Ready for AI-driven future, says Wipro as it commits to $1 billion investment
Jul 12, 2023, 10:21 IST
- The $1 billion investment will advance Wipro’s AI, data and analytics capabilities and foundation, R&D and platforms and more.
- It will also train all 250,000 employees on AI fundamentals and responsible use over the course of the next 12 months.
- Wipro ai360 will bring together the 30,000 its AI and data analytics experts with its technology and advisory ecosystem from four global business lines.
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After recent announcements from TCS and Infosys, another Indian IT major Wipro has spelt out its focus on enhancing its artificial intelligence (AI) capabilities. The company said on Wednesday that it plans to invest $1 billion over the next three years to advance its AI capabilities, as it launched Wipro ai360, an end-to-end innovation ecosystem.The $1 billion investment will help further advance Wipro’s AI, data and analytics capabilities and foundation, R&D and platforms, enhance FullStride Cloud, and build new consulting capabilities to help clients adapt to change and unlock new value through AI, the company said in a press release.
It will also train all 250,000 employees on AI fundamentals and responsible use of AI over the course of the next 12 months. It will also provide more customized, ongoing training for employees in AI-specialized roles.
“Artificial Intelligence is a fast-moving field. Especially with the emergence of generative AI, we expect a fundamental shift up ahead, for all industries. New business models, new ways of working, and new challenges, too. We are ready for the AI-driven future!” said Thierry Delaporte, CEO and MD of Wipro.
Wipro’s ai360 ecosystem is at the heart of all its AI work, the company said, adding that it will empower the talent pool and be ubiquitous across all operations and processes, as well as our solutioning for clients.
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Capabilities across cloud and partnerships; data, analytics and AI; design and consulting; cybersecurity; as well as engineering will be leveraged to develop new solutions and embed AI into all processes and practices. Its new global business line model will enable new levels of agility, speed, and depth in delivery.
The Bangalore-based tech major’s innovation hub Lab45 will be a core part of the Wipro ai360 ecosystem, providing clients with the talent, training, scale, as well as the research and co-innovation capabilities needed to accelerate AI adoption.