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Nokia Siemens Networks And Wipro's New IT Partnership Model Wins Global Telecoms Business Innovation Award 2013

Stocks in this article: WIT

LONDON and BANGALORE, India, June 13, 2013 /PRNewswire/ --

Wipro Ltd. (NYSE:WIT), a leading global Information Technology, Consulting and Outsourcing company, and Nokia Siemens Networks, the world's specialist in mobile broadband, have jointly won the Global Telecoms Business (GTB) Innovation Award 2013 in the 'Wholesale Service Innovation' category for the IT R&D Partnership Project. Global Telecoms Business is a leading UK-based publication that covers the telecom industry.

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Nokia Siemens Networks decided to reposition its IT function to enable the company's overall business transformation and to renew its enterprise architecture. Nokia Siemens Networks IT organization created a truly innovative IT business model based on a self-guiding partner ecosystem for service delivery, where service providers and Nokia Siemens Networks IT are bound by jointly shared key performance indicators. They reflect Nokia Siemens Networks' business targets and ensure focus on architectural innovation, far beyond traditional outsourcing. Even the measurement of service performance is based on supplier-independent end-to-end business service availability and no longer on traditional service level agreements.

Wipro was selected as the provider of the R&D-related IT thanks to their integrated solution with a strong commercial model. It includes elements of shared business risk, a best-in-class transition plan and innovative transformational initiatives. The Wipro solution helps Nokia Siemens Networks remain competitive by shortening development cycles and reducing time to market for business critical product launches.  

In presenting the Awards, Alan Burkitt-Gray, editor of Global Telecoms Business, commented: "The telecoms industry has been one of the world's biggest investors in research and innovation for 150 years and it is vital that investment continues  and grows, not just for the health of the industry, but also so that people and businesses around the world can benefit from the remarkable services that vendors, operators and their partners in the ecosystem are developing. That's why we welcome this new move from Nokia Siemens Networks and Wipro to help promote innovation in the industry to the next level, and shorten the lead time for new products even further."

"We needed a fundamental change in the way both Enterprise and R&D related IT were managed to support the company's transformation. Wipro showed great enthusiasm for our approach and stepped up to the challenge in providing the R&D related IT services," said Manfred Immitzer, CIO, Nokia Siemens Networks. "It is great to receive this recognition from Global Telecoms Business."

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