Wipro Technologies, the global information technology services division of Wipro Ltd, has been listed as the leading Indian company in the top 10 leading outsourcing vendors in META Group's recently released North American list of leading outsourcing vendors.
The other Indian companies who were rated include Infosys and TCS. According to analysts, Wipro has been rated higher than peers like Infosys and TCS because of its ability to provide a wider bouquet of IT services and solutions than any other Indian software service provider.
Wipro has been bunched in the 'challenger' segment along with Hewlett-Packard, ACS, Unisys, Perot Systems, TCS and Infosys. The Meta report has classified the leaders in the North American market as Accenture, IBM Global Services, CSC and EDS.
"This is clear proof that Wipro is now being considered in the same league as the bigger multinational players and vindicates its efforts at trying to be an end-to-end player," a Wipro official told Business Standard.
Wipro Technologies was acknowledged for its leadership in quality practices, its cost structure and higher growth rates relative to other offshore and domestic vendors.
"We are pleased by our favourable rating in the METAspectrum based on our global presence and delivery excellence in providing quality IT, BPO and product design services to our clients, across the globe," said Sudip Banerjee, president - enterprise solutions, Wipro Technologies.
"This rating validates our approach in achieving the vision of being amongst the top 10 global IT service providers and inspires us to work towards providing yet better value to our customers."
Wipro Technologies serves more than 300 customers across the US, Europe and Japan (50 of these are Fortune 500 companies), offering software application development and maintenance, IT consulting, business process outsourcing, product design, system integration and remote infrastructure management services.
It operates in 30 offices worldwide and has about 25,000 IT practitioners and domain consultants. It is part of the TMT (Technology-Media-Telecom) Index of the New York Stock Exchange.
"We developed METAspectrum to enable IT professionals to quickly evaluate vendors based on their ability to deliver on the presence and performance criteria that matter most in a given market," said Dean Davison, vice president and director, META Group.
Recently Wipro has been positioned as a strong contender by a rash of research reports from leading analyst houses like Meta, Gartner and Forrester.
Gartner had rated Wipro ahead of Infosys, TCS, Deloitte Consulting, and EDS in the emerging web services consulting and system integrators quadrant report.