Wipro and Cisco Launch Managed Private 5G-as-a-Service Solution to Accelerate Enterprise Digital Transformation

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, today launched a managed private 5G-as-a-Service solution in partnership with Cisco (NASDAQ: CSCO). The new offering enables enterprise customers to achieve better business outcomes through the seamless integration of private 5G with their existing LAN/WAN/Cloud infrastructure.

The changing nature of work and digital transformation across Information Technology (IT) and Operational Technology (OT) infrastructures are being driven by 5G and other complementary technologies. Managed private 5G from Cisco and Wipro supports organizations looking to enjoy the advantages of a private 5G network without having to acquire, run, and maintain one. The asa-service solution benefits enterprise customers by minimizing the risks associated with upfront capital expenditure (Capex) investments and expedites technology adoption as Wipro and Cisco take on the technical, operational, and commercial risks of implementing the solution.

"Private 5G is already enabling connectivity for a wide range of use cases in factories, supply chains, university and enterprise campuses, entertainment venues, hospitals, and more," said Masum Mir, Senior Vice President and General Manager, Provider Mobility, Cisco Networking. "We've created a simplified and intuitive private 5G solution with Wipro, leveraging the advantages of 5G, IoT, Edge and Wi-Fi6 technologies to improve customer outcomes."

The managed private 5G solution is built on Cisco's industry-leading mobile core technology and Internet of Things (IoT) portfolio - spanning IoT sensors and gateways, device management software, as well as monitoring tools and dashboards. The solution is seamlessly built, run, and managed by Wipro for customers. To support the partnership, Wipro has created a dedicated private 5G lab to build, test, and demonstrate industry use-cases.

"Wipro and Cisco have a long history of building secure networks for enterprises and industries," said Jo Debecker, Global Head of Wipro FullStride Cloud. "We are both dedicated to the partnership and delivering a secure, cloud-managed private 5G service to our customers. Because it is an as-a-service solution, it provides maximum benefits while minimizing the human resources and costs associated with owning a private network."

Lourdes Charles, Vice President, 5G / Connectivity Services, Wipro Limited said, "Private 5G integration will put organizations on the cusp of a new revolution. We are delighted to expand our long-standing strategic relationship between Cisco and Wipro to include managed private 5G solutions for enterprise customers. To simplify the customer experience, the solution will validate mission-critical use cases, operations Service-Level Agreements, and lifecycle management. Wipro is fully committed through our 5G Def-i platform, to assist customers with their private 5G networks through best-in-class technology, pricing, and performance."

Shares of Wipro Limited was last trading in BSE at Rs. 402.80 as compared to the previous close of Rs. 399.90. The total number of shares traded during the day was 360473 in over 6954 trades.

The stock hit an intraday high of Rs. 403.60 and intraday low of 401.05. The net turnover during the day was Rs. 145201660.00.

Source : Equity Bulls

Keywords

Wipro INE075A01022 WIT 5GasaService Cisco