Press release from Business Wire India
Source: WIPRO
Thursday, December 18, 2008 05:36 PM IST (12:06 PM GMT)
Editors: General: People; Business: Accounting & management consultancy services, Business services, Information technology; Technology
Release no: 18778
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Wipro Appoints New Global Head for Consultancy Division
Bangalore, Karnataka, India, Thursday, December 18, 2008 -- (Business Wire India) -- Wipro Technologies, the global IT services business of Wipro Limited (NYSE:WIT) announced the appointment of Kirk Strawser as Global Head, Wipro Consulting Services.
Kirk Strawser has more than 22 years experience in senior leadership roles in the consulting industry which include Americas Leader CRM for Ernst & Young, LLP, Global Leader CRM, Capgemini and in his most recent role as President- Consulting Services, Capgemini Americas.
Commenting on the appointment, T K Kurien, President, Wipro Consulting Services, Communication and Media, Global Programs and Strategic Initiatives, said, "We have seen a significant increase in demand for our consultancy business recently, especially for our cost optimization and business transformation services. We listened to our customers who were asking for higher level advisory services to complement our world class IT and BPO services. This helps set the agenda for strategic cost reduction, capital efficiency and customer experience in transformation related programs."
Commenting on his appointment, Kirk Strawser said, "The consulting market must undergo a "step change" in how we approach the business of teaming with our clients to manage cost, capital and customers. Clients want industry specific, integrated solutions (Consulting, IT, BPO) delivered using innovative, accelerated approaches that drive measurable improvements in critical metrics such as free cash flow and Return on Equity. Wipro is uniquely positioned to meet the new customer challenge through our core competencies in business transformation enabled through technology and continuous improvement in how these solutions and results are delivered. I'm excited to be a member of the Wipro team and look forward to continuing their outstanding tradition of "Applying Thought" to deliver high value to our customers."
Wipro Consulting Services (WCS) is a division of the Wipro Ltd (NYSE: WIT), a $5bn global enterprise. With 1200+ experts based in Europe, North America, Asia Pacific, Australia Middle East and India, WCS integrates Wipro's IT, BPO and Product Engineering services to provide solutions to global enterprises.
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 development, and maintenance 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 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 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 websites at www.wipro.com and www.wiprocorporate.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.
Media Contacts:
Wipro Technologies
India:
Radhika Mahadevan
Wipro Technologies
+91- 9945042603
radhika.mahadevan@wipro.com
Purvika Anand
Gutenberg Communications
+91 9901134441
purvika@gutenbergpr.com
US:
Lavanya DJ
Gutenberg Communications
+ 212).239.8740
lavanya@gutenbergpr.com
Eric Belove
Wipro Technologies
+ 1 (732).216.6242
eric.belove@wipro.com
UK:
Rahul Kadavakolu
Wipro Technologies
+44 792 020 5496
rahul.kadavakolu@wipro.com
Shalini Siromani
Gutenberg Communications
+44.79.6066.3200
shalini@gutenbergpr.com
KEYWORDS
PEOPLE, CONSULTANCY SERVICES, BUSINESS SERVICES, IT, TECHNOLOGY, 507685.BO
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