Wipro to invest $1 Billion in AI, launches Wipro ai360 ecosystem to infuse AI-in-everything
Digital Edge Bureau 12 Jul, 2023 0 comment(s)India’s Wipro Limited, the leading technology services and consulting company, has launched Wipro ai360, a comprehensive, AI-first innovation ecosystem that builds on Wipro’s decade-long investments in artificial intelligence (AI) with the goal of integrating AI into every platform, every tool, and every solution used internally and offered to clients.
Along with the launch of Wipro ai360, the company has also committed to making a $1 Billion investment in advancing AI capabilities over the next three years. Wipro ai360 will help unleash a new era of value, productivity, and commercial opportunities through the application of AI and generative AI.
As per company’s statement, the $1 Billion investment will help further advance Wipro’s AI, data and analytics capabilities and foundation, R&D and platforms, enhance FullStride Cloud, and build new consulting capabilities to help clients adapt to change and unlock new value through AI.
“AI is a fast-moving field,” said Thierry Delaporte, Chief Executive Officer and Managing Director, Wipro Limited. “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.”, added he.
“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 solutioning for clients. We’re ready for the AI-driven future,” elaborated Delaporte.
Thierry Delaporte
CEO & MD
Wipro Limited
With responsible AI at its core, Wipro ai360 will bring together the 30,000 Wipro experts in data analytics and AI with Wipro’s technology and advisory ecosystem from four global business lines. Capabilities across cloud and partnerships; data, analytics and AI; design and consulting; cybersecurity; as well as engineering will be leveraged to develop new solutions and embed AI into all processes and practices. Wipro’s new global business line model will enable new levels of agility, speed, and depth in delivery.
Also, Wipro’s innovation hub Lab45 will be a core part of the Wipro ai360 ecosystem, providing clients with the talent, training, scale, as well as the research and co-innovation capabilities needed to accelerate AI adoption. The company would also accelerate investments in cutting-edge startups through Wipro Ventures. Additionally, the company will launch a GenAI seed accelerator program, which will provide select GenAI-focused startups with the training needed to become enterprise-ready.
Interestingly, Wipro would develop a curriculum that maps out the complete AI journey for different roles. The completion of the curriculum will culminate in the credentialing of employees through the Decentralized Identity & Credential Exchange (DICE) ID platform. Wipro will also run hackathons and challenges on its talent crowd platform, Topcoder, for continuous upskilling of employees.
In achieving these goals, the company will train all 250,000 employees on AI fundamentals and responsible use of AI over the course of the next 12 months and will continue to provide more customized, ongoing training for employees in AI-specialized roles.