Wipro CEO Thierry Delaporte: Company Cutting Client Base

Wipro CEO Thierry Delaporte has announced the tech giant’s plans to expand the company in times to come. As a part of their game plan, he has revealed in an interview with the Economic Times that they will be concentrating their resources and attention on ventures that have yielded results by cutting down their client base. “We have a certain number of clients– 1,450 or 1,500. We have a plan to reduce the number of clients and cut the longtail and those clients that are very small and will never grow beyond a certain point,” he said.

“We do not want to invest closer to those too small ones with no real potential. We reduced (the number of) clients by around 100. But we have added six more customers in the $20 million plus range and two more customers in the $100 million plus range. Strategically, we are pivoting our business to doing more value-added work to more strategic customers,” Wipro CEO Thierry Delaporte said. He has also noted that this reduction will be made over a period of time and in a strategic manner.