Wipro BPO has said it is witnessing activities from the emerging markets like continental Europe, Canada and Australia. The firm is also experiencing its banking financial services and insurance (BFSI) clients coming back.
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Wipro is in discussions with clients in the healthcare, energy and BFSI sectors for various deals that could size between $50-100 million. However, we see increased activities in emerging markets like Brazil, India and China
Wipro BPO added almost 10% of Wipro's total revenues of Rs 6,274 crore in the first quarter. According to Vaidya, the BPO business is expected to add similar growth levels in the coming quarters. "BPO is largely a transaction-based business. Earlier, clients were outsourcing 100 transactions out of 1,000. Now, they want to look at 300 transactions. There is increased activities also in areas of procurement, marketing, sales management and collections.
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