Mega deals dried up at Wipro before team lead's departure

While its 3 large rivals won nine contracts of $1 billion in last 3 years, Wipro bagged none

- Jas Bardia

The departure of Wipro Ltd’s head of large deals Stephanie Trautman was hastened by the inability of the country’s fourth-largest information technology (IT) services firm to win a single mega deal in the last three years, even as three of the larger rivals bagged at least nine contracts valued at more than $1 billion in value.

Between January 2021 and up until last week, Tata Consultancy Services Ltd won five mega contracts, while Infosys Ltd won three, according to publicly available data compiled by Mint. Noida-headquartered HCL Technologies Ltd won one of the largest contracts valued at over $2 billion.

Trautman, who was hired from Accenture Plc to take over as Wipro’s chief growth officer in February 2021, put in her papers on Friday, making 31 December her last day with the firm.

Wipro in a press release stated that the large deals team, comprising at least a dozen executives, will no longer function as a centralized unit, and will now work with industry-focused business units.