Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting, and business process services company, today announced the launch of a multi-million dollar Silicon Valley Innovation Center in Mountain View, California. This state-of-the-art R&D and incubation hub is designed to develop and showcase next-generation technologies and solutions for enterprises.
Wipro has been making investments in emerging technologies so as to enable clients to become future-ready in this era of digital transformation. Wipro’s Silicon Valley Innovation Center will serve as a showcase for the ‘Art of The Possible’ and demonstrate cutting-edge enterprise applications based on disruptive technologies such as Artificial Intelligence, Virtual Reality, Hyper Spectral Imaging, Machine Vision and Collaborative Robotics& Automation, to solve real-world business challenges faced by enterprises. The center will also serve as a value creator for technology start-ups, small and medium enterprises and entrepreneurs, enabling them to showcase and integrate their technology capabilities with that of Wipro and participate in the larger innovation ecosystem.
The center has also incubated a ‘Digital Pod’ and features a ‘Rapid Proto Lab’. The pod is purpose-built for Wipro’s digital strategy, design and engineering teams to work in a collaborative and adaptive workspace, along with clients. Wipro has 14 digital and design pods across the globe, including London, New York, Copenhagen, Oslo, Stockholm, Madrid, Munich, Sydney, Tel Aviv, Bangalore and Tokyo. Clients will also have access to immersive experiences and the ability to experiment with futuristic technologies in the ‘Rapid Proto Lab’.
Wipro’s Silicon Valley Innovation Center expects to finalize technology research partnerships with leading universities in the United States during the course of the current financial year. The center will also support the company’s collaboration with technology start-ups in the Bay Area through Wipro Ventures, the strategic investment arm of Wipro Limited. Wipro Ventures is a USD 100 million fund that focuses on investing in early- to mid-stage startups and leverages Wipro’s global reach and market knowledge to accelerate the growth of its portfolio companies.
Abidali Z. Neemuchwala, Chief Executive Officer & Executive Director, Wipro Limited said, “Our new center imbued with the culture, spirit and creative energy of Silicon Valley, the cradle of technological innovation, will design and deliver path-breaking solutions for our clients. Wipro is committed to working more closely with start-ups, academia and leading technology companies in the Bay area to help our clients achieve their desired digital transformation outcomes.”
During the past decade, Wipro has invested over USD 2 billion in the United States. Wipro has over 40 facilities across 23 states in the U.S. The company has been focused on creating jobs in the U.S. underscoring its strategy to build a deep reservoir of local talent based out of centers close to its clients.
During the first six months of this calendar year, Wipro hired over 1,600 employees and today employs over 14,000 in the U.S., a majority of whom are U.S. locals. Wipro will continue to recruit from top universities and also hire experienced professionals to build on the momentum of hiring locally in the United States.