Wipro has granted 18,796 Restricted Stock Units under Company ADS Restricted Stock Unit Plan 2004, to its identified employee(s) / identified employee(s) of its subsidiary company. This grant is effective from 13 May 2024.Powered by Capital Market - Live News

Wipro and Kognitos Inc., a leader in Generative Al Automation and a portfolio company of Wipro Ventures, today announced a collaboration to deploy enterprise ready Gen AI-based Business Automation Solutions. In addition to this, Wipro Ventures, Wipro`s corporate investment arm, invested in Kognitos as part of the firm`s Series A funding round. Wipro`s Digital Operations and Platforms business line will leverage Kognitos` platform to drive productivity in large transformation engagements. The platform will automate complex business process workflows for Wipro`s customers in use cases like order management, contact center, and finance and accounting services. The Financial Shared Services team at Wipro will also use the platform to manage multiple processes like Collection Accounting and complex reconciliationsPowered by Capital Market - Live News

Wipro today announced that it is collaborating with Microsoft to launch a suite of cognitive assistants for financial services powered by generative artificial intelligence (GenAI): Wipro GenAI Investor Intelligence, Wipro GenAI Investor Onboarding, and Wipro GenAI Loan Origination. Harnessing the power of GenAI, the Wipro cognitive assistants will provide financial professionals with deep market intelligence and relevant and timely information on investment products and investor behavior. The solutions will also accelerate the investor onboarding and loan origination process by significantly reducing the time it takes to validate documents and providing meaningful and contextual responses to investor queries throughout the process. The Wipro cognitive assistants, powered by Azure OpenAI, will fully integrate with existing mobile and digital platforms, providing a seamless user experience and a unified source of information to both financial services professionals and their clients.Powered by Capital Market - Live News

Wipro announced that it has been selected by Nokia (NYSE: NOK) to overhaul its employee service desk and provide seamless, real-time IT support to a global network of employees. The Wipro team will build a bespoke AI-powered, cloud-based solution for Nokia`s workforce comprising of around 86,700 users globally in 130 countries of operations. The solution aims to enhance the employee experience by providing highly available, modular, secure, and automated services. Designit, a Wipro company specializing in user experience strategy and implementation, will conduct user research to ensure personalized assistance is offered to employees at the right time. This project will result in the creation of an experience-driven, omni-channel, and always-on global service desk, which will provide employees with highly flexible and secure services to empower them to effectively navigate a hybrid work environment.Powered by Capital Market - Live News

Wipro`s innovation lab, Lab45 announced the launch of its own Think Tank to help enterprise leaders and Wipro customers prepare for a future with emerging technologies. Lab45`s Think Tank will study the impact of emerging technologies such as Generative AI, Space Tech, Spatial and Quantum Computing and IoT etc. on business, people, and the planet. Think Tank will work with change leaders - leaders who want to make strategic and bold bets on emerging technologies to transform their organizations - on how to leverage these new technologies to disrupt their markets, create new products, and bring value to the world. To help speed up the development and implementation of emerging technologies, Think Tank will also work with select early-stage startups to provide them with an 8-week compelling enterprise readiness program. Upon completion, the Think Tank team will carefully curate connections with Wipro`s global customer base, accelerating both the startups and as well as Wipro customers` innovation journeyPowered by Capital Market - Live News