WIPRO TECHNOLOGIES

by
D. SIVA KUMAR
•Wipro (an acronym of "Western India
Palm Refined Oils") started as a vegetable
oil trading company in 1947 from an old
mill at Amalner, Maharashtra, India
founded by M. H. Premji (Azim Premji's
father).
•He repositioned it and transformed
Wipro (Western India Palm Refined Oil
Ltd) into a consumer goods company that
produced hydrogenated cooking oils/fat
company, laundry soap, wax and tin
containers. At that time of 1975, it was
valued at $2 million
•In 1979, Wipro began developing its own
computers, and in 1981 started selling the
finished product. This was the first in a
string of products that would make Wipro
one of India's first computer makers.
 WASE
• Wipro started a highly appreciated initiative called
WASE - Wipro Academy of Software Excellence in
1996 .Under this program, some of the brightest
science graduates are selected and enrolled in an MS
(Software Engineering) program in collaboration
with BITS,Pilani.
 KEY PEOPLE
• Azim Premji (Chairman).
• Girish Paranjpye (joint CEO).
• Suresh Vaswani (joint CEO).
• SA Sudarshan.
• 1975 - Diversification into engineering and manufacture of
hydraulic cylinders as WINTROL (now called Wipro Fluid
Power) division in Bangalore.
• 1977 - Name of the Company changed to Wipro Products
Limited.
• 1990 - Incorporation of Wipro-GE medical systems
• 1997 -Start of the Six Sigma initiative, defects prevention
practices initiated at project level.
• 1998 - Wipro first software services company in the world to
get SEI CMM level 5.
• 1999 - Wipro's market capitalization is the highest in India.
• 2000- Wipro listed on New York Stock Exchange.
• 2001 - Becomes world's first PCMM Level 5 company.
– Wipro becomes only Indian company featured in Business Week’s
100 best-performing technology companies
• 2002
– Ranked the 7th software services company in the world
by Business Week (Infotech 100, November 2002).
• 2003
– Wipro Technologies Wins Prestigious IEEE Award for Software
Process Excellence.
– Wipro wins the 2003 Asian Most Admired Knowledge Enterprise
Award.
• 2004
– Wipro Technologies named Asian Most Admired Knowledge
Enterprise second year in a row.
– IDC rates Wipro as the leader among worldwide offshore service
providers.
 Growth in Revenue
• 1988 - Crossed the $10 million mark in
annualized revenues.
• 1996- Crossed the $100 million mark in
annualized revenues.
• 2004- Crossed the $1 Billion m
• 2007 - Wipro acquires US's Info crossing for
600mn.
 Major Divisions
• IT Services.
• Product Engineering Solutions.
• Technology Infrastructure Service.
• Business Process Outsourcing.
• Consulting Services.
 IT Services:
• Wipro provides complete range of IT Services
to the organization. The range of services
extends from Enterprise Application Services
to e-Business solutions. Wipro's enterprise
solutions serve a host of industries such as
Energy and Utilities, Finance, Telecom, and
Media and Entertainment.
 Product Engineering Solutions:
• Wipro is the largest independent provider of
R&D services in the world. Using "Extended
Engineering" model for leveraging R&D
investment and accessing new knowledge and
experience across the globe, people and
technical infrastructure, Wipro enables firms
to introduce new products rapidly.
Technology Infrastructure Service:
• Wipro's Technology Infrastructure Services
(TIS) is the largest Indian IT infrastructure
service provider in terms of revenue, people
and customers with more than 200 customers
in US, Europe, Japan and over 650 customers
in India.
 Business Process Outsourcing:
• Wipro provides business process outsourcing
services in areas Finance & Accounting,
Procurement, HR Services, Loyalty Services
and Knowledge Services. In 2002, Wipro
acquiring Spectramind and became one of the
largest BPO service players.
 Consulting Services:
• Wipro offers services in Business Consulting,
Process Consulting, Quality Consulting, and
Technology Consulting.
 SWOT ANALYSIS
STREANGH
•Large employee base(1,00,000).
•Large number of Blue-chip
•Global Diversified company with a
strong R&D.
•Contains best management.
OPPORTUNITIES
•Company has good opportunity since IT
sector is growing.
•Likely to benefit from growth
prospectus in emerging market.
WEAKNESS
•Low operating margin of the other
group companies.
•Free floating stock is very less for the
investors.
THREATS
•Slowdown in the US economy.
•Increasing cost of human capital.
•Will face fierce competition in the areas
of e-business and ASP services.
THANK YOU