Latest news with #WiproLimited
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.
Business Upturn
27-05-2025
- Business
- Business Upturn
CISOs Increasingly Rely on AI to Navigate Cost Pressures and Enhance Resilience: Wipro Report
East Brunswick, N.J., United States & Bengaluru, Karnataka, India: Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, today released its 'State of Cybersecurity Report 2025.' The report underscores the growing importance of integrating AI into cybersecurity operations at a time of mounting cost pressures and increasingly sophisticated cyber threats. The report surveyed over 100 global cybersecurity leaders and consultants and found that AI-driven automation and cost optimization were among the main cybersecurity priorities for organizations. In fact, 30 percent of respondents state that investing in AI automation to bolster cybersecurity operations and reduce costs is a top priority. Other strategies used by CISOs to optimize costs include tools rationalization (26 percent), security and risk management process optimization (23 percent) and operating model simplification (20 percent). The report also highlights the growing role of AI in managing cyber threats and how investing in advanced AI-driven security solutions, continuously monitoring AI developments, and fostering a culture of innovation and adaptation within cybersecurity teams can play a significant role in risk management. Many CISOs are leveraging AI to improve threat detection and response times (31 percent) and to build enhanced incident response capabilities (24 percent). This focus on AI to manage threats is only topped by implementing Zero Trust security frameworks, which is a top investment priority for 97 percent of survey respondents. 'Cybersecurity budgets are struggling to keep pace with the growing sophistication of cyber threats,' said Tony Buffomante, SVP & Global Head — Cybersecurity & Risk Services, Wipro Limited. 'AI offers a solution by helping organizations strengthen defenses while optimizing costs. This allows CISOs to adopt a more outcome-driven focus by prioritizing risk-adjusted returns on investments. 'Wipro's proven consulting-led approach and partnerships in the AI ecosystem and innovation network unlock opportunities to strengthen defenses while optimizing costs. We are helping clients build AI-powered cybersecurity operations that enable them to transform risks into opportunities and achieve a cyber resilient future,' Buffomante concluded. According to the report, to leverage AI for cyber resilience across the organization, CISOs must work with their peers to get the correct data governance in place. They must also set up regular comprehensive cybersecurity training programs for all employees. Read the full findings of the report here. About Wipro Limited Advertisement Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading 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. Click here for Media Contact Details Submit your press release Disclaimer: The above press release comes to you under an arrangement with Business Wire. Business Upturn takes no editorial responsibility for the same.
Business Wire
27-05-2025
- Business
- Business Wire
CISOs Increasingly Rely on AI to Navigate Cost Pressures and Enhance Resilience: Wipro Report
EAST BRUNSWICK, N.J. & BENGALURU, India--(BUSINESS WIRE)--Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, today released its " State of Cybersecurity Report 2025." The report underscores the growing importance of integrating AI into cybersecurity operations at a time of mounting cost pressures and increasingly sophisticated cyber threats. The report surveyed over 100 global cybersecurity leaders and consultants and found that AI-driven automation and cost optimization were among the main cybersecurity priorities for organizations. In fact, 30 percent of respondents state that investing in AI automation to bolster cybersecurity operations and reduce costs is a top priority. Other strategies used by CISOs to optimize costs include tools rationalization (26 percent), security and risk management process optimization (23 percent) and operating model simplification (20 percent). The report also highlights the growing role of AI in managing cyber threats and how investing in advanced AI-driven security solutions, continuously monitoring AI developments, and fostering a culture of innovation and adaptation within cybersecurity teams can play a significant role in risk management. Many CISOs are leveraging AI to improve threat detection and response times (31 percent) and to build enhanced incident response capabilities (24 percent). This focus on AI to manage threats is only topped by implementing Zero Trust security frameworks, which is a top investment priority for 97 percent of survey respondents. 'Cybersecurity budgets are struggling to keep pace with the growing sophistication of cyber threats,' said Tony Buffomante, SVP & Global Head — Cybersecurity & Risk Services, Wipro Limited. 'AI offers a solution by helping organizations strengthen defenses while optimizing costs. This allows CISOs to adopt a more outcome-driven focus by prioritizing risk-adjusted returns on investments. 'Wipro's proven consulting-led approach and partnerships in the AI ecosystem and innovation network unlock opportunities to strengthen defenses while optimizing costs. We are helping clients build AI-powered cybersecurity operations that enable them to transform risks into opportunities and achieve a cyber resilient future,' Buffomante concluded. According to the report, to leverage AI for cyber resilience across the organization, CISOs must work with their peers to get the correct data governance in place. They must also set up regular comprehensive cybersecurity training programs for all employees. Read the full findings of the report here. About Wipro Limited Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading 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.
Time of India
22-05-2025
- Business
- Time of India
Embrace potential of people with disabilities: Minister
Lucknow: Minister of state (independent charge), social welfare & SC/ST welfare, Asim Arun on Thursday urged society to move beyond stereotypes and embrace the potential of people with disabilities. Even as the Confederation of Indian Industry (CII) announced the winners of the inaugural edition of the 'CII award for excellence in disability inclusion' at a prominent hotel in the city, Arun, who was chief guest on the occasion, said, "Economic growth alone cannot define development. Until every individual — regardless of ability — is given equal opportunity, visibility and dignity, we cannot call it real progress. Empowerment comes from enabling independence, not doing things on someone's behalf." He added, "Inclusion isn't a favour — it's a shared responsibility. From designing accessible spaces to building inclusive policies, we must plan with intention. Accessibility should not be an afterthought; it must be embedded in our systems." CM's chief advisor, Awanish Awasthi said, "When we began addressing accessibility, few understood it, and India lacked proper building compliance. Over the last 9-10 years, airports, railway stations, public spaces and institutions became more accessible. We also saw govt efforts to build accessible toilets, but many remain locked or poorly maintained, limiting real use. On a positive note, some companies now employ over 1,000 persons with disabilities, showing great inclusion. " Recognising excellence in disability inclusion, Wipro Limited received the Champion Company award for Disability Inclusion Excellence. Zomato Limited and Vindhya E-InfoMedia Pvt Ltd (MSME) won Best Employer awards for Disability Inclusion & Culture. Amazon Development Centre India, Bengaluru, earned Best Employer for Accessibility. Minda Corporation Limited and Worth Trust were honoured for Inclusive Recruitment. Persistent Systems Limited and EPL Limited received Best Employer awards as Emerging Inclusive Companies. A report, 'Inclusion Insights: Best Practices Report of Award-Aspiring companies' was launched at the event by P Rajasekharan, co-founder of V-Shesh. Principal secretary, backward welfare & empowerment of persons with disabilities & director handicapped, UP, Subhash Chand Sharma said, "We need to build sensitivity across all public-facing systems." Chairperson of CII (UP), Upasana Arora said, "We must build workplaces that take the whole society along."
