Wipro Ltd.

BSE: 507685 | NSE: WIPRO
Large Cap | IT - Software
238.35
-2.35 (-0.98%)
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Wipro features as a 'Major Player' in IDC MarketScape report

Date: 22-07-2014

Wipro, a leading global information technology, consulting and business process services company, has been named a ‘Major Player’ by the global technology research and advisory firm International Data Corporation (IDC) in its report IDC MarketScape: Worldwide Oil & Gas Professional Services 2014 Vendor Assessment, June 2014. As per the report, the company ranks among the top 4 vendor firms, in terms of revenue associated with Oil & Gas.

The report states that the company is highly regarded in the industry for its domain expertise, especially in upstream; has a strong and well-articulated set of product offerings supported by marketing; While Wipro’s stable of experts is impressive, it continues to build domain expertise and the company is preparing for the future by concentrating on development of local domain experts in conjunction with its oil & gas clients in the Middle East, Canada, Australia, and other growth markets. Development of local resources is an important part of Wipro's growth strategy. The report also states that Wipro has established its position in the Oil & Gas industry, especially with its major clients, where it is a preferred provider.

IDC evaluated leading Oil & Gas professional services providers across 25 criteria, relating to current offering, capability, strategy and market presence based on client inquiries, user needs assessments, and vendor and expert interviews.