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Wipro Positioned as a Leading Player in 'Zinnov Zones 2017 for Media and Technology'

Posted On: 2018-09-11 21:56:07

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has been positioned as a leading player in 'Zinnov Zones 2017 for Media and Technology', for the third consecutive year.

The Zinnov study evaluated more than 12 global IT and engineering service providers from across the globe in eight industry and six technology segments. The evaluation was done basis key parameters such as product development capabilities, innovation, client relationships, human capital, financials, ecosystem linkages, infrastructure, non-linear strategy and business sustainability.

Wipro has been recognized in the leadership zone in all eight industry segments - New Media, Education, Marketing and Advertising, Publishing, Broadcasting, Information Services, Gaming and Entertainment. Zinnov also recognized Wipro's strong industry positioning in upcoming technology areas such as blockchain and immersive technologies. The study reiterated Wipro's leadership position in next-generation technologies such as content security, over-the-top (OTT) video, intelligence platforms & solutions, and experience engineering.

"Wipro has established itself as a leader across verticals in the media space. Its capabilities to deliver end-to-end services with scale and constant endeavour to differentiate offerings have translated to contract wins with large enterprises over the years. Further, significant investments towards building capabilities across next-generation areas such as digital, cyber security, and blockchain have enabled Wipro to cement its position as a strategic partner of choice amongst the enterprise community," said Sidhant Rastogi, Partner & Practice Head, Zinnov.

Malay Joshi, Vice President, New Age, Media and Education verticals, Wipro Limited said, "We are excited about retaining our leadership position in Zinnov Zones 2017 for Media and Technology. Our investments and wins in the new age, marketing & advertising, education and broadcasting sectors have enabled us to achieve this recognition. Our innovative solutions and partnership models are helping our clients optimize costs and build new revenue streams."

Srini Pallia, President, Consumer Business Unit, Wipro Limited said, "Wipro's recent acquisitions including Appirio, Cooper, Designit, and investments in the startup ecosystem through Wipro Ventures have helped us stay at the forefront of digital technologies and make forays into newer market segments and geographies. We have successfully been able to build synergies between different consumer verticals and deliver exceptional value to our clients. This recognition from Zinnov is a testimony to Wipro's commitment, investments and client outcomes."

Shares of WIPRO LTD. was last trading in BSE at Rs.323.35 as compared to the previous close of Rs. 324.9. The total number of shares traded during the day was 148791 in over 1975 trades.

The stock hit an intraday high of Rs. 327.95 and intraday low of 322.4. The net turnover during the day was Rs. 48340205.

Source: Equity Bulls

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