Wipro Boosts Intellectual Property Capabilities To Enhance Business Strategy

Wipro Ltd. (NYSE:WIT), a leading global information technology, consulting and outsourcing company today announced that it has been selected as part of the Asia IP Elite, a groundbreaking research project conducted by Intellectual Asset Management (IAM)’s editorial team.logo

The IP Business Congress Asia (IPBC Asia) is an event that addresses IP value creation and is hosted by Intellectual Asset Management (IAM). The audience comprises of senior decision makers from major IP-owning companies, as well as investors, aggregators and intermediaries, and political, advisory and financial representatives. The IPBC Asia programme focuses on how companies strategically use intellectual property to secure greater operational flexibility, drive revenues, enhance bottom-line returns, increase shareholder value and gain greater leverage in financial markets.

Commenting on the occasion, Dr. Anurag Srivastava, Chief Technology Officer, Wipro said, “Wipro has been recognized as one of the 48 companies in Asia and one of only two Indian organizations that has consistently put intellectual property at the very heart of corporate strategy. We will continue to drive this momentum around our Intellectual Property, in line with our customers’ changing business environment to ensure that they are able to take advantage of any shift in their markets.”

The IAM editorial team researched the Asia IP Elite intensively for two months from both a qualitative and quantitative perspective to understand whether companies are engaging in constructive and sustainable use of intellectual property. The research focuses on how IP assets are being utilized and integrated into a company’s overall business strategy.

“Although Indian companies are beginning to acknowledge the importance of intellectual property, Wipro is one of the two Indian companies that has been recognized as a leader in this space and can compete on an international scale,” according to the IAM Editorial Team.