Wipro to deploy AI platform Holmes to do the job of 3,000 engineers

Bengaluru: Wipro Ltd will use its artificial intelligence platform Holmes to automate several aspects of its so-called fixed-price projects, saving up to 46.5 million and freeing around 3,000 engineers from mundane software maintenance activities. The move is part of Wipro's larger plan to generate 60- 70 million in revenue by selling the platform to new and existing clients in the current financial year. About 30,000 of Wipro's workforce in the delivery side of the business are engaged in fixed-price projects. The company has over 150,000 employees, including 110,000 in delivery. New chief executive officer Abidali Neemuchwala has set an ambitious target for Wipro-- more than tripling its revenue growth to 12-14% for fiscal 2017.