| Wipro Technologies, the global IT services division of Wipro Limited, today revealed the results of a study conducted by META Group, a leading provider of IT research, advisory services and strategic consulting, on offshore product development. |
| According to META Group, global sourcing of product development will no longer be an optional strategy by 2007-08. With offshore outsourcing being accepted as a key strategy to stay competitive in the globalised economy, the production cycle for technology-centered products will require global resources and global delivery. |
| "Next-generation products will be developed with the globalisation model already deployed by large companies, and will extend down to regional and specialty players "" enabled by offshore outsourcing," said Dean Davison, vice president and director at META Group. |
| "Indeed, products developed without global resourcing will be late to market at uncompetitive costs by 2008-09." |
| Commenting on the findings Ramesh Emani - president, Embedded & Product Engineering - stated that "the study validates the trends that we are witnessing in our business. Wipro, with its vast expertise spanning over two decades in domains like computing platforms, semiconductors, automotive electronics, consumer electronics and industrial automation is committed to help its customers benefit from its global delivery model." |
| Wipro's SoC (system on chip) center based out of India provides extensive SoC integration activity, along with customisation and development of design modules and helps in 20 per cent reduction in product realisation. |
| This improves the client's time to market for its chipsets with a first time success in silicon rollout. |
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