Wipro Technologies, a subsidiary of Wipro Limited, has merged its telecom service provider and product engineering services divisions. The new entity, to be known as Telecom & Product Engineering Solution (TPE), will contribute $1 billion to Wipro's $3.2 billion top line. |
Wipro has taken this decision to provide integrated services and solutions to the telecommunication industry. The entity is expected to help Wipro approach clients in the telecom space as a complete solutions provider, sources close to the development said. |
No official comments were available from Wipro as they are in a silent period, just weeks prior to announcing their results. Close on the heels of this development, the company has appointed Rajesh Ram Mishra, vice-president, operation and competency, Product Engineering Solutions, as the chief technology officer (CTO) of TPE. It is believed the company will make a formal announcement to this effect after its annual results are made public on April 17. |
Mishra, who has been working with Wipro for almost 17 years, will report to Ramesh Emani, president of product engineering, as well as to Divakaran Mangalath, CTO of Wipro Technologies. |
Currently, the product engineering services vertical is the biggest growth driver for the company, contributing about 31 per cent to Wipro's annual turnover. Telecom service providers vertical contributes about 6 per cent to the company's turnover. |