Wipro Launched Continuous Compliance Solution Built On Amazon Security Lake
Portfolio Pulse from Charles Gross
Wipro Limited announced the launch of its Continuous Compliance Solution built on Amazon Security Lake, in collaboration with Amazon Web Services (AWS). This solution helps enterprises meet compliance requirements by providing ongoing visibility into compliance posture and governance of business applications, across various environments including AWS, SaaS, on-premises, and other cloud sources.
November 28, 2023 | 11:09 am
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POSITIVE IMPACT
Amazon's collaboration with Wipro on the Continuous Compliance Solution built on Amazon Security Lake may reinforce AWS's position as a comprehensive cloud service provider and could lead to increased usage of AWS services.
Amazon's AWS is already a dominant player in the cloud services market. Collaborations that lead to the development of specialized solutions like the Continuous Compliance Solution can further entrench AWS's market position and drive additional revenue through increased service usage.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Wipro's launch of a new compliance solution on Amazon Security Lake could enhance its product offerings and potentially attract new customers seeking advanced compliance capabilities.
The launch of a new product typically has a positive impact on a company's stock as it may lead to increased sales and market share. Wipro's solution addresses a critical need for compliance in the cloud, which is a growing concern for many enterprises.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80