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Presented By:

Mohit Chuahan Surabhi Das Pankaj Sharma Deepika Jhamtani Dheeraj Chabbra

Wipro (an acronym of "Western India Palm Refined Oils") started as a vegetable oil trading company in 1947 from an old mill at Amalner, Maharashtra, India founded by M. H. Premji (Azim Premji's father). Repositioned and transformed Wipro

In 1975, it was valued at $2 million In 1979.


Step into world of computer

Wipro started a highly appreciated initiative called WASE - Wipro Academy of Software Excellence in 1996 .Under this program, some of the brightest science graduates are selected and enrolled in an MS (Software Engineering) program in collaboration with BITS, Pilani.

Azim Premji (Chairman). Girish Paranjpye (joint CEO). Suresh Vaswani (joint CEO).

1975 - Diversification into engineering and manufacture of hydraulic cylinders as WINTROL 1977 - Name of the Company changed to Wipro Products Limited. 1990 - Incorporation of Wipro-GE medical systems 1997 -Start of the Six Sigma initiative, defects prevention practices initiated at project level. 1998 - Wipro first software services company in the world to get SEI CMM level 5. 1999 - Wipro's market capitalization is the highest in India. 2000- Wipro listed on New York Stock Exchange.

2001 - Becomes world's first PCMM Level 5 company. technology companies 2002 Ranked the 7th software services company in the world by Business Week 2003 Wipro Technologies Wins Prestigious IEEE Award for Software Process Excellence. Wipro wins the 2003 Asian Most Admired Knowledge Enterprise Award. 2004 Wipro Technologies named Asian Most Admired Knowledge Enterprise second year in a row. IDC rates Wipro as the leader among worldwide offshore service providers.

Growth in Revenue 1988 - Crossed the $10 million mark in annualized revenues. 1996- Crossed the $100 million mark in annualized revenues. 2004- Crossed the $1 Billion 2007 - Wipro acquires US's Info crossing for 600mn.

Major Divisions IT Services. Product Engineering Solutions. Technology Infrastructure Service. Business Process Outsourcing. Consulting Services.

Strength
Large Employee base (10,000) Large number of blue chip Global Diversified Company with strong R&D Contains Best Management

Weakness
Low operating margin of other group companies Free floating stock is very less for the investor

Opportuni ty
Company has good opportunity since sector is growing Likely to benefit from growth prospectus in emerging market

Threat
Slowdown in US Economy Increasing cost of human capital Will face fierce competition in the areas of ebusiness and ASP services

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