Wipro is reportedly eyeing number of technology deals, more than half of which are in IT infrastructure services. About 60-70% of the software exporter’s order funnel is in infrastructure services. Of which, 50% of these deals are from the US and 20-25% from the UK. The contracts, ranging from $100-500 million, are from banking, retail, manufacturing and healthcare sectors.
Over the years, IT infrastructure is one of the few areas where service providers can still look forward to large deals. Last fiscal, infrastructure services accounted for about $1 billion of the company’s revenues and continue to be 75-80% of its global technology business.
