Wipro Technologies is an IT service company established in 1980 in India, it is a subsidiary of WiproLimited NYSE: WIT . It is headquartered in Bangalore. It is one of the largest IT services companies inIndia. The current chairman and majority stake owner is Azim Premji. From inception the software andhardware divisions have been headed by him. Azim H. Premji has been Wipro Ltd.'s Chairman of the Boardand Managing Director since September 1968.Mr. Premji holds a Bachelor of Science in Electrical Engineering from Stanford University. Currently, he isalso a Director of Media Lab Asia. Wipro was set up in Amalner in 1945. Primarily an edible oil factory, thechief products were Sunflower Vanaspati and 787 laundry soap (a by-product of the Vanaspati operations).The company was called Western India Vegetable Products Limited, with a minor presence in Maharashtraand Madhya Pradesh.The Global IT Services and Products segment provides IT services to customers in the Americas, Europe,and Japan. The India and AsiaPac IT Services and Products segment operates in the Indian IT market andoffers IT products and services to the companies in India, Asia-Pacific, and the Middle East region.Consumer Care and Lighting segment engages in the manufacture and sale of consumer care and lighting products. The consumer care products include soaps and toiletries, baby products, talcum powders, andhydrogenerated cooking oils. The lighting products include light bulbs, fluorescent tubes, and luminaries. Inthe 1970s and 1980s it began to expand and made forays into computing. The Indian promoters hold morethan 80 percent of the total share capital of the company while the Indian public holds about 7 percent andinstitutional investors hold about 6 percent. Wipro's has clients across a spectrum of industries such asconsumer electronics, finance, Government, insurance, manufacturing, media & entertainment, mobiledevices, Telecom - equipment vendors and service providers, travel & transportation etc. To these clientsthe company offers services such as application development, deployment & maintenance, businessintelligence, business consulting, CRM, data warehousing, enterprise application services and security,industrial automation, space communications, technology consulting, network management, testing services,system design, Web services, wireless networks, software application development and maintenance etc.The company also provides consultancy services like security governance, e-governance etc. WiproLimited, through its subsidiaries, provides IT services worldwide. It offers software solutions, IT consulting, business process outsourcing services, and research and development services in the areas of hardware andsoftware design. The company operates in three segments:
Global IT Services and Products
India and AsiaPac IT Services and Products,
Consumer Care and Lighting.