Market Overview

Wipro Becomes One of the First Companies Globally to Achieve Maturity Level 5 in CMMI® V2.0 Development View


Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO)), a leading global
information technology, consulting and business process services
company, today announced that it has been appraised at Maturity Level 5
in the CMMI V2.0 Development View. Wipro is one of the first
organizations in the world to be assessed at the highest capability
Maturity Level of this new CMMI process framework.

This appraisal validates Wipro's process capabilities and demonstrates
the company's commitment to continuous improvement and robust governance
for performance excellence. Wipro is helping its clients in their
transformational journey and there has been an increase in the client
metrics like the Net Promoter Score (NPS), which improved 486 basis
points in FY 2018 over FY 2017. The appraisal team applauded Wipro's
unique usage of Intelligent Automation through HOLMES, Wipro's
Artificial Intelligence (AI) platform. The work done by BOTs in fixed
price projects improved from 3.0% in Q2 (FY 2018-19) to 6.7% in Q3 (FY
2018-19). The team also commended Wipro's capability to optimize project
delivery through TopGear and the company's ability to utilize
cutting-edge technologies like Neural Networks and Machine Learning to
optimize processes in conjunction with their CMMI adoption.

Bhanumurthy B. M., President & Chief Operating Officer, Wipro Limited said,
"This appraisal showcases Wipro's commitment to deliver high-quality
solutions, a great customer experience and strong alignment of our
processes with business objectives. The CMMI journey has been
instrumental in achieving a high level of customer satisfaction and will
ensure that Wipro remains an industry leader in quality."

Devender Malhotra, Vice President & Global Head – Quality and
Enterprise Risk Management, Wipro Limited
added, "Wipro has once
again proved that we are the pioneers in quality processes. The CMMI
Journey has helped us develop a culture of process transformation with
predictable delivery."

An appraisal at CMMI Maturity Level 5 indicates that an organization is
performing at an "optimizing" level. An organization operating at this
level continually improve their processes based on a quantitative
understanding of its business objectives and performance and uses a
quantitative approach to understand the variation inherent in the
process and the causes of process outcomes to drive business performance.

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 175,000 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 CMMI® Institute

CMMI Institute (
is the global leader in advancing best practices in people, process, and
technology. CMMI Institute enables organizations to elevate and
benchmark performance across a wide range of critical business
capabilities, including product development, service excellence,
workforce management, data management, supplier management, and

For over 25 years, thousands of high-performing organizations in a
variety of industries, including aerospace, finance, healthcare,
information technology, software, defense, transportation, and
telecommunications, have achieved sustainable business success through
CMMI adoption and demonstrated their ability as capable business
partners and suppliers.

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
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.

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