Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced the launch of its @now Studio in partnership with ServiceNow to support digital transformations for customers, increase innovation, and develop unique industry solutions.
The @now Studio leverages ServiceNow’s digital workflows and simplified processes to develop customized solutions. The studio will focus on building competencies, serving as a platform to develop and showcase solutions, accelerating co-selling and co-creation with ServiceNow, and leveraging the ecosystem including universities and leading start-ups. Additionally, there will be a focus on ServiceNow Global Risk & Compliance and Security Operations to help clients protect their data and remain secure.
The @now Studio is located at Wipro’s Technology Center in Plano, Texas where Wipro has a state-of-the-art facility focused on developing niche capabilities in new and emerging technologies. The Technology Center serves as a hub for advanced analytics and cloud technologies and is the company’s US cyber security center. This is Wipro’s first @now Studio. There are plans to launch additional studios in Europe and APMEA in the coming months.
The @now Studio also supports Wipro’s continued efforts to create jobs throughout Texas and hire graduates from universities including the University of Texas at Dallas, University of Texas at Austin, University of North Texas, and University of Houston.
Robert Allen, President and CEO, Texas Economic Development Corporation said, “Today’s celebration marks an impressive journey for one of the world’s leading IT companies. Over the past several years, Wipro has grown significantly throughout Texas and the DFW region. Texas continues to be the perfect fit for Wipro as they build capabilities to help their customers innovate, optimize and modernize.”
Nagendra Bandaru, Managing Partner – iCORE, Wipro Limited said, “We are excited to strengthen our partnership with ServiceNow. We look forward to leveraging the @now Studio to increase our ServiceNow capabilities, build solutions across industries, and help our customers simplify processes and automate their workflows. We are also thrilled to expand our presence in Texas and leverage the ecosystem the state has to offer. The Studio also represents an expansion of our cybersecurity capabilities and leverages the local workforce to accelerate innovation. Our collaboration with local universities will enhance employment opportunities and expand our intellectual property in cybersecurity.”
David Parsons, Senior Vice President, Global Alliances & Partner Ecosystem, ServiceNow said, “With companies across the world looking to improve business outcomes and experiences, we are proud to partner with Wipro to launch their @now Studio. This will serve as a great platform to help our clients accelerate their digital transformation journeys.”
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 200,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.
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.