Wipro will reorganize business lines to focus on growth areas.

February 27, 2023, 06:04 PM EST

In many ways, we’ve surpassed the dual-business line model we announced in 2020. At the same time, there has been a change in the market in a very difficult macroeconomic situation. Our customers are turning to us to help manage near-term risks, drive long-term efficiency and leverage technology. [see] Measurable results. Therefore, our business has had to evolve in line with our customers’ needs,” Wipro CEO Thierry Delaporte said in a video presentation.

Global systems integrator and IT consulting firm Wipro on Monday announced plans to reorganize the organization into four strategic global business lines to align with changing customer requirements and higher growth opportunities.

Effective April 1, Wipro will work with clients across cloud, enterprise technology and business transformation, engineering and consulting.

Bengaluru, India-based Wipro could not respond to CRN’s request for more information about the change.

[Related: Wipro Launches Blockchain-Based Credential Issue, Verify Platform]

However, Wipro CEO Thierry Delaporte said in a video released Monday that the biggest change in November 2020 was a new business model and continued investment that has seen revenue growth of 45 percent over the past ten quarters. . Delaporte also said Wipro’s cloud business accounts for more than a third of the company’s total revenue, and its consulting business has doubled from two years ago.

“In many ways, we’ve surpassed the two-line-of-business model we announced in 2020,” he said. “Similarly, there has been a shift in the market with more difficult macroeconomic conditions. Our customers are turning to us to help manage near-term risks, drive long-term efficiency and leverage technology. [see] Measurable results. Therefore, our business has had to evolve in line with the needs of our customers.

The four new global business lines are organized around Wipro’s client strategies in cloud, enterprise technology and business transformation, engineering and consulting, Delaporte said.

This evolution of our business lines allows us to focus on customers, simplify how we manage internally and across our ecosystem, accelerate our speed to market, and streamline decision making. [to allow] We will deploy investments more effectively and efficiently and offer bigger and more exciting roles and talent opportunities to our people,” he said.

This is the right path for Wipro in the future, Delaporte said.

“This new model is to move our growth to the next phase and advance our position as a trusted strategic partner to our customers,” he said.

Under the restructuring, Wipro will divide its business into four strategic growth areas.

The first global business line is Wipro FullStride Cloud, which brings together the company’s entire suite of cloud capabilities under a fully integrated, full-stack offering, with a focus on cloud-native applications, cloud architecture, application innovation and cloud strategy, and is currently led by Joe DeBecker, who leads Wipro Cloud Infrastructure Services. Leadership persecution.

The second global business line, Wipro Enterprise Futuring, led by Najendra Bandaru, will be aimed at clients looking for forward-looking solutions for large-scale enterprise transformation, including intelligent insights and data, application platforms, digital operations and cyber security. He currently heads Wipro’s iCORE business.

The third Wipro Engineering Edge was launched last year to focus on the global engineering services leader and will now be a standalone business line headed by Harmeet Chauhan, head of Wipro Engineering.

A fourth new global business line is Wipro Consulting, which combines the 2021 acquisition of Capco Financial Services Consulting, the 2015 acquisition of Design Digital Transformation, and Wipro’s domain and consulting business into a single organization led by the leaders of those firms.