Wipro announced the successful migration of the largest European data centre to Microsoft Azure

The project demonstrates the potential of cloud technology to optimise operations, improve efficiency, and contribute to a sustainable future.

Wipro announced the successful migration of ManpowerGroup’s largest European data centre to Microsoft Azure. This project, completed in under a year, aimed to streamline ManpowerGroup’s operations by moving their data centre to a shared services platform on Azure.

The extensive migration involved transferring over 150 critical IT applications across 15 European countries. Wipro utilized various Azure services including databases, virtual machines, storage, networking, and security solutions. Additionally, they established robust governance frameworks to ensure security and compliance.

By adopting the Azure platform, ManpowerGroup gains a strong foundation for future innovation, scalability, and sustainability. This shift enhances their IT infrastructure’s resilience, security, and control capabilities. Furthermore, the cloud-first approach contributes to environmental sustainability by reducing ManpowerGroup’s carbon footprint.

This successful collaboration showcases Wipro’s expertise in cloud migration and their commitment to helping clients achieve their business goals. The project demonstrates the potential of cloud technology to optimize operations, improve efficiency, and contribute to a more sustainable future.

Financial Performance

In Q3FY24, the company posted a 4.41% decline in its consolidated revenue at Rs 22,205.10 crore compared to Rs 23,229.00 crore from the previous year’s corresponding quarter. The operating profit of the company stood at Rs 4,796.60 crore, while the PAT of the company stood at Rs 2,701.00 crore, from Rs 3,062.40 crore, last year same quarter.

Company profile

Wipro is a leading global information technology, consulting and business process services company. The company harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help its clients adapt to the digital world and make them successful. The company is recognized globally for its comprehensive portfolio of services, a strong commitment to sustainability and good corporate citizenship.

Stock Price Movement

Today, the stock opened at Rs 531.40, with a high and low of Rs 531.40 and Rs 515.05, respectively. The stock is closed trading at Rs 517.10, which decreased by 2.68%. The stock has a 52-week high of Rs 546.10 and a 52-week low of Rs 351.85.


Disclaimer: This post has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.