Wipro To Invest $1 Billion Over Next Three Years To Augment Cloud Transformation CapabilitiesWipro headquarters in Bengaluru (Hemant Mishra/Mint via Getty Images)

Wipro has committed to invest $1 billion in cloud technologies, acquisitions, capabilities and partnerships in the coming three years through the launch of Wipro FullStride Cloud Services.

This new initiative will capitalize on the IT major’s current extensive cloud business with clients and subsequently augment investments with its partners and hyperscalers. It will subsequently form industry solutions that tend to provide expedited results for mutual clients.

The company believes that the new cloud services will enhance their business agility and further hone their investments in technology to churn innovation and change.

“Today, cloud adoption is at the core of any IT transformation initiative, and our clients have been turning to Wipro for help with this,” Wipro CEO and MD, Thierry Delaporte, was quoted in a report by Business Standard.

Delaporte added, “With our $1 billion investment in cloud capabilities, and the launch of Wipro FullStride Cloud Services, we are in a far stronger position to simplify, orchestrate and accelerate the cloud journey for our clients.”

Wipro has also partnered with execution management software Celonis to kick off the Global Celonis Centre in order to further operations transformations across different sectors such as human resources, supply chain management, finance etc for their clients.

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