Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Stock Report

| More

Wipro and IBM strengthen relationship; announce the expansion of IBM Hybrid Cloud Practice

Posted On: 2020-10-29 04:12:39


Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced its intention to expand its IBM Hybrid Cloud Practice. Supported by technical experts from both organizations, the practice is expected to help Wipro customers modernize their digital operations across hybrid cloud environments by leveraging IBM Cloud Paks, containerized software running on Red Hat OpenShift.

Wipro's IBM Hybrid Cloud Practice unit will help customers innovate at scale by leveraging industry-ready Wipro solutions such as BoundaryLess Enterprise (BLE) and ModernizR. Both of these solutions were built with IBM Cloud Paks on Red Hat OpenShift and can run in any cloud environment, including the IBM public cloud.

- BoundaryLess Enterprise (BLE) is a hybrid cloud management platform that offers a comprehensive array of technologies in a single environment that enables customers to run their cloud-native applications from anywhere. BLE leverages IBM's open hybrid cloud capabilities to support containers, IaaS, and PaaS computing models that can help enterprises accelerate their transformation journey to the cloud.

- ModernizR is a software-based solution built with IBM Cloud Pak for Applications, a key technology in Wipro's cloud migration and operations portfolio. The solution is designed to help enterprises move their legacy applications to the cloud by leveraging artificial intelligence to mine and analyze customer's legacy applications and data. The resulting insights can be used to assess risk and recommend a migration strategy that includes employing automation to help software developers re-engineer the application.

Bhanumurthy B.M, President and Chief Operating Officer, Wipro Limited said, "Wipro empowers customers across industries to re-imagine their cloud journey with its business-first strategy and industrialized solutions approach. We believe the future will be driven by hybrid cloud hence, the expansion of IBM Hybrid cloud practice is intrinsic to our strategy. It will strengthen our relationship with IBM and help accelerate our clients' transformation journey across hybrid cloud environments."

Bob Lord, Senior Vice President, Cognitive Applications and Ecosystems, IBM said, "The expansion of our relationship with Wipro reinforces our joint commitment to help clients accelerate their journey to cloud across industries, including highly regulated sectors such as financial services, energy and utilities, manufacturing and healthcare. Wipro's industry knowledge, combined with IBM's hybrid cloud and AI platform powered by Red Hat OpenShift, can help enterprises drive real business transformation by migrating and managing their critical workloads across an open hybrid cloud environment."

Wipro is part of IBM's hybrid cloud ecosystem, an initiative to support global system integrators and independent software vendors to help clients modernize workloads with Red Hat OpenShift for any cloud environment, including the IBM public cloud. Red Hat OpenShift is the industry's leading enterprise Kubernetes platform. The IBM public cloud is the industry's most secure and open public cloud for business. With its security leadership, enterprise-grade capabilities and support for open source technologies, the IBM public cloud is designed to differentiate and extend on hybrid cloud capabilities for enterprise workloads.

Wipro recently announced a 5G edge services solution suite that integrates IBM Edge Application Manager and TRIRIGA to address a range of concerns related to deploying and managing distributed services on devices, private edges and telecom operator's Multi-Access Edges globally. The company received the IBM Beacon Award for Best IBM Hybrid Multi Cloud Practice at IBM PartnerWorld 2020.

Red Hat and OpenShift are trademarks or registered trademarks of Red Hat, Inc. or its subsidiaries in the U.S. and other countries.

Shares of WIPRO LTD. was last trading in BSE at Rs.337.55 as compared to the previous close of Rs. 335.6. The total number of shares traded during the day was 164189 in over 3186 trades.

The stock hit an intraday high of Rs. 339.8 and intraday low of 331.2. The net turnover during the day was Rs. 55119983.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com






Other Headlines:

EPL Ltd to raise Rs. 50 crore through commercial papers

Infibeam Avenues Collaborates with Bank Muscat, Oman's biggest bank, to offer high-end PG services to merchants in Oman

Wintac Ltd promoters accept discovered price of Rs. 350 for delisting offer

Äbhayam (Abhaya) Project Inaugurated

GMR Kamalanga Energy Ltd ordered to pay Rs. 1005 crore to SEPCO Electric Power Construction Corporation

Jio Platforms Limited receives subscription amount of Rs. 33,737 crore from Google

Central Bank of India Supported to install Police Station at Marine Drive

UN extends contract of Trigyn Technologies Inc for providing IT staffing support service to OICT

Jubilant Industries Limited to sell its portable liquor license to manufacture IMFL

Open Offer to acquire shares of Timex Group India Ltd at Rs. 24.26 per share

Exide Industries Limited raises stake in Exide Leclanche Energy Pvt Ltd to 80.15%

NMDC bags CSR Excellence Awards

Central Bank of India organized Road Show and distributed MASKS

NIIT Earns Two Coveted Learning Technologies 2020 awards jointly with MetLife

Suyog Telematics Limited awarded as Asia's 200 Best under A Billion 2020 by Forbes

Burgan Bank deploys iGTB's Digital Transaction Banking platform with powerful channel capabilities to power its corporate banking expansion strategy

Airtel and Vedantu empower millions of school children with affordable access to quality education on their home TV screens

Biocon Limited to acquire 26% stake in Hinduja Renewables Two Private Limited

Ircon International Ltd bags orders of Rs. 723 crore

Radio City launches the 12th Season of 'Radio City Super Singer'

Recently published data on Favipiravir as treatment for mild to moderate COVID-19 demonstrates significant improvement in time to clinical cure

ICRA reaffirms longterm rating of BEML Limited

Hester Biosciences Nepal launches a Live Thermo-tolerant PPR Vaccine

Sukhjit Starch & Chemicals Ltd's subsidiary to inaugurate Mega Food Park project on Nov 24, 2020

TCS OmniStore™ Named the POS Technology of the Year at the Retail Systems Awards 2020

Strides Pharma Global Pte. Ltd. receives USFDA approval for Prednisone Tablets

Mindtree Partners with the Nordex Group to Drive Forward the Company's Digital Transformation Journey

Vivimed Labs Limited receives product approvals for 3 ophthalmic products, 3 oral liquid suspension products

Max Estate starts construction of commercial realty project Max Square in Noida at Rs 400 crore cost, with New York Life Insurance Company as financial partner

Praj Industries Ltd signs MoU with Petroleum Ministry to facilitate setting up of CGB plants

SREI Infrastructure Finance Ltd plunges on RBI audit

APSEZ Ranks 14th in the Transportation and Transportation Infrastructure Sector of Dow Jones Sustainability Emerging Markets Index, 2020

BEML receives additional contract from DMRC

Dwarikesh Sugar Industries Ltd to commence distillery plant at enhanced Capacity at Dwarikesh Nagar

Fire incident at Dai-Ichi Karkaria Ltd's plant at Dahej

Union Bank of India board to consider fund raising on Nov 25, 2020

CG Power, Tube Investments of India Ltd and lenders enter into binding agreements for restructuring of debt

ICRA Limited revises ratings of Can Fin Homes Ltd

CARE revises bank facilities rating of Vaibhav Global Limited

Norican Group appoints Mr. Declan Guerin as CFO

ICRA reaffirms, upgrades ratings of Canara Bank's bonds

Indiabulls Housing Finance Limited appoints Mr. Dinabandhu Mohapatra as independent director

RMC Switchgears Ltd bags sales order of Rs. 3.28 crores from MSEDCL

Telanagana Government to provide subsidies up to Rs. 25 crores to Hatsun Agro Product Ltd

Rishiroop Limited enters into MOU for sale of land

Delivery of first Varunastra Flagged off at Bharat Dynamics' Visakhapatnam Unit

Petronet LNG Ltd signs MoU to set up Compressed Bio Gas Plants

Shri Dharmendra Pradhan inaugurates OIL's Seismic Survey Campaign in Mahanadi Basin (Onland)

JSPL Standalone Steel Production rose 13% (Y-o-Y) in October 2020

Nucleus Software's FinnAxia wins the 'Best Technological Innovation in Payments - B2B' Award



Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019