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7/27/2019 Rohan Wipo
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Wipro Technologies is a global services provider delivering IT Technology Services.
Azim Premji, Chairman of Wipro Technologies.
Under his leadership, the fledgling US$ 2 million hydrogenated cooking fat company
has grown to a US$1.76 billion.
Wipro is presently ranked among the top 100 Technology companies in the world.
It has 66,000+ employees, serves 592 clients, and has 46 development centers acrossglobe.
Gold-Level Status in Microsoft's Windows Embedded Partner Program.
World's 1st IT Services Company to use Six Sigma.
First company in the world to be certified in BS 7799 (2002) security standards.
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Vision: To offer services based on world-class
infrastructure, industry expert skills, proven process-
oriented service operations that are backed by
principals to ensure the world's best way of deliveringIT infrastructure management solution.“
Mission: "To serve customers with integrity through
innovative, value for money solutions, by applying
thought day after day"
Values: Human values , integrity, Innovation drives
us
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Wipro started as a vegetable oil trading company in 1947 from anold mill at Amalner, Maharashtra, India founded by
M.H.PREMJI.
When his father died in 1966, Azim Premji, a graduate
in Electrical Engineering from Stanford University, took on theleadership of the company at the age 21. He repositioned it and
transformed Wipro (Western India Palm Refined Oil Ltd) into a
consumer goods company that produced hydrogenated cooking
oils/fat company, laundry soap, wax and tin containers and later set up Wipro Fluid Power to manufacture hydraulic and
pneumatic cylinders in 1975. At that time, it was valued at $2
million.
In 1977, when IBM was asked to leave India, Wipro entered the
information technology sector.
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FMCG
Soaps
Foods
Deodorants
Baby diapers
Shampoo
Agarbatties
SOFTWARE
SOLUTIONS Computersolutions
Laptops
Desktops
BPO LIGHTING
&
TRANPORT
Street
lights
Dumper
CFL &
Battery
Printers
CPU,UPS AND
MOUSE
TORCHES
WASE
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Wipro Technologies- Wipro Technologies is the global IT services
business division of Wipro Limited.
Wipro Infotech- Wipro Infotech is the leading strategic IT partner for companies across India, the Middle East and Asia-Pacific - offeringintegrated IT solutions.
Wipro Consumer Care and Lighting- Wipro Consumer Care and Lighting,a business unit of Wipro Limited, has a profitable presence in the brandedretail market of toilet soaps, hair care soaps, baby care products andlighting products
Wipro Infrastructure Engineering - Wipro Infrastructure Engineering was
Wipro Limited’s first diversification in 1975, which addressed thehydraulic equipment requirements of mobile original equipmentmanufacturers in India.
Wipro GE Medical Systems - Wipro GE Medical Systems is a jointventure between Wipro and General Electric Company. As a part of GEMedical Systems South Asia, it caters to customer and patient needs witha commitment to uncompromising quality.
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PAST STRATEGIES:
Growth has four faces: organic; acquisitions; diversifications and joint ventures.Premji's growth strategy over the past years shows a marked change from earlier
patterns. Between 1966- 2000, Wipro grew through diversification, partnerships andorganically, through innovations it pioneered. Today, growth is also throughacquisitions and borrowed ideas, and there are fewer partnerships.
Premji's entry into the BPO (business process outsourcing) was remarkably late incoming, and seems to be a somewhat knee-jerk reaction to slowing growth rates inhis core businesses. In July 2002 Wipro acquired Spectra mind in a Rs4320mn deal.The takeover caused a few rumblings amongst analysts who felt that Wipro overpaidfor India's largest non-captive call-center
RECENT STRATEGIES: IT Services and Products segment accounted for 69% of the Company's revenue
during the fiscal year ended March 31, 2006 (fiscal 2006). Wipro provides its clients
customized IT solutions in the areas of enterprise IT services, technology
infrastructure support services, and research and development services. The
Company provides a range of enterprise solutions primarily to Fortune 1000 andGlobal 500 companies.
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Wipro addresses the banking and financial services segment, the manufacturingsector, and the retail, energy and utilities industries through its range of serviceofferings. The Company's enterprise solutions division accounted for 63% of its ITServices and Products revenues in fiscal 2006.
Wipro's strategy revolves mainly around three points:
Service line expansion:-Wipro will build a full port- folio of technology services.The company has already added a number of new services such as package
implementation, infrastructure outsourcing (including remote network
management), business process outsourcing and so on.
Quality leadership:-Wipro has been well-known for embracing cutting-edgequality standards such as six sigma. It has also begun six sigma consulting in an
effort to become a global six sigma leader.
Investing in human capital:-Wipro Technologies is investing a lot in training, not
only on the technical side but also on teaching its engineers how to be consultants.
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Building Growth Strategies for 2012 and Beyond, the theme of our first Global CXO study, isan onerous task that may be accomplished with a careful analysis of the key imperatives of global
growth and development that can help organizations globally to do business better.
Managing top- and bottom-line performance remains the top business priority of CXOs around
the globe. However, in working towards this objective, business leadership would be called upon
to place a premium on strategic innovation, which will act as the true differentiator in thecompetitive business arena. Innovate or perish is the dictum.
In earlier days, R&D was among the first casualties in times of business distress. But with
innovation acquiring a strategic focus, companies have begun to sharpen the focus on innovation
when the chips are down. More than two thirds of the surveyed leaders said that the 2008
meltdown made innovation even more of a business imperative.
Innovation has another important dimension that relates to timeliness. Getting a product or
service swiftly out to market is a critical business tactic and part of every enterprise’s strategy to
outwit competition. Having a faster time-to-market is an imperative both in mature and
developing markets, more so in the supercharged business domains of ICT, retail, andautomotive.
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Adoption of green practices
Going green is an imperative few companies can afford to overlook
today. For many years, the adoption of green practices was viewed as
an obligation that the current generation owed to future generations.
But that’s passing.
Going green has a strong business case, provided it is underpinned by
the innovation imperative. Over time, several leading companies have
demonstrated how innovations resulting in the adoption of green
practices led to significant business gains and higher profitability.
This is the case not only in traditional sectors like mining andmanufacturing, but also in the IT domain where several players, for
instance, have taken cognizance of the environmental impact that
rapid expansion of data centers has brought in its wake.
Green IT is thus becoming the norm, facilitated by softwaretechnolo ies like server virtualization and cloud com utin .
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Strengths: Global R&D facility.
Retention of the man-power is the best in the industry.
Impressive list of clientele.
Relatively lower receivable compared to the industry average. Diversified skill base across service lines
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
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Opportunities:
In the branded product category.
In the consultancy area.
In the emerging technology areas like Blue Tooth, WAP etc.
Huge global marketThreats:
Increasing cost of human capital.
Slowdown in the US economy.
Will face fierce competition in the areas of e-business and ASPservices.
Competition by Indian companies in domestic market
Presence of big companies in global market
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To offer services based on world-class infrastructure, industry expertskills, proven process-oriented service operations that are backed by
principals to ensure the world's best way of delivering IT infrastructure
management solution.
To serve customers with integrity through innovative, value for money
solutions, by applying thought day after day.
Human values, integrity, Innovation drives us.
Improved product and processed quality.
Incorporate lessee learned and best practices from global automotive
industry.
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Provides additional confidence for global sourcing.
Provides global quality system approach in the supply chain for sub
contractor development and consistency.
Reduction in variation, waste, and increased efficiency.
Reduction in second party audits and elimination of multiple third party recognition.
Provides a common language for worldwide quality system
requirements.