Wipro, a leading IT services firm, has made a significant stride in the field of Artificial Intelligence (AI) with the launch of its AI-first innovation ecosystem, Wipro ai360. The company also announced its plans to invest $1 billion in AI over three years. This strategic move aims to strengthen Wipro’s AI capabilities, enhance its data and analytics expertise, develop new consulting services, and empower its workforce through comprehensive AI training.
Wipro is building a Strong AI Foundation
Wipro recognizes AI’s rapid advancements and transformative potential, particularly with the emergence of generative AI technologies. The company envisions fundamental industry shifts, including new business models, work methodologies, and challenges. With its ai360 ecosystem, Wipro places responsible AI operations at the core of its AI endeavors, ensuring ethical and sustainable practices.
Comprehensive Workforce Training
Wipro has committed to training its approximately 250,000 employees on AI within the next 12 months, acknowledging the importance of a skilled workforce in the AI era. This initiative reflects Wipro’s dedication to upskilling and preparing its workforce for AI-specialized roles. The company’s ai360 platform will facilitate customized, ongoing training, ensuring employees have the necessary skills to thrive in an AI-driven world.
Collaboration and Ecosystem Integration
Wipro’s ai360 ecosystem will unite 30,000 professionals working in data analytics and AI, along with the technology ecosystem from Wipro’s four major business lines. This collaboration will foster knowledge-sharing, innovation, and the development of cutting-edge AI solutions. Wipro is bringing together internal expertise and external partnerships. The company aims to create a dynamic environment that drives continuous advancements in AI.
Investment in Startups and Acceleration Programs
Wipro Ventures plans to invest in “cutting-edge” startups to fuel innovation and stay at the forefront of AI. Additionally, Wipro will launch a seed accelerator program focused on generative AI to prepare startups to become enterprise-ready. These initiatives demonstrate Wipro’s commitment to nurturing the AI ecosystem and fostering collaboration between established players and emerging innovators.
Partnerships for AI Advancements
Wipro has also formed strategic partnerships with leading technology companies to leverage their expertise in AI. In collaboration with Google, Wipro offers generative AI solutions to enterprises across sectors. 20,000 Wipro employees will receive training on Google Cloud’s generative AI technologies as part of this partnership. Wipro’s Generative AI CoE (Center of Excellence) works alongside technology partners and academic institutions to drive research in advanced AI areas. This empowers customers to gain a competitive edge.
Not just Wipro, but Industry-wide Focus on AI
Wipro’s investment in AI is emblematic of a broader trend in the industry. Companies worldwide, from banks and healthcare providers to technology giants, have accelerated their AI investments. The advent of ChatGPT, a generative AI chatbot developed by Microsoft-backed OpenAI, further catalyzed this AI revolution in late 2022