History

Started as a vegetable oil company in 1947. Head quarter in Bangalore, Karnataka, India

In 1977, entered the IT sector .

Sales have been growing by more than 25% since 1997. Revenues; USD $6 Billion (2009 )

Bangalore Office

Joint Venture

In 1989, Wipro did a Joint Venture with GE. Sales were not found as expected. GE realized that the India has;
-a

solid base of technology,

- majority engineers speak in English,

- labor hours are more cheaper than U.S.A

( $64,000/ year by U.S programmers $10,000/ year by Indian programmers)

Hard Lesson

By mid 90s, getting 50% of revenues from GE. Soon GE contracted with other companies offering lower cost. To hold GE business, Wipro found to improve operating efficiency. 1st Indian company who adopted 6 sigma process.

GE Expand Operations

GE used India as a base for data entry ,

processing credit cards applications and other clerical tasks performed over internet.

This cuts GEs operating cost by $ 300 million/ year.

Wipro was a major beneficiary of GEs work in India.

Wipro Expand Operations

By 2005, 39000 employees engaged in technology oriented tasks. Through internet, Wipro maintain software applications for companies all over the world in real time. Wipros customers include GE along with HP, Home Depot, Nokia , Sony and Weyerhaeuser.

Value Addition

Wipro is moving upstream into high value applications such as, - in 2002, a signed a deal for storage devices. - in 2004, took responsibility for all development work in Minneapolis , - establishing global supply chain or billing system for large corporations like IBM

Global Company

Wipro has direct sales presence in 35 countries. Hiring local nationals to lead its sales push.

Buying local companies for industry presence.

According to spokesman, using locals
ties that make clients smile, and help us build stronger relationships.
provides cultural and linguistic

Wipro has been moving some product development work from India to developed nations.
9 development centers in Europe. These centers focused on communications between engineer and client where language is a major issue like in Germany.

Thank You