Relativity Technologies’ Modernization
Workbench® Endorsed as a Central Pillar of
Wipro’s Strategy for Modernizing Clients’
Existing Applications
RALEIGH, N.C.--Relativity Technologies, Inc., the global leader in Enterprise
Application Modernization, today announced that it has partnered with
Wipro Technologies, the global IT services division of Wipro Limited
(NYSE:WIT), one of India’s leading IT Service
providers, to offer solutions for modernizing enterprise applications.
Wipro will modernize and optimize clients’
operations through expertise, processes, and technologies built on
Relativity Technologies’ Modernization
Workbench® software platform.
Leading organizations around the globe are finding that many of their
underlying IT and business processes do not align with their strategic
requirements. This diverts focus from their core competencies. By
modernizing these processes and the related enterprise applications,
organizations gain flexibility and efficiency, resulting in a more agile
enterprise.
Highlights of the agreement include:
-
Integration into Modernization Service Offering: Wipro selected
the Modernization Workbench in part because of the platform’s
unique ability to accelerate all stages of the modernization
lifecycle. Wipro will deploy the platform to speed business rule and
process modeling, SOA analysis, and application re-architecting, among
other high-value modernization initiatives. Wipro will showcase and
build these solutions into customer proposals.
-
Certification of Professionals: As part of this agreement,
Wipro will validate its modernization experts as Relativity
Technologies Certified Professionals. This allows Wipro to demonstrate
its excellence in the use of the industry’s
leading Enterprise Application Modernization solution.
-
Joint Go-To-Market: To address the increasing demand for
modernization solutions, Relativity Technologies and Wipro will
coordinate go-to-market strategies planning. This coordination will
allow clients to benefit from the heightened automation of the
Modernization Workbench and the proven skills and processes of Wipro.
“Wipro has made a strategic commitment to the
Modernization Workbench because of its ability to accelerate the entire
gamut of modernization activities,” said KR
Sanjiv VP of E-Enabling at Wipro Technologies. “We
plan to expand our investment in Relativity Technologies’
platform not only through the development of professionals and processes
built around the technology. We also will employ our R&D resources to
generate value-add modernization solutions that leverage the foundation
of the Modernization Workbench platform.”
“We are pleased that Wipro, a company known
for its innovation and adherence to high quality client solutions has
chosen to standardize on the Modernization Workbench,”
said Steve Maysonave, chairman, president, and CEO of Relativity
Technologies. “Relativity Technologies is
equally committed to providing the most technically sophisticated,
business-focused modernization platform on the market.”
About Relativity Technologies, Inc.
Relativity Technologies is the leading provider of Enterprise
Application Modernization and Application Portfolio Management
solutions. Over 350 organizations—including
seven of the ten largest financial services providers—have
relied on our software platform to increase the efficiency and
flexibility of the applications that automate their core business
operations. The Modernization Workbench®
delivers this value by enabling organizations to understand, manage,
modernize, and maintain applications throughout the enterprise. For more
information, please visit www.relativity.com.
About Wipro
Wipro Technologies, a division of Wipro Limited (NYSE:WIT) is the first
PCMM Level 5 and SEI CMM Level 5 certified IT Services organization
globally. Wipro Technologies was recently assessed at Level 5 for CMMI V
1.2 across offshore and onsite development center’s.
Wipro is one of the largest product engineering and support service
providers worldwide. Wipro provides comprehensive research and
development services, IT solutions and services, including systems
integration, Information Systems outsourcing, package implementation,
software application development and maintenance services to
corporations globally.
In the Indian market, Wipro is a leader in providing IT solutions and
services for the corporate segment in India offering system integration,
network integration, software solutions and IT services. Wipro also has
profitable presence in niche market segments of consumer products and
lighting. In the Asia Pacific and Middle East markets, Wipro provides IT
solutions and services for global corporations. Wipro's ADS’
are listed on the New York Stock Exchange, and its equity shares are
listed in India on the Stock Exchange - Mumbai, and the National Stock
Exchange. For more information, please visit our websites at http://www.wipro.com,
http://www.wiprocorporate.com
Forward-looking and cautionary statements
Certain statements in this release concerning our future growth
prospects and our ability to successfully complete and integrate
potential acquisitions 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 our ability to
integrate and manage acquired IT professionals, our ability to integrate
acquired assets in a cost effective and timely manner, fluctuations in
earnings, our ability to manage growth, intense competition in IT
services including those factors which may affect 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, liability for damages on our service contracts, the success of
the companies in which Wipro has made strategic investments, withdrawal
of fiscal governmental incentives, political instability, legal
restrictions on raising capital or acquiring companies outside India,
unauthorized use of our intellectual property and general economic
conditions affecting our 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. Wipro 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. Wipro does not undertake to update any forward-looking
statement that may be made from time to time by or on behalf of the
company. For further information, please visit our websites at
www.wipro.com, www.wiprocorporate.com and www.wipro.co.in.
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