Log in
Log in
Or log in with
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. India
  4. NSE India Stock Exchange
  5. Wipro Limited
  6. News
  7. Summary
    WIPRO   INE075A01022


Delayed NSE India Stock Exchange  -  07:29:01 2023-03-31 am EDT
365.25 INR   +1.73%
03/30Asian Equities Continue to Rally in Thursday Trading
03/30Wipro Names New Leader of India and Southeast Asia Businesses
03/28Easing Banking Sector Fears Support American Depositary Receipts of Asian Equities
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Wipro Limited : Wipro 'StORM' Tools Methodology Awarded Patent by USPTO

01/30/2012 | 05:46am EDT

Wipro 'StORM' Tools Methodology Awarded Patent by USPTO

Monday, January 30, 2012

Potentially Enables Reduction of Software Test Suite by at least 30%

Wipro Technologies, the Global Information Technology, Consulting and Outsourcing business of Wipro Limited (NYSE: WIT) today announced that it has been granted a patent by USPTO (United States Patent and Trademark Office) for its StORM(Statistics Operations Research Matrix) methodology. Wipro 'StORM' is a system and method for software test suite optimization, achieved by generating an Orthogonal Array(OA) for software testing using the mathematical principles for OA.

This method results in reducing the number of test cases many fold downwards and at the same time increases the effectiveness of the testing process, thus reducing the testing cycle and effort required. Wipro has reduced test cases by 75% from the original suite for a large telecom equipment vendor. The resulting efficiency has implied increased coverage and reduced effort and cycle time.

IDC forecasts a five year CAGR of 19% for discrete global testing services, reaching an estimated $17.7 billion by 2013 and Wipro being one of the largest Independent Testing Services providers, aims for a bigger share of this pie.

According to Rona Shuchat, Program Director for Application Outsourcing Services, IDC, "With the breadth and depth of its solution focus, innovation for go-to-market, and globally distributed practice for key emerging areas, Wipro ranks in the leadership quadrant in both the enterprise application testing views and in the product engineering testing services assessment."*

Arun Kumar Singh, Vice President,- Wipro Testing Services elaborates, "We are happy that Wipro's StORM methodology has received this recognition. It was also awarded the Software Testing Best Practice award by IIST (International Institute of Software Testing), USA, and clearly showcases Wipro's strategy of imbibing innovation in our processes, delivery and pricing models to enable our customers do business better."

About Wipro Technologies

Wipro Technologies, the global IT business of Wipro Limited (NYSE:WIT) is a leading Information Technology, Consulting and Outsourcing company, that delivers solutions to enable its clients do business better. Wipro Technologies delivers winning business outcomes through its deep industry experience and a 360 degree view of "Business through Technology" - helping clients create successful and adaptive businesses. A company recognized globally for its comprehensive portfolio of services, a practitioner's approach to delivering innovation and an organization wide commitment to sustainability, Wipro Technologies has 131,000 employees and clients across 54 countries. For more information, please visit www.wipro.com



Dirk Lewis
Wipro Technologies
+91- 7760983976


Eric Belove
Wipro Technologies
+1 732 216 6242


Rahul Kadavakolu
Wipro Technologies
+44 7920205496

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 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.
distribué par

Ce noodl a été diffusé par Wipro Limited et initialement mise en ligne sur le site http://www.wipro.com. La version originale est disponible ici.

Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-30 11:39:41 AM et restera accessible depuis ce lien permanent.

Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité.

© Publicnow 2012
All news about WIPRO LIMITED
03/30Asian Equities Continue to Rally in Thursday Trading
03/30Wipro Names New Leader of India and Southeast Asia Businesses
03/28Easing Banking Sector Fears Support American Depositary Receipts of Asian Equities
03/22Asian Equities Gain Ahead of US Fed's Rate Decision
03/22Bernstein Downgrades Wipro to Underperform From Market Perform, Adjusts Price Target to..
03/21FPIs net buyers of Indian stocks upto mid-March due to GQG's Adani investment-NSDL data
03/20Asian Equities Slightly Higher After UBS Rescues Credit Suisse
03/17Asian Equities Move Lower in Friday Trading, Look to Close Week Ahead
03/15Banking Crisis Fears Send Asian Equities Tumbling in Wednesday Trading
03/14The Metaverse Will Metamorphosize Businesses, With Early Adopters Set to Reap the Bigge..
More news
Analyst Recommendations on WIPRO LIMITED
More recommendations
Sales 2023 908 B 11 060 M 11 060 M
Net income 2023 115 B 1 400 M 1 400 M
Net cash 2023 229 B 2 786 M 2 786 M
P/E ratio 2023 17,5x
Yield 2023 2,05%
Capitalization 2 001 B 24 365 M 24 365 M
EV / Sales 2023 1,95x
EV / Sales 2024 1,72x
Nbr of Employees 240 000
Free-Float 26,7%
Duration : Period :
Wipro Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Mean consensus HOLD
Number of Analysts 39
Last Close Price 365,30 INR
Average target price 408,33 INR
Spread / Average Target 11,8%
EPS Revisions
Managers and Directors
Thierry Delaporte CEO, Executive Director & Managing Director
Jatin Pravinchandra Dalal President & Chief Financial Officer
Rishad Azim Premji Executive Chairman
Subha Tatavarti Chief Technology Officer
Harmeet Chauhan Global Head-Engineering, Research & Development
Sector and Competitors
1st jan.Capi. (M$)
WIPRO LIMITED-7.00%24 365
ACCENTURE PLC7.11%180 498
1 MarketScreener is worth more than 1000 Influencers!
100% Free Registration