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Wipro Secures Multi-Million-Dollar Deal With Etihad for IT Upgrade

Synopsis:

Wipro secures a multi-million-dollar contract with Etihad Airways to modernise IT infrastructure. The five-year deal includes cloud migration, AI integration, and cost optimisation. Wipro share price gains as investors react positively to this long-term collaboration.


Wipro has won a multi-million-dollar contract from Etihad Airways for a comprehensive IT modernisation programme aimed at enhancing efficiency and cost optimisation. Under this five-year agreement, Wipro will lead the seamless migration of legacy systems, improve operational efficiency, and deploy GenAI-driven solutions to enhance service management. The initiative, supported by Wipro FullStride Cloud, will provide real-time insights into resource utilisation, ensuring greater scalability and agility for Etihad Airways’ global operations. Investors responded positively to this development, with Wipro share price gaining momentum post-announcement.

Also read: Paradeep Phosphates to Invest ₹4,000 Crore in Odisha for Expansion

WIPRO LTD

Trade

311.652.64 (0.85 %)

Updated - 31 January 2025
315.70day high
DAY HIGH
309.55day low
DAY LOW
11283575
VOLUME (BSE)

Key Takeaways

  • Wipro secures a multi-million-dollar contract for IT transformation at Etihad Airways.

  • The five-year agreement focuses on cloud migration, automation, and cost optimisation.

  • Wipro FullStride Cloud to provide real-time insights into resource utilisation.

  • Wipro share price reflects market optimism following the deal announcement.

Also read: Dabur Expects Growth as Urban Market Bottoms Out, Shares Jump 4

With this deal, Wipro aims to enhance Etihad’s operational efficiency across multiple domains, including workplace services, infrastructure, and service management. The cloud migration process will streamline operations and introduce AI-powered automation to ensure proactive issue resolution. Wipro’s expertise in digital transformation will help Etihad Airways optimise IT costs while maintaining high standards of operational reliability.

Wipro’s Role in Etihad Airways’ IT Transformation

Key Areas of Focus

Expected Benefits

Cloud Migration

Improved scalability and operational agility

AI & Automation

Proactive issue resolution, enhanced service management

Cost Optimisation

Reduced IT overheads and improved efficiency

Real-Time Data Insights

Enhanced resource utilisation and decision-making

This collaboration underscores Wipro’s growing influence in the aviation and IT services sector, positioning it as a preferred partner for large-scale digital transformations. As the implementation progresses, investors will closely monitor its impact on financial performance. With strong technological expertise and a focus on innovation, Wipro is poised to drive significant value in this partnership. Market sentiment remains optimistic, and Wipro share price could see further traction as the deal unfolds.

Also read: Bharat Electronics (BEL) Secures ₹10,893 Cr Orders, Eyes ₹25,000 Cr Target

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Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.

This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

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