Wipro Limited (NYSE:WIT) is one of the best cheap stocks to buy under $20. On April 24, Wipro Limited (NYSE:WIT) announced a strategic partnership with Kongsberg Digital for the joint deployment of next‑generation AI‑powered Digital Twin solutions for the Energy & Utilities Sector. Kongsberg Digital is a global leader in advanced engineering and industrial digitalization. Management stated that the collaboration combines Wipro Limited’s consulting-led approach and its AI-powered Wipro Intelligence™ solutions with Kongsberg Digital’s Industrial Work Surface solution, allowing the two companies to jointly enable more efficient, reliable, and safer operations across complex asset networks.
Srikumar Rao, Managing Partner and Global Head of Engineering, Wipro Limited, stated that at the core of the collaboration is a shared vision to rethink how industrial intelligence is designed and applied, with the collaboration enabling enterprises to embed autonomy into their operations, allowing them to “anticipate change, navigate complexity, and build resilience at scale”.
Wipro Limited further reported that as part of the agreement, the two companies will advance a joint roadmap to scale AI‑powered digital twin capabilities across Energy & Utilities environments.
Wipro Limited is a global information technology, outsourcing, and consulting company that develops and integrates solutions. Its operations are divided into the following segments: Information Technology Services, India State Run Enterprise Services, and Information Technology Products.
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