Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting, and business process services company, announced that it has been recognized as a Leader in Avasant's Hybrid Enterprise Cloud Services 2021-2022 RadarView™ report.
Wipro FullStride Cloud Services' industry leading cloud portfolio and work with clients achieved a 5-star rating across the three dimensions of practice maturity, partner ecosystem, investments and innovation.
Practice maturity - A transformative approach to help clients augment their existing cloud capabilities by building new industry-specific solutions, series of acquisitions, and investments in talent.
Partner ecosystem - A growing network of industry ecosystem partners that help deliver enhanced value to clients-such as the Wipro Google Cloud Innovation Arena, as well as other strategic endeavours with leading ERP and cloud governance providers
Investment and innovation - Acquisitions in 2021 (Capco and Ampion) led to establishing the firm as a leader in digital transformation and consulting. The report also recognised cutting-edge digital engineering services, including the firm's enterprise cloud community that consistently interacts through its crowdsourcing platform, Topcoder.
Gaurav Dewan, Associate Research Director, Avasant, said, "During the pandemic, enterprises looked for shorter hybrid cloud implementation cycles and shifted from deploying point solutions to the complete modernization of IT infrastructure. Wipro addressed this emerging trend with a new cloud transformation approach, Wipro FullStride Cloud Services, and positioned itself as a full-stack service provider. Wipro brought all its consulting teams across domains into a single umbrella and offered a series of standard blueprints and industry solutions to help accelerate time to market. It also strengthened its partnership with major cloud service providers and recently launched the cloud innovation arena in India in collaboration with Google Cloud to promote innovation and joint solutioning."
"Wipro's initiatives to integrate its cloud services, develop industry-specific solutions, and coinnovate with major cloud service providers have placed Wipro as a Leader in Avasant's Hybrid Enterprise Cloud Services 2021-2022 RadarView."
Milind Halapeth, Vice President and Global Head of Cloud Practice, iCORE, Wipro Limited, said, "We are pleased to be named a 'Leader' in Avasant's Hybrid Enterprise Cloud Services 2021-2022 RadarView™ report. This recognition reinforces the business-first approach we have at Wipro FullStride Cloud Services where we partner with leaders to bridge the gap between ambition and ability. As we continue to empower clients to unlock the strategic value of cloud, we look forward to becoming the preferred transformation partner that helps drive innovation, growth and resiliency."
Shares of Wipro Limited was last trading in BSE at Rs. 495.05 as compared to the previous close of Rs. 509.00. The total number of shares traded during the day was 1371314 in over 68844 trades.
The stock hit an intraday high of Rs. 519.00 and intraday low of 492.75. The net turnover during the day was Rs. 682713884.00.