Wipro Expands Sports, Entertainment, Retail and Transport Offerings with Launch of Wipro VisionEDGE Solution

NEW YORK and BANGALORE, India, Dec. 13, 2021 /PRNewswire/ -- Wipro Limited (NYSE: WIT) (BSE: 507685) (NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced Wipro VisionEDGE, a dynamic digital signage and omni channel advertising solution, to expand its sports, retail, transportation, and entertainment offerings. Formerly known as Cisco Vision, Wipro VisionEDGE offers a converged platform for innovation, and allow brands to manage, and stream content to deepen customer engagement.

As stadiums, airports, retailers, and other venues seek more efficient ways to engage with customers, Wipro VisionEDGE solution offers the flexibility to deliver a wide range of high-quality video and advertising to transform customer experience. Wipro VisionEdge will leverage the potential of Wipro FullStride Cloud Services to deliver clients the ability to unlock new business value from their brand properties and create new revenue streams.

Wipro has partnered with Cisco to offer the solution to customers through the Cisco SolutionsPlus program and Cisco Global Price List (GPL) in late 2021. In addition, both companies will continue to invest in the go-to-market plans and expand into newer potential applications for the Wipro VisionEDGE solution.

"Wipro's 26-year strategic partnership with Cisco is a testament to our ability to keep pace with the changing business and technology landscape, and deliver value through differentiated offerings and innovative partnership models. The launch of Wipro VisionEDGE through Cisco's SolutionsPlus program will significantly expand our solution and services reach to worldwide customers. We will continue to build new features, capabilities and services leveraging our EngineeringNXT and 5G offerings to deliver value and new business opportunities for our customers. We are excited to enter the next phase of this strategic partnership with Cisco," said Malay Joshi, Senior Vice President & Sector Head – Sports, Communications, Media, Technology, Wipro Limited.

"As the digital advertising market continue to grow and transform, we are excited to build on our partnership to deliver Wipro VisionEDGE and best-of-breed solutions to our customers," said Ken Martin, Managing Director Global Sales - Sports, Media, and Entertainment Industry Group, Cisco. "The sports, media, entertainment, transportation and retail industries are all undergoing major transformations backed by converged networks, wireless technologies, IPTV (Internet Protocol television), IP-fabric, sensors, cloud native applications, 5G, Artificial Intelligence and other groundbreaking innovations that will deliver unprecedented opportunities. We will continue to invest in our solutions portfolio and work closely with our customers and partners to support their evolving needs and adopt the best technologies on the market." 

For more information: https://www.wipro.com/engineeringNXT/wipro-visionedge-a-dynamic-digital-signage-solution/ ^[1]

About Cisco

Cisco (NASDAQ: CSCO) is the worldwide leader in technology that powers the Internet. Cisco inspires new possibilities by reimagining your applications, securing your enterprise, transforming your infrastructure, and empowering your teams for a global and inclusive future.

About Wipro Limited

Wipro Limited (NYSE: WIT) (BSE: 507685) (NSE: WIPRO) is a leading global information technology, consulting and business process services 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 make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 220,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future. 

Media Contact:

Nisha ChandrasekaranWipro Limited nisha.chandrasekaran@wipro.com^[2]

Forward-Looking Statements

The forward-looking statements contained herein represent Wipro's beliefs regarding future events, many of which are by their nature, inherently uncertain and outside Wipro's control. Such statements include, but are not limited to, statements regarding Wipro's growth prospects, its future financial operating results, and its 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 the results anticipated by such statements. Such risks and uncertainties include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, complete proposed corporate actions, 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. The conditions caused by the COVID-19 pandemic could decrease technology spending, adversely affect demand for our products, affect the rate of customer spending and could adversely affect our customers' ability or willingness to purchase our offerings, delay prospective customers' purchasing decisions, adversely impact our ability to provide on-site consulting services and our inability to deliver our customers or delay the provisioning of our offerings, all of which could adversely affect our future sales, operating results and overall financial performance. Our operations may also be negatively affected by a range of external factors related to the COVID-19 pandemic that are not within our control. Additional risks that could affect our future operating results 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 filings are available at www.sec.gov^[3]. 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.

References

1. ^{^} https://www.wipro.com/engineeringNXT/wipro-visionedge-a-dynamic-digital-signage-solution/ (apc01.safelinks.protection.outlook.com)
2. ^{^} nisha.chandrasekaran@wipro.com (www.prnasia.com)
3. ^{^} www.sec.gov (www.sec.gov)