Last updated on April 16, 2014 at 17:34 EDT

Wipro and Axeda form Global Alliance to Deliver M2M Solutions

February 27, 2013

BARCELONA, Spain, February 27, 2013 /PRNewswire/ –

Wipro to Provide M2M Services Powered by the Axeda Machine Cloud

Wipro Technologies, the Global Information Technology, Consulting and Outsourcing
business of Wipro Limited (NYSE: WIT) and Axeda Corporation, the leading provider of
cloud-based service and software for managing connected products and delivering
machine-to-machine (M2M) applications, today announced a strategic alliance. Together,
Wipro and Axeda will provide services and end-to-end solutions to help organizations
connect with any asset, leverage machine data to enhance business processes and develop
new innovative enterprise applications.

http://photos.prnewswire.com/prnh/20121129/579804 )

The Axeda Machine Cloud is a cloud-based service for managing connected assets and
implementing innovative M2M applications. It facilitates rapid M2M application development
and includes out-of-the-box device and asset management applications to reduce the cost
and complexity of implementing M2M solutions. When coupled with Wipro’s development
services, system integration
[http://www.wipro.com/services/infrastructure-management-services-segments/system-integration-services.aspx ]
, industry expertise and global presence, organizations now have access
to best of breed capabilities that enable them to evolve from basic machine monitoring and
service to the most advanced levels of machine data integration in the enterprise, and
connected product optimization and differentiation.

Benefits of the Wipro – Axeda Solution include:

        - Faster-time to market. Wipro's strategic relationship with Axeda ensures
          built-in expertise that fundamentally enables faster rollout of M2M services.

        - Simplified experience. From device management to quick application
          enablement, organizations can pick a solution that is easily repeated, making every
          aspect of M2M offerings easier.

        - Increased revenue. End-to-end solution reduces implementation risks,
          program management and custom development costs, and speeds time-to-value.

“The market needs a comprehensive solution provider with global reach that can provide
a horizontal M2M platform with vertical industry offerings,” said Ayan Mukerji, Senior
Vice President and Global Head, Media and Telecom, Wipro Technologies. “Our clients engage
with us for strategic guidance on how to get their respective organizations connected, and
then what to do with the data, once they are connected. Our alliance with Axeda ensures
that organizations in every geographic region, serving a variety of vertical industries,
have the ability to launch a M2M offering that is easier, faster and significantly more
cost effective than creating their own.”

“One of the most valuable uses of real-time machine data is detailed predictive
analytics,” said Jack Sweeney, chief executive officer at Axeda. “Wipro brings extensive
capabilities in Big Data analytics
[http://www.wipro.com/services/analytics-information-management/big-data.aspx ] across a
variety of verticals including telecommunications and media, healthcare, energy and
utilities and manufacturing. The combination of real-time machine data from Axeda with
Wipro’s analytics will help our joint customers make better decisions that foster better

“Yankee Group has long held the belief that strong industry partnerships such as this
can act as a major catalyst to unlocking the transformational power of machine to machine
data communications,” said Brian Partridge, vice president of research at Yankee Group.
“At the intersection where enterprise M2M applications, enabling platforms, and real-time
analytics meet is one of the most promising, but yet untapped, areas in the market today.
Solutions that can unlock that value hold the potential to be game changing for enterprise
customers seeking to increase revenues, improve efficiency, and/or enhance customer
experience by adding M2M to their business operations. Assuming excellent strategic
partner collaboration and execution between Wipro and Axeda, customers stand to benefit
from the combined competencies and experience two of the early leaders in M2M can bring to
the table.”

The Wipro and Axeda portfolio was built and tested in Wipro’s state-of-the-art M2M
Center of Excellence in Bangalore. Reference applications are being showcased today at
Mobile World Congress in Barcelona. To learn more, please visit us in Hall 7, Booth 7C94
or visit http://www.wipro.com/mwc-2013/wipro@mwc.html.

About Wipro Technologies

Wipro Technologies, the global IT business [http://www.wipro.com ] of Wipro Limited
(NYSE:WIT) is a leading Information Technology, Consulting and Outsourcing company, that
delivers solutions to enable its clients do business better. Wipro Technologies 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 Technologies has over 140,000 employees and clients across 54
countries. For more information, please visit http://www.wipro.com

About Axeda

Axeda provides the leading cloud-based service and software for managing connected
products and implementing innovative M2M applications – significantly reducing the cost
and complexity of connecting and remotely servicing the products of the world’s leading
companies. Axeda customers use its M2M application enablement platform to deliver
innovative M2M solutions and optimize their business processes with data from their
connected products.

By relying on the Axeda(R) Platform to power their connected products, companies are
transforming their business by improving customer satisfaction, reducing costs, and
generating new sources of revenue. The M2M solutions behind these connected products range
from remote service, fleet management, usage-based insurance, asset tracking, mHealth, and
more. Join our developer community at:

http://developer.axeda.com and learn more at http://www.axeda.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
http://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.

        Media Inquiries

        Catherine Purcell Gryska

        Dan Carlson

        Wipro Technologies
        Marc Jacobson

        Dirk Lewis



SOURCE Wipro Technologies

Source: PR Newswire