Wipro eyes acquisitions in health space
P P Thimmaya: Bangalore, Feb 21 2013, 02:26 IST
is driven largely by large scale reforms in the healthcare segment being undertaken by the US government and the focus of global pharmaceutical companies for having stronger presence in the emerging economies. In the US alone, there are an estimated 32 million people who would come under the insurance fold. Wipro primarily focuses on three segments in the sector: healthcare which includes hospitals and other allied units, pharmaceutical corporations and medical devices companies.
According to Singh, the US healthcare market has provided them with numerous opportunities as this segment has largely remained untouched by technology and now they are in aggressive pursuit of reducing their costs and increasing efficiencies. Wipro’s healthcare vertical is already engaged with one of the states in the US as the fiscal agent for processing all claims related to this segment.
In the current scenario, Singh said, they are able to provide a host of IT-related activity like infrastructure, managed services, data management, cloud solutions and analytics.
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