Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and management services company, today announces the extension of its strategic agreement with Credit Agricole CIB, the corporate and investment bank of the Crédit Agricole group.
This commitment is an extension of the relationship that Crédit Agricole CIB and Wipro have maintained for ten years. It will provide the Bank with an expanded team of Wipro experts to help manage its IT infrastructure.
Wipro will enable Crédit Agricole CIB to adopt the latest cloud technologies and agile practices to bring new products and services to market faster and improve customer satisfaction.
Thierry Delaporte, CEO and Managing Director, Wipro Limitedsaid : “This new agreement is a confirmation of our strong relationship with Crédit Agricole CIB. We remain determined to strengthen it and contribute to their transformation. Under the leadership of Graziella Neuvéglise, Wipro Regional and General Manager for Southern Europe, we will continue to invest to bring more added value and innovation to Crédit Agricole CIB, in an efficient and sustainable way.”
Pierre Dulon, Deputy CEO and head of IT and operational services at Crédit Agricole CIBcomments: “Wipro shares our vision of the role technology transformation will play in corporate and investment banking, where efficiency, sustainability and innovation will drive success. To realize this vision, we needed a partner with a strategic approach. Wipro has proven to be that partner over the past ten years and will help us prepare for the next stage of our growth.”
About Wipro Limited
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global IT, consulting and business process management services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt and succeed in the digital world. Our company is recognized globally for its comprehensive portfolio of services, strong commitment to sustainability, and corporate citizenship. More than 240,000 employees work to serve our customers on all continents. Together, we imagine and build a better and bolder future.
Forward-looking statements
The forward-looking statements contained herein represent Wipro’s beliefs regarding future events, many of which are inherently uncertain and beyond Wipro’s control. These statements include, but are not limited to, statements regarding Wipro’s growth prospects, future financial results, plans, expectations and intentions. Wipro cautions readers that the forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from those indicated in such statements. These risks and uncertainties include, but are not limited to, risks and uncertainties regarding fluctuations in our revenues, revenues and profits, our ability to generate and manage growth, proposed corporate actions, intense competition in the 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 fixed-term contracts, the customer concentration, immigration restrictions, our ability to manage our international operations, reduced demand for technology in our core business areas, disruptions to telecommunications networks, our ability to conduct and incorporate potential takeovers, damages actions on our service contracts, the success of companies in which es we make strategic investments, removal of government tax 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. The effects of the COVID-19 pandemic could impact technology spending, demand for our products, the extent of customer spending, and their ability and willingness to purchase our offerings, they could delay purchasing decisions. purchase of potential customers, impair our ability to provide on-site consulting services and deliver to our customers, or delay the delivery of our offerings, ultimately with possible adverse effects on our future sales, results of operations and performance global financials. Our operations may also be affected by a range of external factors related to the COVID-19 pandemic that are beyond our control. Other risks that could affect our future results of operations are more fully described in our filings with the United States Securities and Exchange Commission, including, but not limited to, annual reports on Form 20-F. These documents are available at www.sec.gov. We may, from time to time, make other written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and in our reports to shareholders. We do not undertake any obligation to update any forward-looking statements that may be made from time to time by us or on our behalf.
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