TL;DR:
- Wipro Limited launches Wipro ai360, an AI-first innovation ecosystem.
- $1 billion investment over three years to advance AI capabilities.
- Aim to integrate AI into every platform, tool, and solution.
- Responsible AI operations and ethical considerations at the core.
- Collaboration of 30,000 AI experts and global business lines.
- Wipro’s innovation hub, Lab45, accelerates AI adoption.
- Enhancing AI, data analytics, R&D, and consulting capabilities.
- Investing in cutting-edge startups through Wipro Ventures.
- Training all 250,000 employees on AI fundamentals and responsible AI use.
- Decentralized Identity & Credential Exchange for employee certification.
Main AI News:
In a bold move that underscores their commitment to staying at the forefront of technological innovation, Wipro Limited, a leading technology services and consulting company, has announced the launch of Wipro ai360. This comprehensive AI-first innovation ecosystem builds upon Wipro’s decade-long investments in artificial intelligence (AI) and aims to seamlessly integrate AI into every facet of its internal operations and client solutions. To support this ambitious endeavor, Wipro has also pledged a staggering $1 billion investment over the next three years to advance its AI capabilities.
Fuelled by this substantial investment, Wipro ai360 is poised to unleash a new era of value, productivity, and commercial opportunities through the transformative application of AI and generative AI. Thierry Delaporte, Chief Executive Officer and Managing Director of Wipro Limited, expressed his enthusiasm for the project, stating, “Artificial Intelligence is a fast-moving field. Especially with the emergence of generative AI, we expect a fundamental shift up ahead for all industries. New business models, new ways of working, and new challenges, too. This is exactly why Wipro’s ai360 ecosystem places responsible AI operations at the heart of all our AI work. It’s meant to empower our talent pool and be ubiquitous across all our operations and processes, as well as our solutions for clients. We are ready for the AI-driven future!“
Central to Wipro ai360 is the concept of responsible AI, ensuring that ethical considerations and best practices are embedded into every aspect of their AI initiatives. The ecosystem will harness the expertise of Wipro’s 30,000 AI and data analytics specialists, who will collaborate with the company’s technology and advisory ecosystem from four global business lines. Leveraging capabilities across cloud and partnerships, data analytics and AI, design and consulting, cybersecurity, as well as engineering, Wipro aims to develop cutting-edge solutions and seamlessly integrate AI into all their processes and practices. This transformative approach will be further bolstered by Wipro’s new global business line model, which promises unprecedented levels of agility, speed, and depth in service delivery.
To drive innovation forward, Wipro’s innovation hub, Lab45, will play a pivotal role within the Wipro ai360 ecosystem. Lab45 will provide clients with access to top-tier talent, comprehensive training programs, and scalable resources, as well as the research and co-innovation capabilities needed to accelerate the adoption of AI. It will serve as a dynamic hub where ideas flourish, breakthroughs happen, and the potential of AI is fully realized.
The $1 billion investment will not only enhance Wipro’s existing AI, data, and analytics capabilities but also bolster its research and development efforts, strengthen its technological foundations, and elevate its FullStride Cloud platform. Additionally, Wipro is committed to building new consulting capabilities that will help its clients adapt to the ever-evolving business landscape and unlock new value through AI. Embracing a holistic approach, Wipro will also expedite investments in cutting-edge startups through Wipro Ventures. Moreover, they are set to launch the GenAI Seed Accelerator program, which will provide select GenAI-focused startups with the essential training required to become enterprise-ready.
Recognizing the importance of equipping their workforce with the necessary skills, Wipro has set an ambitious goal to train all 250,000 employees on AI fundamentals and responsible AI usage within the next 12 months. In addition to this comprehensive training, Wipro will offer more specialized and ongoing training for employees in AI-focused roles. A meticulously designed curriculum will guide employees through their AI journey, culminating in the credentialing of their achievements via the Decentralized Identity & Credential Exchange (DICE) ID platform. To foster a culture of continuous upskilling, Wipro will also organize hackathons and challenges on their talent crowd platform, Topcoder.
Conclusion:
Wipro’s $1 billion investment in AI and the launch of Wipro ai360 signify their commitment to leading the AI revolution. By integrating AI into every aspect of their operations and client solutions, Wipro aims to drive value, productivity, and commercial opportunities. The emphasis on responsible AI and ethical considerations demonstrates their dedication to building a sustainable AI ecosystem. This strategic move positions Wipro as a trailblazer in the market, enabling them to leverage AI capabilities to deliver cutting-edge solutions and stay ahead of the competition. With a focus on training its workforce and investing in startups, Wipro is well-positioned to navigate the evolving business landscape and unlock new value for its clients through AI-driven innovations.
