Tag: Wipro Limited.

Wipro and Uniper collaborate to implement a blockchain-based small-scale liquefied natural gas …

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Bangalore: Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting, and business process services company, today announced the successful implementation of a blockchain-based small-scale liquefied natural gas (ssLNG) trading/fulfillment platform for Uniper Global Commodities SE and its 100% LNG-for-trucks subsidiary Liqvis GmbH. Uniper SE is a leading international energy company headquartered in Germany.

The platform built in collaboration with Uniper utilizes a consortium model for all ssLNG market participants to help transform the trading market space resulting in market efficiencies and significant cost savings for traders.

Uniper selected Wipro to build the blockchain platform to address the complexity of the European ssLNG market. As a result of the implementation, commodity flow management is simplified in a market characterized by extensive manual and paper-based transactions and high operational cost. The platform implemented by Wipro involves multiple peer-to-peer trading cycle participants, enables order and supply placement, delivery of goods, validation of the state of goods and bill settlements. It further helps Uniper streamline trade by reducing turnaround time, effort and inefficiencies, enables scalability and brings visibility, transparency and trust in all stages of LNG trade. Strategically, it paves the way for Uniper to become the market maker for low-carbon modern supply of alternative fuels and decentralized energy solutions.

Dr. Grigory Shevchenko, Senior Account Manager Gas Supply and Origination, LNG Business Development, Uniper said, “Uniper’s strength is its customer-centricity, product creation and market development. Building upon that when we enter more downstream logistics-heavy markets, we encourage the use of innovative technologies to optimize our processes and operations. Blockchain will enable business volume growth without needing a lot of additional headcount to manage transactions. This will be true for us and our counterparts that will engage with Uniper through the paperless blockchain platform. The ssLNG trading platform provides for easy scalability and enhancements based on the growing marketplace. To achieve this, we jointly deployed the required building blocks such as security, distributed computing and node network.”

Sarat Chand, Vice President and EMEA Utilities Business Head, Wipro Limited said, “We are delighted to build and implement the Small Scale LNG blockchain platform for Uniper and support their initiative to promote LNG as an advanced and environmentally friendly fuel alternative. The platform helps Uniper’s LNG-for-trucks subsidiary Liqvis ensure that LNG is always available when and where it is needed and achieve price security through Uniper’s long-term LNG supply contracts and seamless supply chain execution. This is a landmark partnership between Wipro and Uniper. Our Utilities ETRM business competency combined with industry leading blockchain expertise has enabled Uniper to modernize its trading platform, reduce friction, improve process efficiency and simplify settlements in business processes.”

Krishnakumar N Menon, Vice President – Service Transformation and Blockchain Theme Leader, Wipro Limited said, “The trading/fulfillment platform for ssLNG market leverages blockchain to simplify the LNG trade process with greater efficiency, transparency and security. Smart contracts used in the platform automate processes such as demand creation, trade confirmation, shipment creation, bunkering, invoice generation and settlement, leading to lesser manual interventions. The blockchain-based platform benefits Uniper and its customers in their trade cycles by enabling digitization and exchange of documents; real-time sharing of information and alerts for an immutable audit trail of activities performed.”

Wipro is a recognized leader in implementing blockchain technology for its clients, providing strategic advisory and consulting services combined with a strong portfolio of industry solutions, platforms and patents paired with an ecosystem of technology partners, consortia, industry regulatory bodies, and academia. Wipro is committed to creating strong blockchain communities while developing talent for building extensive technology expertise across multiple leading blockchain platforms such as Hyperledger Fabric, Etherum, Quorum, Corda, Multichain, Hyperledger Indy and Hyperledger Sawtooth. The company is also involved in a number of distributed ledger technology consortia and alliances including the Hyperledger project, the Ethereum Enterprise Alliance, the Energy Web Foundation and the Blockchain in Transport Alliance. To learn more, click here.

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Wipro and HFS Research Study Finds 75% Executives Look at Blockchain as an Enterprise-wide …

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EAST BRUNSWICK, N.J. & BANGALORE, India–(BUSINESS WIRE)–Mar 5, 2020–

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting, and business process services company, today released a study on blockchain technology developed in collaboration with HFS Research. The report reveals the extent of blockchain adoption in the industry today, how it will fare in the year 2020 and beyond.

The report titled, ‘ Ignore blockchain at your peril, but don’t drive blindly ’ is an outcome of a global survey conducted with 300 senior executives, including more than 100 C-level executives who are closely associated with their organizations’ blockchain initiatives and analysis of 940 blockchain initiatives across industries. It shares insights on the current and emerging state of enterprise blockchain adoption; explores why the technology is emerging as a compelling value creation lever, the business problems it can or cannot address, and how enterprises should manage the adoption challenges. The report also leverages Wipro’s key client case studies to bring context, data and real-life insights around blockchain adoption.

Key findings of the report:

  • Nearly 75% of executives look at blockchain as a strategic priority while only 1% dismiss it as not relevant.
  • More than 95% of enterprise blockchain initiatives focus on six broad areas: identity, crypto, trade, payments, supply chain, and finance.
  • Nearly 75% executives are leveraging blockchain for near term business impact (process excellence and efficiency, data and identity management, and better business outcomes) or to drive competitive differentiation (reimagined IT infrastructure, additional trust in multi-party collaboration, transparent and immutable transactions).
  • Enterprise adoption of blockchain is nascent and challenging, yet ambitious as 75% of all blockchain initiatives are less than two years old and only 14% has reached a production stage.

Saurabh Gupta, Chief Research Officer at HFS Research, said, “In 2019, we witnessed pioneering blockchain initiatives succeed and proceed from proofs of concept to pilots to ‘live, in-production’ while several other efforts failed to move beyond laboratories. 2020 promises to be the most exciting year with enterprise blockchain adoption coming of age to solve real-world business problems. The study reveals that the financial services industry is an early adopter of blockchain technology compared to the other industries, which are now gaining ground. A balanced approach to blockchain is critical to drive meaningful success – one can no longer ignore blockchain as a value creation lever, nor should they be taken in by all the hype!”

Krishnakumar N Menon,Vice President – Service Transformation and Blockchain Theme Leader, Wipro Limited, said, “Enterprise blockchain clients are investing in blockchain solutions to get real business impact, but without a crisp use case, it becomes hard to quantify the benefits. Our key customer case studies included in the report highlight the business value blockchain delivered to our clients and helped them transform their existing business models. Our case studies support the findings of the survey and exemplify the state of enterprise blockchain adoption across industries globally.”

The report involved a survey of respondents from all major geographies namely Europe, North America, Asia, Middle East, Latin America and South-east Asia with extensive industry coverage – Banking, Financial Services, Insurance, Energy and Utilities, Industrial Manufacturing, Retail and CPG, Hi-tech and Telecom, Healthcare and Life Sciences, Travel and Hospitality, and Government and non-profits. To view the full report, please click here.

Wipro is a recognized leader in implementing blockchain technology for its clients. It provides strategic advisory and consulting services combined with a strong portfolio of industry solutions, platforms and patents along with an ecosystem of technology partners, consortia, industry regulatory bodies, and academia. Wipro is committed to creating strong blockchain communities while developing talent for building extensive technology expertise across multiple leading blockchain platforms such as Hyperledger Fabric, Etherum, Quorum, Corda, Mutichain, Hyperledger Indy and Hyperledger Sawtooth. The company is also involved in a number of distributed ledger technology consortia and alliances including the Hyperledger project, the Ethereum Enterprise Alliance, the Energy Web Foundation and the Blockchain in Transport Alliance. To learn more about Blockchain at Wipro, click here.

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 175,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.

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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200305005457/en/

CONTACT: Shraboni Banerjee

Wipro Limited

Shraboni.banerjee@wipro.com

KEYWORD: IRELAND INDIA UNITED STATES UNITED KINGDOM NORTH AMERICA ASIA PACIFIC EUROPE NEW JERSEY

INDUSTRY KEYWORD: PROFESSIONAL SERVICES DATA MANAGEMENT TECHNOLOGY SOFTWARE NETWORKS CONSULTING INTERNET

SOURCE: Wipro Limited

Copyright Business Wire 2020.

PUB: 03/05/2020 08:15 AM/DISC: 03/05/2020 08:15 AM

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Indian Multinational Corporation Wipro Limited Partners With Travacoin

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Wipro Limited is an Indian multinational corporation who has made a partnership with a payment solution company called Travacoin in order to develop a blockchain solution. An announcement of the development of the solution is done on May 22, 2019. The payment solution company Travacoin is actually a digital payment system enabling airlines to refund. It isn’t only enabling the airlines for refunding, but also enabling the airlines for compensating passengers in a timely manner when a disruption occurs.

Passengers will get notification related to delay or cancellation. Travacoin is also a blockchain based cryptocurrency. They will get refunded in the form of the cryptocurrency. They can use the cryptocurrency to repurchase airline tickets, book hotels, and other available services which belong to airport and travel. They can enjoy a reduction in the waiting time for compensation. The cryptocurrency can be used at retail stores in and around the airport.

The Indian multinational corporation Wipro Limited is recognized as a blockchain technology implementation leader for its clients. It provides strategic advisory. It also provides consulting services. The services are a combination of a deep portfolio of industry solutions. The company creates firm blockchain communities. It also develops talents to build huge technology expertise in a wide range of leading blockchain platforms (Hyperledger Fabric, Etherum, Quorum, Corda, Mutichain, Hyperledger Indy and Hyperledger Sawtooth). It is also involved in various distributed ledger technology consortia and alliances ( Hyperledger project, the Ethereum Enterprise Alliance, the Energy Web Foundation and the Blockchain in Transport Alliance).

Airlines can reduce administrative overheads by compensating passengers with Travacoins. They can’t just the administrative overheads reduce, but they can also channel the savings to offer a better travel experience to fliers. Better travel experiences can be offered to fliers.

FTI Consulting is a management consulting company who has conducted a study recently. Whereas Travacoin commissioned the study. The study is related to the commercial feasibility of digital tokens usage for refunds and compensation for flight delays. Travacoins are indicated to save airlines between 20% and 40%. During travel disruptions, customer loyalty will be increased towards airlines through improved convenience.
Travacoin is located in Dublin, Ireland. It is considered as a revolutionary idea. It is based on positive principles of collaboration. Passengers can make donations for charities through a commercial model of Travacoin, according to the official site of Travacoin.
The Indian multinational corporation Wipro Limited is actually a leading global information technology, consulting, and business process services company. The power of cognitive computing, hyper-automation, robotics, cloud, analytics, and emerging technologies is harnessed in order to help clients in adapting to the digital world. Clients aren’t only helped for the digital world adaption, but they are also helped for making them successful. It is recognized at the international level due to its comprehensive portfolio of services and a strong commitment to sustainability. It is also recognized for its good corporate citizenship. It has 175,000+ dedicated employees. It helps clients in six continents, BusinessWire reported.
[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]

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Wipro Builds a Blockchain-Based Solution for Travacoin to Enable Digital Currency-Based …

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Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading globalinformation technology, consulting, and business process servicescompany, today announced that it has developed a blockchain-basedpayment solution for Travacoin, a company specializing in an eponymousdigital payment solution. Travacoin is a digital payment system whichenables airlines to refund and compensate passengers in a timely mannerwhen a disruption occurs.

Passengers will be notified of a delay or cancellation and refunded inthis digital currency, which can be used to repurchase airline tickets,book hotels and avail other airport and travel related services.Passengers will benefit by way of a significant reduction in the waitingtime for compensation. In addition, passengers can use Travacoins atretail stores in and around the airport and avail attractive discountsoffered by retail partners.

By compensating passengers with Travacoins, airlines will be able toreduce their administrative overheads and channel the savings to offer abetter travel experience to fliers. A recent study conducted by FTIConsulting, and commissioned by Travacoin on the commercial feasibilityof using digital tokens for refunds and compensation for flight delaysindicates that Travacoins will save airlines between 20% and 40% of whatthey are currently paying passengers in cash and will also increasecustomer loyalty towards airlines through improved convenience duringtravel disruptions like airline delays.

Brian Whelan, Chief Executive Officer of Travacoin said,”Travacoin is a unique solution to a common problem faced by theairlines industry today. With every delay, be it caused by a staffstrike or a technology problem, comes an increasing number of claimsfrom passengers. Airlines respond defensively, consequently losingcustomer loyalty as well as millions in hard currency along the way.This solution offers airlines a cost effective way to reconnect withtheir passengers in a positive way, turning adversity into opportunity.As we expand, the plan is to grow the solution to encompass otherpayment and settlement functions, turning Travacoin into a uniquepayment solution for the entire travel industry. Wipro’s deep domainknow-how of the industry processes, blockchain expertise, and ability torapidly co-innovate and scale-up the solution has been critical to oursuccess.”

Krishnakumar N Menon, Vice President – Service Transformation andBlockchain Theme Leader, Wipro Limited said, “We are encouragingblockchain innovation by actively engaging with firms focused on solvingreal-world business problems. It has been exciting to work withTravacoin to build an innovative industry-leading travel currency forthe airline industry. The blockchain-based solution will help airlinesoptimize costs through the reduction of administrative overheads andfacilitate quicker payments and settlements.”

Wipro is a recognized leader in implementing blockchain technology forits clients, providing strategic advisory and consulting servicescombined with a deep portfolio of industry solutions. Wipro is committedto creating strong blockchain communities while developing talent forbuilding extensive technology expertise across multiple leadingblockchain platforms such as Hyperledger Fabric, Etherum, Quorum, Corda,Mutichain, Hyperledger Indy and Hyperledger Sawtooth. The company isalso involved in a number of distributed ledger technology consortia andalliances including the Hyperledger project, the Ethereum EnterpriseAlliance, the Energy Web Foundation and the Blockchain in TransportAlliance. To learn more, clickhere.

CIO, CTO & Developer Resources

About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading globalinformation technology, consulting and business process servicescompany. We harness the power of cognitive computing, hyper-automation,robotics, cloud, analytics and emerging technologies to help our clientsadapt to the digital world and make them successful. A companyrecognized globally for its comprehensive portfolio of services, strongcommitment to sustainability and good corporate citizenship, we haveover 175,000 dedicated employees serving clients across six continents.Together, we discover ideas and connect the dots to build a better and abold new future.

Forward-looking and Cautionary Statements

Certain statements in this release concerning our future growthprospects are forward-looking statements, which involve a number ofrisks, and uncertainties that could cause actual results to differmaterially from those in such forward-looking statements. The risks anduncertainties relating to these statements include, but are not limitedto, risks and uncertainties regarding fluctuations in our earnings,revenue and profits, our ability to generate and manage growth, intensecompetition in IT services, our ability to maintain our cost advantage,wage increases in India, our ability to attract and retain highlyskilled professionals, time and cost overruns on fixed-price, fixed-timeframe contracts, client concentration, restrictions on immigration, ourability to manage our international operations, reduced demand fortechnology in our key focus areas, disruptions in telecommunicationnetworks, our ability to successfully complete and integrate potentialacquisitions, liability for damages on our service contracts, thesuccess of the companies in which we make strategic investments,withdrawal of fiscal governmental incentives, political instability,war, legal restrictions on raising capital or acquiring companiesoutside India, unauthorized use of our intellectual property, andgeneral economic conditions affecting our business and industry.Additional risks that could affect our future operating results are morefully described in our filings with the United States Securities andExchange Commission. These filings are available at www.sec.gov.We may, from time to time, make additional written and oralforward-looking statements, including statements contained in thecompany’s filings with the Securities and Exchange Commission and ourreports to shareholders. We do not undertake to update anyforward-looking statement that may be made from time to time by us or onour behalf.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190522005435/en/

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Wipro Joins Hyperledger As Blockchain Technology Uptake Increases

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Wipro Limited has disclosed that it is joining Hyperledger with a view to designing and developing blockchain solutions that are open source. Hyperledger is an open-source effort which has been developed in order to advance blockchain technologies across industries and sectors that include information technology, manufacturing, supply chain, Internet of Things, banking and finance.

“We are excited about joining Hyperledger and look forward to working closely with the Hyperledger community to catalyze blockchain adoption for global enterprises. Our customers are increasingly looking at Hyperledger to build enterprise-grade blockchain solutions for specific industry use-cases,” said Wipro Limited’s service transformation vice president, Krishnakumar N Menon.

Hyperledger community

According to Hyperledger’s executive director, Brian Behlendorf, the Hyperledger community would benefit from the blockchain-related consulting and advisory capabilities that Wipro would bring with it. Additionally, the Hyperledger community would gain from Wipro’s solid partner ecosystem and specific use cases.

Across the world customers are turning to Hyperledger seeking to develop blockchain solutions that are enterprise-grade for particular industry use cases. One of the popular blockchain framework implementations is Hyperledger Fabric which serves as a foundation upon which solutions or applications possessing a modular architecture can be developed. The Blockchain Innovation Lab of Wipro has been developing various industry solutions using this framework. These solutions include Loyalty Rewards Management, Trade Finance, Airworthiness Certificate tracking and Tri-party collateral management.

Blockchain solutions

To drive transformation and digital innovations across the enterprise, blockchain has been identified by Wipro as a strategic client theme. The thought-to-finish blockchain solutions that Wipro offers cover consulting and advisory, construction of blockchain networks, blockchain application development and Blockchain Innovation Lab. In this regard Wipro develops an IP portfolio, blockchain frameworks and assets and industry solutions. Additionally Wipro assists clients in incrementally expanding releases and also in experimenting and deploying blockchain technologies’ proof of concepts. Since it was launched two years ago over 100 organizations, startups and companies have joined Hyperledger.

Wipro’s joining of Hyperledger coincides with the Indian IT services provider bagging a seven-year deal with Innogy SE, an energy firm which is based in Europe. Under the contract Wipro will assist the European firm in rationalizing, virtualizing and consolidating its information technology infrastructure. This will see Wipro invest and maintain two data centers that will be located in Germany. In Europe Wipro boasts of 11 delivery centers some of which are located in Zurich, Switzerland; Vienna, Austria and Munich, Franfurt and Hamburg in Germany.

Wipro (NYSE: $WIT, BSE: 507685, NSE: WIPRO) Joins Hyperledger to Catalyze Collaboration on …

PCIS Support Team Leave a comment

BANGALORE, India – September 14, 2017 (Investorideas.com newswire) Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has joined Hyperledger to design and develop open source-based blockchain solutions for enterprise-grade blockchain deployments. Hyperledger is a global open source collaborative effort created to advance cross-industry blockchain technologies across sectors such as finance, banking, Internet of Things, supply chain, manufacturing and technology.

Brian Behlendorf, Executive Director, Hyperledger, said, “We are excited to welcome Wipro to the Hyperledger community. Wipro brings industry-acknowledged blockchain advisory and consulting capabilities, coupled with industry solutions for specific use cases and a strong partner ecosystem to help client businesses innovate on blockchain. We look forward to Wipro’s active contribution in the Hyperledger community to share insights on blockchain use cases, technology frameworks, tools & standards, and thought leadership.”

Global customers are increasingly looking at Hyperledger to build enterprise-grade blockchain solutions for specific industry use cases. Hyperledger Fabric is a blockchain framework implementation that acts as a foundation for developing applications or solutions with a modular architecture. Wipro’s Blockchain Innovation Lab has developed several industry solutions on Hyperledger Fabric such as Tri-party collateral management, Air worthiness certificate tracking, Trade Finance and Loyalty Rewards Management. Wipro is also developing technology competency on Hyperledger through internal bootcamps and partner-led training sessions.

Krishnakumar N Menon, Vice President, Service Transformation, Wipro Limited, said, “We are excited about joining Hyperledger and look forward to working closely with the Hyperledger community to catalyze blockchain adoption for global enterprises. Our customers are increasingly looking at Hyperledger to build enterprise-grade blockchain solutions for specific industry use-cases. Additionally, Wipro’s open source services, expertise and solutions add value to our Hyperledger-based blockchain offerings. We look forward to investing in crowdsourced innovation and open collaboration as part of our efforts in the Hyperledger community.”

Wipro has identified blockchain as one of the strategic client themes to drive digital innovations and transformation across the enterprise. Wipro’s thought-to-finish blockchain offerings cover advisory and consulting, Blockchain Innovation Lab (as a service), blockchain application development and constructing blockchain networks. As part of the Wipro’s Blockchain CoE (Center of Excellence), Wipro develops industry solutions, blockchain assets & frameworks and an IP portfolio. Wipro helps clients experiment, deploy proof-of-concepts on blockchain technologies, and incrementally expand to scale-to-production releases. Click here to know more.

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.

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.

Contacts

Wipro Limited

Prathibha Das

prathibha.das@wipro.com

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Wipro treedt toe tot Hyperledger voor versnelde samenwerking aan zakelijke blockchainsystemen

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15:37 uur 14-09-2017

Wipro treedt toe tot Hyperledger voor versnelde samenwerking aan zakelijke blockchainsystemen

BANGALORE, India–(BUSINESS WIRE)– Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), toonaangevend in IT, consults en zakelijke dienstverlening, heeft vandaag aangekondigd samen te werken met Hyperledger aan het ontwerp en de ontwikkeling van blockchain op open-sourcebasis voor zakelijke doeleinden. Hyperledger is een internationaal open-sourceproject voor verbeterde blockchaintechnologie die de grenzen tussen sectoren als finance, het bankwezen, IoT, logistiek, productie en tech overschrijdt.

Brian Behlendorf, uitvoerend bestuurder van Hyperledger, zei: “We zijn erg blij dat Wipro toetreedt tot de Hyperledger-gemeenschap. Wipro draag bij met sectorbreed onderschreven capaciteiten in advies inzake blockchain, in combinatie met industriële systemen voor specifieke gebruiksdoeleinden binnen een sterk partnernetwerk.

BANGALORE, India–(BUSINESS WIRE)– Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has joined Hyperledger to design and develop open source-based blockchain solutions for enterprise-grade blockchain deployments. Hyperledger is a global open source collaborative effort created to advance cross-industry blockchain technologies across sectors such as finance, banking, Internet of Things, supply chain, manufacturing and technology.

Brian Behlendorf, Executive Director, Hyperledger, said, “We are excited to welcome Wipro to the Hyperledger community. Wipro brings industry-acknowledged blockchain advisory and consulting capabilities, coupled with industry solutions for specific use cases and a strong partner ecosystem to help client businesses innovate on blockchain. We look forward to Wipro’s active contribution in the Hyperledger community to share insights on blockchain use cases, technology frameworks, tools & standards, and thought leadership.”

Global customers are increasingly looking at Hyperledger to build enterprise-grade blockchain solutions for specific industry use cases. Hyperledger Fabric is a blockchain framework implementation that acts as a foundation for developing applications or solutions with a modular architecture. Wipro’s Blockchain Innovation Lab has developed several industry solutions on Hyperledger Fabric such as Tri-party collateral management, Air worthiness certificate tracking, Trade Finance and Loyalty Rewards Management. Wipro is also developing technology competency on Hyperledger through internal bootcamps and partner-led training sessions.

Krishnakumar N Menon, Vice President, Service Transformation, Wipro Limited, said, “We are excited about joining Hyperledger and look forward to working closely with the Hyperledger community to catalyze blockchain adoption for global enterprises. Our customers are increasingly looking at Hyperledger to build enterprise-grade blockchain solutions for specific industry use-cases. Additionally, Wipro’s open source services, expertise and solutions add value to our Hyperledger-based blockchain offerings. We look forward to investing in crowdsourced innovation and open collaboration as part of our efforts in the Hyperledger community.”

Wipro has identified blockchain as one of the strategic client themes to drive digital innovations and transformation across the enterprise. Wipro’s thought-to-finish blockchain offerings cover advisory and consulting, Blockchain Innovation Lab (as a service), blockchain application development and constructing blockchain networks. As part of the Wipro’s Blockchain CoE (Center of Excellence), Wipro develops industry solutions, blockchain assets & frameworks and an IP portfolio. Wipro helps clients experiment, deploy proof-of-concepts on blockchain technologies, and incrementally expand to scale-to-production releases. Click here to know more.

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.

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.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170913005788/en/

Contacts

Wipro Limited

Prathibha Das

prathibha.das@wipro.com

Deze bekendmaking is officieel geldend in de originele brontaal. Vertalingen zijn slechts als leeshulp bedoeld en moeten worden vergeleken met de tekst in de brontaal, die als enige rechtsgeldig is.

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Wipro joins hands with Linux for open source projects

PCIS Support Team Leave a comment
Bengaluru, September 14:

Wipro has reiterated its commitment to open source by joining hands with the Linux Foundation.

The foundation supports associated open source projects such as Open Network Automation Platform, Hyperledger, Cloud Native Computing Foundation, Cloud Foundry Foundation and Automotive Grade Linux, among others.

Recently, Wipro announced collaboration with Hyperledger to provide blockchain solutions for enterprises. Hyperledger is an open source collaborative that has been created to improve cross-industry blockchain technologies across sectors such as finance, banking Internet of Things, supply chain, manufacturing and technology.

Wipro has identified open source technologies as one of its strategic areas as it sees enterprises looking to foray into new areas such as cognitive computing, blockchain, hyper automation, cloud and analytics.

Further, Wipro is authorising its internal teams to crowdsource and use the topcoder communities potential skills to provide new services, faster delivery and at a global scale.

In a related development, Wipro also said that it has joined Automotive Grade Linux (AGL). AGL is a collaborative open source project that is bringing together automakers, suppliers and technology companies to accelerate the development and adoption of a fully-open software stack for connected vehicle services.

With Linux at its core, AGL is developing an open platform that can serve as the de facto industry standard to enable rapid development of new features and technologies for the automotive segment.

(This article was published on September 14, 2017)
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Indian tech giant Wipro joins Hyperledger to develop enterprise-grade blockchain solutions

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Indian IT giant Wipro has announced that it has joined Hyperledger, a global open source collaborative effort created to advance cross-industry blockchain technologies, to design and develop open source-based blockchain solutions for enterprise-grade blockchain deployments.

The company sees blockchain as one of the strategic client themes to drive digital innovations and transformation across the enterprise. It offers a number of blockchain related services including advisory and consulting, Blockchain Innovation Lab (as a service), blockchain application development, and constructing blockchain networks.

“We are excited to welcome Wipro to the Hyperledger community. Wipro brings industry-acknowledged blockchain advisory and consulting capabilities, coupled with industry solutions for specific use cases and a strong partner ecosystem to help client businesses innovate on blockchain. We look forward to Wipro’s active contribution in the Hyperledger community to share insights on blockchain use cases, technology frameworks, tools & standards, and thought leadership,” Brian Behlendorf, Executive Director, Hyperledger, said.

Wipro’s Blockchain Innovation Lab has developed several industry solutions on Hyperledger Fabric such as Tri-party collateral management, Air worthiness certificate tracking, Trade Finance and Loyalty Rewards Management. Furthermore, the tech firm develops industry solutions, blockchain assets & frameworks, and an IP portfolio, as part of its Blockchain CoE (Center of Excellence).

Wipro said that it helps clients experiment, deploy proof-of-concepts on blockchain technologies, and incrementally expand to scale-to-production releases. It is also developing technology competency on Hyperledger through internal bootcamps and partner-led training sessions.

“We are excited about joining Hyperledger and look forward to working closely with the Hyperledger community to catalyze blockchain adoption for global enterprises. Our customers are increasingly looking at Hyperledger to build enterprise-grade blockchain solutions for specific industry use-cases. Additionally, Wipro’s open source services, expertise and solutions add value to our Hyperledger-based blockchain offerings. We look forward to investing in crowdsourced innovation and open collaboration as part of our efforts in the Hyperledger community,” Krishnakumar N Menon, Vice President, Service Transformation, Wipro Limited, said.

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Wipro Joins Hyperledger to Catalyze Collaboration on Enterprise-Grade Blockchain Solutions

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BANGALORE, India–(BUSINESS WIRE)–Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has joined Hyperledger to design and develop open source-based blockchain solutions for enterprise-grade blockchain deployments. Hyperledger is a global open source collaborative effort created to advance cross-industry blockchain technologies across sectors such as finance, banking, Internet of Things, supply chain, manufacturing and technology.

Brian Behlendorf, Executive Director, Hyperledger, said, “We are excited to welcome Wipro to the Hyperledger community. Wipro brings industry-acknowledged blockchain advisory and consulting capabilities, coupled with industry solutions for specific use cases and a strong partner ecosystem to help client businesses innovate on blockchain. We look forward to Wipro’s active contribution in the Hyperledger community to share insights on blockchain use cases, technology frameworks, tools & standards, and thought leadership.”

Global customers are increasingly looking at Hyperledger to build enterprise-grade blockchain solutions for specific industry use cases. Hyperledger Fabric is a blockchain framework implementation that acts as a foundation for developing applications or solutions with a modular architecture. Wipro’s Blockchain Innovation Lab has developed several industry solutions on Hyperledger Fabric such as Tri-party collateral management, Air worthiness certificate tracking, Trade Finance and Loyalty Rewards Management. Wipro is also developing technology competency on Hyperledger through internal bootcamps and partner-led training sessions.

Krishnakumar N Menon, Vice President, Service Transformation, Wipro Limited, said,“We are excited about joining Hyperledger and look forward to working closely with the Hyperledger community to catalyze blockchain adoption for global enterprises. Our customers are increasingly looking at Hyperledger to build enterprise-grade blockchain solutions for specific industry use-cases. Additionally, Wipro’s open source services, expertise and solutions add value to our Hyperledger-based blockchain offerings. We look forward to investing in crowdsourced innovation and open collaboration as part of our efforts in the Hyperledger community.”

Wipro has identified blockchain as one of the strategic client themes to drive digital innovations and transformation across the enterprise. Wipro’s thought-to-finish blockchain offerings cover advisory and consulting, Blockchain Innovation Lab (as a service), blockchain application development and constructing blockchain networks. As part of the Wipro’s Blockchain CoE (Center of Excellence), Wipro develops industry solutions, blockchain assets & frameworks and an IP portfolio. Wipro helps clients experiment, deploy proof-of-concepts on blockchain technologies, and incrementally expand to scale-to-production releases. Click here to know more.

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.

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.

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