Wed 16-11-2022 19:39 PM
DUBAI, 16th November 2022 (WAM) –- H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, today visited the newly opened headquarters of the Asia Pacific, Middle East and Africa Strategic Market Unit of Wipro Limited, a leading global information technology, consulting and business process services company, in Dubai.
H.H. Sheikh Hamdan bin Mohammed was accompanied by H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, and Deputy Prime Minister and Minister of Finance of the UAE.
Sheikh Hamdan bin Mohammed said, “The establishment of Wipro’s new facility in Dubai reflects the emirate’s growing profile as a global hub for the world’s leading information technology companies. Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum’s vision for innovation-driven growth has made Dubai a magnet for investments from the world’s foremost players in industries driving the future of the global economy. Dubai has created a dynamic enabling infrastructure and ecosystem for the information technology industry along with regulatory frameworks designed to support innovation, entrepreneurship and business expansion. The city is also the ideal base to access some of the world’s best technology talent, which continues to gravitate to Dubai to take advantage of its rich growth opportunities and high living standards. Over the past decade, Dubai has witnessed several major global technology success stories that have further reinforced the city’s profile as a global focal point for growth and enterprise in the sector.”
Located in the heart of the bustling business establishment of One Central at the Dubai World Trade Centre, the newly-opened headquarters will lead Wipro’s expansion and investments across the UAE and APMEA. It will address the business, technology and transformation agendas of clients in focus sectors such as Financial Services, Retail, Telecom, Energy and Utilities, and the Public Sector. The APMEA strategic market unit generates around $1.5 Billion in revenue for Wipro. Over 30,000 Wipro personnel report to this regional headquarters.
Headquartered in Bengaluru in India, Wipro recorded global revenues of $10.4 billion in the 2021-22 fiscal year, and year-on-year growth of 27 per cent. With a presence across 66 countries and employing over 250,000 people, Wipro has an extensive portfolio of capabilities in consulting, design, engineering, operations, and emerging technologies. Wipro began its operations in the Middle East in UAE in 2001 and today has a presence spread across several countries in the region.
Rishad Premji, Executive Chairman, Wipro Limited, said, “We are pleased to launch our APMEA headquarters in Dubai, which opens a new chapter for Wipro in a fast-moving, technology-first market. Dubai is a gateway to the world, and its progressive government, multicultural workforce, and business-friendly policies, makes it a great fit for us as we expand our footprint across the APMEA regions.”
Ecosystem partnerships are one of the core pillars of Wipro’s global business strategy. The APMEA headquarters will consist of a co-innovation space, where strategic partners, including AWS, Microsoft, HPE, Informatica, Palo Alto Networks, SAS and Snowflake, will collaborate with Wipro to co-create and develop joint value-driven solutions that address the evolving needs of key sectors and technologies.
Wipro will leverage this strategic market presence to accelerate the impact of its acquisitions, namely, Capco, the global management and technology consultancy dedicated to banking and financial services, and Designit, the strategic design and innovation company to bring holistic capabilities and experiences to clients. The company has also introduced Lab45 at this HQ, a visionary innovation lab developing ground-breaking solutions to foster and accelerate ideation with clients.
Thierry Delaporte, Chief Executive Officer, and Managing Director, Wipro Limited, said, “Establishing our headquarters here opens vast growth potential, and opportunities for synergies, across the entire region. The UAE understands the strategic value of technology, and the transformative power of digital technologies to drive change for good. Wipro shares that vision. We will be leveraging our global capabilities, local expertise, as well as our global partner ecosystem to co-create solutions for our customers in the region.”
Anis Chenchah, Chief Executive Officer – APMEA, Wipro Limited, said, “I am delighted to have Wipro as the first global company of our industry that puts three vast continents – Africa, Asia, and Oceania – under a unified leadership, headquartered in my home city of Dubai. Business exchanges between Africa and Asia are increasing significantly, creating major opportunities for Wipro. With its strategic location, its ultra-modern-infrastructure, and global mindset, Dubai is the ideal place to drive our business growth in this promising part of the world.”