Wipro Technologies, the global Consulting, System Integration and Outsourcing business of Wipro Limited /quotes/comstock/13*!wit/quotes/nls/wit (WIT 14.06, +0.02, +0.14%) , today announced that it has been awarded an Oracle North America Titan Award for the Human Capital Management Solution category. Oracle's Titan Awards recognize leading partners in North America, honoring solutions delivered in 2010. The award was given at a North American Partner award ceremony at Oracle OpenWorld on the 19th of September.
"We are honored to be recognized by Oracle as a Titan Award winner," said Preet Takkar, Global Head PeopleSoft and JD Edwards services, Wipro Technologies. "Despite the challenging global business environment, we delivered value to customers again and again, which demonstrates our deep commitment and success as one of Oracle's Platinum partners globally. This award would add new dimensions to our already very strong relationship with Oracle. Going forward, Wipro will continue to innovate and evolve by investing in people, process and intellectual properties across the Oracle landscape."
Wipro's experience in the Human Capital Management space has helped complex organizations not only in identifying the right Human Resources package for their organization but also standardizing disparate and complex HR systems across the organization.
"Wipro has capabilities across the entire portfolio of Oracle Products," said Tyler Prince, Group Vice President, North America Sales, Applications and Public Sector Alliances and Channels, Oracle. "Wipro and Oracle have been working together to deliver world-class solutions to our customers across industries. Wipro's domain expertise along with the sound knowledge of Oracle products has helped customers solve their business challenges."
Wipro is a leading Oracle services provider, rated by independent industry analysts as a leader in Oracle services. Wipro provides services from rack to stack across the Oracle product suite. Wipro has also worked with Oracle for their best of breed HR solution on Oracle's PeopleSoft platform called Wipro's SimPlify which was launched last year.
About Oracle PartnerNetwork
Oracle PartnerNetwork (OPN) Specialized is the latest version of Oracle's partner program that provides partners with tools to better develop, sell and implement Oracle solutions. OPN Specialized offers resources to train and support specialized knowledge of Oracle products and solutions and has evolved to recognize Oracle's growing product portfolio, partner base and business opportunity. Key to the latest enhancements to OPN is the ability for partners to differentiate through Specializations. Specializations are achieved through competency development, business results, expertise and proven success.
To find out more, visit http://www.oracle.com/partners.
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About Wipro
Wipro Technologies, a division of Wipro Limited /quotes/comstock/13*!wit/quotes/nls/wit (WIT 14.06, +0.02, +0.14%) , is the first PCMM Level 5 and SEI CMM Level 5 certified global IT services organization. Wipro Technologies was recently assessed at Level 5 for CMMI V 1.2 across offshore and onsite development centers. Wipro is one of the largest product engineering and support service providers worldwide. Wipro provides comprehensive research and development services, IT solutions and services, including systems integration, information systems outsourcing, package implementation, software application management, and datacenter managed services to corporations globally. In the Indian market, Wipro is a leader in providing IT solutions and services for the corporate segment in India, offering system integration, network integration, software solutions and IT services.
Wipro also has a strong presence in niche market segments of consumer products and lighting. In the Asia-Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro's ADS' are listed on the New York Stock Exchange, and its equity shares are listed in India on the Stock Exchange - Mumbai, and the National Stock Exchange.
For more information, please visit our website at 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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