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Wipro

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Wipro
Wipro
Rameshng · CC BY-SA 3.0 · source
NameWipro Limited
TypePublic
IndustryInformation technology, consulting, business process services
Founded1945
FounderMohamed Premji
HeadquartersBangalore, India
Area servedWorldwide
Key peopleRishad Premji, Thierry Delaporte
Revenue(largest segment: IT Services)
Employees(approx.)

Wipro

Wipro is a multinational corporation headquartered in Bangalore, India, offering information technology, consulting, and business process services. Founded in 1945, the company evolved from a consumer goods manufacturer into a global IT services provider with operations across the Americas, Europe, Asia-Pacific, and the Middle East. Its client base spans financial services, healthcare, energy, retail, and public sector organizations, and it competes with other major technology firms on digital transformation, cloud, and outsourcing engagements.

History

The company began as a vegetable oil manufacturer founded by Mohamed Premji in 1945, later diversifying under Azim Premji into personal care, lighting, and computing services during the 1970s and 1980s. Strategic moves in the 1990s and 2000s included expansion into software services, acquisitions in Europe and North America, and listing on Indian and international stock exchanges. Key milestones involved partnerships and contracts with firms in the United States, United Kingdom, Germany, and Japan, alongside leadership transitions that shaped global delivery models and offshore outsourcing practices. The firm navigated industry shifts such as the rise of cloud computing, Agile methodologies, and digital platforms, adapting through investments in artificial intelligence, cybersecurity, and enterprise applications.

Corporate affairs

Corporate governance has featured a board of directors with independent and executive members, led by a chairperson from the founding family and professional CEOs. Financial reporting aligns with Indian accounting standards and international investor relations practices, with listings on major exchanges attracting institutional investors and sovereign wealth funds. Major corporate actions have included mergers and acquisitions, divestitures, and strategic joint ventures in North America, Europe, and Asia. Risk management addresses currency exposure, regulatory compliance in multiple jurisdictions, and service delivery continuity across global delivery centers.

Services and products

Service offerings encompass application development and maintenance, infrastructure management, cloud migration, digital transformation consulting, enterprise resource planning, and customer experience solutions. The company provides industry-specific suites for banking, insurance, healthcare delivery, energy utilities, retail chains, and telecommunications operators. Technology stacks include implementations on platforms from Microsoft, Amazon Web Services, Google Cloud Platform, SAP, Oracle, and Salesforce, combined with automation tools such as robotic process automation and machine learning frameworks. Portfolio components extend to cybersecurity services, analytics and data engineering, Internet of Things solutions, and managed security operations.

Business operations and subsidiaries

Global delivery operates from centers in India, Eastern Europe, Latin America, and Southeast Asia, servicing clients across the Americas, Europe, and the Asia-Pacific region. The corporation expanded through acquisitions of firms specializing in consulting, digital agencies, and engineering services, integrating teams across legal entities in the United States, United Kingdom, Germany, France, Canada, Australia, and Japan. Subsidiaries and strategic units focus on cloud services, BPO operations, product engineering, and industry vertical practices serving clients such as multinational banks, healthcare providers, energy conglomerates, and retail enterprises. Alliances with technology providers and system integrators facilitate joint go-to-market initiatives and co-innovation labs.

Corporate social responsibility and sustainability

Philanthropic and sustainability initiatives have been channeled through trusts and foundations associated with the founding family, emphasizing education, healthcare access, and rural development in India. Sustainability reporting covers greenhouse gas emissions, renewable energy procurement, water stewardship, and worker health and safety across campuses and delivery centers. Programs target skill development and employability for youth, partnerships with academic institutions and vocational schemes, and disaster relief collaborations in response to regional emergencies. Efforts include adherence to international frameworks for environmental and social governance and participation in multi-stakeholder initiatives on corporate sustainability.

Awards and recognition

The organization has received awards and industry recognition for workplace diversity, corporate governance, sustainability reporting, and innovation in digital services. Accolades have come from trade associations, industry analysts, and business publications in Asia, Europe, and North America for capabilities in cloud transformation, managed services, and employee training programs. Certifications and rankings from standard-setting bodies and advisory firms have acknowledged performance in quality management, information security, and investor relations.

Category:Information technology companies of India