10 years of Wipro in the Saudi Arabia

Leading global IT services major, Wipro completed its decade of operations in the Kingdom of Saudi Arabia. The company which began operations in 2001, ranks among the leading IT services players, and enjoys a commanding position in key markets of the region.

Wipro entered the region in partnership with Dal Al Riyadh in Al Khobar, a well diversified group in Saudi Arabia. Wipro strengthened this partnership by forming a joint venture with Dal Al Riyadh, laying the foundation for future growth and success in the region.

The joint venture company, Wipro Arabia Limited, today serves customers across the Kingdom of Saudi Arabia with regional offices in Al Khobar, Riyadh and Jeddah. With over 750 employees servicing the region and 60 plus customers, the company has emerged as a strategic IT partner to some of the biggest names in KSA. Wipro also has a Development Centre in Al Khobar to support customers in Saudi Arabia as well as to nurture and develop local talent.

Speaking on the occasion, Prince Turki Bin Abdullah Bin Abdulrahman, Chairman, Wipro Arabia Ltd said “Wipro has a committed localization policy with almost 38% of employees being Saudi nationals. The company has contributed significantly in terms of building an IT base in the Kingdom catering to requirements across Saudi Arabia.”
“Azim Premji said “We are very pleased with where we are after the first decade of our operations in KSA. Given the scope of our engagements, we are looking to increase employment opportunities for both men and women in the region, in the years to come. Localization is a key driver of our growth strategy.”

The region is seeing investments in Public Sector, Oil and Gas, Banking and Telecom. The government sector is also propelling growth with investments in Education and Healthcare. Among Wipro’s prestigious clients are Saudi Arabian Airlines where the company has signed a 5 years transformational deal to build IT Infrastructure including Data Centers and manage the entire IT infrastructure, end to end.

Anand Sankaran, Senior Vice President and Business Head, India, Middle East and Africa, Wipro said, “The Kingdom of Saudi Arabia has proved to be the growth engine for Wipro among emerging markets. In the last four years, our revenue from KSA has grown at a Compounded Annual Growth Rate (CAGR) of 86.5%, and we expect the momentum to continue.”

For King Abdullah University of Science and Technology (KAUST), the company has implemented a turnkey ERP-Student Life Cycle Management solution. Yet another prestigious engagement is with Atheeb Telecom where Wipro has entered into a five year partnership for deploying an end-to-end IT solution covering OSS/ BSS and underlying infrastructure components.