Nokia Siemens Networks and Wipro's New IT Partnership Model Wins Global
Telecoms Business Innovation Award 2013
LONDON and BANGALORE, India, June 13, 2013
LONDON and BANGALORE, India, June 13, 2013 /PRNewswire/ --
Wipro Ltd. (NYSE:WIT), a leading global Information Technology, Consulting and
Outsourcing company, and Nokia Siemens Networks, the world's specialist in
mobile broadband, have jointly won the Global Telecoms Business (GTB)
Innovation Award 2013 in the 'Wholesale Service Innovation' category for the
IT R&D Partnership Project. Global Telecoms Business is a leading UK-based
publication that covers the telecom industry.
(Logo: http://photos.prnewswire.com/prnh/20121129/579804 )
Nokia Siemens Networks decided to reposition its IT function to enable the
company's overall business transformation and to renew its enterprise
architecture. Nokia Siemens Networks IT organization created a truly
innovative IT business model based on a self-guiding partner ecosystem for
service delivery, where service providers and Nokia Siemens Networks IT are
bound by jointly shared key performance indicators. They reflect Nokia Siemens
Networks' business targets and ensure focus on architectural innovation, far
beyond traditional outsourcing. Even the measurement of service performance is
based on supplier-independent end-to-end business service availability and no
longer on traditional service level agreements.
Wipro was selected as the provider of the R&D-related IT thanks to their
integrated solution with a strong commercial model. It includes elements of
shared business risk, a best-in-class transition plan and innovative
transformational initiatives. The Wipro solution helps Nokia Siemens Networks
remain competitive by shortening development cycles and reducingtime to
market for business critical product launches.
In presenting the Awards, Alan Burkitt-Gray, editor of Global Telecoms
Business , commented: "The telecoms industry has been one of the world's
biggest investors in research and innovation for 150 years and it is vital
that investment continues and grows, not just for the health of the industry,
but also so that people and businesses around the world can benefit from the
remarkable services that vendors, operators and their partners in the
ecosystem are developing. That's why we welcome this new move from Nokia
Siemens Networks and Wipro to help promote innovation in the industry to the
next level, and shorten the lead time for new products even further."
"We needed a fundamental change in the way both Enterprise and R&D related IT
were managed to support the company's transformation. Wipro showed great
enthusiasm for our approach and stepped up to the challenge in providing the
R&D related IT services," said Manfred Immitzer, CIO, Nokia Siemens Networks.
"It is great to receive this recognition from Global Telecoms Business."
"We continue to partner with Nokia Siemens Networks to support their
transformation and focus on mobile broadband. Wipro helps manage R&D tools,
applications and infrastructure, which is an integral part of Nokia Siemens
Networks' business. This accolade is a great compliment to our partnership,"
said Wipro's Jeff Heenan Jalil, VP and Head of the Telecom Equipment business.
"Wipro is currently delivering R&D services, which are contributing to
building and maintaining Nokia Siemens Networks' mobile broadband portfolio,
and helping them to implement their innovative IT business model."
About Wipro Ltd.
Wipro Ltd. (NYSE:WIT) is a leading Information Technology, Consulting and
Outsourcing 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"; helping
clients create successful and adaptive businesses. A company recognized
globally for its comprehensive portfolio of services, a practitioner's
approach to delivering innovation and an organization wide commitment to
sustainability; Wipro has over 140,000 employees and clients across 54
countries. For more information, please visit http://www.wipro.com .
About Nokia Siemens Networks
Nokia Siemens Networks is the world's specialist in mobile broadband. From the
first ever call on GSM, to the first call on LTE, we operate at the forefront
of each generation of mobile technology. Our global experts invent the new
capabilities our customers need in their networks. We provide the world's most
efficient mobile networks, the intelligence to maximize the value of those
networks, and the services to make it all work seamlessly.
With headquarters in Espoo, Finland, we operate in over 120 countries and had
net sales of approximately 13.4 billion euros in 2012.
Wipro's 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 http://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.
Media Contacts: Vipin Nair Wipro Limited +91-80-39916190 firstname.lastname@example.org
Dirk Lewis Wipro Limited +91-7760983976 email@example.com Nokia Siemens
Networks Media Relations Phone: +358-7140-02869 E-mail: firstname.lastname@example.org
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