Stock Report

Wipro Named an Industry Leader in ER&D for the 12th Consecutive Year by Zinnov

Posted On : 2022-05-13 17:36:02( TIMEZONE : IST )

Wipro Named an Industry Leader in ER&D for the 12th Consecutive Year by Zinnov

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company has been named a Leader in Engineering and Research & Development (ER&D) and Internet of Things (IoT) Services by global management consulting firm Zinnov, for the 12th consecutive year. The Zinnov Zones ratings provide an evaluation of global ER&D Service Providers based on their capabilities and coverage across a range of verticals and industry segments.

Wipro has a strong history of driving innovation in ER&D and IoT, two dynamic sectors that are critical to success in a hyperconnected, cloud-everywhere world. Having helped companies accelerate their time-to-market across the product, platform and technology lifecycle, Wipro was rated as a Leader across 25 different assessments in this year's Zinnov Zones ratings: Overall ER&D, Digital Engineering, AI Engineering, ER&D Services - US, Germany, Japan, Automotive, ADAS, Telematics, Consumer Software, Enterprise Software, Software Cybersecurity, Software Platform Engineering, Medical Devices, Telehealth, Semiconductor, Telecommunication, SDNNFV, OTT, Industrial, Digital Thread, AI/ML, IoT Services, Contactless Retail, Public Infrastructure.

"Zinnov's recognition of Wipro's engineering leadership across a broad range of sectors is a testament to our drive to provide the most effective, efficient and innovative services to clients worldwide. We are proud of Wipro being named a Leader for 12 consecutive years, even in emerging areas such as 5G, software-defined vehicles and smart devices," said Harmeet Chauhan, Senior Vice President and Global Head, Engineering and R&D Services, Wipro Limited.

"Wipro has a rich engineering heritage and is among the top global leaders in the ER&D space. The firm has definitively strengthened its position by bringing its offerings under a comprehensive umbrella and renewing its focus on winning large deals. It has been successfully driving high value transformation for its customers by leveraging connectivity, cloud & data platforms, and IoT. Additionally, its suite of chip2cloud offerings, along with its acquisition of Eximius, have made it a leading provider in the semiconductor engineering space. The organization's strong delivery muscle and expansive global presence has helped it anchor its 12th consecutive leadership position in the 2021 ER&D Zinnov Zones ratings," said Sidhant Rastogi, Managing Partner & Global Head, Zinnov.

Shares of Wipro Limited was last trading in BSE at Rs. 473.80 as compared to the previous close of Rs. 471.20. The total number of shares traded during the day was 251121 in over 9609 trades.

The stock hit an intraday high of Rs. 475.75 and intraday low of 462.15. The net turnover during the day was Rs. 118161959.00.

Source : Equity Bulls


Wipro INE075A01022 WIT IoTServices ResearchandDevelopment ZinnoZonesRatings