BANGALORE, India--(BUSINESS WIRE)--Wipro Ltd. (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has achieved a significant milestone in its ongoing Internet of Things (IoT) deployment for JCB India Ltd, a leading construction equipment manufacturer. JCB’s Livelink telematics system has successfully connected over 10,000 construction equipment and machines, such as Backhoe Loaders, Excavators and Compact Wheel Loaders, deployed for its customers across India.
The Livelink IoT solution has been designed and deployed on Wipro’s cloud-based Industrial asset platform. Wipro’s After Markets solution team, a part of the Manufacturing and Hi-tech SBU, brought together a consortium of specialist partners to provide the turnkey solution and is responsible for ongoing deployment and support.
The Livelink system allows JCB to remotely monitor the real-time health and performance of JCB assets in the field. The predictive capability of the platform helps all stakeholders to collaborate in ensuring operational availability of the asset whereby maximizing the value derived from it. The geo-fencing feature prevents misuse and theft of assets, while allowing asset owners to enforce contract compliance. The stakeholders have already started to see the benefit of the solution.
“IoT is an emerging technology domain and one where there are no proven paths for success. Wipro has been a trusted partner through the design and deployment of JCB’s Livelink IoT solution. Through a combination of strong technology expertise and excellent program management capabilities, Wipro has provided end-to-end integrated support to enable this milestone for our customers,” said Vipin Sondhi, Chief Executive Officer and Managing Director, JCB India Limited.
“IoT presents a huge opportunity for industrial manufacturers world-wide and this platform is one of the few live cases. We are privileged to have partnered with JCB India to bring the Livelink initiative to life. Today, we are delighted to have over 10,000 JCB machines across India, running successfully on Wipro’s cloud-based industrial internet platform. This platform provides an ideal base for us to deliver differentiated value to JCB’s end customers,” said N. S. Bala, Chief Executive, Manufacturing & Hi-Tech Industry SBU, Wipro Limited.
About Wipro Ltd.
Wipro Ltd. (NYSE:WIT) is a leading information technology, consulting and business process services company that delivers solutions to enable its clients to do business better. Wipro delivers winning business outcomes through its deep industry experience and a 360 degree view of "Business through Technology.” By combining digital strategy, customer centric design, advanced analytics and product engineering approach, Wipro helps its clients create successful and adaptive businesses. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, Wipro has a dedicated workforce of over 160,000, serving clients in 175+ cities across 6 continents. For more information, please visit www.wipro.com.
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.
