Investments for IT services worldwide to further rise

Global software and IT outsourcing firm Wipro expects more investments for IT services worldwide this year. The forecast is based on the demand environment, which is interestingly poised, according to Wipro Chief Executive Abidali Z. Neemuchwala. IT services such as digital, AI platforms, and cloud applications have enabled Wipro to offer a differentiated value proposition to its global clients. This year, though, Wipro intends to hire locally and invest in delivery and innovation centres across the US due to the increasing protectionist measures by the new US administration.