AT&T and Wipro Expand Relationship to Help Businesses Adopt Machine-to-Machine Solutions
Agreement Focuses on Building Solutions on AT&T M2M Application Platform Powered by Axeda, Used by Companies Globally
Dallas, USA and Bangalore, India - May 7, 2013:
AT&T * is making it even easier for businesses globally to implement machine-to-machine (M2M) solutions by expanding its relationship with Wipro Ltd., a leading global Information Technology, Consulting and Outsourcing company. Announced today at the Axeda Connexion conference, the two companies will work together to offer M2M development services and systems integration across all major industries.
"Customers are turning to us to make their M2M connectivity easy to manage and monitor in virtual real-time," said Mike Troiano, Vice President, Advanced Mobility Solutions, AT&T Business Solutions. "Our relationship with Axeda has fueled customer interest globally, and with the addition of Wipro's Axeda-trained engineers, we're poised to help even more businesses implement highly-secure and reliable M2M solutions."
AT&T and Wipro are combining efforts to provide customers with the expertise and technical support they need to get machines "talking," using the AT&T M2M Application Platform Powered by Axeda, which can dramatically speed the delivery time and lower the cost of application development and maintenance for M2M applications.
"Wipro has deep systems integration skills, vertical industry expertise, IPs based on enhanced analytics, and the largest team of Axeda-ready consultants in the world," said Steve Snyder, VP and Head of Wipro's Media and Telecom Business Innovation team. "Our relationship with AT&T will provide our shared customers with a compelling, end-to-end M2M services and business solution."
"Organizations are searching to find simpler and more cost-effective ways to integrate connected machines into the enterprise," said Todd DeSisto, President, Axeda. "Together, AT&T, Wipro and Axeda are creating innovative global solutions that will enable companies to harness the power of M2M technology with rapid solution delivery and higher value."
Current Analysis named AT&T as the Leader in the global M2M market in its April 16th report ranking global M2M service providers. According to Principal Analyst Kathryn Weldon, "AT&T continues to receive excellent traction for its M2M initiatives as evidenced by its more than 14 million connections and growing set of reference customers across diverse verticals. AT&T is clearly positioning itself for even more complex deals that may require end-to-end solutions, and which take advantage of its strong alliance with Axeda. The expanded relationship with Wipro will further enhance AT&T's ability to provide custom industry specific solutions that leverage Axeda's application platform providing greater benefits to clients."
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*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.
About AT&T
AT&T Inc. (NYSE:T) is a premier communications holding company and one of the most honored companies in the world. Its subsidiaries and affiliates - AT&T operating companies - are the providers of AT&T services in the United States and internationally. With a powerful array of network resources that includes the nation's largest 4G network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet, voice and cloud-based services. A leader in mobile Internet, AT&T also offers the best wireless coverage worldwide of any U.S. carrier, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse® and AT&T DIRECTV brands. The company's suite of IP-based business communications services is one of the most advanced in the world.
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About Wipro Ltd.
Wipro Ltd. (NYSE:WIT) is a leading Information Technology, Consulting and Outsourcing company, that delivers solutions to enable its clients 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 over 140,000 employees and clients across 54 countries. For more information, please visit www.wipro.com.
Media Contacts:
Ryan Mueller
AT&T Corporate Communications
Cell: (469) 999-2782
ryan.mueller@att.com
Vipin Nair
Wipro Ltd.
Office: +91 80 39916190
vipin.nair1@wipro.com
AT&T Cautionary Language Concerning Forward-Looking Statements
Information set forth in this press release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results might differ materially. A discussion of factors that may affect future results is contained in AT&T's filings with the Securities and Exchange Commission. AT&T disclaims any obligation to update and revise statements contained in this news release based on new information or otherwise.
Wipro's 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.
