Wipro

From WikiMD's Food, Medicine & Wellness Encyclopedia

S3 and S4 Building SJP2 Wipro Sarjapur office Photo 182805

Wipro Limited is a leading global information technology, consulting, and business process services company. Recognized for its comprehensive portfolio of services, strong commitment to sustainability, and good corporate citizenship, Wipro has dedicated itself to delivering outstanding value to its clients across various industries.

History[edit | edit source]

Wipro was established on December 29, 1945, in Amalner, Maharashtra, by Mohamed Premji as 'Western India Palm Refined Oils Limited', later abbreviated to Wipro. It initially started as a manufacturer of vegetable and refined oils under the trade names of Kisan, Sunflower, and Camel.

In the 1980s, Wipro shifted its focus to the emerging IT industry and started providing software services to the global market. This pivot was part of a larger trend among Indian businesses to tap into the burgeoning IT and software services sector. Under the leadership of Azim Premji, Mohamed's son, Wipro grew from a modest hydrogenated cooking fats company to a leader in the IT services industry, marking a significant transformation in its business model.

Services[edit | edit source]

Wipro offers a wide range of services in the areas of IT Consulting, Business Process Services, Data Analytics, Cloud Computing, and Cybersecurity among others. The company has made significant investments in digital transformation capabilities, including big data, artificial intelligence (AI), blockchain, and the Internet of Things (IoT), to help clients adapt to the digital era.

Global Presence[edit | edit source]

Wipro has a vast global presence, with offices and development centers across the world. The company serves clients in over 110 countries, employing over 160,000 people of various nationalities. Wipro's global delivery model provides the best resources drawn from its vast talent pool across the globe to offer optimal solutions.

Sustainability and Corporate Social Responsibility[edit | edit source]

Wipro is committed to sustainability and ethical business practices. The company has undertaken various initiatives focused on energy efficiency, waste management, and biodiversity. Wipro's social initiatives are primarily channeled through the Wipro Cares program, which focuses on community care in areas such as education, environment, and health.

Acquisitions[edit | edit source]

Over the years, Wipro has strategically acquired several companies to expand its service offerings and global footprint. These acquisitions have enabled Wipro to enter new markets, acquire new capabilities, and enhance its technological prowess.

Challenges and Opportunities[edit | edit source]

Like many global IT services companies, Wipro faces challenges such as technological disruptions, changing regulatory environments, and intense competition. However, the company continues to see opportunities in digital transformation, cloud computing, and cybersecurity services, which are expected to drive future growth.

Conclusion[edit | edit source]

Wipro Limited has established itself as a leader in the global IT services industry through its commitment to innovation, sustainability, and social responsibility. As the company navigates the challenges and opportunities of the digital age, it continues to leverage its strengths to maintain and enhance its market position.

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Contributors: Prab R. Tumpati, MD