Wipro share price has declined 6.5 percent over the last one week and the stock is currently looking weak on technical charts. However, the stock could be in focus on Monday as the company management has announced significant changes to focus on AI, Cloud Computing and other new verticals to improve margins. Wipro, a leading global IT services provider, has announced a strategic restructuring of its Global Business Lines (GBLs) to enhance its focus on AI, cloud computing, and digital transformation.

The company will now operate under four distinct GBLs—Technology Services, Business Process Services, Consulting Services, and Engineering—structured around client-buying behaviors. The realignment, effective April 1, 2025, aims to deliver integrated, outcome-driven solutions tailored to evolving market demands. The restructuring also includes key leadership changes, with new appointments and executive transitions, positioning Wipro for greater agility and client-centric innovation.

Wipro’s New Global Business Lines Structure

Four Key Business Segments for Targeted Growth
Technology Services – Led by Nagendra Bandaru, this division will focus on cloud, cybersecurity, AI, and enterprise applications.
Business Process Services – Jasjit Singh Kang will oversee this segment, specializing in digital operations and business process transformation.
Consulting Services – Headed by Amit Kumar, this unit will provide strategic advisory services to businesses seeking digital transformation.
Engineering Services – Led by Srikumar Rao, this division will drive innovation in product engineering, R&D, and design-led solutions.
Capco Remains Unaffected
Wipro’s Capco consulting business, acquired in 2021, will remain unaffected by the restructuring, continuing to offer management consulting and digital transformation solutions.

Strategic Vision: AI, Cloud, and Digital Transformation

Aligning with Evolving Client Needs
Businesses today demand integrated, AI-powered solutions that enhance agility, efficiency, and innovation.
The new structure allows Wipro to better serve clients by providing tailored, industry-specific digital transformation strategies.
CEO’s Perspective on the Realignment
Srini Pallia, Wipro CEO and MD, highlighted the client-first approach behind this restructuring.
“This evolution of our business lines sharpens our focus on consulting-led and AI-driven solutions, allowing us to deliver high-impact transformations for our clients,” Pallia stated.

Leadership Changes and Executive Transitions

Key Appointments
Jasjit Singh Kang will assume leadership of Business Process Services, joining Wipro on April 1, 2025.
He will report directly to CEO Srini Pallia, reinforcing the company’s focus on digital operations and automation.
Resignation of FullStride Cloud Head
Jo Debecker, Head of Wipro FullStride Cloud, has announced his resignation to pursue opportunities outside the company.
His departure marks a leadership transition in Wipro’s cloud services, a critical area for the company’s digital transformation strategy.

Implications of Wipro’s Realignment

Stronger Market Positioning
This restructuring enhances Wipro’s ability to adapt to evolving industry demands, particularly in AI, cloud, and digital solutions.
The focus on consulting-led innovation positions the company competitively against major IT service providers.
Enhanced Client-Centric Approach
By streamlining its business segments, Wipro ensures a more agile, focused, and effective engagement with clients across industries.
The integration of AI-powered solutions and domain-specific services strengthens its value proposition in the global IT market.

Bottomline: A Transformational Step for Wipro

Wipro’s strategic realignment reflects its commitment to staying ahead in AI, cloud computing, and digital transformation.

The new GBL structure enables greater operational efficiency and specialized client service.
Leadership changes indicate a renewed focus on digital transformation, business process automation, and cloud services.
The restructuring aligns with broader industry trends, positioning Wipro as a strong competitor in the global IT services landscape.