RAVENFLOW JOINS HANDS WITH WIPRO
Bangalore, India and Emeryville, CA—May 17, 2010—Ravenflow, the leader in visual requirements definition software, announced a partnership with Wipro Technologies, the global IT services business of Wipro Limited (NYSE:WIT).
Ravenflow's RAVEN, based on its patented language processing technology, empowers analysts and consultants to effectively define and communicate their business processes and application needs. The tool enables companies to describe their business requirements in English, which are then automatically converted into visual processes and use cases. The tool also validates the requirements and identifies gaps in the specified requirements. With its distinctive business orientation and process-based approach to requirements definition, RAVEN is uniquely suited for use on both enterprise process improvement and application development projects.
"We are excited that Wipro has chosen RAVEN to further enhance their services to their insurance customers," said Susan Boers, president and CEO of Ravenflow. "Wipro is one of the largest and most sophisticated information technology service providers in the world and their track record of handling critical business projects across the insurance value chain is impressive."
Together with Wipro's Insurance Process Libraries, which are a pre-defined set of business processes, process maps, use cases, test scenarios, and test cases, the integrated solution is a robust tool for business process transformation, business process re-engineering, and a handy set of artifacts for six-sigma optimization, lean execution, and waste reduction.
"Wipro's insurance solutions enable insurers to stay ahead of competition by helping them transform into a leaner and robust organization capable of seizing business opportunities and propelling product innovations," said Ajoy Menon, Global Insurance Head, Wipro Technologies. "We understand the challenges insurers face in the wake of stringent regulatory controls, shrinking margins, changing consumer demographics, and rising operational and transactional costs. To help meet these challenges, we have chosen Ravenflow to provide visual validation right up front at the requirements definition phase."
As part of this joint initiative, Wipro will set up a Center of Excellence in India where customers will be able to experience the integrated solution in more depth.
About Ravenflow
Ravenflow is the leading provider of visual requirements definition software that allows companies to gain better insight, clarity, and quality in their process improvement and application development projects. Leveraging a uniquely business-driven and process-based approach, Ravenflow transforms requirements definition by empowering business analysts to rapidly produce clear specifications of their business process workflows, business use cases, and business application needs. Ravenflow recently was named the fastest growing company in the requirements market, received the 2009 Jolt Productivity Award and the 2009 IBM Rational ISV Partner of the Year Award, and was selected as a Gartner "Cool Vendor in Application Development."
About Wipro
Wipro Technologies, a division of Wipro Limited (NYSE:WIT), is the first PCMM Level 5 and SEI CMM Level 5 certified global IT services organization. Wipro Technologies was recently assessed at Level 5 for CMMI V 1.2 across offshore and onsite development centers. Wipro is one of the largest product engineering and support service providers worldwide. Wipro provides comprehensive research and development services, IT solutions and services, including systems integration, information systems outsourcing, package implementation, software application management, and datacenter managed services to corporations globally.
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All products mentioned in the release are trademarks or registered trademarks of Ravenflow. All other trademarks, trade names, and/or product names are used solely for the purpose of identification and are the property of their respective owners.
Media Contact for Ravenflow
Adam Frankl, Vice President of Marketing
Ravenflow
650-823-4057
adam.frankl@ravenflow.com