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Encyclopedia > Wipro Technologies
Wipro Technologies.
Type Public (NYSE: WIT)
Founded 1945 (Pre Independence)
Headquarters Flag of India Bangalore
Key people Azim Premji, Chairman and Managing Director
Industry Information technology services
Revenue $3.47 billion USD
Net income $677 million USD
Employees 70,000+ (2007)
Slogan Applying Thought
Website www.wipro.com

Wipro Tech (NYSEWIT) is an information technology service company established in India in 1980. It is the global IT services arm of Wipro Limited (in operation since 1945, incorporated 1946). It is headquartered in Bangalore and is the third largest IT services company in India[citation needed]. It has more than 70,000 employees as of September 2007, including its business process outsourcing (BPO) arm which it acquired in 2002.[1] The Wipro Corporate Logo This work is copyrighted. ... New York Stock Exchange (June 2003) The New York Stock Exchange (NYSE) is one of the largest stock exchanges in the world. ... Image File history File links Flag_of_India. ... For other uses, see Bangalore (disambiguation). ... Premji (born July 24, 1945) is the Chairman & CEO of Wipro Technologies, which today is one of the largest software companies in India. ... Managing director is the term used for the chief executive of many limited companies in the United Kingdom, Commonwealth and some other English speaking countries. ... Information and communication technology spending in 2005 Information technology (IT), as defined by the Information Technology Association of America (ITAA), is the study, design, development, implementation, support or management of computer-based information systems, particularly software applications and computer hardware. ... Look up revenue in Wiktionary, the free dictionary. ... Image File history File links No higher resolution available. ... “USD” redirects here. ... Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. ... Image File history File links No higher resolution available. ... “USD” redirects here. ... This article is about work. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st Century. ... Look up slogan in Wiktionary, the free dictionary. ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos and other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. A Web page is a document, typically written in HTML... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... Information and communication technology spending in 2005 Information technology (IT), as defined by the Information Technology Association of America (ITAA), is the study, design, development, implementation, support or management of computer-based information systems, particularly software applications and computer hardware. ... Year 1980 (MCMLXXX) was a leap year starting on Tuesday (link displays the 1980 Gregorian calendar). ... Year 1945 (MCMXLV) was a common year starting on Monday (link will display the full calendar). ... Year 1946 (MCMXLVI) was a common year starting on Tuesday (link will display full 1946 calendar) of the Gregorian calendar. ... For other uses, see Bangalore (disambiguation). ... The business process outsourcing industry in India refers to the Services Outsourcing Industry in India, catering mainly to Western operations of MNCs (Multinational Corporations). ...


Wipro Technologies has over 300 customers across USA, Europe and Japan including 50 of the Fortune 500 companies. Some of its customers are Boeing, BP, Cisco, Ericsson, IBM, Microsoft, Prudential, Seagate, Sony, Windriver and Toshiba.[citation needed] It is listed on the New York Stock Exchange and is part of its TMT (technology media telecom) index. For other uses, see Europe (disambiguation). ... The Fortune 500 is a ranking of the top 500 United States corporations as measured by gross revenue. ... The Boeing Company (NYSE: BA, TYO: 7661) is a major aerospace and defense corporation, originally founded by William Edward Boeing. ... This article is about the energy corporation. ... Cisco may refer to: Cisco Systems, a computer networking company Cisco IOS, an internet router operating system CISCO Security Private Limited, a security company in Singapore Commercial and Industrial Security Corporation, a statutory board in Singapore Abbreviation for San Francisco, California Cisco (wine) The Cisco Kid, a fictional character created... Ericsson () NASDAQ: ERIC. Founded in 1876, Ericsson is a leading provider of communications networks, related services and handset technology platforms. ... For other uses, see IBM (disambiguation) and Big Blue. ... Microsoft Corporation, (NASDAQ: MSFT, HKSE: 4338) is a multinational computer technology corporation with global annual revenue of US$44. ... Prudential plc is a United Kingdom based financial services company. ... Seagate can refer to: Seagate Technology, a high tech manufacturer Seagate, Brooklyn, a community in Brooklyn, USA Seagate, Friends of, the nonprofit 501(c)(3) organization founded to preserve the historic winter retreat of Gwendolyn and Powel Crosley in Sarasota, Florida, USA Seagate, North Carolina, a community in North Carolina... Sony Corporation ) is a Japanese multinational corporation and one of the worlds largest media conglomerates with revenue of $66. ... Wind River Systems, Inc. ... Toshiba Corporations headquarters (Center) in Hamamatsucho, Tokyo Toshiba Corporation sales by division for year ending March 31, 2005 Toshiba Corporation ) (TYO: 6502 ) is a Japanese multinational conglomerate manufacturing company, headquartered in Tokyo, Japan. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ...


With revenue in the excess of US $3 billion, Wipro is one of India's major IT companies. It has dedicated development centers and offices across India, Europe, North America, Latin America and Asia Pacific. The current Chairman, Managing Director and majority stake owner is Azim Premji, who has headed the software and hardware divisions since Wipro's inception. A Chairman is the presiding officer of a meeting, organization, committee, or other deliberative body. ... Managing director is the term used for the chief executive of many limited companies in the United Kingdom, Commonwealth and some other English speaking countries. ... Premji (born July 24, 1945) is the Chairman & CEO of Wipro Technologies, which today is one of the largest software companies in India. ...


Wipro's Tagline is "Applying Thought", the ability to infuse newer ideas and newer ways of doing things.


Examples of Wipro's product design work include developing an Internet-browsing phone for a Japanese telecom company in 1998, helping chipmaker Texas Instruments produce digital signal processing software, and creating an automotive display unit for Italian manufacturer Magneti Marelli that combined functions including cell phone capability, global position system technology, a navigation system and a CD player.[citation needed]

Contents

History

Wipro was set up in Amalner, Maharashtra in 1945. Primarily an edible 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 Vegetable Products Limited; it had a minor presence in Maharashtra and Madhya Pradesh.[2][3] In the 1970s and 1980s, it began to expand and made forays into computing. In 1975, Wipro marketed India's first homegrown PC. Amalner is a small town nee city in the Jalgaon district of Maharashtra, a western state of India. ... , Maharashtra (Marathi: महाराष्ट्र , IPA:  , translation: Great Nation) is Indias third largest state in area and second largest in population after Uttar Pradesh. ... Vanaspati is the 4th melakarta raga in the sampoorna mela system used in carnatic music. ... A collection of decorative soaps used for human hygiene purposes. ... , Maharashtra (Marathi: महाराष्ट्र , IPA:  , translation: Great Nation) is Indias third largest state in area and second largest in population after Uttar Pradesh. ... , Madhya Pradesh (abbreviated as MP)   (HindÄ«: मध्य प्रदेश, English: , IPA: ), often called the Heart of India, is a state in central India. ... The 1970s decade refers to the years from 1970 to 1979, also called The Seventies. ... The 1980s refers to the years from 1980 to 1989. ...


Wipro was the sole representative for Sun Microsystems in India, before the Sun liaison office was set up in India, in the early 1990s. Sun Microsystems, Inc. ...


In 1995, it received ISO 9001 quality certification. In 1997, it received CMM level 3 certification from the Software Engineering Institute of India. In 1998, it was certified at CMMi level 5. In 2001, it was awarded the PCMM level 5 certification. In the same year, Business Today rated it as India's most valuable company. In June 2001, BusinessWeek ranked it among the top 100 best performing technology companies globally, and in November 2002, among the top 10 software services companies. As of 2004, it was the 4th largest company in the world in terms of market capitalization in IT services. Wipro is the highest-ranked Indian IT provider by International Association of Outsourcing Professionals.[citation needed] ISO 9000 specifies requirements for a Quality Management System overseeing the production of a product or service. ... The Capability Maturity Model (CMM) is a method for evaluating the maturity of software development organisations on a scale of 1 to 5. ... People Capability Maturity Model (short names:PCMM,P-CMM) is a maturity framework that focuses on continuously improving the management and development of the human assets of an organization. ... Founded in 1992, Business Today is an Indian magazine that focuses on economic trends. ... BusinessWeek is a business magazine published by McGraw-Hill. ...


Wipro and its success in handling outsourced information technology from US businesses is detailed in Thomas L. Friedman's best-selling book The World Is Flat and Steve Hamm's Bangalore Tiger. Wipro's offshore model is considered 'unique among the larger players in the security consulting space' according to a independent report by Forrester Research[4] Thomas Lauren Friedman, OBE (born July 20, 1953), is an American journalist. ... For other uses, see The World Is Flat (disambiguation). ... Bangalore Tiger: How Indian Tech Upstart Wipro Is Rewriting the Rules of Global Competition is a book published in 2006 by McGraw-Hill Companies, Inc, New York, and authored by Steve Hamm. ... Offshore has two principal meanings: Physical - in the sea away from the shore; not on the shoreline but out to sea. ... Forrester logo. ...


Financials

Wipro posted a net profit of Rs. 7.3 billion and growth of 17% in the Q1 2007-08.[5]


Time line

  • 1945: Western India Products Limited is incorporated
  • 1947: An oil mill and hydrogenated cooking medium plant set up
  • 1966: Azim Premji takes over leadership of Wipro at age 21
  • 1975: Wipro Fluid Power is set up to manufacture hydraulic and pneumatic cylinders
  • 1977: Company is renamed to Wipro Products Limited
  • 1980: Information technology services for domestic market started
  • 1981: Hardware company is launched
  • 1982: Company is renamed to Wipro Limited
  • 1984: Software products subsidiary Wipro Systems Ltd. is established
  • 1985: Toilet soaps manufacture begins
  • 1988: Wipro BioMed is launched. It is a new business unit to market and service bio-analytical and diagnostic instruments
  • 1989: Joint venture with GE for medical systems, Wipro GE Medical Systems Ltd
  • 1990: Product software business discontinued; software services begin
  • 1992: Lighting business and finance arm is established
  • 1994: Merger of subsidiaries Wipro Technologies Ltd. and Wipro Systems Ltd. with Wipro Ltd.
  • 1998: Wipro identity is relaunched with rainbow flower and positioning statement, "Applying Thought"
  • 1999: Brand makeover, with sunflower logo and the tag line "Applying Thought"
  • 1999: Wipro Net is set up by restructuring Wipro Ltd.'s communication services business to address the Internet market
  • 2000: Wipro Ltd.'s American depositary receipts are listed on New York Stock Exchange
  • 2000: Six Sigma initiative begun
  • 2001: Wipro receives a $70 million SI order, the largest ever till overtaken by TCS
  • 2002: Acquires Raman Roy's Spectramind for US$ 175 million to get into BPO industry
  • 2005: Becomes a $2 billion company
  • 2006: Becomes the world's largest R&D service provider [citation needed].
  • 2006: Acquires Saraware, a wireless R&D service provider from Finland
  • 2006: Acquires Quantech, a mechanical engineering design provider
  • 2006: Joint venture company WMNetServ with Motorola
  • 2006: Net profit for July, August and September rises 48% to $152m (£81m)
  • 2007: Revenues reach $3.5billion[6]
  • 2007: Becomes SOX Compliant.
  • 2007: Wipro-Biomed Division sold to Ranbaxy Fine Chemicals [1]
  • 2007: Wipro opens development center in Monterrey, Mexico
  • 2007: Signs agreement for acquiring Infocrossing[7]

Year 1945 (MCMXLV) was a common year starting on Monday (link will display the full calendar). ... Year 1947 (MCMXLVII) was a common year starting on Wednesday (link will display full 1947 calendar) of the Gregorian calendar. ... Year 1966 (MCMLXVI) was a common year starting on Saturday (link will display full calendar) of the 1966 Gregorian calendar. ... Year 1975 (MCMLXXV) was a common year starting on Wednesday (link will display full calendar) of the Gregorian calendar. ... Hydraulics is a branch of science and engineering concerned with the use of liquids to perform mechanical tasks. ... Pneumatics, from the Greek πνευματικός (pneumatikos, coming from the wind) is the use of pressurized air in science and technology. ... Also: 1977 (album) by Ash. ... Year 1980 (MCMLXXX) was a leap year starting on Tuesday (link displays the 1980 Gregorian calendar). ... Year 1981 (MCMLXXXI) was a common year starting on Thursday (link displays the 1981 Gregorian calendar). ... Year 1982 (MCMLXXXII) was a common year starting on Friday (link displays the 1982 Gregorian calendar). ... This article is about the year. ... This article is about the year. ... Year 1988 (MCMLXXXVIII) was a leap year starting on Friday (link displays 1988 Gregorian calendar). ... Year 1989 (MCMLXXXIX) was a common year starting on Sunday (link displays 1989 Gregorian calendar). ... Ge may refer to: Gê, a group of indigenous Brazilian tribes and their Ge languages Ge (Cyrillic) (Г, г), a letter of the Cyrillic alphabet Ge with upturn (Ґ, Ò‘), a letter of the Ukrainian alphabet Nikolai Ge, a Russian painter GÄ“, an ancient Chinese dagger-axe Ge (genus), a genus of butterflies Also... Year 1990 (MCMXC) was a common year starting on Monday (link displays the 1990 Gregorian calendar). ... Year 1992 (MCMXCII) was a leap year starting on Wednesday (link will display full 1992 Gregorian calendar). ... Year 1994 (MCMXCIV) The year 1994 was designated as the International Year of the Family and the International Year of the Sport and the Olympic Ideal by the United Nations. ... Year 1998 (MCMXCVIII) was a common year starting on Thursday (link will display full 1998 Gregorian calendar). ... This article is about the year. ... This article is about the year. ... Year 2000 (MM) was a leap year starting on Saturday (link will display full 2000 Gregorian calendar). ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... Year 2000 (MM) was a leap year starting on Saturday (link will display full 2000 Gregorian calendar). ... The often-used six sigma symbol. ... Year 2001 (MMI) was a common year starting on Monday (link displays the 2001 Gregorian calendar). ... Also see: 2002 (number). ... Raman Roy is one of the pioneers of the Business Process Outsourcing industry in India. ... Business Process Outsourcing (BPO) is the leveraging of technology or specialist process vendors to provide and manage an organisations critical and/or non-critical enterprise processes and applications. ... Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... The phrase research and development (also R and D or R&D) has a special commercial significance apart from its conventional coupling of research and technological development. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... Motorola Inc. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st Century. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st Century. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st Century. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st Century. ... This article is about the Mexican city; for other uses, see Monterrey (disambiguation). ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st Century. ...

References

  1. ^ "Wipro to hire more at the entry level", Indiatimes, October 19, 2006. Retrieved on 2007-04-11. 
  2. ^ Anand Parthasarathy. "Brand Bangalore", The Frontline, Jan 27 - Feb. 09, 2007. Retrieved on 2007-05-16. 
  3. ^ Wipro Ltd. Retrieved on 2007-05-16.
  4. ^ "Wipro's Offshore Model in Security Consulting Considered "unique" by Independent Research Firm". 
  5. ^ "Wipros net profit up by 17 percent". 
  6. ^ "Wipro rides Indian outsource wave", BBC, October 18, 2006. Retrieved on 2007-04-11. 
  7. ^ "Wipro to Acquire Infocrossing". 

Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st Century. ... is the 101st day of the year (102nd in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st Century. ... May 16 is the 136th day of the year (137th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st Century. ... May 16 is the 136th day of the year (137th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st Century. ... is the 101st day of the year (102nd in leap years) in the Gregorian calendar. ...

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