Copenhagen, Denmark and Bangalore, India – August 29, 2018:
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has been awarded a multi-year business process services engagement and chosen as a finance transformation partner by Falck. Headquartered in Denmark, Falck is a leading international supplier of ambulance services, employee health care and roadside assistance and is active in 35 countries, worldwide and has over 37,000 employees.
As part of the contract, Wipro will help transform Falck’s finance operations through its enterprise operations transformation model. Wipro will leverage its proprietary digital simplification platform - Base)))™ Harmony along with its expertise in robotics process automation and cognitive intelligence to enable process consolidation, harmonization and optimization of finance & accounting processes across Falck’s operations. This engagement will help Falck increase operational efficiency and achieve data and process consistency across its different entities around the globe.
Allan Kjer, Vice President, Global Business Services at Falck said, “We have chosen to engage with Wipro as we believe they are the right partner for us in our journey of transformation, which aims to centralise and standardize our finance processes and systems across our global operations. Through the partnership with Wipro we look forward to establishing a scalable and efficient finance operating model.”
Nagendra Bandaru, Senior Vice President and Global Head - Business Process Services, Wipro Limited said, “Wipro is delighted to partner with Falck to support their finance transformation journey. We are confident that our industry expertise, functional capabilities and digital transformation practice that includes our proprietary technologies, will successfully deliver the results needed for Falck to grow and do what they do best – help and assist people in need.”
Carl-Henrik Hallström, Head of the Nordic Region, Wipro Limited said, “It is exciting for us to embark on this strategic engagement with Falck, an industry vanguard in its domain. Wipro is a global leader in providing next-generation business process services to enterprises across the globe and we are confident that our capabilities will enable us to deliver significant benefits to Falck, and eventually to the end-users who rely on Falck’s services.”
Wipro has been present in the Nordic region for over a decade and works with customers across the healthcare, manufacturing, energy, natural resources, utilities, financial services, telecom and retail industry verticals. Wipro also has a presence in the Nordic region through its acquired entities – Appirio, which helps companies improve their worker and customer experiences through cloud technology and Designit, a strategic design firm specializing in transformative product-service experiences.
About Wipro Limited
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 160,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.
About Falck
Falck is an international leader in the ambulance and healthcare markets. With more than 100 years of experience, Falck works together with local and national authorities to prevent accidents and emergency situations, to quickly and competently rescue and assist people and to rehabilitate people after illness and injury. Falck operates in 35 countries and has more than 37,300 employees.
Media Contacts:
Falck Group
Anne Faigh Rydell
+45 70 22 03 07
comms@falck.com
Wipro Limited
Subhashini Pattabhiraman
subhashini.pattabhiraman@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.
