Wipro, a leading global information technology, consulting and business process services company, announced a collaboration with Red Hat, the world's leading provider of open source solutions, to set up a cloud application factory designed to offer developers and IT teams a repeatable and rapid methodology for application modernization across public, private, and hybrid clouds.

Wipro's cloud application factory will have a dedicated services team that can help drive the strategy, design, and delivery of next generation applications globally, using Red Hat OpenShift Container Platform, Red Hat’s award-winning container application platform.

Enterprises often not just need to support legacy applications in a cost efficient manner, but also increasingly need to quickly develop new cloud-based applications that enable innovation and can drive business process transformation. Red Hat and Wipro recognize this challenge and have built a joint offering designed to address both requirements.

The Red Hat OpenShift Container Platform is the industry's most comprehensive platform for cloud-native application development. As a flexible development platform, OpenShift spans across legacy and cloud environments so that customers can develop cloud-native applications without having to rewrite their legacy applications. Traditional applications can coexist alongside new, cloud-native and container-based applications.

In collaboration with Red Hat, Wipro provides dedicated IT consulting and services teams to help customers with application life cycle management, via specific roadmaps, frameworks, and best practices. From the initial discovery phase, to the strategy and design phase, and ultimately when customers are ready to build a production environment, Wipro and Red Hat teams will provide a scalable factory approach to developing next generation applications.

Shares of the company gained Rs 0.35, or 0.14%, to trade at Rs 255.00. The total volume of shares traded was 0 at the BSE (9.06 a.m., Friday).