Wipro announces Oracle powered Software-as-a-Service (SaaS) Platform

Platform will help Independent Software Vendors reduce the cost for enabling their existing business applications on SaaS model

Bangalore, India , September 1st, 2009: Wipro Technologies, the global IT services business of Wipro Ltd (NYSE: WIT), will offer ‘w-SaaS’, a platform for rapid Software-as-a-Service (SaaS) enablement of business applications using Oracle Grid Computing and Oracle application grid middleware for Independent Software Vendors (ISVs).

The platform will help ISVs enable their ‘existing’ business applications to operate in SaaS model in a non-intrusive manner with minimal re-implementation, and enable the traditional single tenant application to operate in an efficient multi-tenant mode. This is expected to result in savings of up to 50% of effort for SaaS enablement of existing applications, resulting in up to 10-20% savings in the total cost of ownership.

“With Wipro’s global service delivery capability, Oracle’s platform and strategic insights on world-class performance, this solution can be leveraged across multiple global customers,” said Srini Pallia, Senior Vice-President and Global Head, Business Technology Services, Wipro Technologies Ltd. “Our relationship with Oracle enables us to provide ISV’s and joint customers, a powerful platform that allows them to improve their revenues in a cost effective manner”

As per leading analyst firm Gartner[1], “the market for worldwide software as a service (SaaS) is forecast to reach $8 billion in 2009, a 21.9 % increase from 2008 revenue of $6.6 billion”. Using Oracle to power the w-SaaS platform, together the companies can provide a cost-effective and flexible “SaaS enablement” alternative to the ISVs to move to the SaaS delivery model.

Oracle has worked with Wipro to offer its comprehensive technology stack to its ISV partners through this complete platform for accelerated SaaS enablement. Wipro will benefit from the increased SaaS market reach in collaboration with Oracle.

“We are delighted to team with Wipro to provide SaaS solutions. The w-SaaS platform, which leverages Oracle application grid products, will help our joint ISV customer base in their adoption of SaaS.” said John Gawkowski, Vice President, Platform Technology Solutions at Oracle. “Oracle’s strategy of delivering high value through complete and integrated products fits well with the Wipro methodology, resulting in a proven and optimal solution with speed, quality and value to the customer.”

Wipro expects opportunities for this offering in North America, with growth potentials in the emerging markets of Latin America, Asia Pacific and Western Europe. Energy & utilities, retail, transportation, healthcare and manufacturing sectors will be focus verticals. Organizations can get more information about w-SaaS at http://www.wipro.com/datadocs/pov/WsaaS.pdf.

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 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 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 www.wipro.com and www.wiprocorporate.com.

About Oracle:

Oracle (NASDAQ: ORCL) is the world’s largest business software company. For more information about Oracle, please visit our Web site at http://www.oracle.com.

Trademarks

Oracle is a registered trademark of Oracle Corporation and/or its affiliates.

Media Contacts:

Wipro Technologies

India

Monisha Devaiah
Wipro Technologies
+91 9886654520
monisha.devaiah {at} wipro(.)com

Mangala Koti Singhal

Gutenberg Communications

+91 9686446789

mangala {at} gutenbergpr(.)com

US

Eric Belove

Wipro Technologies

+ 1 (732).216.6242

eric.belove {at} wipro(.)com

Lavanya DJ
Gutenberg Communications
+ (212).239.8740
lavanya {at} gutenbergpr(.)com

UK
Rahul Kadavakolu

Wipro Technologies
+44.792.020.5496
rahul.kadavakolu {at} wipro(.)com

Shalini Siromani

Gutenberg Communications

+44.79.6066.3200

shalini {at} gutenbergpr(.)com