Latest news with #JeffSmolinski
Business Standard
2 days ago
- Business
- Business Standard
Wipro bags multi-year deal from Entrust to accelerate growth strategy
Wipro said that it has secured a multi-year deal with Entrust, a global leader in identity-centric security solutions, where it will provide strategic resources, scale, and agility to help Entrust accelerate its growth. The IT company will utilize cutting-edge industry practices to assist Entrust in product development, infrastructure, and application modernization. Wipro will deploy Gen AI-powered solutions to redefine self-service, resulting in improved user experiences, swift query resolution, and reduced support response times. Additionally, the Wipro team will bolster application security by integrating advanced analytics to proactively identify vulnerabilities and offer actionable insights for intelligent software development. Ultimately, this collaboration will enable Entrust to enhance productivity, elevate employee satisfaction and security measures, and reduce costs through streamlined IT operations and reporting. Jeff Smolinski, senior vice president of operations, Entrust, said, We are pleased to leverage Wipros domain expertise and AI-powered solutions to support our strategy, increase our agility, and drive growth, we chose Wipro based on its ability to help us access top talent, scale up to meet market opportunities, and add new capabilities. Wipros customer-centric approach and alignment with Entrust values of innovation, collaboration, and integrity help make them the right partner to help us achieve our long-term goals. Malay Joshi, CEO - Americas 1, Wipro, said, We are excited to bring our proven expertise to deliver comprehensive, AI-powered software development services at scale to further Entrusts strategic priorities. This collaboration with Entrust highlights our commitment to innovation and delivering measurable value as we work together to shape a future where AI leads business transformation. Wipro is a leading AI-powered technology services and consulting company focused on building innovative solutions that address clients most complex digital transformation needs Leveraging its holistic portfolio of capabilities in consulting, design, engineering, and operations, it help clients realize their boldest ambitions and build future-ready, sustainable businesses. The companys consolidated net profit jumped 6.43% to Rs 3,569.60 crore on 0.83% increase in net sales to Rs 22,504.20 crore in Q4 FY25 over Q3 FY25. The counter fell 0.61% to end at Rs 246.20 on the BSE.
Time of India
3 days ago
- Business
- Time of India
Wipro shares in focus after multi-year deal with US security firm Entrust
Under the agreement, Wipro will assist Entrust in expanding operations and speeding up growth by offering services in product development, infrastructure management, and application modernisation. Wipro will enhance application security by using advanced analytics to detect vulnerabilities and provide actionable insights for smarter software development. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Shares of Wipro , India's fourth-largest IT services company, will be in focus on Wednesday after it signed a multi-year agreement with Entrust, a US-based identity-centric security solutions provider. Financial details of the deal were not partnership is expected to help Entrust improve operational efficiency, advance its digital transformation goals, and manage IT costs more effectively, Wipro said in a the agreement, Wipro will support Entrust in scaling operations and accelerating growth by providing services in product development, infrastructure management, and application deal was first referenced in Wipro's second-quarter earnings.'We are pleased to leverage Wipro's domain expertise and AI-powered solutions to support our strategy, increase our agility, and drive growth. We chose Wipro based on its ability to help us access top talent, scale up to meet market opportunities, and add new capabilities,' said Jeff Smolinski, senior vice president of operations at said it will deploy GenAI-powered solutions to redefine self-service, resulting in improved user experiences, swift query resolution, and reduced support response times. Additionally, the Wipro team will bolster application security by integrating advanced analytics to proactively identify vulnerabilities and offer actionable insights for intelligent software collaboration aims to enhance Entrust's productivity, boost employee satisfaction, tighten security, and lower costs through streamlined IT operations and reporting.'We are excited to bring our proven expertise to deliver comprehensive, AI-powered software development services at scale to further Entrust's strategic priorities. This collaboration with Entrust highlights our commitment to innovation and delivering measurable value as we work together to shape a future where AI leads business transformation,' said Malay Joshi, CEO for Americas 1, deal comes along with India's largest IT services provider, Tata Consultancy Services (TCS), announcing a seven-year partnership with Europe-based Virgin Atlantic, and smaller rival Tech Mahindra signing a deal with Netherlands-based firm, multi-service utility provider, Hanab, to modernise their IT US contributes the most in terms of revenue share of around 40-50%, followed by Europe at 20-30% for most Indian IT majors.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Time of India
3 days ago
- Business
- Time of India
Wipro signs deal with US security solutions firm Entrust
Wipro , the country's fourth-largest IT services company, on Tuesday entered into a multi-year agreement with Entrust, a US-based company focussed on identity-centric security solutions. Financial details of the deal were not disclosed. This partnership is expected to help Entrust improve operational efficiency, support its digital transformation goals, and manage IT costs more effectively, Wipro said in a statement. Under the agreement, Wipro will support Entrust in scaling its operations and accelerating growth by providing support for product development, infrastructure services, and application modernisation. The deal was first mentioned in the second quarter financial earnings of Wipro. 'We are pleased to leverage Wipro's domain expertise and AI-powered solutions to support our strategy, increase our agility, and drive growth. We chose Wipro based on its ability to help us access top talent, scale up to meet market opportunities, and add new capabilities,' said Jeff Smolinski, senior vice president of operations at Entrust. Wipro said it will deploy GenAI-powered solutions to redefine self-service, resulting in improved user experiences, swift query resolution, and reduced support response times. Additionally, the Wipro team will bolster application security by integrating advanced analytics to proactively identify vulnerabilities and offer actionable insights for intelligent software development. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories The collaboration aims to enable Entrust to enhance productivity, elevate employee satisfaction and security measures, and reduce costs through streamlined IT operations and reporting. 'We are excited to bring our proven expertise to deliver comprehensive, AI-powered software development services at scale to further Entrust's strategic priorities. This collaboration with Entrust highlights our commitment to innovation and delivering measurable value as we work together to shape a future where AI leads business transformation,' said Malay Joshi, CEO for Americas 1, Wipro. The deal comes along with India's largest IT services provider, Tata Consultancy Services (TCS), announcing a seven-year partnership with Europe-based Virgin Atlantic, and smaller rival Tech Mahindra signing a deal with Netherlands-based firm, multi-service utility provider, Hanab, to modernise their IT infrastructure. The US contributes the most in terms of revenue share of around 40-50%, followed by Europe at 20-30% for most Indian IT majors.
Yahoo
3 days ago
- Business
- Yahoo
Entrust Selects Wipro to Accelerate Growth Strategy
E. BRUNSWICK, N.J. & BENGALURU, India, June 03, 2025--(BUSINESS WIRE)--Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading AI-powered technology services and consulting company, has won a multiyear deal with Entrust, a global leader in identity-centric security solutions, where Wipro will provide strategic resources, scale, and agility to help Entrust accelerate its growth. Wipro will utilize cutting-edge industry practices to assist Entrust in product development, infrastructure, and application modernization. Wipro will deploy Gen AI-powered solutions to redefine self-service, resulting in improved user experiences, swift query resolution, and reduced support response times. Additionally, the Wipro team will bolster application security by integrating advanced analytics to proactively identify vulnerabilities and offer actionable insights for intelligent software development. Ultimately, this collaboration will enable Entrust to enhance productivity, elevate employee satisfaction and security measures, and reduce costs through streamlined IT operations and reporting. "We are pleased to leverage Wipro's domain expertise and AI-powered solutions to support our strategy, increase our agility, and drive growth," said Jeff Smolinski, Senior Vice President of Operations, Entrust. "We chose Wipro based on its ability to help us access top talent, scale up to meet market opportunities, and add new capabilities. Wipro's customer-centric approach and alignment with Entrust values of innovation, collaboration, and integrity help make them the right partner to help us achieve our long-term goals." Malay Joshi, CEO - Americas 1, Wipro Limited, said, "We are excited to bring our proven expertise to deliver comprehensive, AI-powered software development services at scale to further Entrust's strategic priorities. This collaboration with Entrust highlights our commitment to innovation and delivering measurable value as we work together to shape a future where AI leads business transformation." Note: The deal was mentioned in Wipro Limited's financial results announcement press release, dated October 17th, 2024, for the quarter-ended September 30th, 2024, with a description of the company, but without naming it as Entrust. About Wipro Limited Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading AI-powered technology services and consulting company focused on building innovative solutions that address clients' most complex digital transformation needs. Leveraging our holistic portfolio of capabilities in consulting, design, engineering, and operations, we help clients realize their boldest ambitions and build future-ready, sustainable businesses. With over 230,000 employees and business partners across 65 countries, we deliver on the promise of helping our customers, colleagues, and communities thrive in an ever-changing world. For additional information, visit us at Forward-Looking Statements The forward-looking statements contained herein represent Wipro's beliefs regarding future events, many of which are by their nature, inherently uncertain and outside Wipro's control. Such statements include, but are not limited to, statements regarding Wipro's growth prospects, its future financial operating results, and its plans, expectations and intentions. Wipro cautions readers that the forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from the results anticipated by such statements. Such risks and uncertainties include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, complete proposed corporate actions, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission, including, but not limited to, Annual Reports on Form 20-F. These filings are available at We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf. View source version on Contacts Media Contact: Wipro Media RelationsMedia-relations@
Business Wire
3 days ago
- Business
- Business Wire
Entrust Selects Wipro to Accelerate Growth Strategy
BUSINESS WIRE)--Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading AI-powered technology services and consulting company, has won a multiyear deal with Entrust, a global leader in identity-centric security solutions, where Wipro will provide strategic resources, scale, and agility to help Entrust accelerate its growth. Wipro will utilize cutting-edge industry practices to assist Entrust in product development, infrastructure, and application modernization. Wipro will deploy Gen AI-powered solutions to redefine self-service, resulting in improved user experiences, swift query resolution, and reduced support response times. Additionally, the Wipro team will bolster application security by integrating advanced analytics to proactively identify vulnerabilities and offer actionable insights for intelligent software development. Ultimately, this collaboration will enable Entrust to enhance productivity, elevate employee satisfaction and security measures, and reduce costs through streamlined IT operations and reporting. 'We are pleased to leverage Wipro's domain expertise and AI-powered solutions to support our strategy, increase our agility, and drive growth,' said Jeff Smolinski, Senior Vice President of Operations, Entrust. 'We chose Wipro based on its ability to help us access top talent, scale up to meet market opportunities, and add new capabilities. Wipro's customer-centric approach and alignment with Entrust values of innovation, collaboration, and integrity help make them the right partner to help us achieve our long-term goals.' Malay Joshi, CEO - Americas 1, Wipro Limited, said, 'We are excited to bring our proven expertise to deliver comprehensive, AI-powered software development services at scale to further Entrust's strategic priorities. This collaboration with Entrust highlights our commitment to innovation and delivering measurable value as we work together to shape a future where AI leads business transformation.' Note: The deal was mentioned in Wipro Limited's financial results announcement press release, dated October 17th, 2024, for the quarter-ended September 30 th, 2024, with a description of the company, but without naming it as Entrust. About Wipro Limited Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading AI-powered technology services and consulting company focused on building innovative solutions that address clients' most complex digital transformation needs. Leveraging our holistic portfolio of capabilities in consulting, design, engineering, and operations, we help clients realize their boldest ambitions and build future-ready, sustainable businesses. With over 230,000 employees and business partners across 65 countries, we deliver on the promise of helping our customers, colleagues, and communities thrive in an ever-changing world. For additional information, visit us at Forward-Looking Statements The forward-looking statements contained herein represent Wipro's beliefs regarding future events, many of which are by their nature, inherently uncertain and outside Wipro's control. Such statements include, but are not limited to, statements regarding Wipro's growth prospects, its future financial operating results, and its plans, expectations and intentions. Wipro cautions readers that the forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from the results anticipated by such statements. Such risks and uncertainties include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, complete proposed corporate actions, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission, including, but not limited to, Annual Reports on Form 20-F. These filings are available at We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.
