Wipro & Cognizant Win $2B Multi-Year Cloud & AI Digital Modernisation Deals
North American financial conglomerate signs five-year contract for autonomous core banking infrastructure upgrades.
Indian IT majors Wipro and Cognizant announced major multi-year digital transformation partnerships valued at over $2 billion with leading North American and European financial conglomerates.
The five-year engagements involve migrating legacy on-premise mainframe infrastructure to sovereign hybrid cloud architectures and embedding autonomous generative AI agents across commercial credit underwriting workflows.
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These contract wins demonstrate the enduring global relevance and technological maturity of Indian IT services vendors.
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