Wipro gains on launching Data Discovery Platform

16 Jun 2016

Wipro is currently trading at Rs. 547.80, up by 1.20 points or 0.22% from its previous closing of Rs. 546.60 on the BSE.

The scrip opened at Rs. 546.60 and has touched a high and low of Rs. 549.25 and Rs. 542.00 respectively. So far 28630 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 613.00 on 01-Oct-2015 and a 52 week low of Rs. 508.90 on 29-Feb-2016.

Last one week high and low of the scrip stood at Rs. 547.50 and Rs. 539.20 respectively. The current market cap of the company is Rs. 134909.10 crore.

The promoters holding in the company stood at 73.34%, while Institutions and Non-Institutions held 16.18% and 8.51% respectively.

Wipro has launched its analytics solution, Data Discovery Platform. The solution provides pertinent business insights across the value of chain of an industry through pre-defined ‘apps’. The company’s Data Discovery Platform will enable businesses to embark on an analytics journey with value added services of process simplification and business transformation.

Leveraging techniques like visual sciences and storytelling with data, the Data Discovery Platform provides a unique value proposition around accelerated time to market for insights resulting better adoption of insight driven decision making. The solutions modular, app driven approach coupled with machine learning, natural language processing, visualization and stream computing capability enables flexibility and scalability to meet evolving business requirements. The solutions also plans to leverage capabilities from various partners to enhance the experience offered to the organizations.

Wipro is a global information technology (IT) services provider. The Company operates through two segments: IT Services and IT Products.

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