Azim Premji’s Wipro Rejigs business line, a new structure that starts on April 1, focuses on…
However, Wipro’s acquisition of Capco in 2021 will not change Capco, a management consulting service and digital transformation solutions company.
Wipro is the fourth largest IT service player in India with a market capitalization of Rs 2.76 crore. The IT specialty, founded by Azim Premji, recently announced a restructuring in its Global Line of Business (GBLS). The move is better with changing customer needs and leverages opportunities for artificial intelligence (AI), cloud computing and digital transformation. The Bangalore-based IT company will now have four GBLs organized around customer purchasing behavior. The company said in its regulatory filing that these will be technical services, business process services, consulting services and engineering. The changes will take effect from April 1, 2025.
The company said customers are increasingly seeking integrated, result-oriented solutions to enhance agility and innovation. Wipro acquired Capco in 2021 and Capco will not change anything. In 2019, Premji’s son Rishad inherited his father and served as executive chairman of Wipro.
Wipro CEO and MD’s big remodel
“The growth of our business line will allow us to further increase the focus on customer needs through consulting-led and AI-driven solutions. This restructuring will allow us to better serve our customers and enable us to deliver tailored, high-impact transformations.”
4 global business lines
Led by Nagendra Bandaru, Technology Services Vertical will provide cloud-powered and industry-specific technology solutions. It will focus on digital and industry cloud, cybersecurity and risk services, cloud and infrastructure services, data, analytics, as well as AI, enterprise applications and Designit (WIPRO).
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Business Process Services led by Jasjit Singh Kang will specialize in digital operations and business process transformation. Kang is a new appointment to join Wipro starting April 1, 2025. He will report directly to Pallia. Consulting services and engineering will be led by Amit Kumar and Srikumar Rao, respectively. Wipro shares settled 1.66% under BSE on Friday to Rs 263.95.
(Input with PTI)
