WIPRO Full Form
WIPRO Full Form-What is WIPRO?The Most Successful Company In India: WIPRO is an Indian multinational corporation that provides information technology, consulting and business process services.
WIPRO Full Form
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FAQs About WIPRO:
Wipro Limited is an Indian multinational corporation that provides information technology, consulting and business process services. The Fortune India 500 ranks it the 29th largest Indian company by total revenue. Wipro is a big player in the IT and technology industry. They are a major IT service provider in India and a leading provider of IT solutions. As a company, Wipro has a global presence with operations in more than 50 countries across six continents and in more than 200 Indian cities. It is headquartered in Bangalore, India, with over 70,000 employees spread across 6 continents. Wipro has grown tremendously since its establishment in 1989. It has consistently grown both in terms of revenue and employee base over the years.
Wipro Limited, founded in 1970, has played an integral role in the growth of India's IT industry and has been ranked as the country's most successful company in the field of Information Technology by Fortune India 500 . Wipro was founded by Azim Premji who started off with two employees – Navin Nischal and Azim Premji – in a two-bedroom apartment in Bengaluru, India. Wipro subsequently began to perform at the second-tier and during its initial years, it focused primarily on manufacturing ICI (acronym for Indian Chemicals and Fertilizers). In 1982, the company decided to expand into the IT industry and established its first development centre in Pune. As a pioneering IT company in India, Wipro started off in manufacturing and testing.
Wipro is the second largest information technology services company in India with revenue exceeding $2 billion per year. Its clients include giants such as Unilever, IBM, Pepsi, and Samsung. It has more than 141,000 employees and a presence in 58 countries. Beyond the tech industry, Wipro provides services to the banking and financial sector, retail and manufacturing industries, government entities, energy and utilities, pharmaceuticals, and telecommunications. It has developed technology solutions in domains as diverse as chemicals and production, consumer products, fast moving consumer goods, insurance, pharma, life sciences, media, entertainment and communications.
Below down are some key points:
1. Global success in the outsourcing business Source: ZDNet
2. Recognized market position in IT Source: The Economic Times
3. Highly automated operation Source: Indian Express
4. Using legacy IT technologies Source: Investor Presentation
5. Learning from mistakes Source: Investor Presentation
6. Strong growth in IT outsourcing business Source: Investor Presentation
7. Strong cash flow Source: Investor Presentation
8. Large global presence Source: Investor Presentation
9. Ability to innovate Source: Investor Presentation
10. The Wipro Badge Source: Investor Presentation
Yes, India is the emerging market which holds incredible growth opportunities. So, it's all about the best opportunities, right? But is it that easy? Not for every business and certainly not for every country. For instance, one of the challenges is to find the right partners, especially in the IT industry. With the rising of Indian economy and the desire to have access to world class IT services, Indian companies are seeking out and strengthening their partnerships with foreign companies and investing in foreign companies to get access to the latest technologies. Thus, in order to ensure that the Indian companies can manage their business in a competitive environment, they need a strong IT partner, and that partner should be a global giant.