Wipro's massive drive to drive automation

Wipro is one of India's biggest software services provider with services across 54 countries.

Founded in 1945 by Mohamed Hashem Premji, the tech conglomerate has grown to script revenues over $7 billion and profits of nearly $1.3 billion this year.

Headquartered in Bengaluru, the company is now headed by Mohamed's son, Azim Premji, who took over the company's operations when he was 21.

Two years ago, it was announced that Indian tech giant would rival American tech company IBM's cognitive system when reports surfaced that it was developing its own artificial intelligence (AI) platform.

IBM's current AI system is called Watson.

Wipro's artificial intelligence platform, called Holmes, was being developed to help understand and work like humans.

Earlier this year, the software company stated that it was looking to use the AI platform Holmes to do jobs performed by around 3,000 engineers.

This automation targeted the company's fixed-price projects.

The drive would help free the engineers of redundant software maintenance activities, and save nearly $46.5 million.

Wipro said it was looking to sell the platform and garner $60-70 million in revenues.

Indian software company Wipro is looking to bolster automation across the company's varied segments, enabling greater productivity.

After its AI platform Holmes was launched eighteen months ago and replaced thousands of mundane software jobs, Wipro is now considering to reduce another 20,000 jobs by automating them.

Wipro is looking to appoint a leader across six of its segments who will lead the automation drive.