|By Business Wire||
|May 15, 2014 06:30 AM EDT||
Wipro Ltd. (NYSE:WIT), a leading global Information Technology, Consulting and Outsourcing company today announced that its consulting business has been invited to become a member of the prestigious MCA (Management Consultancies Association).
MCA is a representative body for management consultancy firms in the UK. The UK consulting industry is amongst the best in the world and a vital part of the business landscape and MCA’s mission is to promote the value of management consultancy for the economy and society as a whole. Its members comprise around 65 per cent of the UK consulting industry and it upholds extremely stringent entry criteria for membership.
Wipro Consulting Services (WCS) is a key differentiator for Wipro Limited. WCS consults and leads organisational and Business Process transformation to improve performance, increase effectiveness, reduce costs and improve resilience. It introduces leading edge practices and offers Business advisory, business and functional transformation, IT consulting and Risk and Compliance Services to many of the world’s leading organisations, governments and institutions.
Alexis Samuel, Vice President & Global Managing Partner, Wipro Consulting Services, Wipro Ltd, said, “The MCA is an advocate of high standards and best in class service in the management consulting industry, and we are delighted to be invited to join as its member. This validates our leadership position in business technology transformation and recognises the credibility of our services. It also provides us with an opportunity to play a more active role in shaping the future of the industry.”
Alan Leaman, Chief Executive of the MCA said, “We are delighted that Wipro Consulting Services has joined the MCA. Their global footprint, operational expertise and standing in the market will be a huge asset to the Association. Their membership is a signal of growing confidence in the UK consulting industry and support for the MCA as its representative organisation.”
The MCA's member companies comprise around 65 per cent of the UK consulting industry in fee income, employ around 30,000 consultants and work with over 90 of the top FTSE 100 companies and almost all parts of the public sector. All members adhere to the MCA Code of Practice that provides the consultancy buyer with reassurance that MCA firms maintain the highest standards.
The Management Consultancies Association (MCA)
The MCA is the representative body for management consultancy firms in the UK. Its mission is to promote the value of management consultancy for the economy and society as a whole. The MCA's member companies comprise around 65 per cent of the UK consulting industry, employ around 30,000 consultants and work with over 90 of the top FTSE 100 companies and almost all parts of the public sector. The UK consulting industry is amongst the best in the world and a vital part of the business landscape.
Compliance with the MCA's tough entry criteria and rigorous Code of Practice means that MCA member companies are widely acknowledged to provide high quality services to their clients.
About Wipro Ltd.
Wipro Ltd. (NYSE:WIT) is a leading Information Technology, Consulting and Outsourcing company that delivers solutions to enable its clients to do business better. Wipro delivers winning business outcomes through its deep industry experience and a 360 degree view of "Business through Technology" - helping clients create successful and adaptive businesses. A company recognized globally for its comprehensive portfolio of services, a practitioner's approach to delivering innovation, and an organization wide commitment to sustainability, Wipro has a workforce of 140,000 serving clients across 61 countries. For more information, please visit www.wipro.com.
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.
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