Wipro raising presence in infrastructure mgmt services

Wipro Technologies, after establishing its presence in the Indian market for infrastructure management services, is targetting global business in the sector.

The business of Wipro is presently valued around $400 million, accounting for 20 per cent of IT services business, and is growing at 60 per cent annually.

The division of the $1.8 billion Wipro Ld (2004-05) has invested close to Rs 23 crore in setting up a 'next generation' global command centre for remote management of infrastructure services. The new centre will provide customers a technology agnostic, secure managed service environment.

Said Suresh Vaswani, president, Wipro Technologies: "India is well positioned to take on the challenge of IT infrastructure outsourcing. According to Forrester, this line of business represents a $66 billion market potential and our vision is to emerge as one of the top 10 infrastructure management service providers globally."

He added that the business is equally big for India, similar to the application development business through which India is reaping good benefits. The division serves 165 customers globally including Shell, Honeywell, Akzo Nobel and Lehman Brothers.

"In India, institutions like HDFC Bank, Vijaya Bank and Sanmar Group are among our customers and we see good growth ahead of us," he said.

In five years, the line of business has grown from 5 per cent of revenue to 20 per cent. "We intend to maintain the 60 per cent growth on a sustained basis over the next few years," added G K Prasanna, senior VP (infrastructure business), Wipro Technologies.