New York, NY, USA and Bangalore, India, June 15, 2021: Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced a strategic partnership with Aachen, Germany headquartered FEV, a leading global engineering provider, to jointly develop and market world-class solutions for Software Defined Vehicles ('SDV'). The two organizations have jointly set up an innovation lab, which will develop automotive use cases, engineer a scalable software, electrical/electronic architecture and develop system features. With cloud and connectivity platforms becoming a part of every new automobile, the industrialization of SDV through this Innovation Lab will enable new and improved experiences for every driver and passenger.

The innovation lab brings together the best of senior technologists, along with engineers, developers, architects, and researchers from Wipro and FEV. Together, they will focus on research, product development, solutions, and roadmaps enabling go-to-market for global customers. The partnership will benefit from advancing individual technical capabilities and research goals besides commercialization of the jointly developed services and products.

Thomas Muller, CTO - Engineering and R&D Services, Wipro Limited said, 'We are excited to collaborate with FEV, one of the most respected names in the automotive industry, to jointly develop innovative solutions for Software Defined Vehicles. This is a significant step towards strengthening our services in the automotive and mobility related markets globally, and being at the forefront of these transformative technologies and experiences.'

Dr. Thomas Hülshorst, Global Vice President Intelligent Mobility & Software FEV said, 'We're excited to work with Wipro and believe that this collaboration combines the world-class IT and software capabilities of Wipro with FEV's dedicated automotive engineering and domain expertise to create breakthrough solutions and products for Software-Defined Vehicles. By leveraging such innovative competences, we seek to accelerate the product development activities and develop significant competitive advantage.'

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 200,000 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 FEV

FEV is a globally leading engineering provider with headquarters in Aachen, Germany. The focus of FEV's business is on one-stop vehicle development engineering, including vehicle and chassis design, powertrain development, new energy battery and fuel cell development, electronic and electrical development, intelligent driving development, connectivity, control systems and software development, test solutions and consulting services. The FEV Group currently employs 6,300 highly qualified specialists in customer-oriented development centers at more than 40 locations on five continents.

Media Contact:

Sony Shetty

Wipro Limited

sony.shetty@wipro.com

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. The conditions caused by the COVID-19 pandemic could decrease technology spending, adversely affect demand for our products, affect the rate of customer spending and could adversely affect our customers' ability or willingness to purchase our offerings, delay prospective customers' purchasing decisions, adversely impact our ability to provide on-site consulting services and our inability to deliver our customers or delay the provisioning of our offerings, all of which could adversely affect our future sales, operating results and overall financial performance. Our operations may also be negatively affected by a range of external factors related to the COVID-19 pandemic that are not within our control. 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.

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Wipro Limited published this content on 15 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 June 2021 12:53:06 UTC.