Wipro Technologies, the Global Information Technology, Consulting and Outsourcing business of Wipro Limited (NYSE: WIT), has today announced the consolidation of its India and Global IT Infrastructure Business to form a New Business Unit called Global Infrastructure and Services (GIS).
One of the cornerstones of Wipro's success over the years has been the leadership in Infrastructure Services business. Infrastructure Services have been a high growth, high impact segment and the market is poised for the next level of transformation with increased focus on variabilization of IT.
TK Kurien, CEO, IT Business and Executive Director, Wipro Ltd. said, "We see tremendous value in establishing global practices, integrated delivery, program governance and global career opportunities for our teams. A single entity across the globe will further accelerate our growth in the infrastructure business and build on our leadership position."
Anand Sankaran, SVP, Head Wipro Infotech and Global Infrastructure and Services, Wipro Technologies said, "Wipro is now better positioned in the infrastructure services market through its global footprint, comprehensive alliance ecosystem, system integration proposition and transformational capability. The new consolidated structure will help Wipro maximize value delivered to clients globally through our best of breed service innovation and research efforts."
To bring in common direction and leadership, Anand Sankaran will lead the Global Technology Infrastructure Services business, in addition to his current responsibility as Head of Wipro Infotech. As a result of the consolidation Deepak Jain would work closely with Anand Sankaran to build and execute strategies to enable Wipro's leadership in the global Infrastructure services market, which is currently estimated to be USD 250bn.
About Wipro Technologies
Wipro Technologies, the global IT business of Wipro Limited (NYSE:WIT) is a leading Information Technology, Consulting and Outsourcing company that delivers solutions to enable its clients do business better. Wipro Technologies delivers winning business outcomes through its deep industry experience and a 360 degree view of "Business through Technology" - helping clients create successful and adaptive businesses. A company recognized globally for its comprehensive portfolio of services, a practitioner's approach to delivering innovation and an organization wide commitment to sustainability, Wipro Technologies has 120,000 employees and clients across 54 countries. For more information, please visit www.wipro.com.