Findings from a 2015 Oxford Economics study1 cite that 63% of IT and business exec respondents reported open source software would be critical to business agility over the following three years. As a result, to help better compete in the digital economy, many organizations are looking to open source solutions to find the flexibility and scalability they expect from the next generation of modern and agile cloud-native applications.
As an open source platform, Red Hat OpenShift Container Platform can help reduce the cost, and time associated with developing and modernizing enterprise applications. A 2016 IDC study on the business value of OpenShift, found that OpenShift enables customers to respond to market requirements faster by delivering business-critical, microservices-based applications with DevOps processes. These benefits include 66% faster application delivery times, $1.29 million average annual benefits per 100 application developers, and 531% average ROI over five years2.
"We have strengthened our alliance with Red Hat to build and deploy an effective and scalable team execution methodology to meet joint customer interest, today and in the future," said Andrew Aitken, General Manager and Global Open Source Practice Leader, Wipro Limited.
"It's exciting when considering the potential innovation that customers can enjoy with Wipro's Cloud Application Factory powered by Red Hat OpenShift Container Platform. This is really about helping to streamline customers' time-to-market by deploying modern applications, in a scalable and repeatable way," said Julio Tapia, director, OpenShift Partner Ecosystem, Red Hat.
References
1 http://www.wipro.com/insights/insights/the-open-source-era-an-oxford-economics-study-in-collaboration-with-wipro
2 IDC White Paper, sponsored by Red Hat, The Business Value of Red Hat OpenShift, October 2016, https://www.openshift.com/sites/default/files/idc-business-value-of-openshift.pdf
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 a dedicated workforce of over 170,000, serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.
Wipro's 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.
Red Hat and OpenShift are trademarks or registered trademarks of Red Hat, Inc. or its subsidiaries in the U.S. and other countries.
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