East Brunswick, New Jersey, USA and Bangalore, India – June 10, 2020: Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today released its ‘State of IT Infrastructure 2020’ report.

The study reveals that 75% of organizations find the need to upgrade outdated infrastructure and invest in new technologies. In addition, 81% of enterprises are reskilling their existing workforce to increase digital penetration, signifying major changes on the horizon for IT infrastructure.

The report provides a multi-dimensional view of how the COVID-19 pandemic will impact IT infrastructure trends in the immediate future. With prevalent uncertainty, there’s a rapid shift in channel preferences: large-scale adoption of work from home brings new challenges for businesses and their suppliers. The report also looks at the new tools, technologies and collaborative networks that will emerge. It provides insights into various aspects of the new digital workspace, the approach taken by organizations to consistently deliver user experience, enhance resiliency of services, and make the environment more secure amidst new threats.

Other highlights from the report:

• In an enterprise, on an average 43% of the IT infrastructure spend budget is used for transforming the business. This suggests that there is considerable scope for innovation
• 24% organizations do not have a single cloud partner. The single-largest expense account will be for data center cloud, heralding a new phase in cloud adoption as organizations move from a “cloud-first” to a “cloud smart” approach
• 54% organizations will be adopting containers, a trend that will make open source a more compelling choice across IT infrastructure
  
• Rapid evolution of software-defined resources and emergence of AIOps to advance automation programs

The annual study is based on three months of primary and secondary research including surveys of C-level executives, vice presidents, business unit leads. These respondents belong to the Banking, IT Services Insurance, Industrial and Process Manufacturing, Utilities, Oil & Gas, Communications, Securities and Capital Market, Automotive, Consumer Packaged Goods, and other industries. The survey was conducted across UK, North America, Asia Pacific Region, Continental Europe, Middle East, and Latin America.

Kiran Desai, Senior Vice President and Global Head, Cloud and Infrastructure Services, Wipro Limited said, “The report should be a timely guide for leaders to navigate the pandemic. A range of new technologies like Internet of Things, Augmented Reality, Virtual Reality, Blockchain, are on course to be fully exploited by digital businesses. By leveraging multi-cloud, Edge, Software-Defined Infrastructure, Artificial Intelligence, automation, we will be able to realize the potential of these new technologies and present a truly ‘invisible infrastructure’ to applications.”