Wipro Stock Price, News & Analysis

Wipro Limited has released a report titled 'The AI Advantage: Building Tomorrow's Insurance Enterprise' revealing significant AI investment trends in the U.S. insurance sector. The study, based on responses from 100 business leaders at insurance companies with $500M+ revenue, shows that 81% of firms plan to increase AI spending next year, with AI budgets expected to more than double from 8% to 20% in 3-5 years. While 92% of respondents view AI as crucial for competitive advantage, particularly in customer experience, the adoption shows a divide between larger and smaller firms. The report highlights that 46% have extensively implemented AI in underwriting, with 68% expecting enhanced risk assessment accuracy. However, challenges persist, including integration with legacy systems (71% of firms) and risk management, with 21% of insurers lacking formal AI usage policies. Companies are responding by investing in workforce upskilling (47%) and strengthening cross-functional collaboration (41%).

Wipro Limited (NYSE: WIT) has announced the relocation of its Middle East regional headquarters from Al Khobar to Riyadh, Saudi Arabia. The technology services company's new office strengthens its regional presence, which includes locations in Riyadh, Al Khobar, Jeddah, and Jubail. Alongside this expansion, Wipro has signed an MoU with Prince Mohammad Bin Fahd University to establish a Center of Excellence in Riyadh, focusing on upskilling local Saudi talent in advanced technologies. The company has also appointed Mohamed Mousa as Managing Director for Wipro Middle East, operating from the new Riyadh headquarters. This strategic move aligns with Saudi Vision 2030's objectives and aims to contribute to the Kingdom's growing digital economy.

Wipro Limited (NYSE: WIT) has secured a significant multiyear contract with Entrust, a leader in identity-centric security solutions. The partnership focuses on leveraging Wipro's AI-powered solutions and industry expertise to accelerate Entrust's growth strategy. Key aspects include product development, infrastructure modernization, and application enhancement. Wipro will implement Gen AI solutions to improve self-service capabilities, enhance user experiences, and reduce support response times. The collaboration aims to strengthen application security through advanced analytics, boost productivity, enhance employee satisfaction, and optimize IT operations costs. The partnership, initially disclosed in Wipro's Q3 2024 financial results without naming Entrust, represents a strategic alignment between both companies' values of innovation, collaboration, and integrity.

Wipro Limited's (NYSE: WIT) "State of Cybersecurity Report 2025" reveals that CISOs are increasingly turning to AI to address cybersecurity challenges amid budget constraints. The survey of over 100 global cybersecurity leaders found that 30% prioritize AI automation for cybersecurity operations and cost reduction. Other cost optimization strategies include tools rationalization (26%), process optimization (23%), and operating model simplification (20%). 31% of CISOs are using AI to enhance threat detection and response times, while 24% focus on improving incident response capabilities. Notably, 97% of respondents prioritize implementing Zero Trust security frameworks. The report emphasizes the importance of proper data governance and comprehensive employee cybersecurity training to effectively leverage AI for cyber resilience.

Wipro (NYSE: WIT) has announced its financial results for Q4 and FY 2025. Net income showed strong growth, increasing 6.4% QoQ in Q4'25 and 18.9% YoY for FY'25. The company's margins expanded, with FY'25 margin at 17.1% (up 0.9%) and Q4 margin at 17.5% (up 1.1% YoY).

Key highlights include:

• Large deal bookings grew 48.5% YoY in Q4'25 and 17.5% YoY for FY'25
• Q4 gross revenue reached Rs 225.0 billion ($2.6 billion), up 0.8% QoQ and 1.3% YoY
• IT services segment revenue declined 1.2% QoQ and 2.3% YoY
• Operating cash flow at 104.4% of net income for Q4'25 and 128.2% for FY'25

For Q1 FY'26, Wipro expects IT Services revenue between $2,505-2,557 million, projecting a sequential decline of -3.5% to -1.5% in constant currency terms.

Wipro (NYSE: WIT) has scheduled its Q4 FY2025 earnings announcement for April 16, 2025, after Indian market hours. The company will host a conference call at 7:00 PM IST (9:30 AM US Eastern time) where senior management will discuss quarterly performance and address investor questions.

Questions can be submitted until 6:30 PM IST to specified email addresses. The earnings call will be accessible via webcast and various international dial-in numbers, including toll-free options for the US, UK, Singapore, and Hong Kong. Call playback will be available from April 16-23, 2025, through dedicated numbers in India and the USA.

ColorTokens and Wipro have announced a strategic partnership to launch the Breach Ready Security Solution, an AI-powered Zero Trust microsegmentation security defense solution for global enterprises. The solution combines ColorTokens' Xshield™ microsegmentation platform with Wipro's CoreProtect framework to provide comprehensive security visualization and real-time risk identification.

The solution offers ransomware and malware impact mitigation across all workloads and endpoints, including cloud environments, IoT/OT devices, and data centers. It features custom accelerators and AI-powered automation delivered through Wipro's CyberShield platform, managed by Wipro Cybersecurists. The service targets major industries including Banking, Financial Services and Insurance (BFSI), Healthcare, Pharma and MedTech, Manufacturing, CPG and Retail, Energy and Utilities.

Wipro (NYSE: WIT) has launched TelcoAI360, an AI-first Managed Services platform designed to transform operations for telecommunications companies. The platform, developed with Wipro's AI partners and ServiceNow's Telecommunications solutions, aims to help Communication Service Providers (CSPs) reduce operational costs and accelerate time-to-market for new services.

Key features of TelcoAI360 include:

• Unified platform integration for multiple telecom technologies
• Enhanced network performance through intelligent automation and predictive maintenance
• AI-enabled security with real-time threat detection
• Customizable portals for branded user experience
• Standardized APIs for system communication
• Multi-cloud environment compatibility
• Comprehensive lifecycle management of products and services

Veuu and Wipro (WIT) have announced a strategic partnership to revolutionize healthcare payments through an AI-powered instant payments platform. The collaboration aims to bridge the gap between healthcare providers and payers by enabling immediate reimbursements.

The platform leverages AI technology to evaluate claims risks, predict denials, and provide instant approval or rejection decisions within milliseconds. Providers receive immediate access to operating capital at negotiated rates, eliminating the traditional weeks-long wait for insurance reimbursements. The system also submits cleaner claim portfolios to insurance companies, reducing manual review costs.

Through Wipro's Provider in a Box solution, which incorporates Veuu's AI-enabled platform alongside IT and Provider Operations Transformation expertise, the partnership aims to deliver cash-flow relief, reduce healthcare costs, and improve care quality.