Alight Solutions | Pixr8 News

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading information technology, consulting and business process services company, today announced that it has won a 10-year engagement to provide a comprehensive suite of solutions and services to Lincolnshire, Illinois-based Alight Solutions LLC, a leader in technology-enabled health, wealth, HR and finance solutions. This deal will result in revenues of USD $1.5 to $1.6 billion for Wipro over the tenure. This is Wipro’s largest win to date. This engagement will enable the digital transformation of Alight’s offerings across health, wealth, HR and finance solutions, and enhance the employee experience of Alight’s clients by leveraging Wipro’s industry-leading strengths in digital technologies, cognitive automation and data analyti...

One of the leading information technology (IT) companies Wipro has reportedly won an outsourcing contract worth $1 billion from Alight Solutions. Bengaluru-based Wipro purchased Alight Solutions’ IT business for $117 million on Friday, and is in the advanced stages of negotiating the agreement that will possibly expand over seven years and $140 million in annual revenue per year. According to the sources, it has been stated that the following deal seeks to fetch $70 million to Wipro along with the additional revenue this year. However, Wipro has not included growth from this deal in the 2.7% currency forecast for the current quarter. The report also mentioned that the company might reveal the contract in the September quarter results. Wipro is an integrated corporation that provid...

Tag: Alight Solutions

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