Wipro
technology ltd
Introduction:
Azim H. Premji has been wipro Ltd.’s Chairman of the
Board and Managing Director Since September 1968. Mr. Premji holds a Bachelor
of Science in Electrical Engineering from Stanford University
Wipro Technologies, the Global IT Services division of Wipro Limited
{{NYSE|WIT}} (incorporated 1946,
in operation since 1945) is an India-based global IT services, IT solutions and technology
services major. It is headquartered in Bangalore ,
India
In
the 1970s Wipro embarked on an
ambitious phase of expansion and diversification.
It
was in the early eighties that Wipro made its foray into the Infotech arena. An
energetic, committed team of professional R & D and marketing managers came
together in Bangalore
Wipro
has transcended from being a service provider to being a consultant, guide and
trusted partner.
Product
segment:
Wipro
was set up in the backdrop of the small town of Amalner in Maharashtra in 1945. Primarily an oil factory, the chief
products were Sunflower Vanaspati and 787 laundry soap (a by-product of the
Vanaspati operations). The company was called Western India Products Limited,
with a modest presence in Maharashtra and
Madhya Pradesh.
Objective:
Coming off its strongest year since 2000, Wipro grew at 43%
in 2004. The company has branched out from offerings such as software
development, R&D, and applications maintenance to providing remote
infrastructure management. Financial the worl’s largest third-party R&D
provider. Wipro, which gets the majority of its revenue from the U.S. , is pushing further in Europe
and expects to make some acquisitions there this year. At home, the company’s
back-office operation, Wipro BPO, got a jolt when Chief Executive Raman Roy
quit in early June to start another business. Office jobs such as insurance
processes in order to achieve greater profitability and to stem the high
employee attrition to new foreign players.
Company Information:
Stock Information WIT
Revenues* $
1.9 Billion
Revenue Growth 39.2%
Return on Equity 27.9%
Total Return 41.4%
Profits* $363
Million
Industry Services
Vision
Having
already achieved the pinnacles of process and quality credentials (through ISO
9000, SEI CMM, PCMM and Six Sigma), Wipro's Vision is focused on attaining
leadership in the areas of business, customer and people.
Business Leadership: Among the top 10 Information
Technology Services companies globally and the No.1 Information Technology
company in India
Customer Leadership: The No.1 choice of customers
through innovative solutions and Six Sigma processes.
People Leadership: Among the top 10 most preferred
employers globally by creating an environment of empowerment, intellectual
challenge and wealth sharing.
Brand Leadership: Wipro to be among the 5 most
admired brand in India
Vision
Having
already achieved the pinnacles of process and quality credentials (through ISO
9000, SEI CMM, PCMM and Six Sigma), Wipro's Vision is focused on attaining
leadership in the areas of business, customer and people. Business Leadership: Among the top 10
Information Technology Services companies globally and the No.1 Information
Technology company in India
Customer Leadership: The No.1 choice of customers
through innovative solutions and Six Sigma processes. People Leadership: Among the top 10 most
preferred employers globally by creating an environment of empowerment,
intellectual challenge and wealth sharing. Brand Leadership : Wipro to be among
the 5 most admired brand in India
WIPRO LIMITED:
BOARD
OF DIRECTORS
Azim H Premji
(Chairman
& Managing Director)
Dr. Ashok Ganguly (Director)
Chairman
ICI India Ltd., former Director of Unilever Plc.
Dr. Nachiket Mor (Director)
Head of
Treasury at ICICI Ltd.
P S Pai
Vice
Chairman & Executive Officer
Vivek Paul
Vice
Chairman & Executive Officer
B C Prabhakar (Director)
Senior
Counsel
Dr. Jagdish N. Sheth (Director)
Professor
in Marketing at Emory University ,
USA
Arun K Thiagarajan
Vice
Chairman & Executive Officer
Chairman
of ICICI Ltd.
Hamir K Vissanji (Director)
Industrialist
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