Tag Archives: Sell rating on Wipro: Taking baby

Sell rating on Wipro: Taking baby steps into BPaaS, the future of BPO

Wipro has announced the acquisition of Viteos, a niche Business-Process-as-a-Service (BPaaS) for the Alternative Investment Management industry. The rationale is sensible, but the acquisition size is too small (<0.5% of Wipro’s FY15 revenues) to matter. Wipro has a good track record of identifying emerging trends, but has so far failed to capitalise on them due to a flawed culture and ... Read More »