Wipro is an Indian multinational corporation that provides IT, consulting and business process services. It was founded in 1945 in Mumbai, India as a manufacturer of vegetable oils but shifted focus to IT in the 1970s-1980s. Under the leadership of CEO Azim Premji, Wipro became one of India's first computer makers and expanded into software development and customized software packages. Today Wipro is a global leader in IT services with over 147,000 employees worldwide and offers a range of services including software products, IT infrastructure services, business process outsourcing and more.
3. Firstly we will Discuss about Wipro’s Introduction..
and then it’s History
4. Industry IT Services, IT Consulting
Founded Mumbai, Maharashtra
Founder(s) M.H. Premji
Headquarters India
Area Served Worldwide
Chairman Azim Premji
CEO T.K. Kurien
Services IT, Business Consulting & Outsourcing Services
Employees 147,452 (March 2014)
5. The company was incorporated on 29 December 1945, in Mumbai by Mohamed Premji as
'Western India Vegetable Products Limited', later abbreviated to 'Wipro'. It was initially set up
as a manufacturer of vegetable and refined oils in Jalgaon, Maharashtra.
In 1966, after Mohamed Premji’s death, his son Azim Premji returned home from Stanford
University and took over Wipro as its chairman at the age of 21.
During the 1970s and 1980s, the company shifted its focus to new business opportunities in the
IT and computing industry.
In 1977 IBM was asked to leave India, Wipro entered the information technology sector.
In 1979 Wipro began developing its own computers. This was the first in a string of products that
would make Wipro one of India’s first computer makers.
In 1980 Wipro moved in software development and started developing customized software
packages for their hardware customers. This expanded their IT business.
9. An ideal company should have steady rising net income (Bottom line) and EPS growth. If the net
income growth rate is decreasing, it also impacts EPS growth and drags it down. It is stated in
terms of percentage change from the previous year.
The EPS growth rate should closely follow the Net Income growth rate but in some cases it does
not because of share dilution. When the company issues more stock or when debentures and
preferred stock are converted to common stock or employees and others exercise their stock option
the total number of shares increase which dilutes the EPS and your ownership.
11. In 1983
Established software products and exports subsidiary, Wipro Systems Ltd. in 1983.
In 1998
Software business assessed at SEI-CMM Level 5 in 1998.
In 2009
NDTV Profit Business Leadership Awards 2009 in both the Hardware and software
categories.
In 2010
Most Outstanding Alliance Partner of the Year Award in Asia-Pacific and Japan from HP. This
is the third time in five successive years that Wipro Technologies was recognized by HP
Software and Solutions.
12. Now we will show you it’s Current Scenario..
And then it’s Future..
13. Wipro Named a Major Player in IDC MarketScape: Worldwide Oil & Gas Professional
Services 2014 Vendor Analysis.
Wipro Wins a Strategic Ten Year Total Outsourcing Engagement with ATCO.
Wipro Recognized as the ‘Best Company to Work for’ Among Super Sized
Organizations in India .
Wipro and London Stock Exchange Group partner to launch a first hosted enterprise
multi-tenant reconciliation utility.
Wipro Limited Announces Changes to its Board of Directors.
Wipro Wins a Transformational IT Applications and Infrastructure Engagement with
7-Eleven in Australia.
Wipro Selected as Strategic IT Applications Management Partner by Global Stainless
Steel Producer, Outokumpu.
14. Future of IT Infrastructure:
The New Infrastructure of IT at Utilities
This Wipro IDC Energy Insights whitepaper examines the business
challenges faced by today's utility and retail energy companies and provides
utilities with guidance on the use of services to help manage the impending
infrastructure transformation.