Wipro Ltd. announced on Thursday, January 30, after-market hours, that it has won a multi-million-dollar deal from Etihad Airways for the latter’s technology transformation and cost optimisation.
The national airline of the United Arab Emirates has chosen Wipro to lead its comprehensive technology modernisation, to ensure seamless migration of its legacy systems and improve operational efficiency across key areas including workplace, network, infrastructure and service management.
As part of the five-year deal, Wipro FullStride Cloud will deliver a customised cloud-based solution that will provide Etihad Airways real-time insights into their resource utilisation and improve operational agility and scalability for their global operations.
Wipro will also integrate Generative AI modules across the IT framework and also provide intelligent device management and insights that will optimise performance and resolve potential disruptions.
Etihad will also gain access to Wipro’s innovation lab in the UAE to enhance their technology.
Wipro clarified that the deal was mentioned in the company’s financial result update for the December quarter, which were reported on January 17, 2025. However, the company had not named Etihad as its client.
Wipro won large deals worth $961 million during the December quarter, which was lower than the ₹1,489 crore it won during the September quarter.
Shares of Wipro ended 1% lower on Thursday at ₹309.5. The stock is trading close to its 52-week high.
Content Courtesy – CNBC
