Sunday, April 12, 2015

Company Profile Of WIPRO-Applying Thought

 

COMPANY PROFILE:

Founded            :1945

Founder             :M.H.Premji

Headquarters   :Bangalore, Karnataka, India.

Key people       :Azim Premji (chairman)

                             Girish paranjpe (joint CEO)

                             Suresh vaswami (joint CEO)

HEAD OFFICE :

WIPRO Technologies

Doddakennelli sarjapur road

Bangalore -560 035.

Mission Statement Our Vision
Contribute for global e-society, where a wide range of information is being exchanged beyond time and space over global networks, which breaks down the boundaries among countries, regions and cultures, allowing individuals to take part in various social activities in an impartial, secure way. 


Continous effort to enhance people's lifestyle and quality by means of developing new technology in wireless communication.


Our mission is to be a RF System Solution Provider, through its innovative research and design works for a new world of broadband wireless communications. 


 

Ø  Wipro Ltd (NYSE:WIT) is a global information technology, consulting and outsourcing company with 156,866 employees serving clients in 175+ cities across 6 continents.

 

Ø  The company posted revenues of $7.3 billion for the financial year ended Mar 31, 2014.

 

Ø  Wipro helps customers do business better by leveraging our industry-wide experience, deep technology expertise, comprehensive portfolio of services and vertically aligned business model.

 

Ø  Our 55+ dedicated emerging technologies ‘Centers of Excellence’ enable us to harness the latest technology for delivering business capability to our clients.

 

Ø  Wipro is globally recognized for its innovative approach towards delivering business value and its commitment to sustainability.

 

Ø  Wipro champions optimized utilization of natural resources, capital and talent.

 

Ø  Today we are a trusted partner of choice for global businesses looking to ‘differentiate at the front’ and ‘standardize at the core’ through technology interventions.

 

Ø  In today’s world, organizations will have to rapidly reengineer themselves and be more responsive to changing customer needs. Wipro is well positioned to be a partner and co-innovator to businesses in their transformation journey, identify new growth opportunities and facilitate their foray into new sectors and markets.

 

Ø  Wipro helps customers do business better by leveraging our industry-wide experience, deep technology expertise, comprehensive portfolio of services and vertically aligned business model.

 

Ø  Our 55+ dedicated emerging technologies ‘Centers of Excellence’ enable us to harness the latest technology for delivering business capability to our clients.

 

Ø  Wipro is globally recognized for its innovative approach towards delivering business value and its commitment to sustainability.

 

Ø  Wipro champions optimized utilization of natural resources, capital and talent.

 

Ø  Today we are a trusted partner of choice for global businesses looking to ‘differentiate at the front’ and ‘standardize at the core’ through technology interventions.

 

Ø  In today’s world, organizations will have to rapidly reengineer themselves and be more responsive to changing customer needs. Wipro is well positioned to be a partner and co-innovator to businesses in their transformation journey, identify new growth opportunities and facilitate their foray into new sectors and markets.

 

 

Our Goals:

·         To support customers who rely on our ability as an advanced RF System Solution Provider

·         To build up core competencies through collaboration with technological partners

·         To contribute to the Ubiquitous Networking Society by providing chip level RF system solutions


Our Values:

·         Outstanding

·         Teamwork

·         Challenge

·         Spirit

 

 

Milestones

Wipro, one of the world’s most trusted brands, is a name with a long history. Here’s a snapshot of our journey to date:   

Ø  Established in 1945 as Western India Vegetable Products Limited in Amalner, Maharashtra

Ø  IPO for capital in February 1946

Ø  Ventured in to the fledgling IT industry in 1981

Ø  Established software products and exports subsidiary, Wipro Systems Ltd. in 1983

Ø  Pioneers in marketing indigenous Personal Computers in 1985

Ø  Established a Joint venture with GE in 1989

Ø  Entered IT services in the 1990s – we were among the pioneers in developing the ODC (Offshore Development Center) concept

Ø  Software business assessed at SEI-CMM Level 5 in 1998

Ø  Listed on NYSE in 2000 (NYSE:WIT)

Ø  The first company in the world to be assessed at PCMM Level 5 in 2001

Ø  Entered the BPO business in 2002

Ø  Entered the Eco-energy business in 2008

 

Awards and recognitions

Ø  In May 2013, it was ranked 812th on the Forbes Global 2000 list.

Ø  Wipro was ranked 2nd in the Newsweek 2012 Global 500 Green companies.

Ø  It was recognized by the Ethisphere Institute as one of the World’s Most Ethical (WME) Companies in 2013, for the second year in a row.

Ø  Wipro received the 'NASSCOM Corporate Award for Excellence in Diversity and Inclusion, 2012', in the category 'Most Effective Implementation of Practices & Technology forPersons with Disabilities'.

Ø  In 2012, it was awarded the highest rating of Stakeholder Value and Corporate Rating 1 (SVG 1) by ICRA Limited.

Ø  It received National award for excellence in Corporate Governance from the Institute of Company Secretaries of India during the year 2004.

Ø  In 2014, Wipro was ranked 52nd among India's most trusted brands according to the Brand Trust Report, a study conducted by Trust Research Advisory.

 

Services

Ø  Analytics



Ø  Cloud


Ø  Digital






Ø  Mobility


Ø  Product Engineering

 

FUTURE DRIVERS

Ø  Cognitive systems

Ø  Smart devices

Ø  Man –machine interface

Ø  Next- generation application architecture

Ø  Robotics and drones

Ø  Software defined everything


WIPRO BOARD OF DIRECTORS


Our Chairman Azim H. Pre​mji, Sr. executives of Wipro and external members who are global leaders and visionaries, form the​ Wipro Board of Directors which provides direction and guidance to the organization.

CHAIRMAN

 

Azim H. Premji


Chairman,
Wipro Ltd.


EXECUTIVE DIRECTOR

T K Kurien

CEO & Member of the Board,
Wipro Ltd.

INDEPENDENT DIRECTORS

 

Dr. Ashok S. Ganguly


Independent Director



Ireena Vittal

Independent Directo


Dr. Jagdish N. Sheth


Independent Director

M. K. Sharma

Independent Director
 

Narayanan Vaghul

Independent Director
 

Vyomesh Joshi

Independent Director
 
 
 

William Arthur Owens

Independent Director


Sustainability at Wipro

Ø  Wipro’s approach to sustainability is structured on enabling itself, as an organisation, and its customers to be more ecologically sustainable.

Ø  It is driven by issues considered important to employees, India current and future generations, customers, investors, suppliers, and the community as a whole.

Ø  Wipro has been ranked 1st in the 2010 Asian Sustainability Rating (ASRTM) of Indian companies and is a member of the NASDAQ Global Sustainability Index as well as the Dow Jones Sustainability Index.

Ø  In November 2012 Guide to Greener Electronics, Greenpeace ranked Wipro first with a score of 7.1/10.

 

Listing and shareholding

Listing: Wipro's equity shares are listed on Bombay Stock Exchange where it is a constituent of the BSE SENSEX index, and the National Stock Exchange of India where it is a constituent of the S&P CNX Nifty. The American Depositary Shares of the company are listed at the NYSE since October 2000.

Shareholding: On 30 September 2013, 73.51% of the equity shares of the company were owned by the promoters: Azim Premji, his family members, partnership firms in which he is a partner and Trusts formed by him/his family. The remaining 26.49% shares are owned by others.

 

Shareholders (as on 30-September-2013)
Shareholding
Promoter group led by Azim Premji
73.51%
Foreign Institutional Investors (FII)
08.82%
Indian Public
05.31%
Bodies Corporate
03.89%
01.90%
01.04%
Trusts/Others
00.84%
01.93%
Total
100.0%

 

Employees

Ø  At the end of FY 2013-14, its employee strength was 147,452.

Ø    Its global workforce consists of 98 nationalities working from 61 countries, 175+ cities across 6 continents.

Ø  Approx. 8.5% of its workforce is non-Indian. The average age of a Wipro employee is 29 years.

Ø  The attrition rate for 2013-14 was 15.1%. During 2012-13, the company incurred Description: INR180 billion on employee benefit expenses.

Spirit of WIPRO:

Created to reflect the core of what WIPRO stands for, ‘The spirit of WIPRO’ attempts to bring WIPRO culture back to the roots with which we began our journey. This concept is not only rooted in current reality, but it also represent what WIPRO aspires to be, thus making it future.

Intensity to win:

Make customer successful. Team , Innovate, Excel

Corporate culture:

Everyday at WIPRO is challenging and thought-provoking what is tested is your drive, enthusiasm and initiative. New ideas are appreciated and innovations is encouraged. If you have suggestion and a plan to take it forward- you will get all the necessary support to transform it into action.

Higher studies at WIPRO:

·         WIPRO recruits Engineering and non-Engineering students through entrance exam.

·         Both science and non-science graduate can apply to WIPRO  which has two programmes.

·         One, WIPRO Academy of software Excellence (WASE) and

·         Two, through regular Employment.

WIPRO Academy Of Software Excellence (WASE)

WASE offers Bsc, BCA and BCM final year students an MS degree in software Engineering

WIPRO has tied up with BITS Pilani to offer 8 semesters MS degree programme.

WASE Entrance Exam (WET)

To enter WASE, science graduates have to clear two stage hurdles: WET and HR interview

WET has 3sections:

·         Verbal

·         Analytical

·         Mathematics

HR interview: personal interview.

About Recruitment test:

The selection process consists of 3 rounds

·         Written test

·         Technical round

·         HR round

 

 
 

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