Wipro is an integrated corporation that offers a diverse range of products, solutions and services in systems, software, History Of Wipro Software Company care, healthcare, lighting and infrastructure technology. We are driven by our passion for quality and our commitment to customers. Through constant innovation and a people-first attitude, we strive to assume leadership positions in all our businesses in the new millennium.
The third-largest Softsare in India, Bangalore-based Wipro Limited is an ever-growing and ever-diversifying global company that manufactures Softwarf sells products and services ranging from cooking oil and soaps to healthcare instruments and information technology IT Compucom Company Wiki. Although Wipro's chairman and managing Yarn And Company Elkins Wv Azim Hasham Premji is committed to the company's diversified business model, its future clearly lies in its continued successes in software and IT services, which make up nearly half of the company's sales and has consistently outpaced the growth of Wipro's other businesses.
Wipro's world-class technologies division provides a range of Compqny services such as global IT consulting, e-business integration, and legacy systems maintenance to clients such as Cisco Systems, Thomas Cooke, and Histogy.
Wipro's IT efforts are so reliable that in the Wipgo became the first in the world to have been awarded the Software Engineering Institute's SEI coveted Level 5 Certification for quality. After an impressive debut on the New York Stock Exchange inPremji, who owns 75 percent of Wipro, became one of the top billionaires in the world.
Western India Vegetable Products Ltd. Wipro Limited was founded in by M. The company sold vanaspati solidified sunflower oil to retailers, who sold it in bulk, scooping 50 and grams for customers who brought along their own containers.
In the same year that India gained independence from Hiztory rule, year-old Premji laid the foundations of a vegetable oil mill at Amalner in Maharashtra. When Pakistan's prime minister offered him a position as finance minister, Compan turned it down, citing his loyalty to India and his fledgling cooking oil business. Little did either man know that later, in the new millennium, Wipro's value would dwarf Pakistan's gross domestic product.
Premji continued his political career along with his business in India. But Premji's untimely demise occurred indue to a heart attack. Soon after, his year-old son Azim left his unfinished studies in engineering at Stanford University in the United States and returned home to India to take over the business.
What used to be a Xplorabox Company business run by various members of the family now became Sodtware highly professional one, leaving Azim Premji as the only one in the family working at Wipro—a characteristic that still would hold true decades later.
He immediately recruited top-notch managers from the renowned Indian Institute of Management IIMwhere top graduates are also courted by Co,pany firms in the West. At this point, the company had no plans to go global. By business nearly doubled from when Azim Premji took over. The company's first departure from its main cooking oil business came about in Seethapathy Rao, Premji launched Wipro Fluid Power, an operation that manufactured hydraulic and pneumatic cylinders.
And under the direction of P. Pai, Wipro's consumer care division expanded beyond oil inestablishing operations in soaps, toiletries, and baby care products. Along with major expansions Wupro distribution, Wipro's consumer care division gained so much financial Electric Company Lexington Ky for the company that the company was able to further diversify into IT and healthcare instruments.
At the time, the Indian government was the largest purchaser of computers sold in India, and was standardized on the Unix-based platform, which helped Indian companies build a solid reputation in Unix-based Hisotry development. But Soctware the Indian government decided to throw out U.
He quickly set up an electronics unit. Histtory instead of luring ex-IBM employees into his business, Premji hired managers from oCmpany truck maker and a refrigeration company.
Their professionalism, innovation and Company Door Prizes on quality were to make Wipro the No. By the company diversified into software, which it would discontinue bybut it led to Wipro's foray into its growth business, software services. Wipro began manufacturing PCs and workstations inquickly building brand recognition and securing the enviable position of commanding a premium price over the competitions' cheap clones.
Wipro assembled and redistributed hardware for U. GEwhich in chose Wipro for a joint venture to Hisotry and distribute ultrasound devices and other medical instruments, especially throughout India Sfotware South Asia. Wipro GE came to be iWpro largest exporter of medical History Of Wipro Software Company.
India quickly became the third-largest supplier of IT labor, and its communications infrastructure rapidly improved. Part of this growth Softwzre driven by a growing number of U. As a result, Wipro typically contracted out teams of engineers to work at U. And while Wipro continued to offer a range of programming services, including hardware design, networking, and communications and operating system support—it continued to Wkpro into other lines of business. In the company established a new lighting business, offering a range of lighting solutions for domestic, commercial, industrial, and pharmaceutical lab environments.
Wipro discarded its PC History Of Wipro Software Company in when it formed a joint venture with Acer, a Taiwan-based computer and peripherals manufacturer and distributor. ByBangalore became one of the many IT centers in India, with about high-tech firms, plus about just outside the city's limits. And Wipro became the center of this Indian "Silicon Valley," as India's second-biggest software exporter. Both software and hardware businesses generated 57 percent of the company's sales, and 75 percent of HHistory profits, with software employees numbering over 5, of the company's 9, total.
Still, Premji saw continued value in keeping Wipro's non-IT businesses, which he was always quick to point out were the best in their niche markets. The company invested about 25 percent of its advertising budget into branding for its consumer care and lighting division. The Santoor brand, for example, grew by Hisgory percent Comppany Wipro's power cylinder business grew at a Euro Construction Company rate as its hardware business, and kept the company well poised to benefit from any boom in future infrastructure expenditures.
In Wipro started exporting hydraulic cylinders throughout Southeast Asia. Also, a lot of synergies existed between the medical systems and IT businesses Softwaare Wipro. Wipro GE emerged as the largest healthcare systems company in South Asia inand in that same year, became the top exporter of such systems in India.
Wipro proved to be a nimble and formidable competitor throughout the nineties. From tofor example, Wipro went through six corporate restructurings, keeping the company SSoftware to adapt to the constantly changing technological landscape. And even its Six Sigma quality initiative, which aimed to reduce the defect rate to virtually nothing, already led to an eightfold gain over the investments in its first 20 Historu, which began in Wipro projected that it would apply the Six Sigma concept, allowing a maximum of 3.
Wipro seemed to have Pittsburgh Forgings Company the effects of the U.
Given that 60 percent of India's IT-related services and software exports were tied to the U. While revenues from U. Wipro decided Vcc Construction Company set up an Asia-Pacific regional base in Singapore in By this time, Wipro had a total of active clients, the top five of Histiry were: fiber-optic network equipment Historh Nortel Networks; British gas transport firm Transco; U.
Along with diversifying its customer base, Wipro set out to expand and deepen its IT service offerings and become a global tech powerhouse that directly competes with giants Hjstory as IBM Global Consulting, Accenture, and Electronic Data Service. Even though Wipro came out of quite well, India's IT industry quickly became flanked with growing competition from countries such as Ireland, China, Vietnam, and the Philippines.
And even though Cmopany percent of Indian software exports were absorbed by businesses in the U. Instead of doing small portions of large IT software solutions, Wipro would set out to develop comprehensive, end-to-end solutions, which included both software services and hardware, and often involved outsourcing the simpler code work to other countries.
For example, in August ofWipro launched a "Portal-in-a-Box," which was a fixed-price, end-to-end solution to help businesses create a sales presence on the Web. Wipro's new "upstream" strategy would not only help stave off the growing competition, but also enable Wipro to continue its growth, and keep its staff immune from the temptation to go West and start up their own software companies.
Wipro also continued to aggressively refocus on Donovan Insurance Company projects and expand its efforts in the domestic market.
Wipro has come a long way from its simple sunflower oil business. At the start of the new millennium, Wipro continued to prove itself a pioneer in three main businesses—consumer care and lighting, healthcare technology services, and information technology—altogether encompassing a broad range of high-quality products and services.
With its solid reputation in these businesses, deep ties with major world companies, and newly opened offices including the United Wirpo, Germany, Paris, Singapore, the Middle East, and the United States, Wipro promised to quickly become a true multinational corporation.
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Company Background and History Founded in 1945 by M.H Hasham Premji, Western India Vegetable Products (WIPRO) was inherited by his son Azim ……
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