Wipro to invest £16m in newly opened innovation centre in London

Wipro said that it has opened an innovation centre in Holborn, London where it will invest £16 million during the coming four years.

The 20,000sft innovation centre will be Wipro’s flagship centre in the UK. It will provide technology expertise to firms in the UK and across the world.

The Wipro innovation centre in London will be integral to offering advanced digital, cyber security and cloud expertise to established as well as upcoming enterprises.

The Indian IT services provider expects its centre to take the lead on digital transformation in one of the biggest technology markets in Europe.

Wipro to invest £16m in newly opened innovation centre in London. Photo courtesy of Rameshng/Wikipedia.org.

Wipro, which employs more than 4,000 technology, digital consulting and business management professionals in the UK, claims to have recruited more than 500 new employees in the country in the last 12 months.

With the announcement of the new innovation centre in London, the company anticipates its talent base to further expand over the coming years.

Boris Johnson – UK Prime Minister 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.”

The opening of the centre follows Wipro’s recently announced $1.45 billion acquisition of UK-based Capco for $1.45 billion. The acquisition will give 1,300 employees in the UK for Wipro.

Thierry Delaporte – CEO and Managing Director of Wipro said: “We are proud to announce a new step on our continued investment in the UK with a new Innovation Centre in London. This enhances our already powerful presence in the region across ten offices and over 4000 employees and will act as an important engine in our drive to boost digital transformation in Europe.”

“The pandemic has disrupted lives and businesses everywhere. There is a positive role for technology to play as we rebuild. At Wipro, we believe in technology’s ability to support communities everywhere and drive the sustainability agenda.”