Wipro is an Indian multinational IT consulting and system integration services company headquartered in Bangalore, India. It was founded in 1945 as a manufacturer of vegetable oils but later transitioned to IT services. Wipro is now one of India's largest publicly traded companies and the seventh largest IT services firm worldwide, with over $8 billion in revenue. The company has over 1.5 lakh employees serving clients in over 60 countries. While initially focused on software services and BPO, Wipro has diversified into several other sectors like consumer care, lighting, healthcare and infrastructure engineering through spin-offs.
2. IT SECTOR
• It consist two major components:
IT services
Business process outsourcing (BPO)
• It contributed 7.5% to India’s GDP in 2012.
• The sector Aggregate Revenues of US$100 billion.
• Where export revenue stood at US$69.1 billion and domestic at
US$31.7 billion, growing by over 9%.
3. ABOUT WIPRO
• Wipro Limited (Western India Products Limited) is an Indian
multinational IT Consulting and System Integration services company
headquartered in Bangalore, India.
• 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 Mumbai, under the trade names of Kisan, Sunflower and Camel
4. • As of December 2014, the company has 1,54,297 employees servicing
over 900 large enterprise
• Fortune 1000 corporations with a presence in 61 countries.
• On 31 January 2015, its market capitalisation was approximately 1.63
trillion ($26.3 billion)
• In February 2002, Wipro became the first software technology and
services company in India to be certified for ISO 14001 certification.
5. WIPRO is one of India's largest publicly traded companies and seventh
largest IT services firm in the World.
To focus on core IT Business, it demerged its non-IT businesses into a
separate company named Wipro Enterprises Limited with effect from
31 March 2013.
The demerged companies are consumer care, lighting, healthcare and
infrastructure engineering which contributed approximately 10% of
the revenues of Wipro Limited in previous financial year.
9. Wipro divisions
Wipro Consumer Care & Lighting (WCCLG):-
It has a profitable presence in the branded retail market of
toilet soaps, hair care soaps, baby care products and lighting
products. WCCLG is also a leader in institutional lighting in
specified segments like software, pharma and retail.
11. Wipro GE Medical Systems Limited:-
It is a Joint venture between Wipro Limited and General
Electric basically delivering what it calls "quality solutions that
effectively meet the needs of customers and patients". Its products and
services range from diagnostics to IT, helping healthcare professionals
combat cancer, heart disease and other ailments
12. Wipro BPO
Founded in 2002
Employs 22,000
3,150 in Hyderabad
Operations in India & also branches in Shanghai, Cebu in
Asia, Brazil & Poland
13. Wipro Limited
CHAIRMAN
WIPRO LIMITED
Azim Premji
Joint CEO,
IT Business
Suresh
Vaswani
Joint CEO,
IT Business
T.K.Kurien
Human
Resources
Pratik Kumar
Finance
Suresh
Senapaty
Wipro
Consumer
Care &
Lighting
Vineet Agrawal
Wipro
Infrastructure
Engineering
Anurag Behar
14. Products (Having more than 32 products)
Aerospace
Banking
Consumer packaged goods
High-Tech
Insurance
Media
Mobile device
Pharmaceutical & Life sciences
Retail
Telecom equipment
Utilities
Auto motive
Communication service provider
Energy
Health care
Hospitality and leisure
Manufacturing
Media devices
Natural resources
Public infra structure
Securities & capital markets
Transportation
Service Products
Analytical & information
management
BPO
Consulting service
Product engineering
services
Mobility
Business application
services
Cloud services
Eco energy
Infrastructure management
services
15. Products and services
PRODUCT NAME UNITS INSTALLED
CAPACITY
PRODUCTION
QUANTITY
SALES QUANTITY SALES VALUE (Rs
Cr.)
Software Services N.A. 0.00 0.00 0.00 19413.9000
Mini and micro computers Numbers 691200.00 217016.00 217431.00 2858.1000
I T Enabled Services N.A. 0.00 0.00 0.00 1802.1000
Soap Toilet
Metric
Tonnes
134026.00 71471.00 71668.00 840.4000
Equipment (Hydraulic &
Pneumatic)
Numbers 831140.00 454602.00 455152.00 618.6000
Others N.A. 0.00 0.00 0.00 565.9000
Lighting Products N.A. 0.00 0.00 0.00 207.5000
Oil Hydrogenated
(Vanaspati)
Metric
Tonnes
45000.00 5909.00 5981.00 35.0000
Other Products N.A. 0.00 26.00 0.00 34.4000
Gears Tipping Numbers 50000.00 23276.00 23276.00 12.2000
( c o n t i n u e d I n n ext S l i d e )… ……….. ……… ……….
22. Shareholders Shareholding
Promoter group led by Azim Premji 73.51%
Foreign Institutional INVESTORS (FII) 08.82%
Indian Public 05.31%
Bodies Corporate 03.89%
Mutual Funds/UTI 01.90%
NRI 01.04%
Trusts/Others 00.84%
American Depositary Shares 01.93%
Total 100.0%
25. Share in software market
Tata consultancy services
WIPRO
INFOSYS
HCL Technologies
others
30%
13%
10%
8%
This data is based on software and other IT application sales of respective
companies. The survey was conducted by Rediff.com and Economic times.
39%
28. Global R&D facility.
Retention of the man-power is the best in the industry.
Impressive list of clientele.
Diversified skill base across service lines
Delivery capabilities & client satisfaction
Commitment to go the extra mile
Technological partnership with other software companies
Low cost advantage
MEGA Partnership – Cisco, EMC, Microsoft, Oracle and SAP
Strengths:
29. Weaknesses:
Low operating margin of the other group companies.
Free floating stock is very less.
Domestic market was huge but was underdeveloped
Small player in global market
Limited domain
Clients not trusting the capabilities of Indian Software Cos.
30. Opportunities:
In the branded product category.
In the consultancy area.
In the emerging technology areas like Blue Tooth, WAP
etc.
Huge global market
The Company has entered into the global market so now
it’s the biggest opportunity available to the company.
Huge potential in domestic market
31. Threats:
Increasing cost of human capital.
Will face fierce competition in the areas of e-business and ASP
services.
Competition by Indian companies in domestic market
Presence of big companies in global market
Exchange rate : This can be a threat to the company as the company
is making profits due to the high exchange rate and if this rate comes
down in future it can lead to a major problem for the company.
High exposure to the telecom/tech sectors.
Slowdown in the banking, financial services and insurance (BFSI)
sector
32. Awards and recognitions
• In May 2013, it was ranked 812th on the Forbes Global 2000 list.
• Wipro was ranked 2nd in the Newsweek 2012 Global 500 Green companies.
• It was recognized by the Ethisphere Institute as one of the World’s Most Ethical
(WME) Companies in 2013, for the second year in a row.
• Wipro received the 'NASSCOM Corporate Award for Excellence in Diversity and
Inclusion, 2012', in the category 'Most Effective Implementation of Practices &
Technology for Persons with Disabilities'.
• In 2012, it was awarded the highest rating of Stakeholder Value and Corporate
Rating 1 by ICRA Limited.
• It received National award for excellence in Corporate Governance from
the Institute of Company Secretaries of India during the year 2004.
• In 2014, Wipro was ranked 52nd among India's most trusted brands according to
the Brand Trust Report, a study conducted by Trust Research Advisory.
33. Conclusion :
Till today Wipro has been known for being very
process oriented with a focus on quality and cost
savings. Wipro long term strategy should be to create a
brand image and be known for innovation. Wipro
should invest in R&D and Market research, so that It
is able to innovate new solutions for clients to cut
costs or reduce time to market or improve reliability.