McLaren Technology Group announces Wipro as new official technology partner

WOKING, United Kingdom & BANGALORE, India–(BUSINESS WIRE)–#IT–McLaren Technology Group and Wipro Limited (NYSE: WIT, BSE: 507685, NSE:
WIPRO), a leading global information technology, consulting, and
business process services company, today announced that Wipro has become
the official technology provider to McLaren Technology Group to help
drive digitalisation across its businesses.


Wipro will assist McLaren with achieving its recently defined IT
strategy, focusing on providing next-generation differentiated IT
services to its business divisions with an emphasis on agility and
improved reliability.

As part of this multi-year partnership, Wipro will leverage the Wipro
HOLMESTM artificial intelligence platform and its
next-generation managed services framework to offer flexibility and
boost the productivity of McLaren’s fast growing automotive and
high-tech businesses.

Craig Charlton, Chief Information Officer, McLaren Technology Group
said,
“We are passionate about delivering high
performance digital solutions underpinned by robust SLAs across McLaren.
Wipro, with its deep domain expertise and vast application services
portfolio, will help us achieve excellence as well as drive innovation
in Artificial Intelligence.”

N S Bala, President – Manufacturing & Technology, Wipro Limited added,
“Digitalisation is a great opportunity for renowned brands like McLaren
to reimagine and redesign their products and services from their
customer’s perspective. We are delighted to partner with McLaren
Technology Group to bring this strategic initiative to life, enabling
organisation-wide disruptive innovation.”

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 McLaren Technology Group

McLaren is synonymous with the highest levels of performance. Since its
foundation in 1963, McLaren has been a pioneer and innovator. In the
competitive world of Formula 1, McLaren has forged a formidable
reputation, having won 20 world championships and over 180 races.

Over the past decade, the McLaren brand has been further enhanced
through the development of an elite, high performance sports car
business, supported by a global retail network, and vehicles described
as ‘game changing’.

Most recently, McLaren Technology Group, via the McLaren Applied
Technologies business, has expanded its reach and influence – partnering
with leading organisations to develop breakthrough solutions in areas as
diverse as manufacturing, sport, healthcare and financial services.

Each of these businesses contributes to the ever-increasing value of the
McLaren brand, and its reputation for excellence.

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
Subhashini Pattabhiraman
subhashini.pattabhiraman@wipro.com