Wipro Ranked Among Top 3 At Asian MAKE Awards 2015
Leader in the Indian Organizations in Asian MAKE
Wipro Limited, a leading global information technology, consulting and business process services company, today announced that it has been recognized among the top 3 companies who have been awarded the Asian MAKE (Most Admired Knowledge Enterprise) Award. The MAKE Awards are administered by Teleos, an independent research firm based in the United Kingdom. The winners for the Asian MAKE award are selected by a panel of Fortune Global 500 senior executives and leading knowledge management (KM) and intellectual capital experts, based in Asia.
The 2015 Asian MAKE panel recognised Wipro for creating a knowledge-driven enterprise culture. This is the thirteenth consecutive year that Wipro has been recognised as an Asian MAKE Winner.
The Asian MAKE study recognises Asian head quartered organisations for their ability to create shareholder value by transforming new as well as existing enterprise knowledge into superior products, services and solutions.
Based on the findings of the 2015 Asian MAKE study, the benefits of the economic and competitive advantages of ‘pursuing a business strategy based on knowledge leadership’ are tangible and significant. Successfully managing enterprise knowledge yields big dividends. The 2015 Asian MAKE Winners’ average Return on Revenues (ROR) was 13.7% – 3.5 times that of the Fortune Global 500 ROR company median. The average Return on Assets (ROA) for the 2015 Asian MAKE Winners was 15.2% – 5.9 times that of the Fortune Global 500 ROA company median.
Wipro’s KM initiatives have been facilitating seamless knowledge flow between all stakeholders like customers, partners and the delivery teams. The focus has been on creating business value and delivering enhanced customer experience through the organization’s collective knowledge.
Rory Chase, Managing Director, Teleos said: “Wipro, a member of the 2015 Asian Most Admired Knowledge Enterprises (MAKE) Hall of Fame, has been recognised as a leader in creating a knowledge-driven, customer-focused company. Wipro is expanding its portfolio of intellectual capital, enabling the firm to out-perform its competitors during this period of continuing economic uncertainty.”
Acknowledging the recognition, Abidali Z. Neemuchwala, Group President & Chief Operations Officer, Wipro Ltd. stated, “Wipro has a long tradition and an ingrained culture of building knowledge repositories. Cognitive intelligence, hyper-automation and digital technologies will play a defining role in the future. Our investments towards building expertise in these domains will help us empower our customers to stay ahead of their competition. Winning the Asian MAKE award for the past 13 years bears testimony to the value we attach to being a knowledge-driven organization.”
“Experimentation and Innovation are key levers for driving various KM initiatives within Wipro and the current focus is on KM digitalization. The recognition as 2015 Asian MAKE winner reinforces the business value that is being provided for our stakeholders”, added Dr. Hariprasad Reddy, Head of Knowledge Management, Wipro Ltd.