be consistently named a ‘Leader’ in the Gartner reports for both North America and Europe. We believe this recognition highlights that our strategy of combined focus on enhancing employee experience and improving productivity, is helping our customers, across industry verticals, achieve significant business outcomes. We continue to invest in our product and platforms, such as LiVE Workspace™, Wipro virtuadesk™ and Intuitive Workspaces, to create an integrated ecosystem which enables hybrid work and increases employee engagement. Our focus on creating a lean, agile and outcome-driven delivery model will help us provide contextual business aligned services to our customers, governed by experience and business-level agreements."
Wipro’s LiVE Workspace™ solution is backed by a strong partner ecosystem. It helps enterprises shift from a traditional one-size-fits-all approach to a digitally empowered user-persona-centric workspace. The solution is an end-to-end standardized and integrated workplace offering consisting of pre-defined tools, technologies, platforms and processes. With it, users can access their business applications and data anywhere, anytime. The solution offers predictive and prescriptive analytics with advanced cognitive capabilities to identify, resolve, and manage critical applications and infrastructure.
Gartner Magic Quadrant for Managed Workplace Services, North America, Daniel Barros, Mark Ray, Stephanie Stoudt-Hansen, Tobi Bet, 24 February 2021
Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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 190,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect dots to build a better and a bold new future.
The forward-looking statements contained herein represent Wipro’s beliefs regarding future events, many of which are by their nature, inherently uncertain and outside Wipro’s control. Such statements include, but are not limited to, statements regarding Wipro’s growth prospects, its future financial operating results, and its plans, expectations and intentions. Wipro cautions readers that the forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from the results anticipated by such statements. Such risks and uncertainties include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, complete proposed corporate actions, 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. The conditions caused by the COVID-19 pandemic could decrease technology spending, adversely affect demand for our products, affect the rate of customer spending and could adversely affect our customers’ ability or willingness to purchase our offerings, delay prospective customers’ purchasing decisions, adversely impact our ability to provide on-site consulting services and our inability to deliver our customers or delay the provisioning of our offerings, all of which could adversely affect our future sales, operating results and overall financial performance. Our operations may also be negatively affected by a range of external factors related to the COVID-19 pandemic that are not within our control. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission, including, but not limited to, Annual Reports on Form 20-F. 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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