Wipro Limited has announced a strategic go-to-market partnership with vFunction, alongside a Series A investment through Wipro Ventures, to strengthen its cloud modernization capabilities. The move is aimed at enhancing Wipro FullStride Cloud Services and helping enterprises modernize legacy Java applications for cloud-native environments.
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Strategic Partnership to Strengthen Cloud Modernization
Announced on February 22, 2022, from Palo Alto, New York, and Bengaluru, the partnership brings together Wipro’s global digital transformation expertise with vFunction’s specialized platform for modernizing complex monolithic Java applications.
Through this collaboration, Wipro aims to simplify and accelerate enterprise cloud adoption by enabling customers to transition legacy systems into scalable, cloud-native microservices architectures with reduced risk, time, and cost.
Investment Through Wipro Ventures
As part of the partnership, Wipro Ventures, the company’s corporate investment arm, has invested in vFunction’s Series A funding round. The investment is designed to deepen the strategic relationship and jointly deliver next-generation cloud modernization solutions to global clients.
Wipro has also reaffirmed its long-term commitment to cloud innovation, with plans to invest over USD 1 billion to expand the capabilities of Wipro FullStride Cloud Services.
Enhancing FullStride Cloud Services
The combined offering integrates:
- Wipro FullStride Cloud Services’ consulting, engineering, and transformation capabilities
- vFunction’s automation-driven platform for decomposing monolithic Java applications into microservices
This approach allows enterprises to modernize business-critical applications without extensive manual re-engineering, enabling faster cloud migration and improved engineering productivity across industries.
Leadership Perspectives
Ramachandran Padmanabhan, Vice President, Wipro FullStride Cloud Services, highlighted that the partnership strengthens Wipro’s cloud ecosystem and expands client capabilities in a critical modernization segment.
Moti Rafalin, CEO and Co-founder of vFunction, stated that the collaboration will help organizations accelerate their journey toward cloud-native architecture and gain competitive advantage in an increasingly cloud-driven market.
About Wipro Limited
Wipro Limited (NYSE: WIT) is a global leader in IT services, consulting, and business process solutions. With more than 220,000 employees across six continents, Wipro leverages technologies such as cloud, automation, analytics, and AI to help organizations adapt and succeed in a rapidly evolving digital world.
About vFunction
vFunction is a cloud-native modernization platform that automatically transforms complex monolithic Java applications into microservices. Headquartered in Palo Alto, California, with offices in Israel, vFunction enables enterprises to modernize at scale while reducing operational risk and cost.
Forward-Looking Statement Disclaimer
This article contains forward-looking statements based on Wipro’s current expectations and assumptions. Actual results may differ materially due to risks and uncertainties, including market conditions, competition, regulatory changes, and other factors detailed in Wipro’s filings with the U.S. Securities and Exchange Commission. Wipro undertakes no obligation to update forward-looking statements.
Disclaimer
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