Wipro has launched a new practice with plans of developing open source software.

This practice will help its customers build Open Source-based platforms that enable online services on a higher scale, platforms that process big data and other kinds of services at beneficial price points, according to officials.

Further, Wipro will focus on software applications, IT infrastructure, Internet of Things (IoT), hardware and testing, company officials added. In the product engineering space, reusable or licensable IP blocks that can help shrink product development timelines for the consumer, automotive and networking market segments, said Bhanumurthy BM, Chief Executive, Application Services & Strategic Alliances, Wipro.

The adoption of open source-based technologies is a part of TK Kurien's strategy to get growth back on track with better margins, which he had outlined at the last quarter results. The company also said that it will make 'significant investments' but did not disclose the investment amount.

Industry watchers believe that the pace of adoption of open source software and methodologies led by advancements in analytics, cloud computing and the emerging Internet of Things (IoT) has been on the rise in the last few years as enterprises globally have been looking at software that can be used across different devices.

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