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Ankush

3rd Sep · SEBI-Registered Analyst

Wipro Renews ABB Deal, Boosting Digital Workplace Services

WIPRO
Wipro has renewed its partnership with ABB to deliver and enhance global digital workplace services, strengthening its presence in AI-powered enterprise technology solutions. The expanded engagement will use Wipro’s AI platforms, automation, virtual agents and predictive operations to improve ABB’s global workplace experience, security and operational efficiency. The deal supports Wipro’s broader AI-led growth strategy and highlights continued demand for digital transformation services. Investors will now focus on whether such large engagements translate into stronger revenue growth and margins for the IT major. The deal strengthens Wipro’s relationship with ABB and highlights continued demand for digital workplace and technology services as enterprises accelerate technology transformation. Wipro’s latest quarterly results showed 0.9% YoY constant-currency IT services revenue growth, while large-deal bookings rose 12.9% QoQ to $1.63 billion.

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