Wipro announces setting up of Innovation Centre in London, to Invest € 16M
Wipro Limited, a leading IT, consulting, and business process services company, announced on Tuesday that it will be setting up an Innovation Centre in Holborn, London.
The Bengaluru-headquartered company said it will invest Euro 16 million over the next four years in the 20,000 sq. ft. Innovation Centre which will serve as Wipro’s flagship center in the United Kingdom and provide technical expertise to companies in the UK and globally.
‘It will be integral to providing advanced digital, cybersecurity, and cloud expertise to both established and upcoming enterprises, taking the lead on digital transformation in one of Europes biggest technology markets,’ Wipro said.
This year marks Wipro’s 75thglobal anniversary, and 25 years in the UK, where it employs more than 4000 technology, digital consulting, and business management professionals.
The IT services provider stated it has recruited more than 500 new employees in the UK in the last 12 months and, with the announcement of the Innovation Centre, foresees its talent base to expand further over the coming years.
UK Prime Minister Boris Johnson said, ‘Trade and investment between the UK and India is creating good jobs and sustaining livelihoods in both of our countries. I’m very pleased that Wipro has decided to join the legions of Indian companies investing in the UK, boosting our technology sector and driving economic growth.’
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