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Home Investment

Investment: Wipro acquires Georgia’s CAS Group for ambitious growth agenda

Fiinews by Fiinews
April 13, 2022
in Investment, Markets
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Anis Chenchah appointed CEO of APMEA markets

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), executing its ambitious growth agenda, has acquired Convergence Acceleration Solutions, LLC (CAS Group), a Georgia-based consulting and program management company that specializes in driving large-scale business and technology transformation for Fortune 100 communications service providers.

Wipro has also appointed Anis Chenchah as member of the Wipro Executive Board and Chief Executive Officer, for Asia Pacific, India, the Middle East and Africa.

“As we continue to execute on our ambitious growth agenda, we are thrilled to welcome CAS Group as the latest addition to the Wipro family and look forward to bringing our full strength to clients,” said Philippe Dintrans, Senior Vice President & Global Head, Domain & Consulting, Wipro Limited.

“CAS Group brings to Wipro a uniquely complementary set of capabilities. Their long-standing strategic partnerships with some of the largest communications service providers, combined with deep expertise in large scale transformation projects, will allow us to achieve a significant competitive advantage in this high-growth sector,” he said on 11 Apr 2022.

CAS Group, founded in 2007 in the United States, delivers strategic transformation programs to clients across 17 centers of service including mobile/wireless, business and fiber-optic services, as well as cable, data and telecom retail solutions. CAS Group’s expansive range of services include operational support system (OSS) and business support system (BSS) transformation, application modernization, broadband infrastructure services, and telco network enablement of digital products, such as 5G, Internet of Things (IoT) and Network as a Service.

“Communications service providers in North America are at the cusp of significant transformation driven by new connectivity technologies, solutions and differentiated business models,” said Malay Joshi, Senior Vice President and Sector Head for Communications, Media & Information Services at Wipro.

“CAS Group aligns very well with Wipro’s strategic priorities of strengthening our client partnerships by providing differentiated business solutions with talent at scale in the markets we serve.

“Combined with Wipro’s deep engineering prowess and extensive capabilities in Cloud, IoT, 5G commercialization, as well as our comprehensive digital business offerings, the very thing from customer experience and digital design to security and compliance, the addition of CAS Group to Wipro family will bring clients end-to-end global technology, consulting and business transformation capabilities.”

John McAleer, Chief Executive Officer, CAS Group, added, “As we embark on the next phase of our growth journey, we are excited to bring our clients a broader set of solutions that will empower them to realize their transformation goals.

“We are extremely proud of our team and thankful to our clients who made our remarkable success possible. Joining Wipro will allow us to deliver our unique and specialized set of capabilities at a global scale, bringing more value, more insights and the strength of one of the world’s largest technology services companies to our clients and employees.”

CAS is an independent consulting firm offering strategic business and technology advisory services for the telecommunications industry and their partners. We have 138 consultants with deep expertise and real-world experience with a 14-year track record of proven results with some of the largest telecommunication companies in North America.

Meanwhile, Anis Chenchah joins Wipro with responsibilities for major markets backed by his over two decades of experience in Consulting, IT and Business Process Services. He joins from Capgemini where he was the Global CEO of Capgemini Business Services and member of the Group Executive Committee. Prior to that, Anis held various leadership roles in Capgemini Financial Services across Europe and the Middle East.

“I warmly welcome Anis to Wipro. His appointment is a bold indication of our ambition for exponential growth and leadership in APMEA as we tap into its promising future. With his successful track record of driving high growth in diverse contexts, managing complex transformations and building high-performance teams, Anis is well-positioned to accelerate our success in this strategic market,” said Thierry Delaporte, CEO & Managing Director, Wipro.

“I admire Wipro’s purpose and its extraordinary commitment to social good and am impressed by the effectiveness of its transformation over the past 2 years. It is a privilege to lead Wipro’s business in a region that I am deeply passionate about, and to partner with our clients as they accelerate their business and digital transformation,” Chenchah said on 11 Apr 2022.

Wipro has a strong presence and experience across the various regions that comprise APMEA. “This market unit plays a strategic role as the ‘growth-engine’ of the organization, especially with the increasing demand from our customers for comprehensive modernization and digital transformation solutions, deep domain expertise and innovation at scale,” Wipro said.

“In line with our growth ambitions, we continue to invest in localization and building diverse talent, while strengthening our ecosystem partnerships and knowledge of regional demands to meet our clients’ expectations.” fiinews.com

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