Business management

Wipro launches technology business management practice in collaboration with Apptio

Provide solutions that improve companies’ understanding of the cost, quality and value of their technology investments

New York, United States and Bangalore, India – October 21, 2021: Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a global leader in information technology, consulting and business process services, has announced the launch of a Technology Business Management (TBM) Practice as part of its strategic relationship with Apptio, a leading provider of technology business management (TBM) solutions that help organizations analyze, optimize and plan technology spend.

TBM provides technology leaders with valuable information, data and standards to communicate the cost, quality and value of technology investments to business partners. It is an essential part of any overall business strategy and enables IT to evolve into a service organization. IT as a Service Organization (ITaaSO) is a new operating model based on the specific use of infrastructure or technologies by an enterprise and focused on creating value in a cost effective manner.

Wipro will work with Apptio to guide customers’ digital transformation through three Apptio solutions: ApptioOne, Cloudability and Targetprocess SaaS. This suite will provide companies with actionable insights into their technology investments to make business decisions and innovate across their organization.

“As part of Wipro’s CIO Advisory practice, our full range of TBM services will go beyond technology deployments, the cloud or digital transformation initiatives. We view TBM as a fundamental part of the organization’s DNA throughout the IT operating model, equipping IT teams to function as efficiently as possible with the IT model as a service organization, ”said David Kenner, GM & Global Head CIO Advisory, Wipro Limited.

“Apptio’s TBM Consulting Partners help companies define their strategy and vision while enabling organizations to codify TBM as part of their day-to-day operating model. We are delighted to be working with Wipro as it expands its focus and capabilities of TBM, creating more value for our mutual customers, ”said Dave Scholtz, Vice President of Strategy and Global Partner Operations, Apptio.

By considering all aspects of modern business processes, including organizational change management, Wipro provides a single solution encompassing TBM, IT financial management and service transformation to align customers’ IT practices and priorities with their business goals to ensure the business supports IT and vices. versa.

About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process 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 succeed. A company recognized worldwide for its comprehensive portfolio of services, its strong commitment to sustainable development and good corporate citizenship, we have more than 220,000 dedicated employees serving clients on six continents. Together, we discover ideas and connect the dots to build a new, better and daring future.

Media contact:

Sandeep Deb Varman

Wipro Limited

[email protected]

Forward-looking statements

The forward-looking statements contained in this document represent Wipro’s beliefs regarding future events, many of which by their nature are inherently uncertain and beyond the control of Wipro. Such statements include, but are not limited to, statements regarding Wipro’s growth prospects, its future operating financial results and its plans, expectations and intentions. Wipro cautions readers that the forward-looking statements contained in this document are subject to risks and uncertainties which could cause actual results to differ materially from the results anticipated by such statements. These risks and uncertainties include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, income and earnings, our ability to generate and manage growth, proposed corporate actions, intense competition in IT services, our ability to maintain our cost advantage, salary increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed price and term contracts, customer concentration , immigration restrictions, our ability to manage our international operations, reduced demand for technology in our key areas, disruptions in telecommunications networks, our ability to complete and integrate potential acquisitions, liability for damage to our service contracts, the success of companies in which we make strategic investments gics, withdrawal of government tax incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India dia, unauthorized use of our intellectual property and terms general economic effects affecting our business and our industry. Conditions caused by the COVID-19 pandemic could reduce technology spending, negatively affect demand for our products, affect customer spending rate, and could negatively affect our customers’ ability or willingness to purchase our offerings, delay purchasing decisions of potential customers, negatively affect our ability to provide on-site consulting services and our inability to deliver to our customers or delay the provision of our offerings, which could negatively affect our future sales, our results of operations and our overall financial performance. Our operations may also be adversely affected by a series of external factors related to the COVID-19 pandemic that are not under our control. Additional risks that could affect our future results of operations are described in more detail in our filings with the United States Securities and Exchange Commission, including, but not limited to, the annual reports on Form 20- F. These files are available on www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in documents filed by the Company with the Securities and Exchange Commission and in our reports to shareholders. We do not undertake to update any forward-looking statements that may be made from time to time by us or on our behalf.

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