As part of the deal, Wipro will provide applications management services for Outokumpu's SAP landscape along with legacy applications support to cover steel maker's locations globally, Wipro said in a statement.
The company has been looking at acquisitions where it needs future competency, says Bhanumurthy, President and COO of the company. It is looking at acquisitions which will help in expanding geographies.
Stating that 'Brexit' was on "top of the mind" for Wipro, its chief Abidali Z Neemuchwala said the most immediate impact of the development is on currency.
Guidance for July-September period was far below estimates as Wipro expects revenue from IT services business to be in the range of USD 1931-1950 million, a growth of 0.01-1 percent over Q1.
Calling his first opportunity to interact with the press since taking over as the CEO as a "special moment", Wipro CEO and Board member Abidali Z Neemuchwala said he had met 70 of its top 100 clients in the past few weeks.
IT Services Revenue grew 7.6% in the year on constant ...
IT Services Revenue grew 7.6% in the year on constant ...
The company has also formed a new unit, Marketing, Innovations and Technology (MIT), which will be headed by Wipro's Global Infrastructure Services (GIS) Head G K Prasanna.