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Wipro and Netskope Partner to Offer Cybersecurity Optimization Advisory Services

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Wipro has announced a partnership with Netskope to provide enterprises with integrated cybersecurity optimization services. The collaboration introduces Wipro's CyberTransform Optimization Service, powered by Netskope, which analyzes organizations' current cybersecurity investments and provides consolidation guidelines for improved business performance.

The service combines Wipro's proprietary Automated Regulatory Compliance (ArC) system with Netskope's Valueskope platform to deliver detailed financial analyses and tailored business cases. This integration aims to help organizations manage application sprawl and optimize their cybersecurity spending while achieving better security outcomes.

Wipro ha annunciato una partnership con Netskope per fornire alle imprese servizi integrati di ottimizzazione della cybersicurezza. La collaborazione introduce il CyberTransform Optimization Service di Wipro, alimentato da Netskope, che analizza gli investimenti attuali delle organizzazioni in cybersicurezza e fornisce linee guida per la consolidazione, al fine di migliorare le performance aziendali.

Il servizio combina il sistema proprietario di Wipro, il Automated Regulatory Compliance (ArC), con la piattaforma Valueskope di Netskope per fornire analisi finanziarie dettagliate e casi aziendali su misura. Questa integrazione si prefigge di aiutare le organizzazioni a gestire la proliferazione delle applicazioni e ottimizzare la spesa per la cybersicurezza, raggiungendo nel contempo migliori risultati in termini di sicurezza.

Wipro ha anunciado una asociación con Netskope para ofrecer a las empresas servicios integrados de optimización de ciberseguridad. La colaboración presenta el CyberTransform Optimization Service de Wipro, impulsado por Netskope, que analiza las inversiones actuales de las organizaciones en ciberseguridad y proporciona pautas de consolidación para mejorar el rendimiento empresarial.

El servicio combina el sistema propietario de Wipro, el Automated Regulatory Compliance (ArC), con la plataforma Valueskope de Netskope para ofrecer análisis financieros detallados y casos de negocio personalizados. Esta integración tiene como objetivo ayudar a las organizaciones a gestionar la proliferación de aplicaciones y optimizar su gasto en ciberseguridad, mientras logran mejores resultados en seguridad.

WiproNetskope와 협력하여 기업에 통합 사이버 보안 최적화 서비스를 제공한다고 발표했습니다. 이번 협력은 Netskope의 지원을 받는 Wipro의 CyberTransform Optimization Service를 도입하며, 이는 조직의 현재 사이버 보안 투자 상황을 분석하고 비즈니스 성과 향상을 위한 통합 지침을 제공합니다.

이 서비스는 Wipro의 독점 시스템인 자동 규제 준수(ArC)와 Netskope의 Valueskope 플랫폼을 결합하여 상세한 재무 분석과 맞춤형 비즈니스 사례를 제공합니다. 이 통합은 조직이 애플리케이션 비대칭을 관리하고 사이버 보안 비용을 최적화하면서 더 나은 보안 결과를 달성하도록 돕는 것을 목표로 하고 있습니다.

Wipro a annoncé un partenariat avec Netskope pour fournir aux entreprises des services intégrés d'optimisation de la cybersécurité. Cette collaboration introduit le CyberTransform Optimization Service de Wipro, soutenu par Netskope, qui analyse les investissements actuels des organisations en cybersécurité et fournit des directives de consolidation pour améliorer les performances commerciales.

Le service combine le système exclusif de Wipro, le Automated Regulatory Compliance (ArC), avec la plateforme Valueskope de Netskope pour offrir des analyses financières détaillées et des cas d'affaires sur mesure. Cette intégration vise à aider les organisations à gérer l'éparpillement des applications et à optimiser leurs dépenses en cybersécurité tout en atteignant de meilleurs résultats en matière de sécurité.

Wipro hat eine Partnerschaft mit Netskope angekündigt, um Unternehmen integrierte Dienstleistungen zur Optimierung der Cybersicherheit anzubieten. Die Zusammenarbeit führt den CyberTransform Optimization Service von Wipro ein, der von Netskope unterstützt wird und die aktuellen Investitionen der Organisationen in Cybersicherheit analysiert sowie Konsolidierungsrichtlinien zur Verbesserung der Unternehmensleistung bereitstellt.

Der Service kombiniert Wipros proprietäres System Automated Regulatory Compliance (ArC) mit der Valueskope-Plattform von Netskope, um detaillierte Finanzanalysen und maßgeschneiderte Geschäftsfälle zu liefern. Diese Integration zielt darauf ab, den Organisationen zu helfen, die Anwendungsvielfalt zu verwalten und ihre Ausgaben für Cybersicherheit zu optimieren, während sie gleichzeitig bessere Sicherheitsresultate erzielen.

Positive
  • Strategic partnership with Netskope enhances Wipro's cybersecurity service offerings
  • Integration of proprietary technologies (ArC and Valueskope) strengthens service capabilities
  • New offering addresses critical market need for cybersecurity cost optimization
Negative
  • None.

Insights

This partnership represents a strategic expansion of Wipro's cybersecurity consulting capabilities, but its immediate revenue impact appears The CyberTransform Optimization Service addresses a important market need as organizations struggle with fragmented security architectures and rising costs. By combining Wipro's regulatory compliance tools with Netskope's SASE expertise, the service could help enterprises reduce their security stack complexity and operational costs.

However, advisory services typically have longer sales cycles and lower revenue potential compared to managed services or product sales. While this enhances Wipro's competitive positioning in the cybersecurity consulting space, it's unlikely to materially impact financial performance in the near term. The partnership's success will depend on enterprise adoption rates and the ability to convert advisory engagements into larger managed service contracts.

Wipro CyberTransformSM Optimization Service enhances business value by boosting cybersecurity performance and reducing costs

EAST BRUNSWICK, N.J. & BENGALURU, India--(BUSINESS WIRE)-- Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, today announced a partnership with Netskope, a Secure Access Service Edge (SASE) leader, to provide global enterprises with an integrated service that optimizes and improves cybersecurity outcomes for people, processes, and technology investments.

Wipro’s CyberTransformSM Optimization Service, powered by Netskope, analyzes organizations’ current cybersecurity and infrastructure investments, provides consolidation guidelines, and delivers cost-optimized methods resulting in improved business performance.

“Many organizations today face the challenge of managing application sprawl with distributed technologies in their cybersecurity operations,” said Saugat Sindhu, Global Head, Advisory Services, Cybersecurity and Risk Services, Wipro Limited. “Through this partnership with Netskope, we will be able to deliver tailored SASE business cases and comprehensive financial analyses, enabling our clients to optimize their cybersecurity spend and achieve superior performance outcomes. This collaboration underscores our commitment to driving innovation and value for our enterprise clients.”

Wipro’s CyberTransformSM Optimization Service, powered by Netskope, leverages Wipro’s proprietary Automated Regulatory Compliance (ArC), a content service that monitors industry-specific national and international regulatory amendments, and Netskope’s Valueskope platform, a SaaS-based offering providing detailed financial analyses and tailored business cases.

“Wipro CyberTransform SM Optimization Service, powered by Netskope, provides clients with a comprehensive view of SASE economic and productivity benefits for different network and security transformation scenarios, enabling them to make faster and better decisions to reach desired business outcomes,” said David Klippel, VP of Business Value Services, Netskope. “Netskope is pleased to extend its partnership with Wipro to enhance their Advisory and consulting service in optimizing cybersecurity and infrastructure cost and performance against strategic business outcomes.”

For more information about the partnership, and the full line of Wipro managed services powered by Netskope, visit https://www.wipro.com/partner-ecosystem/netskope/

About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading technology services and consulting company focused on building innovative solutions that address clients’ most complex digital transformation needs. Leveraging our holistic portfolio of capabilities in consulting, design, engineering, and operations, we help clients realize their boldest ambitions and build future-ready, sustainable businesses. With over 230,000 employees and business partners across 65 countries, we deliver on the promise of helping our customers, colleagues, and communities thrive in an ever-changing world. For additional information, visit us at www.wipro.com.

Forward-Looking Statements

The forward-looking statements contained herein represent Wipro’s beliefs regarding future events, many of which are by their nature, inherently uncertain and outside Wipro’s control. Such statements include, but are not limited to, statements regarding Wipro’s growth prospects, its future financial operating results, and its plans, expectations and intentions. Wipro cautions readers that the forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from the results anticipated by such statements. Such risks and uncertainties include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, complete proposed corporate actions, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our business and industry.

Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission, including, but not limited to, Annual Reports on Form 20-F. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

Media Contact:

Wipro Media Relations

media-relations@wipro.com

Source: Wipro Limited

FAQ

What is Wipro's new cybersecurity partnership with Netskope in 2024?

Wipro (WIT) has partnered with Netskope to provide the CyberTransform Optimization Service, which helps enterprises optimize cybersecurity investments and improve business performance through comprehensive financial analysis and consolidation guidelines.

What technologies does Wipro's CyberTransform Optimization Service use?

The service combines Wipro's Automated Regulatory Compliance (ArC) system for monitoring regulatory amendments with Netskope's Valueskope platform for financial analyses and business cases.

How does Wipro's new cybersecurity service benefit enterprises?

The service helps enterprises optimize cybersecurity spending, manage application sprawl, improve security performance, and make better decisions through detailed financial analyses and tailored business cases.

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