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Wipro
Wipro
INTRODUCTION
Today Wipro Ltd. is one of the most successful Technological Companies in India and
around the world. Wipro an Indian based company was founded as a peanut oil company
with name of Western Indian Vegetable Products in 1945 by M.H. Premji and later was
renamed "Wipro Ltd." by his son Azim H. Premji.
When Wipro Ltd was first created by M.H. Premji; no one ever thought it would become
one of the leaders in Information Technology. While M. H. Premji lived, the company was
global, with about 350 employees, in and around Bombay, with $3 million in revenues.
The company was already traded when M.H. Premji its founder had passed the way. Many
shareholders did not believe on the new leader of the company, Azim Premji because of
his age. Stockholders demanded to sell the company because of the stock's lousy
performance.
A. Premji diversified, first into soaps and beauty products and then venturing even further
with manufacturing hydraulic components for construction equipment. The question is
how did Wipro entered the Technology world if it was founded as an oil company and then
into soaps and beauty products. The new Indian government rules passed in the late 1970's
requiring foreign companies to run through Indian-owned affiliates gave Wipro an
opportunity to get involved in technology after IBM took its operations and went out of
India. Wipro didnt know anything about computers neither Premji nor his lieutenants but
this was not an impediment to make them.
At a 4,000-square-foot office in Bangalore Wipro created its first minicomputer that would
sell for far less than an IBM mainframe but do similar work. With in a year Wipro got into
the PC business and quickly became the leading computer company in India. With its ups
and downs, today Wipro Ltd. provides software programming, engineering design, and
back-office services for more than 500 of the world's largest corporations.
By employing young technology graduates willing to work almost 80% lower than those
West. Wipro Ltd. and General Electric Co. set up a joint venture, making this Wipro's big
breakthrough. The company now has over421 customers across the USA, Europe and
Japan with clients such as IBM, Sony, etc. It is listed at the New York Stock Exchange and
is part of its TMT (technology media telecom) index testing. Wipro has developed centers
and offices across India, North America, Latin America, Asian Pacific and Europe. Wipros
80% profits come from software exports. The company market capitalization has jumped
from $67 million in 1990 to $4.1 billion, making it Indias third largest company by that
measure.
HISTORY
Wipro Ltd., the flagship company of the Azim H Premji group was
incorporated in the year 1945. The company started off originally as a
manufacturer of vegetable ghee/vanaspati, refined edible oils etc. Gradually
the company has diversified into various other businesses.
Today Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5
certified IT Services Company globally. Wipro provides comprehensive IT
solutions and services, including systems integration, Information Systems
outsourcing, package implementation, software application development and
maintenance, and research and development services to corporations globally.
In the Indian market, Wipro is a leader in providing IT solutions and services
for the corporate segment in India offering system integration, network
integration, software solutions and IT services. Wipro also has profitable
presence in niche market segments of consumer products and lighting. In the
Asia Pacific and Middle East markets, Wipro provides IT solutions and
services for global corporations.
Wipro's ADSs are listed on the New York Stock Exchange, and its equity
shares are listed in India on the Stock Exchange Mumbai, and the National
Stock Exchange, among others.
Wipro is the leading strategic IT partner for companies across India, the
Middle East and AsiaPacific offering integrated IT solutions. They plan,
deploy, sustain and maintain your IT lifecycle through their total outsourcing,
consulting services, business solutions and professional services. Wipro
InfoTech helps you drive momentum in your organisation no matter what
domain you are in.
Backed by their strong quality processes and rich experience managing global
clients across various business verticals, they align IT strategies to your
business goals. Along with their best of breed technology partners, Wipro
InfoTech also helps you with your hardware and IT infrastructure needs.
The various accreditations that they have achieved for every service they
offer reflect their commitment towards quality assurance. Wipro InfoTech
was the first global software company to achieve Level 5 SEICMM, the
world's first IT Company to achieve Six Sigma, as well as the world's first
company to attain Level 5 PCMM.
Their continuing success in executing projects is a result of their stringent
implementation of quality processes. Deploying quality frameworks to align
with your business will give you the benefit of a smooth and transparent
transition while providing complete IT lifecycle management. Reliability and
perfection are a result of their adherence to these quality benchmarks and this
has been their key differentiator, while helping drive the business momentum.
The companys experience and expertise are measured against globally
recognized standards to ensure their commitment in delivering competitive
Enterprise Products
Wipro 7B1610
Wipro EM4700
Wipro 7B1630
Wipro 7E1100
Wipro 7B1100
Wipro 7B3800
Wipro 7710P
Wipro 7B1650.
Server:
Performance Segment
Blade server
System Integration
Managed Services
Total Outsourcing
Security Governance
Availability Services
Milestones
2012:
Wipro Australiabased MMG Selects Wipro as Strategic Partner
Wipro Wipro Acquires L.D.Waxson with Skincare brands Bioessence &
Ginvera
Wipro Tech joins Car Connectivity Consortium (CCC) to develop
smartphonebased connectedcar solutions
Wipro Technologies, Oracle joined hands to offer next gen Oracle Fusion
HCM solution
Wipro Infotech, the India and Middle East, IT Business unit of Wipro
launched the e.go aero range of ultraportable notebooks
Wipro Wins NASSCOM Corporate Award for Excellence in Diversity and
Inclusion 2012
2011: Inaugurated its first rural BPO at Manjakkudi village in Tamil Nadu to
capitalize on literate talent pool available in the region.
2010: Wipro Infotech the India, Middle East and Africa, IT Business of
Wiprohas been awarded a 5year IT outsourcing contract by Vasan Eye Care
one of India's largest network of eye care centers and a unit of Vasan Healthcare
Group.
Achievements/ recognition:
Wipro 3D Networks once again emerged as the most formidable partner for
Nortel in FY 2006 bagging all the highest awards in significant categories Sales,
pre sales & post sales