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Wipro develops infrastructure capabilities

13 Jun 2012 Evaluate

Wipro, India’s third-largest software services exporter has developed its infrastructure competencies to generate a global utility computing platform for its enterprise-class clients. It will offer technology infrastructure such as servers, storage, data recovery, security and other services from its hosted data centre, called Infrastructure-as-a-Service (IaaS). With this model company will be able to get benefits of expensive infrastructure or solutions on a need basis.

The entity will market the infrastructure portfolio as Wipro iStructure services and will be the foundation for providing a set of infrastructure, application and business process outsourcing solutions in an ‘ as-a-service' model. 

The company has posted a rise of 1.02% net profit of Rs 1351.30 crore for the fourth quarter of FY 11-12 as compared to Rs 1337.60 crore in the corresponding quarter of FY 10-11. Its total income registered a growth of 19.93% at Rs 8861.50 crore for the quarter under review from Rs 7389.10 crore for the corresponding quarter of the previous year.

Peers
Company Name CMP
TCS 2077.00
Infosys 1009.10
HCL Technologies 1244.85
Wipro 163.60
Tech Mahindra 1546.00
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