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WIPRO LIMITED company & industry profile
- 1. SUMMER INTERNSHIP & INDUSTRYANALYSIS ON WIPRO BIBIN T GEORGE MBA 1ST YEAR
- 2. COMPANY PROFILE Western IndiaPalm Refined Oil Limited (WIPRO Limited) • Wipro Limited is an Indian multinational corporation that provides information technology, consulting and business process services. • Headquartered in Bangalore, India. • Founder : Mohamed premji. • The company was incorporated on 29 December 1945 . • In 1966, after Mohamed Premji's death, his son Azim Premji took over Wipro as its chairman at the age of 21.In 2019 his son Rishad Premji took over as chairman • 3rd Biggest IT company in india. • Market capitalization:2.94lakh crore • Share price:541
- 3. VISION To earn theirclients' trust and maximize the value of their business by providing solutions that integrate deep industry insights, leading technologies and best in class delivery process. MISSION Their mission is to drive superior customer experience and maximize returns by bringing down operating costs and improving efficiency, quality and productivity.
- 7. Services of wiprolimited • Data.Analytics & AI Services
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- 9. • Digital operations& platforms Services
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- 12. CSR INITIATIVES • CommunityHealthcare • Education for Underprivileged , children with disability etc. • Environmental sustainability • Rural livelihood programs • Disaster relief • Azim Premji University • Santoor Women’s Scholarship • Engineering and IT scholarships • Azim Premji Foundation Wipro CSR spending for 2019-20 was 1,818 million.
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- 15. SWOT SWOT Analysis ofWipro STRENGTHS WEAKNESSES THREATS OPPORTUNITIES • Strong Brand Portfolio • Skilled manpower • Global R&D facility • Strong dealer community • Not a proactive company • Small player in the global market • Limited Domain • Low Investment in R&D • Huge global market • Huge potential in domestic market • Scope of expansion • Rising export from industry • Presence of big companies in the market • Competition by companies in the market • Increasing cost human capital
- 16. IT INDUSTRY • GlobalIT service providers offer a range of end–to-end software development, digital services, IT business solutions, research and development services, technology infrastructure services, business process services, consulting and related support functions • According to the Strategic Review 2020 published by NASSCOM, IT export revenues from India grew by 8.1% to an estimated $147 billion in the fiscal year 2020. India’s global IT industry grew by 7.7% to reach $191 billion during the year ended March 31, 2020 • According to the NASSCOM Report, “Digital” continues to drive growth (more than 50% of growth in fiscal year 2020) and now contributes $51 billion to the overall IT industry in India. Technologies such as industrial automation, robotics, cloud, Internet of Things (“IoT”), augmented reality (“AR”)/virtual reality (“VR”) and blockchain continues to fuel growth • Big data and analytics, cloud computing, cybersecurity and advanced technologies such as artificial intelligence (“AI”), machine learning (“ML”), IoT, robotics, and 3D printing are profoundly impacting enterprise, government and end consumer segments by enabling new business opportunities across sectors. • According to IBEF “ India’s IT industry contributed around 7.7% to the country’s GDP and is expected to contribute 10% to India’s GDP by 2025”.