Wipro Secures Multi-Year Deal with Entrust, Leveraging AI for Digital Transformation

Wipro Wins Multi-year Deal with Entrust to Support Digital Transformation | AIM

Under the deal, Wipro will support Entrust in product development, infrastructure, and application upgrades. Wipro Limited on Tuesday secured a multi-year agreement with Entrust, a global leader in identity-centric security solutions, to help the company accelerate its growth and improve technology operations. Under this deal, Wipro will support Entrust in product development, infrastructure, and application upgrades. The partnership will also involve the use of generative AI solutions to enhance self-service options, reduce support response times, and improve overall user experiences. Wipro will strengthen Entrust's application security by using advanced analytics to identify vulnerabilities early on and improve the software development process. "We chose Wipro based on its ability to help us access top talent, scale up to meet market opportunities, and add new capabilities," Jeff Smolinski, senior vice president of operations at Entrust, said. The deal was first referenced in Wipro's quarterly financial results announcement on October 17, 2024, without disclosing Entrust as the client at that time. Malay Joshi, CEO-Americas 1, Wipro Limited, added, "We are excited to bring our proven expertise to deliver comprehensive, AI-powered software development services at scale to further Entrust's strategic priorities. Meanwhile, Wipro Limited also announced the launch of its global Wipro Innovation Network, aimed at driving client-centric co-innovation using frontier technologies. Besides, Wipro also unveiled a first-of-its-kind 60,000 sqft Innovation Lab at its Kodathi campus in Bengaluru, envisioned as a hub for exploring next-generation solutions. It is designed to bring together clients, partners, academia, and tech communities to accelerate the development of transformative solutions across industries. It will focus on five strategic technology themes: agentic AI, robotics with embodied AI, quantum computing, digital ledger technology, and quantum-safe cyber resilience.

Wipro shares in focus after multi-year deal with US security firm Entrust

Under the agreement, Wipro will assist Entrust in expanding operations and speeding up growth by offering services in product development, infrastructure management, and application modernisation. Wipro will enhance application security by using advanced analytics to detect vulnerabilities and provide actionable insights for smarter software development. Shares of Wipro, India's fourth-largest IT services company, will be in focus on Wednesday after it signed a multi-year agreement with Entrust, a US-based identity-centric security solutions provider. Financial details of the deal were not disclosed. The partnership is expected to help Entrust improve operational efficiency, advance its digital transformation goals, and manage IT costs more effectively, Wipro said in a statement. Under the agreement, Wipro will support Entrust in scaling operations and accelerating growth by providing services in product development, infrastructure management, and application modernisation. The deal was first referenced in Wipro's second-quarter earnings. "We are pleased to leverage Wipro's domain expertise and AI-powered solutions to support our strategy, increase our agility, and drive growth. We chose Wipro based on its ability to help us access top talent, scale up to meet market opportunities, and add new capabilities," said Jeff Smolinski, senior vice president of operations at Entrust. Also Read: MRF snatches India's highest-priced stock crown back from Elcid Investments Wipro said it will deploy GenAI-powered solutions to redefine self-service, resulting in improved user experiences, swift query resolution, and reduced support response times. Additionally, the Wipro team will bolster application security by integrating advanced analytics to proactively identify vulnerabilities and offer actionable insights for intelligent software development. Also Read: Looking for reliable dividends? These 10 stocks stayed consistent through FY22-FY24 The collaboration aims to enhance Entrust's productivity, boost employee satisfaction, tighten security, and lower costs through streamlined IT operations and reporting. "We are excited to bring our proven expertise to deliver comprehensive, AI-powered software development services at scale to further Entrust's strategic priorities. This collaboration with Entrust highlights our commitment to innovation and delivering measurable value as we work together to shape a future where AI leads business transformation," said Malay Joshi, CEO for Americas 1, Wipro. The deal comes along with India's largest IT services provider, Tata Consultancy Services (TCS), announcing a seven-year partnership with Europe-based Virgin Atlantic, and smaller rival Tech Mahindra signing a deal with Netherlands-based firm, multi-service utility provider, Hanab, to modernise their IT infrastructure. Also Read: India's top 10 priciest stocks in 2025: MRF to Elcid, see who tops the list The US contributes the most in terms of revenue share of around 40-50%, followed by Europe at 20-30% for most Indian IT majors. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)

Wipro signs deal with US security solutions firm Entrust

The partnership will improve Entrust's operational efficiency, support its digital transformation goals, and better manage IT costs. It will also help scale the identity-centric security solutions firm's operations and accelerate growth.Wipro, the country's fourth-largest IT services company, on Tuesday entered into a multi-year agreement with Entrust, a US-based company focussed on identity-centric security solutions. Financial details of the deal were not disclosed. This partnership is expected to help Entrust improve operational efficiency, support its digital transformation goals, and manage IT costs more effectively, Wipro said in a statement. Under the agreement, Wipro will support Entrust in scaling its operations and accelerating growth by providing support for product development, infrastructure services, and application modernisation. The deal was first mentioned in the second quarter financial earnings of Wipro. "We are pleased to leverage Wipro's domain expertise and AI-powered solutions to support our strategy, increase our agility, and drive growth. We chose Wipro based on its ability to help us access top talent, scale up to meet market opportunities, and add new capabilities," said Jeff Smolinski, senior vice president of operations at Entrust. Wipro said it will deploy GenAI-powered solutions to redefine self-service, resulting in improved user experiences, swift query resolution, and reduced support response times. Additionally, the Wipro team will bolster application security by integrating advanced analytics to proactively identify vulnerabilities and offer actionable insights for intelligent software development. The collaboration aims to enable Entrust to enhance productivity, elevate employee satisfaction and security measures, and reduce costs through streamlined IT operations and reporting. "We are excited to bring our proven expertise to deliver comprehensive, AI-powered software development services at scale to further Entrust's strategic priorities. This collaboration with Entrust highlights our commitment to innovation and delivering measurable value as we work together to shape a future where AI leads business transformation," said Malay Joshi, CEO for Americas 1, Wipro. The deal comes along with India's largest IT services provider, Tata Consultancy Services (TCS), announcing a seven-year partnership with Europe-based Virgin Atlantic, and smaller rival Tech Mahindra signing a deal with Netherlands-based firm, multi-service utility provider, Hanab, to modernise their IT infrastructure. The US contributes the most in terms of revenue share of around 40-50%, followed by Europe at 20-30% for most Indian IT majors.