Wipro Ltd will invest £ 16million to set up an innovation center in London which will serve as the company’s flagship hub in the UK.
A press release from the company said on Tuesday that the investment will take place over the next four years in the 20,000 square foot innovation center that will provide technology expertise to companies in the UK and around the world.
Expand the talent base
He will be integral to delivering advanced digital, cybersecurity and cloud expertise to established and future businesses, leading the digital transformation in one of Europe’s largest technology markets. The IT service provider has hired more than 500 new employees in the UK over the past 12 months and, with the announcement of the Innovation Center, expects its talent base to grow further over the next few months. years.
The opening of the Center is the next critical step in providing businesses with world-class consulting services on digital, business and IT transformation, and follows the recent announcement of Wipro’s acquisition of Kingdom-based Capco. United, for $ 1.45 billion.
This acquisition will add 1,300 employees in the UK. British Prime Minister Boris Johnson said: “Trade and investment between the UK and India creates good jobs and supports livelihoods in our two countries. I am very happy that Wipro has decided to join the legions of Indian companies investing in the UK, boosting our tech sector and driving economic growth. ”