International Business Machines Corporation vs Wipro Limited: Examining Key Revenue Metrics

IBM vs Wipro: A Decade of Revenue Dynamics

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Unlocking the unknown

A Tale of Two Giants: IBM and Wipro's Revenue Journey

In the ever-evolving landscape of global technology, International Business Machines Corporation (IBM) and Wipro Limited stand as titans. Over the past decade, these companies have navigated the turbulent waters of the tech industry, showcasing resilience and adaptability. From 2014 to 2024, IBM's revenue has seen a decline of approximately 32%, dropping from $92.8 billion to $62.8 billion. This trend reflects the challenges faced by traditional tech giants in adapting to new market demands.

Conversely, Wipro has experienced a remarkable growth trajectory, with its revenue surging by nearly 91% from $469.5 billion to $897.6 billion. This growth underscores Wipro's strategic pivot towards digital transformation and global expansion. As we delve into these figures, it becomes evident that while IBM is recalibrating its strategies, Wipro is capitalizing on emerging opportunities, setting a benchmark for innovation and growth in the tech sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025