On 6 September 2022, the company announced an expanded collaboration with Palo Alto Networks to deliver managed security and network transformation solutions like SASE (Secure Access Service Edge). These cloud security and next-generation SOC (Security Operations Center) solutions are based on Zero Trust principles for global enterprises.

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“Wipro services and offerings, bolstered by Palo Alto Networks Next-Generation Security Platform, will help protect critical data assets by offering comprehensive and-easy to-manage security solutions,” the company said in a statement. “While enterprises are adopting and transforming their WAN estate to software-defined fabric (SDWAN), Wipro’s WANFreedoma consulting-led lifecycle service offering integrated with Palo Alto Networks technology & platform helps customers in their journey towards SASE architecture and mature towards secure digital infrastructure and be future ready. We’re accelerating our work with Palo Alto Networks to deliver valuable business outcomes that help our joint customers secure their digital businesses,” said Jo Decker, Senior Vice President and Global Head of Cloud and Infrastructure Services, Wipro.

The company’s net profit on a consolidated basis slips down by 16.96 per cent to Rs 2,563.6 crore. Revenue from the company’s operation rose by 3.21 per cent to Rs 21,528.6 crore in the first quarter of FY23 over the first quarter of FY22. Yesterday, the shares of Wipro fell by 0.26 per cent to Rs 404.55 on BSE.