Wipro Technologies, the Global Information Technology, Consulting and Outsourcing business of Wipro Limited (NYSE: WIT), announced the launch of 'Wipro SprintHR', a cloud based technology offering used to deploy Oracle Fusion Human Capital Management. It is available as a SaaS model and is designed to help enable enterprise customers transform their HR processes. Leveraging its strong relationship with Oracle and co-development experience on Oracle Fusion Applications, Wipro SprintHR helps significantly reduce cost and deployment timelines.
Based on Wipro's proven rapid deployment framework for cloud applications, Wipro SprintHR is a productized service that helps customers configure the functional scope and deploy this solution, with little impact on business continuity. It offers a unique and powerful blend of Fusion Human Capital Management (HCM) modules that include HCM processes such as Talent Management, Benefits Management and Core HR administration.
"Managing talent is critical to any business and there is a need for rapid deployment of powerful solutions that will help customers optimally leverage their human capital. Wipro SprintHR Solution not only helps customers deploy a comprehensive HCM system, but will continue to provide the latest features and functionalities of Oracle Fusion HCM with low risk and flexible options. Also, by choosing a simple subscription model, customers can shift from a 'capital intensive' to a 'predictable operating expense' model with limited investments required in advance," said Raja Ukil, Vice President and Global Head, Oracle and Enterprise Applications, Wipro Technologies.
"In today's rapidly changing business environment, HR organizations are responding by building 21st Century HR operations through the adoption of new technologies, strategies and models," said Gretchen Alarcon, Vice President, Oracle HCM Strategy. "Oracle Fusion HCM capabilities combined with Wipro's extensive experience in optimizing and integrating cloud based solutions, will give customers the benefit of a modern HCM SaaS solution that can help reduce time to value."
Cloud computing is a major driver of a new wave of innovation at Wipro and the company has helped customers adopt and integrate cloud services into their enterprise systems. Wipro is also working closely with customers to provide IT management services. As per a Forrester report*, the Software as a Service (SaaS) market today represents the largest public cloud market by far, with USD 21.2 billion in total revenues in 2011. By 2016, SaaS will have total revenues of USD 92.8 billion - accounting for roughly 26% of the total packaged software market.
Wipro is a Diamond level member of Oracle PartnerNetwork (OPN).
*Forrester Research, Inc. Report "Sizing the Cloud: Understanding and Quantifying The Future Of Cloud Computing," published April 21 2011
About Wipro Technologies
Wipro Technologies, the global IT
business of Wipro Limited (NYSE:WIT) is a leading Information
Technology, Consulting and Outsourcing company, that delivers solutions
to enable its clients to do business better. Wipro Technologies delivers
winning business outcomes through its deep industry experience and a 360
degree view of "Business through Technology" - helping clients create
successful and adaptive businesses. A company recognized globally for
its comprehensive portfolio of services, a practitioner's approach to
delivering innovation and an organization wide commitment to
sustainability, Wipro Technologies has 131,000 employees and clients
across 54 countries. For more information, please visit www.wipro.com.
About Oracle PartnerNetwork
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business opportunity. Key to the latest enhancements to OPN is the
ability for partners to differentiate through Specializations.
Specializations are achieved through competency development, business
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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.
Wipro Technologies
India:
Dirk
Lewis, +91- 7760983976
dirk.lewis@wipro.com
or
US:
Eric
Belove, +1 732 216 6242
eric.belove@wipro.com
or
UK:
Rahul
Kadavakolu, +44 7920205496
rahul.kadavakolu@wipro.com