Wipro advances on unveiling co-innovation center for SAP Solutions in Bangalore

01 Aug 2013 Evaluate

Wipro is currently trading at Rs. 439.10, up by 1.80 points or 0.41% from its previous closing of Rs 437.30 on the BSE.

The scrip opened at Rs 439.70 and has touched a high and low of Rs 443.40 and Rs 427.50 respectively. So far 194828 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 2 has touched a 52 week high of Rs 462.85 on 05-Apr-2013 and a 52 week low of Rs 298.57 on 26-Oct-2013.

Last one week high and low of the scrip stood at Rs 439.90 and Rs 368.70 respectively. The current market cap of the company is Rs 107450.25 crore.

The promoters holding in the company stood at 73.54% while Institutions and Non-Institutions held 11.87% and 12.67% respectively.

Wipro, a leading global information technology, consulting and outsourcing company has unveiled the Wipro Co-Innovation Center for SAP Solutions. This world-class facility, located in Wipro’s campus in Bangalore, is equipped with state-of-the-art infrastructure that will enable Wipro- in cooperation with SAP- to develop use cases and conduct customer-specific demonstrations. It will also be a center for providing training and building specific competencies around new SAP products. The focus of this partner research center for co-innovation is to drive innovation based on SAP solutions. Wipro expects that participants in the center will develop best-in-class solutions based on the SAP HANA platform, as well as next-generation technologies including mobility and analytics to offer integrated offerings based on SAP HANA for customers.

Supported by teams of professionals from Wipro and SAP, the new center is expected to provide customers with process-specific business solutions, and thought leadership around existing and emerging SAP solution-based technologies. Wipro will focus on innovating new solutions and use cases for industries, such as utilities, mining, banking, insurance, life sciences, public sector, automotive, consumer goods and retail.

Wipro is a leading Information Technology, Consulting and Outsourcing company that delivers solutions to enable its clients do business better.

Wipro Share Price

462.00 0.05 (0.01%)
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