Wipro to invest $1 billion to expand Cloud transformation capability

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As the cloud opportunity accelerates, Wipro FullStride Cloud Services brings together the full portfolio of Wipros cloud-related capabilities, offerings and talent to better orchestrate the cloud journey for clients, the Bengaluru- headquartered IT services major said in a statement.

Wipro to invest $1 billion to expand Cloud transformation capability
Wipro Limited on Tuesday announced the launch ofWipro FullStride Cloud Services and its commitment toinvest $1 billionin cloud technologies, capabilities, acquisitions and partnerships over the next three years. As the cloud opportunity accelerates, Wipro FullStride Cloud Services brings together the full portfolio of Wipros cloud-related capabilities, offerings and talent to better orchestrate the cloud journey for clients, the Bengaluru- headquartered IT services major said in a statement.
"This commitment builds on Wipros existing and extensive cloud business with clients and significantly expands the investment with its partners and hyperscalers, creating industry solutions that accelerate results for mutual clients", it said. Wipro said it has seen consistent growth in its cloud business and today employs over 79,000 cloud professionals and more than 10,000 people certified by leading cloud service providers.
Over the past 12 months, Wipro has announced significant cloud-related wins with Telefnica Germany / O2, Verifone, and E.ON in addition to METRO AG, one of the largest deals in Wipros history. Today, cloud adoption is at the core of any IT transformation initiative, and our clients have been turning to Wipro for help with this.
With our USD 1 billion investment in cloud capabilities, and the launch of Wipro FullStride Cloud Services, we are in a far stronger position to simplify, orchestrate and accelerate the cloud journey for our clients, saidChief Executive Officer and Managing Director, Wipro Limited, Thierry Delaporte. Wipro FullStride Cloud Services will work with clients to better align business and IT with the cloud imperative,create significant business value and increase competitive differentiation, it was stated.

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CompanyPriceChng%Chng
Hindalco458.10 41.80 10.04
Tata Steel1,458.60 93.60 6.86
Bajaj Finserv14,599.05 628.50 4.50
SBI441.55 16.05 3.77
JSW Steel748.40 26.70 3.70
CompanyPriceChng%Chng
Tata Steel1,459.00 93.85 6.87
Bajaj Finserv14,590.45 625.20 4.48
SBI441.75 16.30 3.83
HCL Tech1,007.60 24.95 2.54
Sun Pharma703.25 15.70 2.28

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