Revision 445546199 of "Wipro" on enwiki

{{Infobox company
| company_name    = Wipro Limited.
| company_logo    = [[Image:Wipro Logo.svg|200px|Wipro Logo]] 
| company_type    = [[Public company|Public]]       
| traded_as       = {{BSE|507685}}<br />{{NSE|WIPRO}}<br />{{NYSE|WIT}} 
| foundation      = 1945 
| founder         = [[Azim Premji]]
| location_city     = [[Bangalore]], [[Karnataka]] 
| location_country  = [[India]]  
| area_served     = Worldwide 
| slogan          = "Applying Thought". 
| key_people      = [[Azim Premji]] <br /><small>([[Chairman]])</small> <br />[[T K Kurien]] <br /><small>(CEO, IT Business & Executive Director)</small> 
| industry        = [[IT service management|IT service]]s<br />[[Information Technology Consulting|IT consulting]]  
| services        = [[Outsourcing]]<br />[[Business Process Outsourcing|BPO]]<br />[[Software service]]   
| revenue         = {{profit}} [[United States dollar|US$]] 6.841 billion <small>(2011)</small><ref name="bseindia1">{{cite web|url=http://www.hoovers.com/company/Wipro_Limited/jrhtif-1-1njea5.html |title=Wipro  |publisher=Hoovers |date= |accessdate=2010-09-07}}</ref>
| net_income      = {{profit}} US$ 1.167 billion <small>(2011)</small><ref name="bseindia1"/>
| assets          = {{profit}} US$ 8.182 billion <small>(2011)</small><ref name="bseindia1"/> 
| operating_income  = {{profit}} US$ 1.270 billion <small>(2011)</small><ref name="bseindia1"/>
| equity          = {{profit}} US$ 5.280 billion <small>(2011)</small><ref name="bseindia1"/>
| num_employees   = 126,490 <small>(June 2011)</small>
| divisions       = Wipro Consumer Care & Lighting<br />Wipro EcoEnergy<br /> Wipro Infrastructure Engineering <br /> Wipro GE Medical Systems Limited  
| homepage        = [http://www.wipro.com/index.htm Wipro.com]  
| intl            = yes 
}}

'''Wipro Limited''' ({{BSE|507685}}, {{NSE|WIPRO}}, {{NYSE|WIT}}) is a global information technology (IT) services company headquartered in [[Bangalore, India]]. According to the 2011 revenue, Wipro is the third largest IT services company in India and employs more than 122,385 people worldwide as of March 2011.<ref name="Headcount">{{cite web|last=Qrtr_Results|first=Dec2010|title=WIPRO_Qtr_result_dec_2010|url=http://www.wipro.com/corporate/investors/q4_1011_pdf/IFRS_GAAP_Press_Release_Q4_FY10-11.pdf|work=www.wipro.com|accessdate=21 January 2011}}</ref> Wipro is ranked 31 globally in 2011 in the list of IT service providers.<ref>http://www.rediff.com/business/slide-show/slide-show-1-tech-indias-it-based-services-providers-boom/20110512.htm</ref> It is 9th most valuable brand in India according to an annual survey conducted by Brand Finance and The Economic Times in 2010.<ref name="top10">{{cite web|title=India's top 10 brands|url=http://business.rediff.com/slide-show/2010/oct/26/slide-show-1-tata-motors-is-indias-top-brand.htm|publisher=business.rediff.com|accessdate=26 Oct 2010}}</ref> It provides outsourced research and development, infrastructure outsourcing, business process outsourcing (BPO) and business consulting services. The company operates in three segments: IT Services, IT Products, Consumer Care and Lighting.

Wipro Technologies, the global technology and consulting services division of Indian conglomerate Wipro Limited.

== History ==

The company was established in 1980 as subsidiary of Wipro Limited listed on New York Stock Exchange. Wipro was founded in 1945 by M.H.Hasham Premji in Amalner, [[Maharashtra]], producing sunflower [[Vanaspati]] Oil and soaps. At that time, the company was called Western India Vegetable Products Limited (later abbreviated down to Wipro).<ref>http://www.wipro.com/corporate/brand/index.htm</ref><ref>http://www.moneycontrol.com/company-facts/wipro/history/W</ref> The company logo still contains a sunflower to reflect their original business. Over the years, Wipro diversified into several unrelated businesses on its own and through subsidiaries. These industries included soaps, wax, tin containers for packaging and crushing. Hasham Premji died in 1966, and was succeeded by his son Azim Premji.

During 1970s and 1980s it shifted its focus and began to look into business opportunities in IT and computing industry which was at nascent stages in [[India]] at that time. Wipro was the first company which marketed the first indigenous homemade PC from India in 1975. Wipro's entry into the IT business was helped by lack of competition from IBM, which was asked to leave India by the government in 1977, following a dispute over investment and intellectual property. With its name and brand established, in the early 1980s, Wipro began selling through a dealer network and began assembling products made by such well-known companies as Canon, Cisco Systems, Epson, Hewlett-Packard and Sun.

In 1966 Azim Premji, still the majority shareholder as the chairman of the company at the age of 21 and with the passage of time transformed it into one of the largest IT outsourcing services provider of the world.
<ref>{{cite web| title = What is the history of WIPRO | url = http://www.blurtit.com/q558243.html
|accessdate = 2011-03-24}}</ref>

By 2000, Wipro Technologies emerged as the largest publicly listed software exporter in India and the first software services provider to be assessed at [[Software Engineering Institute|SEI]] Level 5 in the world.<ref>[http://www.wipro.com/corporate/investors/pdf-files/quarterlybusinessnews.pdf Wipro - first Indian software services provider to be assessed at SEI L5]</ref>


The company has the following reportable segments:<ref>http://www.wipro.com/corporate/investors/pdf-files/Annual%20Report%202010-2011/index.html#/209/zoomed</ref>

i) IT Services: IT Services segment provides IT and IT enabled services such as software application development and maintenance, research and development services for hardware and software design, business process outsourcing services etc.

ii) IT Products: IT Products segment sells a range of Wipro personal desktop computers, servers and notebooks. 

iii) Consumer Care and lighting: Consumer Care and Lighting segment manufactures, distributes and sells personal care products, baby care products, lighting products, and hydrogenated cooking oils in the Indian and Asian markets.

== Diversification ==

'''Wipro Infotech'''

Wipro Infotech is a leading manufacturer of computer hardware and provider of systems integration services in India and the Middle East region. The company's product portfolio includes desktop and notebook PCs, servers, data storage systems, and supercomputers. Its menu of technology services includes application development, data hosting, and technology procurement consulting. As an IT division of Bangalore-based technology services and consumer products conglomerate Wipro Limited, Wipro Infotech maintains offices across India. It also has operations in Australia and Egypt, as well as in Saudi Arabia through a joint venture with DAR Al Riyadh Group.<ref>[http://www.hoovers.com/company/Wipro_Infotech/rtckfti-1.html]</ref>

With its continued advancement in the IT market, Wipro made a foray into residential Internet services market via its joint venture with Royal Dutch Telecom. WeP Peripherals (WeP) came to existence in 2000. Prior to that year, WeP was the peripherals systems division of Wipro Infotech. In 2002, Wipro began with the acquisition of Spectramind. This transaction was completed in 2003 when Wipro acquired 100% stake in the company. Wipro Consumer Care and Lighting was established in 2003. This division acquired the lease rights to Chandrika in the same year. Wipro launched two new products in 2003, Wipro eHelpline, a web based call management software and Wipro eAsset, an IT asset Management tool. <ref>[http://360.datamonitor.com/Product?pid=031F2DAA-A05E-487E-B124-CB294AE359D7&view=History]</ref>

'''Wipro BPO'''

Wipro BPO employs over 22,000, of whom 3,150 are at its Hyderabad campus. The planned new recruitments will be from among science and commerce graduates and under-graduates.

The majority of Wipro BPO’s business comes from the US, followed by
Europe. The rest of the world contributes only marginally to its top line. The company posted a turnover of $290 million in FY08.

Founded in 2002, Wipro BPO has operations in Delhi, Pune, Kolkata, Chennai, Mumbai, Hyderabad, Navi-Mumbai (Belapur) Greater Noida, Mysore and Kochi in India. It also has offices in Shanghai and Cebu in Asia and Curitiba in Brazil and Wroclaw in Poland. It has 44 clients in segments such as banking & capital markets, insurance, travel & hospitality, hi-tech manufacturing, telecom and healthcare.

== Social Initiatives ==

Wipro's engagement in social development work is based on the stated mission: 'Wipro believes every entity has a responsibility to improve the system it inhabits'. The focus of the company is on education.This comes through in these following mechanisms.

'''Azim Premji Foundation'''<ref>http://www.azimpremjifoundation.org/home.html</ref>

Azim Premji Foundation is a not-for-profit organization with a vision to contribute to systemic changes in Indian education that facilitates a just, equitable, humane and sustainable society. The Foundation has engaged with over 2.5 million children in 20,000 schools across 13 States through a committed workforce of over 250 professionals and hundreds of paid volunteers since it's inception in 2001.

The work of the foundation mainly focuses on the areas:
* talent development
* knowledge creation
* deep-on-ground institutionalized impact

'''Wipro Cares'''<ref>[http://www.wipro.com/corporate/aboutus/corporate-social-responsibility.htm]</ref>, <ref>[http://wiprocares.blogspot.com/]</ref>

Wipro Cares is a social initiative by Wipro Technologies where employees voluntarily involve in various social causes in order to help people affected in crisis situations.  The social initiatives also include providing education opportunities, health and wellness programs for the needy thus touching every level of society that needs support. The employees also maintain a blog that contains the activities being conducted at different locations by Wipro Cares.

== Achievements ==

Wipro won the ''Golden Peacock Innovative Service Award''<ref>[http://www.wipro.com/corporate/investors/pdf-files/q3pressindiangaap.pdf Golden Peacock Innovative Service Award]</ref> for effective service delivery using state of art technology in 2001.

Wipro was awarded SVG1, the highest rating in ''Stakeholder Value Creation and Governance Practices'' by ICRA, a premier credit rating agency in India and an associate of Moody’s Investor Services of USA.<ref>[http://www.wipro.com/corporate/investors/pdf-files/Indian-GAAP-Press-Release-Dec-2003.PDF]</ref>

Wipro was awarded the ''India Manufacturing Excellence Award'' for its factory in Pondicherry in the large enterprises category by ''Frost & Sullivan''.<ref>[http://www.wipro.com/corporate/investors/pdf-files/Indian-GAAP-Press-Release-Dec-2004.PDF]</ref>

Wipro was awarded the prestigious ''ASTD BEST'' Awards for 2005 by the ''American Society of Training and Development''.<ref>[http://www.wipro.com/corporate/investors/pdf-files/Indian-GAAP-Press-Release-Dec-2005.PDF]</ref>

Wipro's ''Global Command Centre'' won the ''Marico Foundation'' and ''Business World's'' ''Innovation for India Award'' in 2006. The conglomerate was rated as the ''No.1 Network Integrator'' and ''No.1 Network Security Services Provider'' by ''Voice & Data Magazine''.<ref>[http://www.wipro.com/corporate/investors/pdf-files/Indian_GAAP_Press_Release-Q1-FY07.pdf]</ref>


==References==
* {{cite web
 | url =  http://www.wipro.org
 | title = Wipro Applying Thought in Schools }}

{{Reflist}}Information provided by Hakim Mouazam Ali
Wipro has branch in Powai Mumbai and now running BPO in Jasola, New Delhi too.


== External links ==
{{Commons category}} 
* {{Official website|http://www.wipro.com/index.htm}}
* [[wikinvest:Wipro (WIT)|Wipro at Wikinvest]]
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[[Category:Wipro|*]]

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