Wednesday, October 20, 2010

Wipro a Strong Performer in Security and Risk Consulting Services -- Forrester

Wipro Technologies, the Global Consulting, System Integration and Outsourcing Business of Wipro Limited (NYSE: WIT) announced today that it has been recognized by Forrester Research, Inc., an independent research firm, as a strong performer in Security and Risk Consulting Services in a recently released report titled 'The Forrester Wave(TM): Information Security And Risk Consulting Services, Q3 2010'.

Forrester evaluated twelve global vendors providing Security and Risk Consulting Services across 75 criteria. The report states, "Wipro has made a significant dent in the consulting market by focusing on identity and access management (IAM) and then expanding much beyond."

Prasenjit Saha, Vice President and Global Head, Enterprise Security Solutions at Wipro Technologies, said, "We understand customers' priorities of keeping pace with evolving security threats and the changing regulatory environment. We believe the recognition by Forrester reinforces our commitment to address these challenges and our focus on investments that deliver innovative solutions which help our customers stay ahead of the curve." According to the report, security managers are turning to security consulting service providers not just to answer technology and implementation questions but also to answer questions on how to address consumerization, harness the power of social media, handle virtualization and understand cloud computing.

The report further states, "Wipro is the only Indian offshore provider with a standalone security consulting practice. While price remains a key differentiator, it has made significant progress in the North American and European markets. Its strength is in streamlining technologies and process in complex tactical security projects. It has developed some innovative consulting offerings in IAM and continues to provide value to clients in other areas such as data protection."

About Wipro

Wipro Technologies, a division of Wipro Limited (NYSE:WIT) 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.

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