Wipro

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Applying Thought http://www.wipro.com/ IT services, IT consulting Rs 82761.81 cr Wipro Consumer Care & Lighting Wipro Infrastructure Engineering Wipro GE Medical Systems Limited Wipro Technology Services Limited 1980 1980 Bangalore, India A worldwide presence with global centers across 54 countries across 5 continents(India, America, Europe, Asia Pacific and the Middle East) 138,552 Employees US$ 7.30 billion (2012) Azim H. Premji - Chairman T.K Kurien - CEO, IT Business and Executive Director Suresh C Senapaty - Executive Director & Chief Finance Officer Infosys ,TCS,IBM ,Cognizant, Mahindra Satyam

Established In India Since Domicile Operations in Countries

Employee Strength Turnover Key People

Competitors

Company Profile
1. History Wipro started as a vegetable oil company in 1947 from an old mill founded by Azim Premji's father. In 1977, when IBM was asked to leave India, Wipro entered the information technology sector. In 1979, Wipro began developing its own computers In 1980 Wipro moved in to software development and started developing customized software packages for their hardware customers. In 1981, started selling the finished product. Since 1992 Wipro began to grow its roots off shore in United States. By 2000 Wipro Ltd ADRs were listed on the New York Stock Exchange

2. Mission & Vision of the company : Intensity to win: Make customers successful. Team, Innovate, Excel. Act with Sensitivity: Respect for the Individual. Thoughtful and responsible. Unyielding Integrity : Delivering on commitments. Honesty and Fairness in action. 3. Value Statement :
The Spirit of Wipro is the core of Wipro. The Spirit is rooted in current reality, but it also represents what Wipro aspires to be thus making it future active. The Spirit is an indivisible synthesis of all three statements. It means manifesting Intensity to Win, acting with sensitivity and being unyielding on integrity all the time.

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4. Operations Business Model Much of Wipros revenues come from its IT services division. Wipro consulting was started in 2003 as an extension of its services for its clients. Wipro realized that there is a lot of unlocked value in the consulting business and hence decided to set up a separate consulting division. A large majority of Wipros consulting business makes use of its strengths as an IT solutions provider to implement better solutions for its clients. The business model followed is basically an offshoring model, as is prevalent in the Indian IT industry. Key services : Service provider in following areas Analytics & Information Management Business Process Outsourcing Consulting Services Product Engineering Services Mobility Business Application Services Cloud Services Eco Energy Infrastructure Management Service Industries Catered to (not exhaustive): Aerospace Banking Automotive Communication Service Providers Energy 5. Revenue : IT Services (76% of Total Revenue and 93% of Operating Income for the year ended March 31, 2012) IT Products (10% of Total Revenue and 3% of Operating Income for the year ended March 31, 2012) Consumer Care and Lighting (9% of Total Revenue and 6% of Operating Income for the year ended March 31, 2012) 6. Financials : (2012 -13 Q1 results) Wipro Records 18% YoY Growth in Net Income in the quarter Total Revenues were $1.92 billion, an increase of 24% YoY. Net Income was $284 million, an increase of 18% YoY . Non-GAAP Adjusted Net Income was $283 million), an increase of 19% YoY. Non-GAAP constant currency IT Services Revenue in dollar terms was $1,540 million, within our guidance range of $1,520 million to $1,550 million. IT Services Revenue in dollar terms was impacted by $25 million of cross currency impact and was $1,515 million, a YoY increase of 8%. IT Services Revenues in Rupee terms was $1,496 million, an increase of 30% YoY.IT Services Earnings Before Interest and Tax (EBIT) was $314 million, an increase of 24% YoY. Operating Income to Revenue for IT Services was 21% for the quarter.

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7. Divisions: Vertical Products/Services Offered Software Application Development, Application Maintenance, Research and development services for hardware. Data Center Outsourcing , Business Process Outsourcing
Personal desktop Computers, Wipro servers ,Wipro notebooks Personal care products, baby care products, lighting products and hydrogenated cooking oils (Santoor, Chandrika)

Competitors

IT Services

TCS,Cognizant,Infosys,IBM,Mahindra Satyam

IT Products

Apple,Dell,Lenovo,Toshiba

Consumer Care & Lighting

HUL,P&G

8. Services offered : Strategic cost reduction: Strategic sourcing, supply chain process consulting, procurement technology enablement, low cost country sourcing. Business transformation: Business process improvement through Six Sigma, Lean, Triz, TOC and Integrated Quality Management System through ISO, CMMi, PCMM advisory and implementation. Security governance: Advisory and assurance, identity management, technical risk assessment, compliance to standards. Strategy: Enterprise architecture and IT strategy, technology selection and optimisation, IT governance through ITIL, COBIT, ISO 20000, shared services advisory and roll out. Governance: Capacity planning, e-governance strategy and roadmap, electronic government procurement system Awards and accolades Wipro was ranked #1 in the annual ranking of product design service providers by Zinnov Management Consulting, a leading Globalization and Market Expansion Advisory firm. This is the third year in succession that Wipro has won this distinction for its engineering R&D and product engineering services. Wipro has been named as one of the best outsourcing service providers in the Global Outsourcing 100 ranking published in 2012 by the International Association of Outsourcing Professionals (IAOP). Wipro was ranked 7th, up from 9th place in 2011.Wipro BPO was recognized by Gartner, Inc. in the Leaders quadrant in the report, "Magic Quadrant for Finance and Accounting (F&A) BPO, Global," authored by Cathy Tornbohm and published on May 30, 2012. Gartner positioned Wipro in the leaders quadrant based on the evaluation criteria of ability to execute and completeness of vision. The Magic Quadrant evaluated vendor capabilities in the Comprehensive Finance and Accounting business process outsourcing market among 18 providers. Wipro Infotech was ranked No.1 in the overall Network Integration market share in India for 2011-12 in the Voice & Data 100, which is the most comprehensive and reliable annual

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survey on the Indian telecom and networking industry, that showcases market share, market size, major players, global trends, market forecast and deployment trends. 9. Recent and latest News .
Wipro sets up 2,000-seater delivery center in Vishakhapatnam.

IT firm Wipro join hands with Google to offer cloud computing solutions. Wipro Partners with UMass Boston to Launch Fellowship Program on Science Education for US School Teachers Wipro partners with University of Massachusetts to launch fellowship program for US school teachers More Links can be found at http://www.wipro.com/newsroom/wipro-in-the-news.aspx

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