Wipro in limelight post announcing launch of 5G edge services solutions

A leading global information technology, consulting & business process services company, Wipro, announced that it is planning to launch its 5G edge services solutions suite soon. 

The company has also signed a definitive agreement to acquire 4C, which is considered as one of the largest sales force partners in the UK, Europe, and the Middle East.

The solutions suite is built with IBM TRIRIGA and IBM Edge Application Manager and for this, the company will engage with clients to implement Universal Edge solutions suite that leverages 5G network capabilities.

The 5G edge services solutions suite is designed to significantly enhance Wipro’s existing BoundaryLess Enterprise – Universal Edge portfolio. The two companies had also recently announced a collaboration to develop hybrid cloud offerings to help businesses migrate, manage, and transform mission-critical workloads across public or private cloud and on-premises IT environments. The recently launched Wipro IBM Novus Lounge is specifically designed to accelerate client innovation and bring such industry-ready solutions from public and private clouds to the edge.

The acquisition of 4C will further strengthen Wipro’s position as a leading provider of salesforce solutions in these markets. Currently, Wipro has salesforce business in America, Japan, and Australia, which was reinforced with Appirio acquisition in 2016.

Further, 4C would be consolidated as a part of Wipro’s sales force practice, which provides market-leading solutions globally around multiple salesforce clouds and its ecosystem of products.

On Thursday, the stock of Wipro closed at Rs 266.60, up by 0.26 per cent or Rs 0.720 per share. The intraday high was Rs 271 and the intraday low was Rs 262.75. Its 52-week high is Rs 281.50 and the 52-week low is Rs 159.60 on BSE.