Wipro (WIT) Gets 6.7% Boost From New AI-Powered Model

Core Viewpoint - Wipro Ltd. has launched a new AI-powered operating model, Wipro Intelligence, which has positively impacted its stock performance, leading to a 6.75% increase in share price on a recent trading day [1][8]. Group 1: New Product Launch - Wipro Intelligence combines advisory, AI, and enterprise transformation services, aiming to provide end-to-end accountability across various functional areas including people and change, supply chain and operations, finance transformation, and customer experience [2]. - The new model addresses the challenges enterprises face in modernizing operations and aims to streamline the consulting-to-execution journey, which has been described as fragmented and slow [3]. Group 2: Strategic Approach - Wipro's strategy integrates functional consulting expertise with business process services, offering a persona-based, end-to-end enterprise transformation strategy that is contextually anchored [4]. - This holistic approach is designed to help clients achieve measurable value more quickly and realize significant impacts from their AI initiatives [4]. Group 3: Company Overview - Wipro Ltd. is one of the largest technology service providers in India, operating in 65 countries and supporting a diverse range of businesses [5].