EAST BRUNSWICK, N.J. & BANGALORE, India--(BUSINESS WIRE)--Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced it will work within the Telecom Infra Project (TIP) to drive 5G adoption in the global communications service provider and enterprise markets.
Launched in February 2016, TIP was started with the goal to accelerate the pace of innovation in the telecom industry. Wipro’s work within TIP will promote collaboration between Wipro’s 5G strategic initiative, academia and industry thought leaders across communications and Network Equipment Providers(NEP) industries worldwide.
As part of its strategic 5G initiative, Wipro is investing significantly in the creation of a TIP-based blueprint for a 5G MNO reference architecture and a next generation 5G operational model. Wipro’s 5G TIP investment addresses four key distinct areas:
- Continuous physical end-to-end integration & validation of OpenRAN technologies developed within the TIP community
- Creation of a cost-effective, autonomous 5G-ready next generation, widely open-source- based OSS/BSS platform that harnesses the power of machine learning and advanced analytics, unlocking new business models and revenue streams.
- A modular end-to-end cyber security model
- A new optimized operations model, leveraging hyper automation through Wipro HOLMESTM AI & Automation Platform
Wipro’s role will be to provide interoperability lab services and the end-to-end roll-out and transformation of 5G wireless networks with innovative software-based solutions.
In addition, Wipro’s 5G TIP collaboration leverages its Engineering NXT offerings, enabling innovation at scale to build products, platforms and wireless technologies for 500+ clients across multiple industries. Wipro’s engineering competencies cover the entire 5G value chain, from the creation of new 5G chips, software engineering for NFV & SDN, OSS& BSS automation and comprehensive testing and validation services.
Sanjay Bhartiya, Vice President, Industrial & Engineering Services, Wipro Limited, said, “With over 25 years of experience in Telecom Product and Solution engineering, Wipro has been a prominent implementation partner for leading Telecommunications and Communication Service Providers and Network Equipment Providers. Our Engineering NXT approach is the synthesis of our broad industry design experience for creating connected devices, software and data platforms to drive customer innovation at scale. Working within TIP, we will be able to deliver the next generation wireless solutions that will have the potential to revolutionize the wireless industry.”
In 2018, Wipro created its 5G engineering practice and started engaging with customers, research partners, academia, NEPs and CSPs. A 5G lab was set up in Bangalore to incubate some of the potential use cases of 5G. Wipro’s 5G labs will be extended throughout 2020 globally. Wipro has strong IP in the telecom vertical with 173 patents (13 being 5G-related).
“At TIP we recognize the important role that system integrators play in our ever-expanding ecosystem. I am excited that Wipro is taking an active role in the TIP community to promote collaboration around OpenRAN technology and 5G adoption,” said Attilio Zani, TIP Executive Director. “This type of collaboration is fundamental to TIP’s mission, and we welcome their efforts to move the industry forward.”
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 175,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.
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.