Wipro and Factory Partner to Accelerate Agent-Native Software Development For Enterprises Globally
MWN-AI** Summary
Wipro Limited (NYSE: WIT), a leader in AI-powered technology services, has entered into a strategic partnership with Factory, a pioneering agent-native software development platform. This collaboration aims to streamline and accelerate software development processes for enterprises by utilizing AI agents, referred to as Droids, which can manage various coding tasks throughout the development lifecycle, including feature development, testing, and migrations. The integration of Factory's technology with Wipro's WEGA platform is expected to enhance the Wipro Intelligence™ suite, thereby improving code quality and speeding up innovation cycles for clients across various sectors, such as banking, healthcare, and technology.
Wipro Ventures, the company’s investment arm, has also invested in Factory during its recent funding round, further reinforcing its commitment to supporting cutting-edge AI innovations. The partnership aims to help global enterprises transition from experimental AI applications to full-scale operational use, addressing the growing demand for faster innovation while ensuring quality and security in software development.
Sandhya Arun, Wipro's Chief Technology Officer, emphasized that this partnership reflects a broader trend of enterprises embracing AI to transform their engineering processes. Similarly, Ali Wasti, Managing Partner at Wipro Ventures, noted the importance of Factory's platform in helping enterprises meet the pressure for accelerated innovation amidst strict quality controls.
Factory's CEO, Matan Grinberg, expressed enthusiasm for the partnership, stating that the combination of Wipro’s extensive engineering capabilities and enterprise relationships with Factory's technology would significantly enhance the software delivery performance of organizations. Overall, this collaboration positions both companies as frontrunners in the rapidly evolving landscape of AI-driven software development.
MWN-AI** Analysis
Wipro Limited (NYSE: WIT) recently announced a strategic partnership with Factory, an innovative agent-native software development platform. This collaboration represents a significant pivot in enterprise software development, enabling organizations to leverage AI agents, or "Droids," to streamline coding and enhance efficiency across the software development lifecycle. The integration of Factory’s capabilities into Wipro's existing solutions, particularly the Wipro Intelligence™ suite, signals an essential move towards automating software development at scale while maintaining quality and compliance with existing engineering standards.
Investors should view this partnership as a promising opportunity. By participating in Factory's latest funding round through Wipro Ventures, Wipro is not only strengthening its technological capabilities but also positioning itself as a leader in the rapidly growing AI sector within enterprise software. Given the current market dynamics where businesses prioritize rapid innovation while ensuring software security and quality, Wipro's focus on agent-native development could significantly shorten development cycles and improve the reliability of code output.
Additionally, Wipro's extensive client base across multiple sectors—banking, healthcare, manufacturing, and technology—positions it to capitalize on the growing demand for AI-driven solutions. Investors may anticipate enhanced financial performance as these technologies enable Wipro to offer higher value solutions to its clients and accelerate revenue growth.
However, potential investors should remain cautious. Wipro faces inherent risks such as competition in the IT services sector, fluctuations in economic conditions, and challenges related to client concentration and talent retention. It’s essential to monitor Wipro’s quarterly performance post-implementation of this partnership for a clearer picture of its financial trajectory.
In summary, Wipro's venture with Factory emphasizes its commitment to innovation in AI-driven software, marking a critical step forward in enterprise technology. Such momentum may present a favorable investment opportunity while underlining the need for prudence given the market's uncertainties.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Additionally, Wipro Ventures participated in Factory’s recent funding round
Wipro Limited, (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading AI-powered technology services and consulting company, and Factory, a leading agent-native software development platform and a portfolio company of Wipro Ventures, today announced a strategic partnership to help enterprises operationalize agent-native development across their engineering organizations. Wipro Ventures, the corporate investment arm of Wipro Limited, also announced its participation in Factory’s recent funding round.
Factory enables engineering teams to delegate meaningful portions of software development to AI agents, called Droids, across the development lifecycle. When implemented across an organization, Droids enable feature development, refactors, migrations, testing and more to be completed at a greater efficiency and scale than ever before while preserving existing engineering standards and architectural consistency.
Wipro will integrate Factory’s capabilities into its WEGA agent?native delivery platform to further enhance Wipro Intelligence™ , the unified suite of AI-powered platforms, solutions, and transformative offerings. Factory will be rolled out across tens of thousands of engineers thereby accelerating the creation of production-ready code and helping Wipro shorten innovation cycles, enhance code quality, and unlock greater value for its clients. Wipro will offer Factory-enabled solutions to its clients across key industry sectors including banking and financial services, healthcare, manufacturing, retail, and technology.
“Al is reshaping how software is built across the enterprise with large scale transformation across engineering,” said Sandhya Arun, Chief Technology Officer, Wipro Limited . “Our partnership with Factory reflects a broader shift among global enterprises, from Al experimentation towards production-scale adoption. Together we will help clients modernize faster and accelerate development using safe, production-grade autonomous agents.”
Ali Wasti, Managing Partner, Wipro Ventures , noted, “Enterprises today are under immense pressure to innovate faster while maintaining quality and security. Our investment reinforces Factory’s strength as an enterprise-grade AI platform and Wipro Ventures’ commitment to backing cutting-edge AI platforms that transform enterprise software development.”
“We are excited to partner with Wipro to bring autonomous software development to global enterprises,” said Matan Grinberg, Co?Founder and Chief Executive Officer of Factory . “Wipro’s strong enterprise relationships and engineering capabilities, combined with Factory’s AI?native development platform, create a powerful foundation for organizations looking to significantly improve software delivery performance.”
About Wipro Limited
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading AI-powered technology services and consulting company focused on building innovative solutions that address clients’ most complex digital transformation needs. Leveraging our consulting-led approach and the Wipro Intelligence™ unified suite of AI-powered platforms, solutions and transformative offerings, we help clients realize their boldest ambitions to build intelligent and sustainable businesses. The Wipro Innovation Network – part of the Wipro Intelligence™ suite – underpins our commitment to client-centric co-innovation and co-creation by bringing together capabilities from the innovation labs and partner labs, academia, and global tech communities. With over 230,000 employees and business partners across 65 countries, we deliver on the promise of helping our customers, colleagues, and communities thrive in an ever-changing world. For additional information, visit us at www.wipro.com .
About Wipro Ventures
Wipro Ventures is the corporate investment arm of Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) focused on investing in early to mid-stage enterprise software startups that specialize in AI, Data, Cybersecurity, and Cloud technologies. With assets worth over $500 million under management, Wipro Ventures helps portfolio companies accelerate growth and market expansion while providing Wipro’s customers early access to these innovative technologies. Wipro Ventures, along with the Wipro Intelligence™ unified suite of AI-powered platforms and solutions, underpins Wipro’s commitment to client-centric innovation. For more information, please visit https://www.wipro.com/ventures/ .
About Factory
Factory is pioneering agent-native development, a new way of building software that keeps developers in control of the important high-level details while agents – or Droids – handle the coding. By shifting from autocomplete to delegation, Factory puts the orchestration and management of Droids into the hands of engineers and enables teams to ship faster, improve code quality, and embrace a new philosophy of working with AI. Founded in 2023 and headquartered in San Francisco, Factory is backed by investors including Wipro Ventures, Sequoia Capital, NEA, NVIDIA, J.P. Morgan, Abstract Ventures, Mantis VC, SV Angel, and BoxGroup.
Forward-Looking Statements
The forward-looking statements contained herein represent Wipro’s beliefs regarding future events, many of which are by their nature, inherently uncertain and outside Wipro’s control. Such statements include, but are not limited to, statements regarding Wipro’s growth prospects, its future financial operating results, and its plans, expectations and intentions. Wipro cautions readers that the forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from the results anticipated by such statements. Such risks and uncertainties include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, complete proposed corporate actions, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our business and industry.
Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission, including, but not limited to, Annual Reports on Form 20-F. These filings are available at www.sec.gov . We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260128942304/en/
Media Contacts:
Wipro Media Relations
[email protected]
Factory Media Relations
[email protected]
FAQ**
How does Wipro Limited WIT plan to integrate Factory's Droids into its existing engineering processes to enhance productivity and innovation cycles?
What specific advantages does the partnership between Wipro Limited WIT and Factory offer to clients in sectors like banking and healthcare?
Given Wipro Ventures' investment in Factory, what are the expected synergies that could arise from this collaboration in the AI software development space?
How does Wipro Limited WIT envision the long-term impact of agent-native development on software engineering and enterprise transformation?
**MWN-AI FAQ is based on asking OpenAI questions about Wipro Limited (NYSE: WIT).
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