Wipro Marks 25 Years of Partnership With Cisco; Launches Cisco Business Unit

(BUSINESS WIRE)-- Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting, and business process services company, is celebrating the 25th anniversary of its business partnership with Cisco (NASDAQ: CSCO), the worldwide leader in technology that powers the Internet. To commemorate this milestone, Wipro is launching the Cisco Business Unit that will focus on the development and adoption of end-to-end digital transformation solutions leveraging Cisco technologies for customers. This strategic initiative demonstrates Wipro’s commitment to its business relationship with Cisco. Also, it is a growth accelerator for the successful and well-established 360-degree partnership of several years.

Over the course of 25 years, Wipro has focused on delivering its transformative service capabilities across Digital, Cloud, Security, and Engineering, which are aligned with Cisco’s operational priorities. Wipro and Cisco co-develop communications, infrastructure, and security solutions that combine Cisco's industry-leading network and security products with Wipro's global system integration, IT consulting, and industry domain expertise. The synergy of this partnership has made Wipro one of the most preferred digital transformation partners for customers across the globe. Wipro, a gold-certified Cisco partner, is among the top 10 GSI partners of Cisco.

The Cisco Business Unit will provide a full stack of industry offerings aligned to customers’ needs. Key solutions and digital accelerators include Intent-Based Networking, Digital Workplace Virtualization, Hybrid Cloud, Application Transformation, Security and Enterprise 5G.

Oliver Tuszik, Senior Vice President, Global Strategic Partner Organization, Cisco, said, “As a key partner, Wipro has consistently innovated its business model by leveraging its diverse Cisco capabilities to deliver end-to-end digital solutions that enable customers’ business outcomes. Wipro has also pioneered the adoption of Cisco’s critical software and digital solutions—not just for its global customers’ usage but to enhance its internal IT architecture as well. With today’s current global challenges and rapidly evolving customer needs, the launch of Wipro’s Cisco Business Unit will ensure that the best of Cisco and Wipro are available to our customers through innovative joint solutions and consumption-based business models.”

Kiran Desai, Senior Vice President and Global Head, Cloud and Infrastructure Services, Wipro Limited, said, “Our strategic partnership with Cisco is built on a strong foundation of mutual trust, governance and joint investments in next-generation industry solutions. The Cisco Business Unit is a step forward in our relationship with Cisco. It will help our customers overcome disruptions in their operations, scale rapidly and transform their IT environments for greater business outcomes. Through our shared vision for delivering best-in-class customer experience, our integrated offerings with Cisco enable an end-to-end solution for digital business.”

Wipro’s Cisco Business Unit will help customers adopt digitization, improve time to market, drive customer experience and realize business benefits by rapidly bringing down operational costs. The new unit has a competitive workforce trained through Cisco professional certifications. By committing its best resources through this dedicated business unit, Wipro will ensure the success of Cisco’s strategic programs. Wipro and Cisco have also invested in innovation centres and labs across all major geographies to develop solution use-cases and deliver projects for customers.

Srini Pallia, CEO – Americas, Wipro Limited, said, “Our 25 years of partnership with Cisco is a testimony to Wipro’s ability to keep pace with changes in the business and technology worlds, and the launch of the Cisco Business Unit reinforces that proficiency. With a focus on driving go-to-market in all our major strategic geographies, Wipro will invest in developing end-to-end platform-as-a-service solutions utilizing the full-stack of Cisco's industry-leading technologies to accelerate the digital journey of our customers from planning to execution.”

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 180,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future. For more information, please visit www.wipro.com

Forward-looking and Cautionary Statements

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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