Wipro has allotted 4,60,270 equity shares under ADSRestricted Stock Unit Plan 2004 on 18 September 2020, pursuant to exercise of ESOPs.

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Wipro announced that it has been positioned as a Leader in The Forrester New Wave™: RPA Service Providers In Healthcare, Q3 2020.

The pandemic has accelerated the adoption of automation across the Healthcare & Life Sciences (HCLS) value chain. Forrester initiated this research to get a deeper insight into how automation projects are unfolding in the HCLS industry. The report evaluated the currentoffering, market presence and strategy of 12 of the most significant emerging Robotic Process Automation (RPA) service providers in HCLS.

In addition to being named a leader, Wipro received differentiated ratings in the intelligentautomation, attended automation, unattended automation, HCLS Automation, KnowledgeTransfer and commercial model criteria. The Forrester report stated that, “Of all the vendors[Forrester] evaluated, Wipro has the most experience building bots for HCLS clients anddelivering automations to HCLS clients under outcomes-based procurement models.” Thereport also noted, “Clients said that Wipro is their trusted strategic advisor on new [ArtificialIntelligence] (AI) technologies and emerging governance models.”

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Wipro will provide commercial engineering services for the Open Network Edge Services Software (OpenNESS) toolkit globally. OpenNESS is a Multi-Access Edge Computing (MEC) software toolkit that was developed by Intel and allows developers to create and deploy applications at the network edge or on-premise edge locations. This open source distribution fosters application innovation, and developer engagement with the ecosystem to create 5G and edge solutions.

The engineering services for OpenNESS builds upon an ongoing collaboration between Wipro and Intel on innovative 5G and edge solutions that utilize Intel's FlexRAN software reference architecture and OpenNESS.

Commenting on the development, K.R. Sanjiv, Chief Technology Officer, Wipro said, Our collaboration with Intel will help build 5G solutions enabled by edge computing that will power industry applications, deliver superior experiences and drive business efficiencies. Intelligence closer to the source of data will help us re-imagine business applications for our clients. We are excited to deliver commercial support services globally for OpenNESS.

Wipro said it is committed to be the leading 5G solutions and implementations partner to its clients by providing them with strategic advice on the technology and unlocking its potential to generate new revenue streams. In addition to the 5G lifecycle services, Wipro's specializations in automation, security and enterprise transformation help clients realize business value in their digital transformation journeys.

Shares of Wipro have risen 11.6% in seven trading sessions. The stock hit a 52-week high of Rs 310.95 in intraday today. The counter is up 93% from its 52-week low of Rs 159.6 hit on 19 March 2020.

Wipro reported a 2.82% rise in consolidated net profit to Rs 2,411.50 crore on a 5.07% decrease in net sales to Rs 14,913.10 crore in Q1 June 2020 over Q4 March 2020.

Wipro is a leading global information technology, consulting and business process services company.

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Wipro will provide commercial engineering services for the Open Network Edge Services Software (OpenNESS) toolkit globally.

Open Network Edge Services Software (OpenNESS), is a Multi-Access Edge Computing (MEC) software toolkit that was developed by Intel and allows developers to create and deploy applications at the network edge or on-premise edge locations. This open source distribution fosters application innovation, and developer engagement with the ecosystem to create 5G and edge solutions.

The engineering services for OpenNESS builds upon an ongoing collaboration between Wiproand Intel on innovative 5G and edge solutions that utilize Intel's FlexRAN software referencearchitecture and OpenNESS. Wipro will leverage its long legacy of engineering services toensure successful deployment of commercial solutions based on the OpenNESS platform.With the evolution of decoupled RAN architecture, the Edge node is becoming a common hostfor both RAN and application workload. Wipro's expertise in working with FlexRAN inconjunction with a cloud-native platform such as OpenNESS uniquely positions the companyto onboard both RAN and application workloads on a common, optimized edge platform readyfor deployment.

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