Monday, August 13, 2007

Wipro and Nortel win Outsourcing Excellence Award

Wipro Technologies, the global IT services arm of Wipro Limited [NYSE:WIT], and Nortel* [NYSE/TSX: NT], a global leader in communications capabilities, have won the “Best Offshore award" in the distinguished 2007 Outsourcing Excellence Awards for its 16 year old relationship.

A pioneer of offshore development in India, Nortel opened India’s first offshore telecom R&D development centre with Wipro in 1991. Wipro currently provides end-to-end design, system integration, consulting, software release management and support for Nortel's carrier and enterprise product lines.

“Receiving this award is an honor for both Nortel and Wipro" said Ravi Chauhan, Managing Director, Nortel, India. "The award recognizes our abilities to work in a complex and competitive environment that expects high value performance on an ongoing basis. Together we have established a winning offshore relationship and a global award such as this goes to prove that we have been successful in creating a benchmark for this industry."

"This joint award highlights the strong collaboration that Wipro and Nortel have enjoyed over the past 16 years,” said Jeff Townley, Chief Procurement Officer, Nortel. “Wipro’s robust processes, extensive knowledge, R&D expertise and product engineering skills have helped Nortel to develop and deliver advanced telecommunications solutions. “Nortel was a pioneer in developing offshore relationships and this partnership has helped Wipro evolve as an integrated service provider and an acknowledged leader in the telecom and product engineering services space” added Jeff Townley

Ramesh Emani, President, Wipro Technologies said, "The Wipro - Nortel partnership is truly unique. Nortel is a pioneer in developing the capabilities of Indian companies in the telecom engineering space. Today we have built a 360-degree engagement model ranging from high-end research and product development to product sustenance, back office services, system integration and services. This award is a tribute to 16 years of partnership in achieving notable business outcomes on a global scale".

The Outsourcing Excellence Awards recognize the world’s most superior outsourcing arrangements, which demonstrate best practices in creating and sustaining competitive advantage and business transformation and achieve value and mutual benefit that increase over time for the client and service provider by Everest Group.

The prestigious award was presented at the 2007 Outsourcing Excellence Awards ceremony, which held in New York on 8th August 2007.

*Nortel, the Nortel logo and the Globemark are trademarks of Nortel Networks