Wipro wins Shell.ai Hackathon for Sustainable and Affordable Energy

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, has won the Shell.ai hackathon powered by Microsoft and Udacity for Sustainable and Affordable Energy.

The annual Shell.ai hackathon brings together brilliant minds passionate about digital solutions and AI to tackle real energy challenges and help build a lower-carbon world. The 2022 competition invited participants to solve an "EV Charging Network Challenge" by using AI to optimize a charging network that could accommodate demographic changes and meet evolving EV customer demand.

Pratyaya Bhattacharyya, a Lead Data Scientist from Wipro, won the global hackathon for his location optimization solution for EV charging stations. Using quadratic functions, he got forecasts for each location and formulated a linear programming problem statement to get optimized values.

Mukund Kalmanker, Vice President and Global Practice Head, AI Solutions, Wipro Limited said, "We at Wipro believe in creating a sustainable, humane, and resilient future for all. To that end, we leverage cutting-edge technologies like AI, along with cloud and data, to create solutions for optimum consumption. Wipro's AI Solutions provides avenues for our professionals' growth and development while encouraging them to build innovative solutions that maximize our clients' business value. This prestigious win underscores the exceptional talent we nurture at Wipro and reinforces our leadership in the AI services market."

Shares of Wipro Limited was last trading in BSE at Rs. 409.95 as compared to the previous close of Rs. 407.45. The total number of shares traded during the day was 494694 in over 13644 trades.

The stock hit an intraday high of Rs. 413.00 and intraday low of 408.10. The net turnover during the day was Rs. 203345441.00.

Source : Equity Bulls

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Wipro INE075A01022 WIT Shell Hackathon Microsoft Udacity