ServiceNow IncExpanded partnership with Wipro integrates ServiceNow's AI platform, potentially increasing adoption and demand for its services.

Wipro Limited has gained more than 16% over the past 30 days, driven by its INR 15,000 crore share buyback program and an expanded partnership with ServiceNow. The deal integrates Wipro's Intelligence platform with ServiceNow's AI platform to help enterprise clients automate workflows across IT, human resources, procurement, and cybersecurity. The collaboration aims to help businesses scale AI adoption and improve operational efficiency, though it comes as Indian IT firms face potential disruption from rapid AI advancements. Wipro trades at a price-to-earnings ratio of 14.7, a discount to the sector average of 24.9.
ServiceNow IncExpanded partnership with Wipro integrates ServiceNow's AI platform, potentially increasing adoption and demand for its services.
Wipro Limited ADR