Wipro Positioned in the ‘Winner’s Circle’ of HfS Blueprint Report on Trust as a Service
Wipro Limited (NYSE:WIT), a leading global information technology, consulting and business process services company, today announced that it has been positioned in the 'Winner's Circle' by the leading analyst firm HfS Research, for its advanced information security capabilities in enabling digital trust for its customers.
Wipro's leadership position was included in HfS Research's October 2015 report titled "Blueprint Report on Trust as a Service," authored by Fred McClimans, Managing Director, Digital Trust, Consumer and Security Services at HfS Research. In the report, HfS Research assessed the capabilities of thirteen IT service providers, to cover the Digital Trust and Security market, with a focus on broad security abilities grounded by Managed Security Services and enhanced by overall information security, risk, and trust offerings. The Blueprint ratings are based on data points which are crowd sourced from buyers, providers, advisors and influencers of Managed Security Services.
The report notes Wipro’s differentiated ability to blend cybersecurity with end-to-end digital and business services designed to support specific business outcomes and integrate into non-security services. It particularly highlights Wipro’s potential to move quickly with emerging physical and digital services to address emerging, non-traditional, and behavioural threats.
“Driving ecosystem security through integrated security and digital frameworks, Wipro has a focus that aligns extremely well with the HfS Digital Trust Framework, and has backed it up with a business strategy that has helped position it very well,” said Fred McClimans.
Sheetal Mehta, Vice President & Global Head of Enterprise Security Solutions, Business Application Services, Wipro Limited, said, "As enterprises take the Digital leap, the greater role of security is to embed behaviour and trust in all the initiatives being taken. Wipro's inclusion in HfS Winner’s Circle reinforces our commitment towards security being an enabler of digital initiatives of the future. Our strategic investments in innovative security platforms, coupled with industry solutions and robust global delivery capability, empowers our customers to be secure and do business better.”
About Wipro Ltd.
Wipro Ltd. (NYSE:WIT) is a leading information technology, consulting and business process services company that delivers solutions to enable its clients to 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 a workforce of over 150,000, serving clients in 175+ cities across six continents. For more information, please visit www.wipro.com.
About HfS Research
HfS Research is the leading independent global analyst authority and knowledge community for the business and IT services industry. HfS serves the research and strategy needs of business and IT operations leaders across finance, supply chain, human resources, marketing, customer management, and core industry functions. HfS provides detailed and thoughtful analyst coverage of the various areas that impact successful business outcomes, namely, process automation and outsourcing, global business services frameworks, mobility, analytics, and social collaboration. HfS also focuses heavily on talent acquisition, development, and motivation strategies. HfS applies its acclaimed crowd-sourced Blueprint Methodology™ to evaluate the performance of service providers in terms of innovating and then executing against those business outcomes.
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.
Wipro Media Contact:
Prathibha Das, +91 80 39918073
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