With revenue of Rs 7,95,289 million in FY 21-22, a 28% growth over Rs 6,22,425 million in FY 20-21 Wipro has gained significant momentum and continues to lead in various sectors.
The financial report card pegged the Gross Revenue at 21790.9 billion ($10.4 billion), an increase of 27.7% YoY. The IT Services Segment Revenue at $10,355.9 million, an increase of 27.3% YoY. The company's net Income for the year was 122.2 billion ($1,610.5 million1), an increase of 13.2% YoY.
With increased digital transformation and further investments in cloud modernization capabilities and next-generation technologies, such as AI/ML and loT at the enterprises, Wipro has leveraged its competencies and further enhanced its footprint in the service support offerings by blending digital, data, applications, domain, and engineering capabilities
According to a report by Everest Group: Enterprises looking for strong consulting expertise will benefit from Wipro's collaboration with AWS Professional Services on a joint GTM motion for mainframe migration.
Enterprises looking to engage in next-generation themes such as AI/ML and loT will find Wipro suitable due to its strong next-generation capabilities with AWS-specific solution such as Wipro HOLMES and the Wipro Smart-twin platform.
Enterprises looking for differentiating capabilities in areas such as consulting, security, and DevOps will find Wipro attractive due to its meaningful acquisitions such as Capco and Ampion to strengthen its portfolio of solutions and IPs.
This story is from the December 2022 edition of DataQuest.
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This story is from the December 2022 edition of DataQuest.
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