Wipro posts fast growth in South America
IT outsourcing giant Wipro is growing fast in Latin America, particularly in Mexico and Costa Rica, after it launched an intense focus on business process services (BPS). Regionally, Wipro has around 1,700 people in BPS, with Mexico representing the bulk of their LatAm focus. Wipro’s gains in Latin America followed years of instability in the region, given the fact that competitor Tata Consultancy Services established its presence ahead. Wipro, however, managed to carve out its identity in the Latin America outsourcing sector by providing BPS instead of the classic ADM functions that characterized the emergence of TCS.