Wipro has appointed Subha Tatavarti as CTO. The US-based Information Technology industry veteran has joined Wipro from Walmart where she was senior director of technology commercialisation. Prior to that, she has spent over 10 years with PayPal and was Head of product, data platform and infrastructure. She brings over 20 years of professional experience in product development, delivery, lifecycle management, cloud computing services, data and analytics.
Wipro has entered into an agreement to acquire Australia-based cybersecurity provider Ampion. The Melbourne-headquartered company was formed after the merger of two IT services providers Revolution IT and Shelde. The combination of Wipro and Ampion will be able to scale up demands for IT products and services in the growing market. Wipro in operating in Australia and New Zealand for the last 20 years.
Top Indian IT companies’ net hiring in FY22 could hit an all-time high, since the heydays of 2011-12, JM Financial said. Acceleration in the adoption of digital tech by global firms led to a rise in demand for IT services worldwide, making 2020-21 a transformative year for Indian IT companies. In 2011-12, the net hiring by top five offshore IT firms — Infosys, Cognizant, Wipro, HCL Tech and TCS, stood at 1,11,022, which has not been breached in the last nine years.
Wipro has appointed Pierre Bruno as CEO of European operations. He was VP and MD of southern Europe of DXC Technology and was responsible for consulting, integration, apps, cloud and cybersecurity. Bruno, having 25 years of experience in the IT Infrastructure Consulting and Services sector, will lead Wipro’s businesses in UK and Ireland, Germany, Switzerland, Nordics, Benelux and Southern Europe, and three near-shore delivery locations.
Wipro will acquire London-headquartered consultancy firm Capco for $1.45 bn. Capco’s counts some of the marquee names in the financial services industry across the globe. It has 5,000 business and tech consultants in 30 locations worldwide. This acquisition, which expected to close by June 30, 2021, will make India’s Wipro one of the biggest end-to-end global consulting, tech and transformation service providers to the BFSI space.
Philippe Dintrans, who has held top positions in McKinsey, Booz Allen & Hamilton, and Morgan Stanley has been appointed as the head of Wipro’s Domain & Consulting for its Integrated Digital, Engineering, and Apps Services business or iDEAS. Dintrans was the Industries Consulting leader at Cognizant. His expertise lies in digital and IT transformation, as well as change management. He will be based out of Boston and report to the President, Rajan Kohli.
Citibank, an administrative agent for a term loan taken by Revlon, ended up wiring $900 mn along with the principal amount instead of $7.8 mn in interest payments to the lenders. The approval procedure, where the transaction needs to be reviewed by three people, has been outsourced to Wipro. Therefore, the first two people to review payment were Wipro employees. The court has ruled that the lenders who received the money are entitled to keep it.
To mark 25 years of partnership, Wipro has launched a new Cisco Business Unit. The objective of the new unit is to offer full-stack solutions and digital accelerators in the field of intent-based networking, digital workplace virtualization, hybrid cloud, app transformation, security and 5G solutions. Oliver Tuszik, senior VP, global strategic partner organization, Cisco, said, CBU will provide the best of both Cisco and Wipro solutions to the customers.
Wipro has strengthened its team by appointing several senior regional leaders. It has hired Pierre Bruno as the CEO of Europe, Stephanie Trautman as the chief growth officer, Graziella Neuveglise to lead Southern Europe and Rene Mulder has taken charge as MD for Wipro Switzerland. Chief growth office is a new position that will allow the company to attain its accelerated growth ambition. In an email, Wipro told the employees that this team will help win large deals.