Wipro plans to create a subsidiary for cloud computing services
Grazed from LiveMint. Author: Anirban Sen.
On Friday, India’s third largest software services exporter Wipro Ltd posted better-than-expected results during a seasonally soft quarter, raising investor hopes of a revival in the fortunes of the Bangalore-based firm. Wipro is making a massive push towards automating more parts of its commoditized information technology (IT) businesses and planning to boost its on-site efforts by hiring more people at client locations that feeds into its de-centralized organizational structure.
In an interview on Saturday, Wipro chief executive T.K. Kurien, who’s just completed three years at the helm of the firm, spoke about the challenges that Wipro has faced over the last three years, changes in the IT industry in the backdrop of automation and also the possibility of creating a separate subsidiary or business unit to focus specifically on cloud computing services. Edited excerpts:…


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