Bangalore, India is transitioning from an IT back office hub to a global technology hub known as the "Silicon Valley of India". Major companies are outsourcing customer care, technical support, billing processing and software development services to India due to competitive costs and skilled labor. Wipro is a $930 million global technology company that was the first Indian company to win a Global Leadership Award and receives the Department of Electronics Award for Excellence annually. It calibrates itself against major competitors in India such as Tata Consultancy.