Wipro aims $1 billion revenue from digital business

Wipro, a leading global information technology, consulting and business process services company, is aiming for $1 billion revenue from digital business in the next three years but expects margins to continue to remain lower.

The software major and ActiveState have entered into a partnership to deliver cloud technologies and services to enterprises across the globe. ActiveState is the creator of Stackato Private Platform-as-a-Service (PaaS), the world’s leading independent distribution of the Cloud Foundry open source project.

Wipro is a leading provider of analytics and information management solutions - enabling customers to derive actionable business insights from data to drive growth, enhance cost management and strengthen risk management.