Wipro rejigs service offerings into four global business lines

Following a recent transformation journey which has ‘yielded outstanding growth’, global technology services group Wipro will now approach its next phase via four reorganised global business lines.

Global IT consultancy Wipro has announced an organisational restructure of its services lines with a renewed focus on four strategic areas; cloud, engineering, enterprise technology and business transformations, and consulting.

The latter offering will see the firm’s Designit and Capco acquisitions aligned with Wipro’s consulting practice under one banner, with the independent units to continue with their existing leadership.

The consultancy stated that the changes, which are due to come into effect from the beginning of April, are designed to deepen alignment with evolving client business needs and capitalise on emerging opportunities in high-growth market segments.

The move also reflects the firm’s ‘One Wipro’ focus, which aims to better coordinate and leverage its range of acquisitions to deliver across the spectrum of business and technology transformation needs.

“Our transformation journey over the past three years has yielded outstanding growth – so much that we have outgrown the two-line model we set at the beginning,” said Wipro CEO and managing director Thierry Delaporte, who joined the Indian multinational from Capgemini at the height of the Covid-19 outbreak and has since steered it from $8 billion in revenues to past $11 billion. “We are now doubling down on our strategic bets to take our growth to its next phase.”

The new unified consulting line, Wipro Consulting, will be led by Capco CEO Lance Levy, Philippe Dintrans (global head of Wipro Domain and Consulting) and Nicolas Parmaksizian (Designit chief).

In the cloud space, Wipro is bringing together its entire suite of cloud capabilities under a fully integrated, full stack offering dubbed Wipro FullStride Cloud and headed by Jo Debecker. Meanwhile, Wipro Engineering Edge, which was launched last year, will become a standalone business unit under the leadership of Harmeet Chauhan, with an intended continued expansion of capabilities in areas such as 5G, artificial intelligence and IoT.

To be led by Nagendra Bandaru, the firm’s final global business line – Wipro Enterprise Futuring – will focus on large-scale transformations and comprise intelligent insights and data, application platforms, digital operations, and cybersecurity.

“This evolution will allow us to sharpen our focus and simplify how we orchestrate internally and across our ecosystem” concluded Delaporte. “Our new model will accelerate speed-to-market, streamline decision making, and allow us to channel investments more effectively and efficiently. Deepening our alignment with clients will allow us to adopt a more customised and specialised approach to their needs, unlocking new growth opportunities.”