|By Business Wire||
|August 6, 2014 08:00 PM EDT||
Wipro Ltd. (NYSE:WIT), a leading global information technology, consulting and business process services company, today announced that Ok Tedi Mining Limited (OTML), a leading State-owned copper and gold mining company based in Papua New Guinea (PNG), has extended its strategic partnership with the company to drive OTML’s transformation journey and achieve its Digital Mining Vision 2025.
OTML is recognised as a responsible corporate citizen in PNG and has provided over three decades of support to the government and people of the Western Province of PNG. Wipro has partnered with OTML to help improve business processes using advanced technologies, and enable its future mode of operations.
Garry Tuckwell, Global Head of Wipro’s Natural Resources business, said, “Wipro is pleased to have developed this partnership with OTML. We have worked closely with the executive and senior leadership team to help define the key strategic initiatives that will enable the company to realise its future vision and potential. We are excited at the opportunity to leverage our broad set of capabilities, coupled with Ok Tedi’s in-depth mining expertise, to really help transform its mining operations, so that it is well positioned to win in the PNG mining industry, while creating a safe and secure environment for its workforce.”
Derrick Kelly, OTML General Manager Business Strategy and Support, said, “Our partnership with Wipro will allow us to focus on implementing mining best practices across our organisation and increase the skill levels of the local workforce in PNG. It will also help us establish a ‘Digital Mine’ of the Future, in one of the remotest locations in the world.”
OTML is establishing a new framework that embraces the role of technology, a new set of capabilities within the organisation to successfully use business best practices and systems, and streamline the organisation’s operations across the entire value chain, eliminating waste and maximising shareholder returns from the resources at its disposal.
As part of the partnership, OTML and Wipro have launched the “Strongim Future Program” – leveraging the SAP® ERP application – as a key foundation in the transformation journey. SAP is a market-leading provider of integrated ERP solutions for the mining and metals industry, enabling customers across the globe to achieve efficiency in their operations. The Strongim Future Program will utilize SAP best practices, replacing a number of legacy systems and putting in place the cornerstone for OTML’s future mode of operations.
Wipro’s Natural Resources division, a part of its Energy, Natural Resources and Utilities (ENU), Strategic Business Unit, provides strategic advice and leverages advanced technology services from across the organisation to create game-changing strategies and address key business challenges of the metals and mining industry. Experienced specialists offer services and solutions that incorporate a range of capabilities across the entire value chain, from exploration through feasibility and ultimately operations.
About Wipro Ltd.
Wipro Ltd. (NYSE:WIT) is a leading Information Technology, Consulting and Business Process Services company that delivers solutions to enable its clients to do business better. Wipro 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 recognised globally for its comprehensive portfolio of services, a practitioner’s approach to delivering innovation, and an organization wide commitment to sustainability, Wipro has a workforce of over 140,000, serving clients in 175+ cities across 6 continents. For more information, please visit www.wipro.com
Ok Tedi Mining Limited is a one hundred percent government owned organisation that operates the Ok Tedi Mine in the northern part of the Western Province of Papua New Guinea. The Ok Tedi Mine is an open-pit copper and gold mine located near the headwaters of the Ok Tedi River, in the Star Mountains Rural LLG of the North Fly District. Ok Tedi has produced copper and gold from its Mount Fubilan mining operation since 1982.
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All other product and service names mentioned are the trademarks of their respective companies.
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.
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