Wipro would set up a strategic delivery center in South Africa and create opportunities in the region for around 1000 skilled professionals in the next 3 years because it is a highly potential market, said a release. South Africa's IT spending is projected to increase from US $10.7bn in 2011 to about US $17.4bn in 2015. The largest industries contributing to South Africa's GDP include financial services, business services and manufacturing.
Wipro currently has an office in Johannesburg, South Africa and has around over 500 people onsite and offsite servicing its clients in the region. The company sees this region as a high potential market for growth and will help diversify its presence and portfolio, especially in the financial and telecommunications sector.
Manoj Punja, senior VP and head — Focus Markets and Global Sales Operations, Wipro said, “South Africa's IT end-user spending, as a portion of real gross domestic product (GDP), will reach 8.6% in 2013. This positions the country at the upper-middle level of IT spender nations within emerging markets. Factors like the time zone advantage, language, cultural compatibility and skill access makes South Africa a favorable destination for the growth of business process outsourcing and IT services.”