Infotech Lead Asia: Wipro is planning to increase headcount in the Nordic region by 500 over the next three years.
As part of the company’s expansion in the region, Wipro also appointed Carl-Henrik Hallstrom as regional head for the region, effective July 1, 2013.
Hallstrom joins from KPMG, Sweden, where he held the position of Head of Sourcing Advisory, Nordics. He has nearly 20 years of experience in the IT and BPO outsourcing industry. Prior to KPMG, he held management positions in the Swedish IT industry in companies including Fujitsu Services, Daltek (publ) and Tandberg.
Nordics is a strategic market for Wipro, in addition to Asia Pacific, Germany, France, South Africa, Latam Countries as growth markets. Carl-Henrik will be based in Stockholm, Sweden and report to Rajat Mathur, chief sales and operations officer, Growth Markets, Wipro.
Wipro currently focus on key verticals such as Telecom, Manufacturing, and Energy & Utilities that have a strong presence in the Nordic region. The company is also adopting a customer centric go-to-market strategy to maximize customer value and deliver execution excellence.
Wipro has added 2,907 IT and BPO jobs in the fourth quarter of FY 2013. The company’s headcount in Q4 FY 2013 stood at 145,812 against 142,905 in Q3 FY 2013.
Attrition in BPO business reduced to 13.3 percent in the fourth quarter from 14.2 percent in the third quarter.
Wipro’s resource addition at 1,469 resources in the first quarter of 2013 was the lowest in the last 12 months. In the previous three quarters, Wipro had added more than 2,000 employees.
Wipro said its total revenues rose 12 percent to $2.02 billion in Q4 2012-2013. Revenues for IT services business increased 13 percent $1.76 billion.
Wipro’s total revenue in FY 2013 increased 16 percent to $7.95 billion. Revenues for IT business rose 17 percent to $6.91 billion.