Wipro wins five-year contract from ABB for $150 million

The IT main has been awarded 5 years of strategic engagement to drive transformation for ABB’s info techniques digital office companies.

The greater than $150 million settlement will assist ABB’s info techniques present superior, consumer-grade digital experiences for its 105,000 workers in additional than 100 international locations.

This affiliation, centrally led by ABB and Wipro in Switzerland, will ship enhanced automation and enhanced consumer expertise by way of customized companies based mostly on real-time analytics wrapped with Wipro’s superior endpoint safety companies. Wipro may even present managed companies help to ABB by leveraging Wipro’s Reside Workspace answer.

The deal was talked about in Wipro’s monetary outcomes announcement press launch, dated 13 October 2021, for the quarter ended 30 September 2021 (Q2 FY21-22), with out giving particulars of the tenure and dimension of the deal.

Wipro is a number one international info expertise, consulting and enterprise course of companies firm.

On a consolidated foundation, Wipro reported a progress of 1.3% in internet revenue to Rs 2,970 crore on a 3.3% progress in income from operations in Q3 December 2021 (Q3 FY22) as in comparison with Q2 September 2021 (Q2 FY22). On a year-on-year foundation, Wipro’s internet revenue fell 0.85%, whereas income grew 29.63% in Q3 FY22.

Shares of Wipro have been up 0.20% at Rs 565.40 on the BSE.

operated by Capital Markets – Reside Information

(This story has not been edited by Enterprise Normal workers and is mechanically generated from a syndicated feed.)

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