Wipro Unveils TelcoAI360: A Game-Changer for Telecom Companies

Wipro has introduced a new service called TelcoAI360 that helps telecom companies use technology better. This smart platform is designed to help these companies work faster, save money, and provide a better experience for their customers.

TelcoAI360 was created with the help of Wipro’s partners and uses tools from ServiceNow, which is known for its solutions in the telecom industry. It helps these companies improve how they run their networks, increase performance, and keep customer data safe.

This platform allows telecom service providers to lower their costs by simplifying their tasks, automating their processes, and using their resources more effectively. It also helps them launch new products and services faster—meaning they can make more money.

Recognizing that each telecom company has unique needs, TelcoAI360 is designed to be flexible, allowing each business to customize and use the parts that are right for them.

The platform includes several features:
– It connects different telecom technologies to work well together.
– It offers smart automation and real-time monitoring to keep networks reliable and reduce service problems.
– It has advanced security features that can find threats and prevent fraud.
– It provides customizable customer portals and standard APIs for better compatibility.
– It supports multi-cloud use so telecom companies can grow their services as needed.
– It also helps manage the entire life cycle of telecom products—from planning to launching and even retiring them.

In Wipro’s recent performance report, the company shared a solid profit growth of 24% with a net profit reaching Rs 3,354 crore for the quarter ending December 31, 2024. Their earnings from operations only slightly increased by 0.5% to Rs 22,319 crore.

Despite flat revenue growth, Wipro’s operating cash flow improved, indicating good financial health. Analysts expect Wipro shares to rise slightly, with an average target price of Rs 293, suggesting a 3% potential upside. Most experts recommend holding onto the stock.