Wipro sees growth in FY25 driven by AI, GenAI

IT service company Wipro is optimistic about its growth prospects in FY25, driven by increased client investments in areas such as Artificial Intelligence (AI), Generative AI (GenAI) implementation, and digital transformation. This positive outlook comes even as the company faces slowing growth.

In its recent 20-F filings with the US Securities and Exchange Commission, Wipro highlighted, “The IT services industry is expected to accelerate and drive decisions in fiscal year 2025 based on investments made by clients in key areas such as Artificial Intelligence (AI), Generative AI implementation, cost optimisation, operational excellence, digital transformation, vendor consolidation”.