Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading technology services and consulting company focused on creating innovative solutions that address the most complex digital transformation needs of customers.
We leverage our holistic portfolio of capabilities in consulting, design, engineering, operations and emerging technologies to help clients fulfill their bold ambitions and build future-ready, sustainable businesses.
We deliver on our promise to help our customers, co-workers and communities thrive in an ever-changing world.
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What is Wipro?
Wipro Limited (formerly, Western India Palm Refined Oils Limited) is an Indian multinational corporation providing information technology, consulting and business process services. Thierry Delaporte has been serving as the CEO and Managing Director of Wipro since July 2020.
Wipro has capabilities in cloud computing, cyber security, digital transformation, artificial intelligence, robotics, data analytics and other technology consulting services for clients in 167 countries.
History of Wipro
Early years
The Wipro Company was incorporated on 29 December 1945 in Amalner, India, by Mohammad Premji as Western India Vegetable Products Limited, later abbreviated to Wipro. It was initially established as a manufacturer of vegetable and refined oils under the trade names of Kisan, Sunflower and Camellia.
In 1966, after Mohammad Premji’s death, his son Azim Premji took over as the chairman of Wipro at the age of 21.
IT industry changes
During the 1970s and 1980s, the company turned its attention to new opportunities in the IT and computing industry, which was at a nascent stage in India at the time. The name of the company was changed from Western India Vegetable Products Limited to Wipro Products Limited on 7 June 1977. In 1982, the name was again changed, from Wipro Products Limited to Wipro Limited. In 2004, Wipro became the second Indian IT company to generate $1 billion in annual revenue.
Wipro has multiple divisions like
Wipro Technology Services Limited
Wipro Technology Services Limited was established in the year 2004. The company’s business includes providing computer programming services.
Wipro Infrastructure Engineering
Wipro is a supplier of actuators, structural and precision built components to global aerospace OEMs and Tier-1 companies.
Wipro Consumer Care & Lighting
Founded in 1945 as a vegetable oil company, Wipro Consumer Care & Lighting is one of the fastest growing FMCG companies in India, Asia and Africa.
Wipro GE Medical Systems Limited
Wipro GE Healthcare Pvt. Ltd operates as a medical technology and life sciences company. Company offers used products, solutions and services.
Wipro Vs. Infosys: Which IT Company Offers a Higher Salary and Better Perks and Benefits?
Wipro and Infosys are two of the biggest IT companies in India, and every year thousands of people apply to work there.
But deciding which firm to choose can be a challenge.
Take into account the most important parameters and how either company fares.
Work-Life Balance
The pandemic has highlighted the importance of work-life balance, which today is one of the biggest requirements for anyone aspiring to join any firm.
85% of Wipro employees say they have a healthy work-life balance.
86% of Infosys employees also agreed.
Salary Package
This is the first thing that comes to anyone’s mind.
80% of the employees said that Wipro offers a standard salary package, and 82% at Infosys said the same about their employer.
Coworkers
It’s important to know what kind of work environment you’re going into.
82% of the employees feel that they work with friendly colleagues at Wipro.
80% of the employees said that the work environment at Infosys is friendly.
Wipro is named a “high performer” in the HFS report
Wipro, a leading global information technology, consulting, and business process Services Company, has been ranked a “High Performer” in Population Health and Care Management (PHM) Business Services for US Healthcare Providers and Payers by leading global analyst firm HFS Research. April 201
5 Blueprint Report Healthcare is undergoing a transformational change due to the “pay for performance” revolution, empowering patients, and adopting new value-based models of care.
Wipro is a leading provider of analytics and information management solutions, enabling clients to derive actionable business insights from data to accelerate growth, drive cost efficiencies, and strengthen risk management.
Pros and cons of Wipro Technologies
PROS: Wipro Technologies provides awesome training (3 months) to freshers. This is essentially very helpful for people who do not have a computer background, such as people who do not take computers as a subject in school and/or belong to a non-circuit branch of engineering. It helps those who have a computer background refresh their knowledge. The idea behind this training is to put computer and non-computer people on an equal footing before starting work for Wipro Technologies. Training can be difficult at times, but it is ultimately beneficial.
CONS: The main downside is the package provided by Wipro. The package is very low as compared to other companies in the same sector. The environment is so competitive that sometimes it becomes difficult to survive.
Conclusion
Wipro faced many hurdles when it first started, the biggest being that its CEO, in an interview with Forbes, said he was seen as a joke for a consumer care company’s move into technology. So they changed their name from Western India Products Limited to Wipro. It was about credibility. But they invested heavily in R&D and talent. Wipro put in a lot of funding to create custom solutions and build a strong after-sales service network, which was not very prevalent in those days.
Today, the IT industry is strong, and so is Wipro. Wipro has a presence around the world, even in Latin America, where it has been difficult for them to gain experience. Wipro is one such company that keeps on growing and expanding across the globe.
FAQs
1. What is Wipro?
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading technology services and consulting company focused on building innovative solutions that address the most complex digital transformation needs of customers Above. Rs 1,300 from Active Global Customers.
2. What is Wipro’s main product?
Its businesses involve Personal Wash Products, Skincare Products, Male Grooming Products, Toiletries, Wellness Products, Household Products, Electrical Wire Devices, Domestic and Commercial Lighting, and Modular Office Furniture.
3. Wipro is a software company.
Wipro’s Product Software and Software Services practices work with clients to shape disruptive digital systems and applications that catalyze the business models of tomorrow.
4. What is the purpose of the Wipro Company?
The mission statement of Wipro Limited is motivational in the sense that it works towards motivating the employees and workforce to give their best performance towards the achievement of the goal of Wipro Limited.
5. What do you think of Wipro?
It has sound policies, a positive work culture, and the ability to accommodate a multi-cultural and diverse workforce. Wipro’s infrastructure and leadership are exceptional, making it a great company to work for. Related: Interview Question: “Why do you want to join our company?”
6. What is the main objective of a company?
The ultimate goal of any corporation is to earn money. Usually at the expense of another corporation or in business. Say: “taking someone else’s share” or “creating a need or want in the market.”
7. Did Wipro increase salaries?
The company has covered around 96 percent of its employees under this round of annual increments or merit increments (MSI).
