Bangalore : Wipro Technologies, the global Consulting, System Integration and Outsourcing business of Wipro Limited (NYSE:WIT), today announced that it has been recognized as a winner of the Global MAKE (Most Admired Knowledge Enterprises) Award 2010. Established in 1998, the Global MAKE Awards are administered by Teleos, an independent research firm based out of the UK.

This is the 4th time that the Company has been recognized among the top global organizations that are creating shareholder/stakeholder wealth by transforming new as well as existing enterprise knowledge into superior products, services or solutions. Wipro’s accomplishments in creating a knowledge driven culture, an environment conducive to knowledge sharing and in driving organizational learning have earned special commendation from the awarding authority. Wipro has also been inducted into the 2010 Global MAKE Hall of Fame.

In addition, Wipro has also won the Asian MAKE Award this year, thus earning the distinction of being the only Indian IT Company to win the award eight times in a row. Its capabilities in formulating knowledge management (KM) strategies and roll-out of enterprise-wide KM programmes for its customers have been further validated by the grant of a patent on KM by the US Patent and Trademark Office in February 2010 for “Business-aligned Knowledge Management System and Method for Creating the same.”

Rory Chase, Managing Director of Teleos, said “Global Enterprises with long-term and focused strategies in innovation, knowledge sharing and collaboration, and skills and competencies development invariably emerge in stronger positions across business cycles and scenarios. Wipro’s unwavering commitment to knowledge creation, use and re-use has certainly contributed to its exceptional competitive performance. ”

Expressing happiness on the recognitions for Wipro’s knowledge initiatives at global, regional and national levels, Mr. Ved Prakash, Chief Knowledge Officer of Wipro’s Global IT Business said, “It is a matter of great pride to be a recipient of this prestigious global recognition. Wipro has always viewed Knowledge Management (KM) as one of the cornerstones of its people-intensive business and this award is a testimony to the contribution of various KM initiatives in the all-round success of the organization.

He further added, “This wouldn’t have been possible without active participation of all our employees and customers in creating a thriving culture of knowledge sharing and collaboration. Wipro has been helping its customers as well in formulating their own knowledge strategies and by sharing best practices matured over a KM journey of more than eleven years.”

The 20 Global MAKE Winners are chosen by a panel of Global Fortune 500 business executives and leading knowledge management and intellectual capital experts after several rounds of consensus building on key knowledge performance dimensions amongst the panel.

The Global MAKE study has found that knowledge-driven organizations significantly out-perform their competitors. The 2010 Global MAKE Winners trading on the NYSE/NASDAQ showed a Total Return to Shareholders (TRS) for the ten-year period 2000-2009 of 11% – nearly three times the average Fortune 500 company median.