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October 31, 2007
BANGALORE, India -- Cisco® and Wipro Ltd (NYSE:WIT) today announced that they have entered into a strategic alliance to jointly develop and deliver information technology (IT) service solutions to help both companies meet their customers' needs, particularly in fast-growing markets around the world. Under the agreement, Cisco and Wipro together will build new IT infrastructure service solutions that combine Cisco's industry-leading networking solutions with Wipro's infrastructure and managed services portfolio. The companies also announced the establishment of the Cisco Solution Centre at the Wipro Campus in Bangalore, India, which will develop and showcase new services and solutions, such as Cisco Unified Communications, that will take advantage of the network platform to help enterprise customers drive innovation and business growth.
"Over the years, Wipro, with its expert system integration services, and Cisco, with its industry-leading products, have partnered to add value to HDFC Bank's network strategy. Working with these two world-class organizations has been a great experience," said Aditya Puri, managing director, HDFC Bank Ltd.
Under the agreement, Cisco and Wipro will jointly develop and deliver new solutions that incorporate their intelligent-networking technology and unmatched services in business processes and IT. Wipro will offer solutions based on Cisco products and services on a global basis, with initial focus in India, Middle East and Africa regions. Cisco will also become the preferred networking partner for Wipro's portfolio of services, including outsourcing, managed-services and other solutions. Wipro will invest in developing competencies in Cisco's leading-edge products and services through its Cisco Solution Centre.
"Wipro is a global leader in the industry for delivering IT services to enterprises and is implementing IT innovation that helps businesses achieve new levels of productivity," said Wim Elfrink, chief globalization officer of Cisco. "This strategic alliance illustrates Cisco commitment to building relationships with new partners in emerging parts of the world that will take advantage of new virtualised approaches such as 'software as a service,' and service-oriented network architecture."
Cisco Systems Inc. (Nasdaq: CSCO)
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