23-11-2012, 04:37 PM
Western India Products Limited
wipro.doc (Size: 56.5 KB / Downloads: 29)
INTRODUCTION
Wipro Limited (formerly Western India Products Limited) (NYSE: WIT, BSE: 507685) is an Indian multinational provider of Information technology (IT) services, consulting and outsourcing services. It is headquartered in Bangalore, Karnataka, India.[2][3] As of 2012, the company has over 130,000 employees and a worldwide presence with global centers across 54 countries.[4]
HISTORY OF THE COMPANY
The company operates in four segments: IT products and services, Consumer care and lighting, Healthcare and Infrastructure engineering.[5]
The company was incorporated on 29 December 1945 at Mumbai by Mohamed Hasham Premji as Western India Products Limited, later abbreviated to Wipro. It was initially set up as a manufacturer of vegetable ghee, vanaspati, refined oils including salad oil in Amalner, Maharashtra under the trade names of Kisan, Sunflower and Camel.[6] The company logo still contains a sunflower to reflect their original business.
In 1966, post his father’s death Azim Premji rushed back from Stanford University and took over Wipro as a chairman at the age of 21.[7] He was instrumental in transforming Wipro into a multi-billion dollar diversified corporation.[8] Azim Premji is a major shareholder in Wipro.[9] During the 1970s and 1980s, the company shifted its focus and began to look into business opportunities in the IT and computing industry, which was at a nascent stage in India at that time. In 1977, the name of the Company was changed from Western India Vegetable Products Limited., to Wipro Products Limited., with effect from 7 June.[6]
WIPRO COMPANY PROFILE
Wipro Technologies is the No.1 provider of integrated business, technology and process solutions on a global delivery platform.
Wipro Technologies is a global services provider delivering technology-driven business solutions that meet the strategic objectives of our clients. Wipro has 40+ ‘Centers of Excellence’ that create solutions around specific needs of industries. Wipro delivers unmatched business value to customers through a combination of process excellence, quality frameworks and service delivery innovation. Wipro is the World's first CMMi Level 5 certified software services company and the first outside USA to receive the IEEE Software Process Award.
Wipro’s complete range of IT Services addresses the needs of both technology and business requirements to help organizations leverage leading-edge technologies for business improvement.
Wipro takes charge of the IT needs of the entire enterprise. The gamut of services extends from Enterprise Application Services (CRM, ERP, e-Procurement and SCM), to e-Business solutions. Wipro’s enterprise solutions have served and continue to serve clients from a range of industries including Energy and Utilities, Finance, Telecom, and Media and Entertainment.