Largest Offshore Testing Provider in Systems Integration Agreement to Offer Surgient Virtual Lab Management Applications, Reducing Software Testing Cycles and Accelerating Deployment Times
AUSTIN, Texas and BANGALORE, India — September 10, 2007– Surgient, a leading vendor in Virtual Lab Management Applications for accelerating software delivery, and Wipro Technologies, the global IT services arm of Wipro Limited (NYSE:WIT), today announced a strategic systems integration agreement to provide organizations with software testing solutions. Wipro's Testing Services Division, the largest 3rd party offshore testing services provider, will implement Surgient's award-winning virtual lab management software to accelerate software testing cycles and deployment times for customers across the globe.
By virtue of the agreement, Wipro's Testing Services Division will be a systems integrator for Surgient's Virtual QA/Test Lab Management System (VQMS) worldwide. VQMS helps consolidate and automate the computing infrastructure used in the testing of enterprise software. Wipro will also include Surgient VQMS in its Center of Excellence . The companies also agreed to organize joint go-to-market activities.
"Today's complex and mission-critical software environments present a real challenge for effectively testing and diagnosing defects prior to production deployment. voke research shows that 50 percent of organizations who use virtual lab management increase the number of defects found prior to production thereby reducing the overall total cost of quality throughout the lifecycle," said Theresa Lanowitz, founder and principal analyst at voke, inc. and former Gartner Research Director. "By using virtualization technology to automate the creation of a software test environment, Surgient's virtual lab management applications accelerate the software delivery process and reduce software development costs. Wipro's ability to test in a virtual lab environment saves resources, reduces the risk of globally distributed teams, and increases operational efficiency. Wipro's partnership with Surgient will help both companies respond to the market's growing demand for delivering highly effective and scalable software testing solutions."
"Today's organizations demand more powerful, customizable and multi-functional enterprise software solutions that can be rolled out quickly and within budget," said Mr. Gangadharaiah C.P., senior vice president and worldwide head of Testing Services Division for Wipro Technologies. "As the largest 3rd party independent software testing services provider, we are constantly looking for new technologies that will help us meet the software testing needs of our customers. Using Surgient Virtual Lab Management applications to automate the provisioning and testing of software applications will enable our customers to more quickly deploy new enterprise applications."
"By this agreement with Surgient and integrating Surgient VQMS, Wipro can now combine Surgient's offering with its own experience with 3rd party automation tools to seamlessly add virtual lab automation into the software development lifecycle," said Tim Lucas, president and CEO, Surgient. "Wipro can provide its customers virtual lab services to test software applications and software patches before they are rolled out across the physical enterprise."
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 centers. 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 www.wipro.com http://www.wiprocorporate.com
Rahul Kadavakolu, Wipro Technologies, +44 792 020 5496, email@example.com
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.
Surgient puts virtualization technology to work for the world’s largest companies. The first company to provide on-demand applications that automate the deployment, configuration and teardown of complex enterprise software environments or “virtual labs,” Surgient’s award-winning virtual lab management solutions enable end users to rapidly provision computing resources for business-critical initiatives such as software QA/test, training, sales and marketing. Over 1,000,000 applications have been delivered to-date through Surgient virtual labs, enabling companies such as Business Objects, BMC, CA, EMC, Dell, HP, Lockheed Martin, Microsoft and Target Corporation to dramatically accelerate software delivery, reduce operating costs, increase productivity and enable IT to better align with business priorities. Surgient partners with leading technology companies including VMware, Microsoft, HP, PlateSpin, Saba/Centra, ViewCentral and WebEx Communications. Surgient is a private, venture-backed company based in Austin, Texas. For more information, visit www.surgient.com.