Wipro gears up for mega global deals
By Mini Joseph Tejaswi, TNN |
Highlights
BANGALORE: Tech major Wipro seems to have enhanced significantly its delivery capabilities through its series of acquisitions, building multiple domain expertise and readying a bouquet of service offerings.
The company says it is now ready to venture into deep waters to contest for mega deals, in the range of $250 to $500 million, with top global players like IBM, Accenture and EDS.
Suresh Vasvani, president, Wipro Infotech, told The Times of India, ������All the investments we have done so far towards enhancing our service lines have started yielding results. This has given us immense strategic edge. As a result, we currently have a pipeline of several $100 million deals and many mega deals of international size. We started experiencing this trend in the domestic market a couple of quarters ago by winning work orders from HDFC and Dena Bank worth $80 mn and $70 mn respectively. Most of these mega deals are going to be in the areas of offshoring, infrastructure management and business process outsourcing.���
Wipro���s integrated services approach seems to have worked well for it. It has brought all its services; consulting , infrastructure management, software applications, systems integration, data centre, BPO services and PC business under a single package.
"Customers are looking at companies that can provide integrated services. total outsourcing proposition strategy has been effective in the last six quarters," he said.
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Wipro has strengthened its consulting business that has 250 vertical-specific consultants who evaluate clients��� businesses, and suggest strategies for profitability and cost reduction. Download
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