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Stock impact report

Wipro and Kognitos Collaborate to Deploy GenAI-Based Business Automation Solutions

Wipro Limited (WIT) 
Last wipro limited earnings: 4/16 04:00 pm Check Earnings Report
US:NYSE Investor Relations: wipro.com/investors
Company Research Source: PR Newswire
Wipro Ventures also participated in Kognitos' latest Series A Funding RoundSAN JOSE, Calif. and BENGALURU, India, May 8, 2024 /PRNewswire/ -- Wipro (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company and Kognitos Inc., a leader in Generative Al Automation and a portfolio company of Wipro Ventures, today announced a collaboration to deploy enterprise ready GenAI-based Business Automation Solutions. In addition to this, Wipro Ventures, Wipro's corporate investment arm, invested in Kognitos as part of the firm's Series A funding round.Wipro's Digital Operations and Platforms business line will leverage Kognitos' platform to drive productivity in large transformation engagements. The platform will automate complex business process workflows for Wipro's customers in use cases like order management, contact center, and finance and accounting services. The Financial Shared Services team at Wipro will also use the platform to manage multiple processes li Show less Read more
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