Wipro, Oracle, and Hackett Collaborate to Launch HR Platform Solutions
BANGALORE, India, May 18, PRNewswire-AsiaNet/--
- First of its Kind Collaboration to Bring Together World Class Bundled
BPO Services and Technology
Wipro Technologies, the global IT services business of Wipro Limited
(NYSE: WIT) announced that its Business Process Outsourcing division, Wipro
BPO has partnered with Oracle for best-of-breed HR platform solutions. Wipro
has also selected The Hackett Group (NASDAQ: HCKT), a global strategic
advisory firm, to provide empirical data, best practices and world-class
performance insights on the development of its innovative bundled solution
platform.
The solution simPlify(TM), allows employers to reduce and control cost as
it provides an opportunity to centralize and standardize processes while
eliminating duplicative management structures. The solution has the ability
to leverage a many-to-one technology capability, while maximizing service
quality and HR customer satisfaction.
Employers can focus on their strategic business opportunities and revenue
generation through outsourcing of multi-function HR and Payroll functions.
simPlify(TM) delivers this unique value combination by integrating world-
class performance insights and benchmarking metrics from Hackett with
Oracle(R) PeopleSoft HCM and Wipro's globally optimized HR delivery
capability. The solution is delivered on a Software-as-a Service (SAAS) model
allowing employers to pay for what they use, as well as reducing the
complexity, time, and investment in technology implementation and
maintenance. It provides clients with a scalable IT infrastructure that is
offered as a multi-tenant model to achieve economies of scale and size.
With Wipro's global service delivery capability, Oracle's platform and
Hackett's strategic insights on world-class performance, this solution can be
leveraged across multiple global customers.
"We are very pleased with the results of our collaboration with Oracle, a
most capable and reliable partner contributing truly leading business
solutions. As a market leader, we are well-positioned to become the provider
of choice for multi-national organizations," said Ashutosh Vaidya, Head,
Wipro BPO. "Building on that position of strength, we have engaged with
Hackett to ensure the solution set enables the implementation of Best
Practices. This is the only solution of its kind that can address the needs
of multi-national companies across the Asia-Pacific region, Europe and North
America. In fact this is the first step in our platform story. We plan to
have similar partnerships for our FAO and Procurement services as well."
According to Hackett Chairman and CEO Ted Fernandez, "Our research has
consistently identified lack of innovation as one of the most significant
challenges of business process outsourcing. The combination of tightly
integrated Oracle applications, Wipro's proven global service delivery
capability and the Hackett transformation guidance to establish a roadmap to
best practice, is a highly innovative approach to drive world-class HR
process excellence."
"BPO services powered by Oracle provide increased deployment flexibility
through state-of-the-art software," said Tibor Beles, Vice President, Oracle
Business Process Outsourcing. "The combination of Oracle's PeopleSoft
software and industry-leading services from Wipro and Hackett, can help
multi-national organizations to achieve better HR process performance and
reduced costs."
About Wipro:
Wipro Technologies, a division of Wipro Limited (NYSE: WIT) is the first
PCMM Level 5 and SEI CMM Level 5 certified global IT services organization.
Wipro Technologies was recently assessed at Level 5 for CMMI V 1.2 across
offshore and onsite development centres. 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 a 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 and
About Hackett
The Hackett Group, a global strategic advisory firm, is a leader in best
practice advisory, benchmarking, and transformation consulting services,
including shared services, offshoring and outsourcing advice. Utilizing best
practices and implementation insights from more than 4,000 benchmarking
engagements, executives use Hackett's empirically based approach to quickly
define and prioritize initiatives to enable world-class performance. Through
its REL brand, Hackett offers working capital solutions focused on delivering
significant cash flow improvements. Through its Hackett Technology Solutions
group, Hackett offers business application consulting services that helps
maximize returns on IT investments. Hackett has worked with 2,700 major
corporations and government agencies, including 97% of the Dow Jones
Industrials, 73% of the Fortune 100, 73% of the DAX 30 and 50% of the FTSE
100.
Trademarks
Oracle is a registered trademark of Oracle Corporation and/or its
affiliates.
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.
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.
Media contacts:
India
Purvika Anand
Gutenberg Communications
+91-9886309173
purvika@gutenbergpr.com
Radhika Mahadevan
Wipro Technologies
+91-9945042603
radhika.mahadevan@wipro.com
US
Eric Belove
Wipro Technologies
+1-732-216-6242
eric.belove@wipro.com
Lavanya DJ
Gutenberg Communications
+1-212-239-8740
lavanya@gutenbergpr.com
UK
Rahul Kadavakolu
Wipro Technologies
+44-792-020-5496
rahul.kadavakolu@wipro.com
Shalini Siromani
Gutenberg Communications
+44-7960-663-200
shalini@gutenbergpr.com
Source: Wipro Technologies
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