Wipro Partners with DriveNets to Accelerate Innovation for Communication Service Providers

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, is partnering with DriveNets, a leader in cloud-native networking software and network disaggregation solutions, to transform how communication service providers (CSPs) build next-generation networks. Combining DriveNets' disaggregation solutions with Wipro FullStride Cloud Services' expertise in consulting, ecosystem orchestration, and business transformation, the partnership will enable CSPs to leverage the cloud for growth and realize operational efficiencies.

A growing number of CSPs now look to digital and cloud-based solutions to simplify their network's operational model, improve profitability, and accelerate both scaling and innovation. Wipro will leverage DriveNets Network Cloud, an advanced carrier-grade network infrastructure software, to help CSPs adopt an architectural model similar to cloud hyperscalers. This will enable CSPs to improve their network economics and accelerate service innovation.

"The partnership with DriveNets allows both organisations to play to their strengths while unlocking new possibilities for CSPs. Using technology from Wipro and DriveNets, CSPs can leverage cutting-edge disaggregated networks that meet their current and future needs while catering to increasingly digitized business and consumer segments," said Anurag Shrivastava, General Manager and Global Practice Head of Network Services, iDEAS, Wipro Limited.

"Bringing together the strengths of each company, DriveNets and Wipro will be able to streamline the deployment of DriveNets Network Cloud solutions. Together, we offer the most effective way to build and scale networks while significantly reducing the hardware requirements and accelerating innovation," said Ido Susan, CEO, DriveNets.

Network Cloud includes an open ecosystem that features elements from leading silicon vendors and ODMs, certified by DriveNets and empowered by Wipro. The partners are already actively engaged with leading CSPs on joint projects.

Shares of Wipro Limited was last trading in BSE at Rs. 658.15 as compared to the previous close of Rs. 658.45. The total number of shares traded during the day was 385013 in over 11716 trades.

The stock hit an intraday high of Rs. 666.10 and intraday low of 656.70. The net turnover during the day was Rs. 255004193.00.

Source : Equity Bulls

Keywords

WiproLimited INE075A01022 WIPRO ITConsulting Software DriveNets