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Wipro Partners with Micro Focus to Streamline Legacy Apps Migration to Cloud
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
partnership
Rhea-AI Summary
Wipro Limited (NYSE: WIT) has announced the launch of a Legacy Migration and Modernisation Lab in Sydney to assist companies in Australia and New Zealand with cloud adoption. This initiative, in partnership with Micro Focus and Amazon Web Services (AWS), aims to streamline mainframe application optimization for the cloud. The lab will serve as a training facility to demonstrate modernisation tools, reducing operational costs and mitigating risks associated with legacy systems. Wipro's investment of $1 billion in cloud technologies reflects its commitment to enhancing cloud capabilities.
Positive
Launch of Legacy Migration and Modernisation Lab in Sydney to facilitate cloud adoption.
Partnership with Micro Focus and AWS to optimize mainframe applications.
Investment of $1 billion in cloud technologies to enhance service offerings.
Negative
None.
New Lab in Sydney to help customers in A/NZ drive business results by simplifying cloud adoption
SYDNEY & BANGALORE, India--(BUSINESS WIRE)--
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, is partnering with Micro Focus to launch the Legacy Migration and Modernisation Lab collaborating with Amazon Web Services (AWS). This lab, hosted at Wipro’s AWS Launchpad in Parramatta, Australia, will allow companies in Australia and New Zealand (A/NZ) to experience hands-on demonstration of tools and accelerators that can help optimise mainframe application capabilities for the cloud.
The lab combines the strengths and technical expertise of Wipro, Micro Focus, and AWS to help customers become agile, reduce operational costs and mitigate application-modernisation risks to enable a cloud-ready IT ecosystem. These advanced capabilities will also help companies innovate faster and drive better business results. In addition, the lab will serve as a training ground for testing mainframe app-modernisation scenarios, allowing businesses to conduct training, and demonstrate proof of concepts in real-time.
"We are excited to collaborate with AWS and Micro Focus to launch this lab and enable our customers who continue to rely on legacy systems to drive core business functions, simplify, and modernise applications to the cloud. This lab will showcase our joint offerings to modernise the legacy ecosystem, help clients continually transform their expensive and monolithic platforms, and embrace the cloud as a strategic business advantage,” said Satish Wadhwa, Vice President, iDEAS, Wipro Limited.
“Micro Focus and Wipro have a long history of delivering mainframe-modernisation projects in Australia and New Zealand. Our co-investment in a local mainframe modernisation lab builds on our relationship, and will help clients improve the time to value associated with their mainframe modernisation and transformation,” said Brent Butchard, Sales Director Micro Focus, A/NZ.
Wipro recently announced the launch of Wipro FullStride Cloud Services and its commitment to invest $1 billion in cloud technologies, capabilities, acquisitions and partnerships over the next three years. As a part of this, Wipro will expand its legacy migration and modernisation services to help companies transform their expensive and monolith legacy platforms to the cloud, and to modernise their application ecosystem to increase agility. Wipro has obtained the AWS Mainframe Migration Competency and is a preferred partner for Micro Focus.
Australia and New Zealand (A/NZ) is one of the 6 focus regions that comprise Wipro's APMEA (Asia Pacific-Middle East-Africa) Strategic Market Unit. Wipro has been present in A/NZ for over two decades, and works with customers across multiple industry sectors. In addition, Wipro has a presence in the region through its acquired entities – Ampion, an Australian founded company that provides local, deeply specialised and scalable solutions, and Designit, a strategic design firm specializing in transformative product-service experiences. Wipro has also been recognised as a Top Employer in Australia in 2021 (for the second consecutive year).
About Wipro Limited
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 220,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.
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. The conditions caused by the COVID-19 pandemic could decrease technology spending, adversely affect demand for our products, affect the rate of customer spending and could adversely affect our customers’ ability or willingness to purchase our offerings, delay prospective customers’ purchasing decisions, adversely impact our ability to provide on-site consulting services and our inability to deliver our customers or delay the provisioning of our offerings, all of which could adversely affect our future sales, operating results and overall financial performance. Our operations may also be negatively affected by a range of external factors related to the COVID-19 pandemic that are not within our control. 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.
