Wipro has developed a platform called HOLMES, which assembles AI and automation, including advanced robotics, to create sophisticated digital solutions. The firm holds more than 1,600 patents that are integrated into customized client solutions. The company has established worldwide Innovation Centers and Digital Pods designed to fuel innovation and co-innovation. It also operates a $100 million venture fund that seeds startups and extreme innovation to its clients. Wipro has a Industry 4.0 initiative that focuses on integrating emerging and advanced digital technologies into manufacturing. This includes IoT, real time analytics and augmented and virtual reality.
Cloud computing has allowed managed IT services to expand beyond the regions and borders that would constrain the average break/fix IT through the adoption of Software as a Service (SaaS) technologies, as well as Infrastructure as a Service (IaaS) and Platform as a Service(PaaS) also. These capabilities allow managed IT services to scale at a rate dramatically larger and faster than in-house IT operation or break/fix providers.
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