WIPRO

What is the full name of Wipro?

WIPRO stands for Western India Products. It is a private limited multinational IT consulting and system integration
Service Company headquartered in Bangalore India.

Interesting Things to Know About Wipro Technologies

Wipro Technologies is one of the leading IT Service companies in India and the world.

1. The company was established in 1946 by Mohamed Premji in the name of Western India Vegetables
Products Limited. The company was mainly based on refining oil and vegetable oil.
2. Wipro is one of the leaders in the consumer market even today. The company is only after Nirma and
Dabur. The products like Sunflower, Kisan and Santoor are few of the leading products in Indian
market. Wipro also is in the lighting business and makes CFL and others.
3. Till 1966, Wipro was in Consumer market but after the sudden death of Senior Premji, his son Aziz
Premji took over at the age of 21. His visions were very clear as he started expanding and entered the
business of IT. The young leader was responsible for the tremendous growth of the company.

4. The company was incorporated as Western India Vegetables Products Limited. However, later it was
abbreviated as the Wipro. Later, under the leadership of Aziz Premji, when Wipro entered the business
of IT, the name got changed to Wipro Products Limited. It was later again renamed as the Wipro
Limited.

5. Wipro later diversified the companies as the sectors grew in size. The company is now an
accumulation of four different companies. Wipro Limited, Wipro Consumer Care and Lightning,
Wipro Infrastructure Engineering and Wipro GE Medical Systems Limited.

6. Wipro Technologies runs 54 development centers in the world. It is also the largest independent provider
of Research and Development in the world.

7. Wipro was the first company to implement the Six Sigma. The company is very particular about the
quality and the process. The implementation further made the company one of the process based
companies in the world.

8. Wipro currently has close to 160,000 employees across the globe. The company has employees of 98
nationalities from 61 different countries in the world. The presence of Wipro can be seen in more than
175 cities and 8.5% of the work force of Wipro is non-Indian.

9. Wipro is one of the largest public traded companies in India. This is also the seventh largest IT service
companies in the world.

10. Wipro is one of the largest companies listed in BSE, NSE, and NYSE. The value of the company is $8.4
billion in terms of total assets. The company has $35 billion market capitalization.

11. The company is one of the biggest in the IT Service and System Integration business. The innovation,
quality, and process are the key driving points for Wipro Limited.
History
WIPRO was established on 29 Dec, 1945, by Mohamed Hasham Premji, as a sunflower oil factory in a small
town Amalner in Maharashtra's Jalgaon district. Mohamed Hasham Premji was the father of Wipro's current
chief Azim Premji. After the death of his father, Azim Premji took over the business and drove it to the peak.
He demerges its non-IT businesses into a separate company named Wipro Enterprises Limited from 31 March
2013, to focus on core IT business.

Now a day, Wipro is one of the largest IT consulting and System Integration company, more than 1.5 lakh
employees provide their services for it.

Service Area
Wipro has multiple divisions like:

o Wipro Technology Services Limited

o Wipro Infrastructure Engineering
o Wipro Consumer Care & Lighting
o Wipro GE Medical Systems Limited

Important Dates and Achievements

1945: Wipro was established in Maharashtra as Western India Vegetable Products Limited.

1946: Moved to IPO

1981: Ventured into Information Technology industry.

1983: Wipro Systems Ltd was established.

1989: Entered into a joint venture with General Electric International Inc.

2002: Entered the Business process outsourcing (BPO) business.

2008: Entered the eco-energy business.

Products and Services

Analytics: Wipro has effectively combined various technology tools like SPSS, SAS with mathematical and statistical methods to provide useful
insights on each and every aspect of business. It helps in predicting and determining customer behaviour.

Application Services: The Business application is another domain which Wipro is transforming. Wipro is now providing cutting edge digital
solutions to customers for an enhanced experience. Standardized and robust processes are influencing the way operations are integrated to
ensure the transformation.

Consulting Services: Wipro Consulting Services is a major differentiator. It has led to enhanced performance, increased performance and reduced
costs. They provide services for world’s leading organizations and institutions.

Infrastructure Management: Wipro is one of the leading infrastructure service providers. It provides efficient solutions by responding to client
needs and requirements.

Internet of things: With the best of technology, IP solutions, and robust processes Wipro promises to create the best management models, robust
delivery mechanisms, optimized solutions to business problems.

Eco energy solutions: Wipro offers sustainable solutions and delivers energy efficient solution models. Wipro has built analytical models to
minimize energy wastage.
 Management of Wipro
 A
Azim H Premji
Non Executive Director
 W
William Arthur Owens
Independent Director
 M
M K Sharma
Independent Director
 I
Ireena Vittal
Independent Director
 R
Rishad Azim Premji
Whole-time Director
 M
M Sanaulla Khan
Company Secretary
 A
Abidali Z Neemuchwala
Managing Director & CEO
 P
Patrick Dupuis
Independent Director
 P
Patrick J Ennis
Independent Director
 A
Arundhati Bhattacharya
Addtnl Independent Director