Business Services Industry
Wipro and SAS Team up for Industry Specific Business Intelligence Solutions
Business Wire, Nov 18, 2004
BANGALORE, India -- Wipro Technologies, the global IT services division of Wipro Limited (NYSE:WIT) has entered into a strategic technology alliance with SAS, market leader in business intelligence software, to provide a range of business intelligence (BI) applications -- from intelligence storage to analytics, data integration, and query and reporting capabilities using the SAS Intelligence platform.
With this alliance, Wipro aims to meet the diverse needs of its customers by effectively leveraging the industry specific intelligence services offered by SAS platform. Both the companies will evolve common solution specific strategy to help companies gain unique and strategic insights into their customers, suppliers and internal infrastructure to drive value and gain a competitive advantage.
Commenting on the strategic alliance with Wipro Limited, George Varghese, Head -- Marketing & Alliances, SAS India Pvt. Ltd. said, "This alliance builds on the complementary strengths of the two companies by combining the global leadership of SAS in the BI space and world-class, consulting, integration & solution delivery capabilities of Wipro, backed by their deep understanding & proven industry domain expertise. This partnership will create business teams which will deliver comprehensive solutions and lead the BI marketplace."
"Our customers are having an increasing need of a comprehensive BI platform addressing their predictive modeling, forecasting and data mining needs of their business data," said Vivek Bhasin, Vice President, Wipro Technologies. He also added that, "The SAS BI platform is a true fit for our customers needs with readily available Industry specific solution sets."
Wipro's business intelligence and data warehouse group works with over 100 global customers providing integrated solutions that empower knowledge workers to access data from existing production databases and applications across the enterprise using the power of advanced data warehousing and decision support solutions and services.
About Wipro Limited
Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services Company globally. Wipro provides comprehensive IT solutions and services, including systems integration, information systems outsourcing, package implementation, software application development and maintenance, and research and development 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 profitable 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 ADSs 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, among others. More information is available at www.wipro.com.
About SAS
SAS is the market leader in providing a new generation of business intelligence software and services that create true enterprise intelligence. SAS solutions are used at more than 40,000 sites -- including 96 of the top 100 of the 2003 Fortune Global 500 -- to develop more profitable relationships with customers and suppliers; to enable better, more accurate and informed decisions; and to drive organizations forward. SAS is the only vendor that completely integrates leading data warehousing, analytics and traditional BI applications to create intelligence from massive amounts of data. For nearly three decades, SAS has been giving customers around the world The Power to Know(R). For more information, visit www.sas.com
Forward-looking and cautionary statements
Certain statements in this release concerning our future growth prospects and our ability to successfully complete and integrate potential acquisitions 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 our ability to integrate and manage acquired IT professionals, our ability to integrate acquired assets in a cost effective and timely manner, fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect 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, , liability for damages on our service contracts, the success of the companies in which Wipro has made strategic investments, withdrawal of fiscal governmental incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our 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. Wipro 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. Wipro does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the company. For further information, please visit our websites at www.wipro.com, www.wiprocorporate.com and www.wipro.co.in.
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