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Wipro Cited as a 'Leader' in 2021 Gartner Magic Quadrant for Managed Workplace Services, North America and Europe reports

Posted On: 2021-04-19 13:16:59 (Time Zone: UTC)


Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has been positioned as a 'Leader' in the Gartner Magic Quadrant for Managed Workplace Services (MWS) reports, both in North America and Europe.

A total of 19 software vendors in the Magic Quadrant for Managed Workplace Services, Europe and 20 in the Magic Quadrant for Managed Workplace Services, North America were evaluated based on their visions, market understanding and strategy, innovation, and execution capabilities. Wipro has been positioned as a Leader in Europe for the second time and North America for the fourth consecutive year.

According to both the reports, "Leaders deliver their service solutions skillfully, have a clear vision of the direction of the service market, and are actively building and improving their competencies to sustain their leadership positions. The Leaders quadrant indicates the direction of the MWS market. However, most digital workplace offerings still have low adoption rates. Leaders have demonstrated their experience in delivering MWS and understand the requirements to successfully deliver these services. They have proved their Ability to Execute and their Completeness of Vision."

Kiran Desai, Senior Vice President and Global Head, Global Infrastructure Services, Wipro Limited said, "It is exciting to be consistently named a 'Leader' in the Gartner reports for both North America and Europe. We believe this recognition highlights that our strategy of combined focus on enhancing employee experience and improving productivity, is helping our customers, across industry verticals, achieve significant business outcomes. We continue to invest in our product and platforms, such as LiVE Workspace™, Wipro virtuadesk™ and Intuitive Workspaces, to create an integrated ecosystem which enables hybrid work and increases employee engagement. Our focus on creating a lean, agile and outcome-driven delivery model will help us provide contextual business aligned services to our customers, governed by experience and business-level agreements."

Wipro's LiVE Workspace™ solution is backed by a strong partner ecosystem. It helps enterprises shift from a traditional one-size-fits-all approach to a digitally empowered user-persona-centric workspace. The solution is an end-to-end standardized and integrated workplace offering consisting of pre-defined tools, technologies, platforms and processes. With it, users can access their business applications and data anywhere, anytime. The solution offers predictive and prescriptive analytics with advanced cognitive capabilities to identify, resolve, and manage critical applications and infrastructure.

Shares of WIPRO LTD. was last trading in BSE at Rs.472.65 as compared to the previous close of Rs. 469.25. The total number of shares traded during the day was 2020253 in over 32230 trades.

The stock hit an intraday high of Rs. 478 and intraday low of 460.8. The net turnover during the day was Rs. 950388436.


Source: Equity Bulls

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