Companies

Wipro's Investment in AI Yields 140% Increase in Project Adoption

Published June 14, 2024

Wipro Limited WIT, a global leader in information technology, consulting, and business process services, has reported a significant surge in the adoption of artificial intelligence (AI) across its projects. The Indian IT behemoth, with headquarters in Bengaluru, has experienced a 140% increase in AI implementation in its existing projects following the deployment of its ai360 strategy last year.

Accelerated AI Integration following ai360 Strategy

In a strategic move to strengthen its position in the technology sector, Wipro unveiled its ai360 strategy in the previous year, earmarking a substantial investment of $1 billion focused on enhancing AI capabilities. The initiative underscores Wipro's commitment to innovation and transformation in the burgeoning field of AI.

Benefits of Wipro's Heightened AI Adoption

According to Wipro's Chief Operating Officer (COO), Sanjeev Jain, the 140% uptick in AI application signifies not just a quantitative enhancement in the use of AI, but also a qualitative leap in project delivery and outcomes. Jain credits the ai360 strategy as a catalyst for the exponential increase, which is expected to substantially improve operational efficiencies and create a distinct competitive advantage for the company.

Wipro's Global Footprint and Market Impact

With a pronounced global presence, Wipro WIT strives to leverage AI to deliver high-value solutions to clients, fostering agile adaptation to the fast-evolving technology landscape. The increased AI adoption across Wipro's projects has the potential to drive growth and showcase the company as a market leader in innovation-led transformations.

Wipro, AI, Investment