Wipro Gains 1% as it Launches Continuous Compliance Solution with AWS

29 Nov 2023 , 12:58 PM

Wipro’s shares gained 1% in morning trade on November 29, reaching Rs 400.75 on the NSE. Collaboration with AWS leads to the launch of a continuous compliance solution using Amazon Security Lake.

Amazon Security Lake consolidates security data from various sources, automatically creating a specialized data lake. Wipro’s solution aims to equip enterprises with advanced capabilities for compliance requirements.

It helps businesses stay compliant in a changing regulatory environment, providing continuous insight throughout the cloud migration process. Wipro collaborates with Stockholm Exergi AB to build IT infrastructure for climate transformation targets.

The project modernizes and manages both IT and Operational Technology (OT) application environments. The goal is to provide a more agile IT infrastructure and operational framework.

Despite a volatile year, Wipro’s stock has risen approximately 1% compared to Nifty 50’s over 9% increase.

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