Wipro's new CEO Thierry Delaporte has offered some initial insights into his plans for the services giant. Thierry Delaporte has tough task at Wipro, where he takes over as CEO on July 6 06 Jul, 2020, 11.19 AM IST Thierry Delaporte needs to “re-energize” the leadership team, turnaround failing businesses and drive growth. Wipro's new CEO Thierry Delaporte has offered some initial insights into his plans for the services giant. Wipro needs more than enthusiasm. Abc Small. He’s put together a new deals team -- headed by a chief growth officer -- to go after big client contracts. East Brunswick, New Jersey, USA and Bangalore, India – January 31, 2020: Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company today announced that Chief Executive Officer and Managing Director Abidali Z Neemuchwala has decided to step down due to … Picked from a crowded field of candidates, Delaporte was a surprise choice. Azim Premji tops EdelGive Hurun India Philanthropy List 2020; Binny Bansal youngest to feature Thierry, who was previously with Capgemini, was … Wipro’s new CEO, Thierry Delaporte ... Oct 13, 2020, 20:36 IST. Delaporte is collapsing layers and trying to simplify the structure. Capgemini SE is determined won’t be its last. Instead, the 53-year-old has been on a virtual tour from his home in Paris, meeting with managers, workers and customers around the globe. Font Size. Wipro NSE -1.15 % chief executive Thierry Delaporte is reaching out to employees across levels to seek inputs and draw up a strategy to revive growth at India’s fourth largest IT services firm. Both of them will transition from Wipro on December 31, 2020. Agencies. “There’s a particular momentum in the industry just now, and I want to drive that urgency to put Wipro back where it belongs,” said Delaporte, speaking from Paris in his first interview since assuming the CEO post. Wipro has named former Capgemini executive Thierry Delaporte as its new Chief Executive Officer and Managing Director, effective July 6th 2020. HCL Technologies Ltd., which displaced Wipro as the third-largest in the industry two years ago, grew 17%. Wipro’s FY 19/20 revenue reached $8.1bn but the company has grown slowly in recent years and been surpassed by the likes of HCL and Infosys. What's another three years amid project delays and Brexit uncertainty? Independent Director. BENGALURU: Wipro CEO designate Thierry Delaporte could be the costliest executive ever to be hired by an Indian IT services provider. Wipro’s Big Bet With New CEO Thierry Delaporte . According to the Bloomberg reports, the recently joined Wipro’s CEO Thierry Delaporte has yet to visit the Indian outsourcer’s Bangalore headquarters once. New Wipro CEO lays out his top 5 priorities. (Its revenue for the year ended in March was $8.1 billion. Abidali Neemuchwala was appointed as Wipro's CEO after T. K. Kurien stepped down in early 2016. HCL Technologies Ltd, which displaced Wipro as the third-largest in the industry two years ago, grew 17%. Wipro’s new CEO Thierry Delaporte plans to rehaul the company’s entire operating structure to focus on large deal wins and building strategic partnerships. Now firms need to deliver innovation and strategic insights with global impact, helping their customers figure out new ways to capitalize on cloud computing, data analytics and artificial intelligence. The business used to be simple, pay-by-the-hour labor arbitrage where Indian firms could substitute their own workers for more highly compensated tech staff in the U.S. and Europe. Delaporte slashed the top ranks of leadership from 25 people to four. Hear from Steve Sibley, VP of Offering Management for IBM Power Systems about how IBM Power Systems can enable hybrid cloud environments that support “build once, deploy anywhere” options. “Thierry has an exceptional leadership track record,” said Rishad Premji, Wipro’s chairman, in a statement. "I will drive an obsession for growth in the organization, obsession for growth, for growing our topline everywhere," Delaporte said on the company's Q1 … Wipro has named its new CEO: 25-year Capgemini veteran Thierry Delaporte will take the big chair as of July 6th. “I am confident you will see a bolder and a more ambitious Wipro as we move ahead,” said Rishad Premji, the company’s chairman. Wipro has named its new CEO: 25-year Capgemini veteran Thierry Delaporte will take the big chair as of July 6th. Wipro’s Share Rise Spawns Millionaires in Indian Town. In the fiscal year ended in March, revenues rose 3.9% in constant currency terms, compared with 9.8% at Infosys Ltd. and 7.1% at Tata Consultancy Services Ltd. -- even though both are far larger. Instead, the 53-year-old has been on a virtual tour from his home in Paris, meeting with managers, workers and customers around the globe. Thierry Delaporte. “We know what we need to do to make it work,” he said, from an office whose walls are adorned with paintings. Wipro had appointed Delaporte as the CEO and MD on July 6, 2020. Delaporte has an interesting time ahead of him. Employees. Delaporte’s predecessor, Abidali Neemuchwala, took over in 2016 with similar ambitions. Wipro's revenues rose by 3.9% in the financial year ending in March as compared to 9.8% of Infosys and 7.1% of TCS. Reportedly, Wipro's revenue for the year ended March 2020 was USD 8.1 billion. Companies are stepping up their spending on technology and the largest outsourcers are reporting a faster-than-expected recovery. #JustIn | Wipro appoints Thierry Delaporte as CEO & Managing Director w.e.f July 6. Abc Large. Synopsis. Mostly, he focused his attention on customers, meeting with 130 over video conference and helping to land new multi-year contracts with clients in the U.S. and Europe. Wipro's growth is the weakest among its peers. Instead, the 53-year-old has been on a virtual tour from his home in Paris, meeting with managers, workers and customers around the globe. Abc Small. Synopsis. The company’s current CEO Abid Neemuchwala announced in January 2020 that he planned to step down due to family commitments and the board commenced a search for his successor. Abc Medium. Delaporte was the COO of the French technology consulting firm, Capgemini, and a … Delaporte will be replacing Abidali Neemuchwala who earlier this year announced that he will be stepping down citing family commitments. He stepped up acquisitions, with more on the way. Wipro's new CEO to draw up to 4.45 million euros annual pay package The new structure was put in place by Wipro’s CEO Theirry Delaporte. In an interview with ET NOW after its second-quarter results, Paris-based Delaporte said he is working on making Wipro a leaner organisation. Save. He hopes to get Wipro back on track after years of tumult and stagnating financials. ®. Share. Wipro has not always matched its rivals’ vigour in recent years, so Delaporte’s experience leading transformation at Capgemini may also have been attractive. Patrick Dupuis. Neemuchwala lived in Dallas, Texas. In January this year, the company had said its CEO and Managing Director Abidali Z Neemuchwala had decided to step down from the company. Bloomberg | Quint is a multiplatform, Indian business and financial news company. Share. Lockdowns forced companies to schlep computers and backup batteries to workers’ homes. Comment. This research paper will explore the new platform and assess its strengths and weaknesses compared to the growing cadre of potential competitors. Print. Dr. Patrick J. Ennis. IBM is well-positioned to help organizations incorporate high-performance solutions for AI into the enterprise landscape. Wipro Shares Achieve Most Amongst Large IT Companies After New CEO Joins Frenchman Thierry Delaporte, appointed because the chief govt of Wipro with impact from July 6, 2020, amid the COVID-19 pandemic, and since then with out entering into companies Bangalore headquarters as soon as, he’s credited for a 70 per cent rally in Wipro’s shares, probably the most among the many Indian … “Though it hasn’t always been the case in the past,” said Delaporte, “we’ll deliver on our forecast.”. Wipro CEO Thierry Delaporte, in an email to employees, on Thursday stressed on organisational changes.There will be a newly-created role of chief growth officer who will play a key role in driving large deals and strengthening relationships with hyper-growth partners besides overseeing marketing, advisor/analyst relationships, sales excellence and sales enablement, Delaporte … Wipro CEO and MD Abidali Z Neemuchwala steps down. Share. Wipro said its COO Bhanumurthy and President Anand Padmanabhan will retire over the next few quarters. In the last few weeks, Wipro has landed orders from European clean energy producers Fortum Oyj and E.On SE. On 6 July 2020, Thierry Delaporte took over from Abidali Neemuchwala as the new CEO of Wipro. He says he has signed more deals in the past five months than in the previous five years -- and plans to keep going. Given a nod for Wipro… new Wipro CEO and MD by an IT... 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