Wipro Secures Multi-Year Deal to Transform HanesBrands' IT with AI-First Approach

Wipro Limited (NYSE:WIT) is one of the best stocks under $3 to invest in. On October 29, Wipro Limited announced that it signed a multi-year strategic agreement with Hanesbrands Inc. (NYSE:HBI). This engagement transforms HanesBrands’ IT infrastructure and cybersecurity operations through an AI-first approach.

The agreement is a key component of HanesBrands’ strategic IT 2.0 transformation initiative, which is shifting the company toward a unified, AI-led managed services model. Wipro will use its Wipro Intelligence WINGS Operations AI platform, which is a part of the unified Wipro Intelligence suite of AI-powered platforms.

Wipro will further strengthen HanesBrands’ security posture by enabling AI-powered predictive and preventive operations and the automation of security workflows to reduce incident resolution times. The focus will also be on helping HanesBrands manage regulatory compliance and minimize business disruption through greater operational stability.

Wipro Limited (NYSE:WIT) operates as an IT, consulting, and business process services company worldwide that operates through IT Services and IT Products segments.

Hanesbrands Inc. (NYSE:HBI) designs, manufactures, sources, and sells a range of innerwear apparel for men, women, and children in the Americas, Europe, the Asia Pacific, and internationally.

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Disclosure: None. This article is originally published at Insider Monkey.