Wipro Limited, Bengaluru-headquartered leading global information technology, consulting and business process services company, announced the setting up of an Innovation Centre in Holborn, London.
Wipro will invest £16million over the next four years in the 20,000 sq. ft. Innovation Centre will serve as Wipro’s flagship centre in the United Kingdom and offer technical expertise to companies in the UK and globally.
It will be integral to providing advanced digital, cybersecurity and cloud expertise to both established and upcoming enterprises, taking the lead on digital transformation in one of Europe’s biggest technology markets.
This year marks Wipro’s 75th global anniversary, and 25 years in the UK, where it employs over 4000 highly talented technology, digital consulting & business management professionals.
The IT services provider has hired over 500 new employees in the UK in the past 12 months and, with the announcement of the Innovation Centre, expects its talent base to increase further over the coming years.
The opening of the Centre acts as the next critical step in serving businesses with world-class consultancy on digital, business and IT transformation, and follows the recent announcement of Wipro’s acquisition of UK-based Capco for $1.45 billion.
This acquisition will add 1300 employees in the UK and will make Wipro one of the largest end-to-end global consulting, technology and transformation service providers to the banking and financial services industry.
Trade and investment
Expressing happiness over the development, UK Prime Minister Boris Johnson said trade and investment between the UK and India is creating good jobs and sustaining livelihoods in both of our countries.
“I’m very pleased that Wipro has decided to join the legions of Indian companies investing in the UK, boosting our technology sector and driving economic growth,” said Boris Johnson.
UK Minister for Investment Gerry Grimstone said the UK is an important global base for digital business solutions and London continues to be a leading hub for both business and tech innovation.
“It’s great to see Wipro taking advantage of this and open their Innovation Centre in London – a further commitment to their 25 years in the UK and a boost for the vibrant and growing tech scene that will support our economic recovery,” said Gerry Grimstone.
Investment in Europe
Wipro Limited Chief Executive Officer and Managing Director Thierry Delaporte said the company is proud to announce a new step on its continued investment in the UK with a new Innovation Centre in London.
“This enhances our already powerful presence in the region across ten offices and over 4000 employees and will act as an important engine in our drive to boost digital transformation in Europe,” said Thierry Delaporte.
Thierry Delaporte said the pandemic has disrupted lives and businesses everywhere. “There is a positive role for technology to play as we rebuild. At Wipro, we believe in technology’s ability to support communities everywhere and drive the sustainability agenda,” said Thierry Delaporte.
Wipro Limited Europe Chief Executive Officer Pierre Bruno said London is a hub of digital excellence.
“Our new Innovation Centre will draw on the immense talent, digital expertise and innovative potential available here. We are continually impressed by the drive of the UK’s digital economy. A digital transformation is no longer an option,” said Pierre Bruno.
Pierre Bruno also highlighted the fact that the digitalisation of businesses has rapidly accelerated and it’s those businesses who can adapt and in-build resilience who will succeed.
“In addition to the digital transformation solutions we offer now – from cloud-first solutions to cybersecurity and 5G services – our new Innovation Centre will help us to continue to develop solutions for the future including galvanizing the adoption of new skills and technologies by companies to innovate and reimagine their products and services, improve operational efficiencies, and drive customer and employee delight, thereby transforming their ability to compete and thrive in the market,” said Pierre Bruno.
Wipro has established a powerful presence in the United Kingdom in recent years, boasting ten offices across the region, including a Cloud studio in London and a Cyber Defense Centre in Reading.