Wipro Limited (formerly Western India Products Limited) is an Indian multinational provider of
information technology (IT) services, consulting and outsourcing services. It is headquartered in Bangalore, Karnataka India.As of 2012, the company has over 130,000 employees and a worldwide presence with global centers across 54 countries The company operates in four segments: IT products and services, Consumer care and lighting, Healthcare and Infrastructure engineering. Type Industry Founded Founder(s) Hedquater Area served Key people Emplyoees Division Public IT services, IT consulting Amalner, Maharastra Mohamed Hasham Premji Bangalore, Kranataka, India World Wide Azim Premji (Chairman) 135930(2012) Wipro Consumer Care & Lighting Wipro Infrastructure Engineering Wipro GE Medical Systems Limited Wipro Technology Services Limited
About Chairman:Azim H. Premji - Chairman Azim Premji has led Wipro since the late 1960's. Premji started at Wipro with one basic idea - to build an organization which was deeply committed to Values, with the firm belief that success in business would be its inevitable, eventual outcome. Unflinching commitment to Values continues to remain at the core of Wipro. Premji strongly believes that ordinary people are capable of extraordinary things and that the key to this is creating highly charged teams. He takes a personal interest in developing teams and leaders and invests significant time as a faculty in Wipro's leadership development programs. In Premji's view, the Wipro brand promise of "Applying Thought" is the driving force for delivering value for customers - which is the heart of business success. This has driven Wipro's pioneering efforts in Quality, culminating in the "Wipro Way", which integrates the methods and practices of Six Sigma, PCMM, CMMi and Lean. It also drives Wipro's focus on applying Innovation for direct customer benefits - improving their time-to-market, enhancing their predictability & reliability, and cutting their costs. Over the years, Azim Premji has received many honors and accolades, which he believes are recognitions for each person who has contributed to Wipro. Business Week listed him amongst the top 30 entrepreneurs in world history (July 2007), they also featured him on their cover with the sobriquet "India's Tech King" (October 2003
In January 2011, the Government of India conferred upon him the Padma Vibhushana, one of the highest civilian awards in the country. In 2005 he had also been conferred with the Padma Bhushana. The Republic of France has bestowed on him the "Legion of Honor" in 2011. In the year 2001, Premji established the Azim Premji Foundation, a not-for-profit organization with a Vision of significantly contributing to quality primary education for every child, in order to build a just, equitable, humane & sustainable society. Azim Premji is a graduate in Electrical Engineering from Stanford University, USA
Company OVERVIEW
In the year of 1945, in preindependent India, a vision was born, which would eventually stand out as a brand name synonymous with innovation and integrity. Starting off with consumer products business, Wipro then diversified into newer areas including IT hardware and IT services. Such has been the dynamic power of the organization that over the past 50 years, Wipro has evolved into a
leading global IT company, a company which has pioneered many an innovation in the IT services, BPO and R&D services space. Headquartered at Bangalore, India, we at Wipro implement the philosophy of 'Applying Thought', thereby helping clients to "Do Business Better". Our path breaking innovations and ideas have culminated into the `Wipro Way' a process which directly impacts customer benefits by improving time-to-market, enhancing predictability and reliability, and cutting costs. Wipro Global IT Business delivers winning business outcomes through its deep industry experience and a 360 degree view of "Business through Technology" - helping clients create successful and adaptive businesses. A company recognized globally for its comprehensive portfolio of services, a practitioner's approach to delivering innovation and an organization wide commitment to sustainability, Wipro Technologies has over 140,000 employees and clients across 57 countries.
Completing the circle of transformation
Wipro, one of the world's most trusted brands, is a name with a long history that powers itself into new ventures. This trust extends to a series of products, services and solutions that cover diverse businesses - from consumer care to cutting-edge information technology. Over the years, our identity has evolved with our business, adapting to changing global dynamics. Here's a snapshot of our journey to date:
Inception
Wipro was established in 1945 as a vegetable oil manufacturer in Amalner, Maharashtra. The company at that time was known as Western India Products Limited. Its main area of business was the production of Sunflower Vanaspati Oil, and later on, soaps and other consumer care products.
Evolution
During the late 1970s and 1980s, Wipro began to venture into the fledgling IT industry in India. It was the first to market indigenous Personal Computers in 1985. This phase saw Wipro expand its horizons rapidly and take advantage of the opportunities in the technology space. It was during 1990s that Wipro took its hardware expertise into the services arena, and was among the pioneers in developing the ODC(Offshore Development Center) concept (popularly known as the Global Delivery Model or GDM). Wipro leveraged this initial success with telecom partners to take our services offering global and provide R&D services (product engineering services) to clients. Today, Wipro is the world's largest outsourced R&D services provider, a business which continues to remain a key differentiator for our communication, manufacturing and technology businesses. The late 1990s and early 2000s was the time when industry and the way business was conducted changed completely. Globalization was the buzzword while the explosion in telecommunications, followed by the Internet boom and bust, meant that the world was increasingly becoming interconnected. Enterprises hopped onto the global sourcing bandwagon, and soon GDM took on an overarching scale and scope for providers like Wipro. Since then, we have transformed into one of the world's leading software and outsourcing service providers.
Consolidation
The 2000s' decade saw Wipro focus on the IT services and BPO business, which today has become the company's primary growth driver, having grown from negligible revenues to about 70% of Wipro's IT revenues, a testimony to the company's ability to scale new businesses. Currently, Wipro employs 135,920 employees (March 31, 2012). The company recorded total revenue of $7.37 billion (IT revenues stood at $5.59 billion) for the year ended March 31, 2012 while net income for the same year was $1.1 billion. We believe in sustained growth by being a partner to industry leaders, attracting the best leaders, offering industry-leading expertise and continue our steadfast global presence.
Wipro Business Units Wipro IT
Wipro Technologies, the global IT business of Wipro Limited is a leading Information Technology, consulting and outsourcing company with a comprehensive portfolio of services and an organization wide commitment to sustainability and innovation. The IT Products segment sells a range of Wipro personal desktop computers, Wipro servers and Wipro notebooks. It is also a value added reseller of desktops, servers, notebooks, storage products, networking solutions and packaged software for international brands. Wipro entered into the technology business in 1981 and has over 130,000 employees and clients across 54 countries today. IT revenues stood at $ 5.9 billion for the year ended March 31, 2012 with a repeat business ratio of over 95%. The business model at Wipro Technologies Ltd is an industry aligned customer facing model which gives greater understanding of customers businesses to build industry specific solutions.
Wipro Consumer Care & Lighting
Wipro Consumer Care and Lighting (WCCLG), a business unit of Wipro Limited operates in the FMCG segment offering a wide range of consumable commodities. Established in 1945, the first product to be introduced by WCCLG was vegetable oil, later popularized under the brand name 'Sunflower Vanaspati'. It offers personal care products, such as Wipro Baby Soft and Wipro Safewash, toilet soaps like Santoor and Chandrika and international brands like Yardley.Its portfolio of lighting solutions includes products like Smartlite CFL, LED, emergency lights and more. Through its customer-centric products and acquisitions, Wipro Consumer Care and Lighting has become a fast growing company in the FMCG segment.
Wipro Infrastructure Engineering
Wipro Infrastructure Engineering is the hydraulics business division of Wipro Limited and has been in the business of manufacturing hydraulic cylinders, truck cylinders, and their components and solutions since 1976. This division delivers hydraulic cylinders to international OEMs and represents the Kawasaki, Sun Hydraulics and Teijin Seikirange of hydraulic products in India. It has entered into partnerships with companies like Kawasaki and aerospace giant EADS. The commitment to quality has made Wipro Infrastructure Engineering the second largest independent manufacturer of cylinders in the world. The company has recently ventured into water treatment systems and solutions to cater to the needs of various industries.
Wipro GE Medical Systems Limited
Wipro GE Medical Systems Limited is Wipros joint venture with GE Healthcare South Asia. It is engaged in the research and development of advanced solutions to cater to patient and customer needs in healthcare. This partnership, which began in 1990, today includes offerings like gadgets and equipment for diagnostics, healthcare IT solutions and services to help healthcare professionals combat cancer, heart disease and other ailments. There is complete adherence to Six Sigma quality standards in all products.
Saurabh Govil - Sr. Vice President - Human Resources Saurabh Govil is the Sr. Vice President Human Resources and is responsible for the Talent Engagement, Talent Acquisition and Development initiatives across Wipro Technologies and is a member of the Management Team. He joined Wipro in May, 2009 and Saurabh has been a HR practitioner for over two decades, having worked in organizations such as ITC and GE. Saurabh started his career as a management trainee at ITC Ltd. In his 12 year stint at ITC, Saurabh covered a variety of roles and went on to become the HR Head for the Tobacco Division, with responsibility for all its Manufacturing facilities. He joined GE (GECIS) in 2001 as the Head HR for the Software Center of Excellence (CoE). In 2002, he became the HR Leader for all the IT businesses of GECIS. In 2004, Saurabh moved to GE Healthcare to head HR for the Asia Pacific business. In this role, he also provided HR leadership to the Wipro-GE Joint Venture. In his last role, Saurabh was the Director HR for GE Healthcare in the Middle East, Africa, Russia/CIS, Turkey and Central Asian countries and was based out of Dubai. Saurabh is an alumnus of XLRI, Jamshedpur where he completed his masters in Human Resources.
Wipro started as a edible oil producer in 1947 from an old millfounded by Azim Premji's father under the nameWestern IndiaVegetable Products Chairman- Azim H Premji In 1977 it entered the IT segment. Third largest IT services company in India Wipro is the first People Capability Maturity Model (PCMM) Level 5Company & also first Indian company to adopt Six Sigma 3rd Best HR Management company in India Employees-97250 as on November 2008
HR POLICIES AT WIPRO Manpower Planning Internal & External Recruitment Intensive Training & Development Performance Appraisal Promotion, Transfer, & Demotion Job Rotation Administration Section Grievance Handling Kaizen suggestion Welfare Activities Wipro Employee Stock Option Plan (WESOP) allows employees to share in the companys success.
