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Wipro invests $1 billion in product development
Wipro has decided to focus on the active development of cloud transformation. To this end, it plans to invest $1 billion in this area over the next three years. The funds will be used to develop new cloud technologies, to improve existing projects, as well as to acquire developers who will help the company achieve its goals faster.
Wipro operates in the segment of information technology, provides solutions that improve business efficiency, as well as consulting services.
The main product of the company is a cloud platform called FullStride Cloud Services. It includes the whole complex of cloud products, which help clients to solve their tasks successfully.
Wipro emphasizes its focus on the global partner ecosystem as an important aspect of cloud transformation. In addition, separate attention is paid to simplifying processes in the marketing organization, which simplifies cloud transformation of customers’ businesses.
Wipro has increased the number of employees to expand the functionality of its products. It is planned that over time their number will grow to 79 thousand people, among which 10 thousand will be certified providers of cloud solutions. It is already known that the company signed a deal with METRO AG Corporation, which has become the largest in the history of the developer. The retailer operates in 25 countries worldwide and it is extremely important for it to ensure maximum decentralization, which can be achieved by moving most of its processes to the cloud. METRO is confident that the cooperation with Wipro will improve control over internal processes and increase the level of service. In addition, Wipro wants to increase its service capabilities by cooperating with Telefónica Germany / O2 and E.ON.
The company’s management is confident that the billion-dollar investment will help it become a more useful partner for customers, and make their transition to the cloud much better and faster. In addition, product improvements will help Wipro become more competitive in the market and make a leap in development faster than other similar companies.
Wipro FullStride cloud service helps accelerate business transformation in terms of better digitalization. The use of innovative solutions plays an important role in the sustainability and flexibility of the business.
Wipro’s customers are companies in different fields, located in different parts of the world. They are served by 200,000 employees, providing solutions related to building an optimal ecosystem with customers, implementing innovative ideas to improve internal processes and ensuring their protection. Wipro products incorporate automation technologies, robotics principles and analytical approaches. And all to make your customers’ operations as efficient and successful as possible.