Wipro Ltd

Wipro Ltd Overview

Company Headquarter: Bengaluru, India

Founded: 1992

Workforce: ~160,000

Company Overview: Wipro Limited (Wipro) is one of the leading global information technology, consulting, and business process service company. The company operates through three segments, namely IT services, IT products, and Indian state-run enterprises (ISRE). The IT service business group offers a range of IT and IT-enabled services such as digital strategy advisory, customer-centric design, technology consulting, IT consulting, custom application design, and development. The IT products segment offers a range of third-party IT products such as computing, platforms and storage, networking solutions, enterprise information security and software products, including databases and operating systems which allows us to offer comprehensive IT system integration services. The company offers services related to data, analytics & AI; cloud & infrastructure; consulting; applications; digital operations and platforms; and product engineering. Wipro serves 27 industry verticals some of which includes aerospace & defense, communications, automotive, consumer electronics, healthcare, banking, public sector, semiconductor, and pharmaceutical & life science, and engineering & construction. The company’s strategic focus areas include blockchain, smart machines, human-machine interface (HMI), cognitive computing, and 5G. Wipro has its presence in 50 countries across Europe, the Americas, Asia, and the Middle East and Africa.

Strategy

Wipro’s business strategy is based on four pillars—business transformation, modernization, connected intelligence, and trust. To deliver these strategies, the company focuses on four areas—digital, cloud, engineering services, and cybersecurity. The company’s heavy investment in the AI-first strategy to offer differentiated products such as data discovery platform which are being well accepted in the market. The company is investing in scaling end-to-end capabilities across sensors, gateways, connectivity, platforms, analytics, machine learning, and artificial intelligence to drive transformation and offer enhanced solutions to the customers which helps the company to maintain a competitive position in the market.

Company Snapshot

$7.57M

Revenue

160,000

Employees

1992

Founded

SWOT Analysis

Strengths

Wide customer base
High liquidity position
Revenue Growth
Liquidity Position
Customer Base

Weaknesses

High dependency on the US market
Legal Proceedings

Opportunities

Positive outlook for the cloud computing market
Growing adoption of Industry 4.0
Partnerships in construction and heavy machinery
Partnerships and Agreements
Acquisition of Rational Interaction

Threats

Data privacy and security concerns
Fluctuations in currency exchange rates
Exchange Rate Fluctuations
Data Security Concerns

Key Developments

Date	Approach	Development
September 2019	Partnership	BEML and Wipro Infrastructure Engineering (WIN) signed a Memorandum of Understanding (MoU) to collaborate on Hydraulic System Engineering, Aerospace, 3D Printing, Artificial Intelligence, and Industrial Automation. This is a first of its kind MoU for Wipro Infrastructure Engineering with a large Public Sector Enterprise in India.
February 2019	Partnership	Wipro Industries announced the completion of a new plant at Wipro Kawasaki Precision Machinery Private Limited. This plant manufactures, sells, and provides after-sales services for hydraulic equipment for the construction industry in partnership with Kawasaki Heavy Industries, Ltd.

Product Offering

Wipro Ltd
- Hydraulic Components

Financial Performance

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