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Wipro and ServiceNow Join Forces to Improve Risk and Compliance Outcomes

2023-09-18 07:53 ET - News Release

Newly created “Wipro CyberTransform - Intelligent ServiceNow Risk and Security Solutions” will optimize clients’ risk and security operations.


Company Website: https://www.wipro.com/
EAST BRUNSWICK, N.J. & BENGALURU, India -- (Business Wire)

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, announced that it has partnered with ServiceNow to create Wipro CyberTransform - Intelligent ServiceNow Risk and Security Solutions, a solution that enables organisations to integrate their risk, compliance, and security postures more quickly and effectively.

In the current climate, organizations are increasingly having to balance rapidly evolving risk and compliance landscapes with internal mandates to embrace digital transformation and growth. Achieving these multiple goals requires a dynamic and integrated approach to risk, compliance, and security.

The Wipro CyberTransform - Intelligent ServiceNow Risk and Security Solutions helps address this by providing a scalable framework to integrate ServiceNow Risk and Security into existing functions for faster resolution and efficiency, while generating measurable and actionable insights for cybersecurity and compliance teams.

This solution is designed to help enterprises quickly and effectively realize the value of ServiceNow by providing them with:

- enhanced risk exposure control through continuous monitoring and real-time dashboards on high-risk areas, non-compliance areas, vendor status, and audit findings;
- increased visibility with a single integrated risk and compliance management program; and
- scalable security solutions to respond to specific cyber threats.

Saugat Sindhu, Global Head, Strategy & Risk Practice, Wipro Limited, said, “Cyber threats are ever-evolving, as are compliance requirements, and with many teams being asked to do more with less, this integrated solution will ensure the organization is kept safe and compliant. We’re pleased to collaborate with ServiceNow to provide clients with an integrated risk and security management solution that enables their growth and optimizes their operations.”

Brian Rizman, Managing Partner, ServiceNow Risk and Security Solutions, Wipro Limited, said, “ServiceNow Risk and Security Operations solutions afford clients the ability to collaborate and coordinate through a common data hub, supported with technologies such as machine learning and AI. We look forward to bringing this new solution to our joint clients.”

Mike Yancheson, Senior Director of Partner Acceleration at ServiceNow, said, “Cybersecurity and the overall risks surrounding it are topics on every C-suite leader’s mind. Wipro’s CyberTransform gives our customers an outcome-based framework with the tools and experience to transform across the enterprise using the power of the Now Platform®. There is high demand for repeatable, proven offerings and we look forward to further collaboration with Wipro as we continue to expand our partnership.”

For more information, visit the ServiceNow Store.

About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading technology services and consulting company focused on building innovative solutions that address clients’ most complex digital transformation needs. Leveraging our holistic portfolio of capabilities in consulting, design, engineering, and operations, we help clients realize their boldest ambitions and build future-ready, sustainable businesses. With 250,000 employees and business partners across more than 60 countries, we deliver on the promise of helping our clients, colleagues, and communities thrive in an ever-changing world.

ServiceNow, the ServiceNow logo, Now, Now Platform, and other ServiceNow marks are trademarks and/or registered trademarks of ServiceNow, Inc. in the United States and/or other countries.

Forward-Looking Statements

The forward-looking statements contained herein represent Wipro’s beliefs regarding future events, many of which are by their nature, inherently uncertain and outside Wipro’s control. Such statements include, but are not limited to, statements regarding Wipro’s growth prospects, its future financial operating results, and its plans, expectations and intentions. Wipro cautions readers that the forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from the results anticipated by such statements. Such risks and uncertainties include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, complete proposed corporate actions, 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, including, but not limited to, Annual Reports on Form 20-F. 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:

Media Contact:
Laura Barnes
Wipro Limited
laura.barnes@wipro.com

Source: Wipro Limited

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