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Last Updated: 2026
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Wipro

Summary
History
Mission
Vision
References
Summaryarrow

Wipro is a global information technology, consulting and business process services company.Wipro is a global information technology, consulting, and outsourcing company with a 160,000+ workforce serving clients in 175+ cities across 6 continents. The company posted revenues of $7.6 billion for the financial year ended Mar 31, 2015. Wipro helps customers do business better by leveraging Wipro industry-wide experience, deep technologyexpertise, comprehensive portfolio of services and vertically aligned business model. Wipro's 55+ dedicated emerging technologies ‘Centers of Excellence’ enable them to harness the latest technology for delivering business capability to our clients. Wipro is globally recognized for its innovative approach towards delivering business value and its commitment to sustainability. Wipro champions optimized utilization of natural resources, capital and talent. Today Wipro is a trusted partner of choice for global businesses looking to ‘differentiate at the front’ and ‘standardize at the core’ through technology interventions. In today’s world, organizations will have to rapidly reengineer themselves and be more responsive to changing customer needs. Wipro is well positioned to be a partner and co-innovator to businesses in their transformation journey, identify new growth opportunities and facilitate their foray into new sectors and markets. Wipro Technologies, a division of Wipro Limited (NYSE:WIT) is is an Indian multinational provider of Information Technology services, Consulting and Business Process Outsourcing. It is the first PCMM Level 5 and SEI CMM Level 5 certified global IT services organization and has a worldwide presence with global centers across 54 countries. Wipro Technologies was recently assessed at Level 5 for CMMI V 1.2 across offshore and onsite development centers.

Historyarrow

1945: Azim Premji, in full Azim Hasham Premji, (born July 24, 1945, Bombay [now Mumbai], India), Indian business entrepreneur who served as chairman of Wipro Limited, guiding the company through four decades of diversification and growth to emerge as a world leader in the software industry. Wipro was founded on December 29, 1945, and is headquartered in Bangalore, India.“ 1945: Wipro Limited is incorporated.

1966: In 1966, just before Premji was to complete his degree in engineering at Stanford University, his father died unexpectedly.

1968: 1968: Founder's son, Azim Hasham Premji assumes leadership of company.

1971: By 1971 business nearly doubled from when Azim Premji took over.

1975: The company's first departure from its main cooking oil business came about in 1975.

1977: But in 1977 the Indian government decided to throw out United States computer giant IBM over a dispute about investment and intellectual property, creating what Premji saw as a golden business opportunity.

1979: And under the direction of P.S. Pai, Wipro's consumer care division expanded beyond oil in 1979, establishing operations in soaps, toiletries, and baby care products.

1980: In 1980 Wipro launched information technology services for the domestic market, setting up in Bangalore a crack-team of R&D and marketing managers, headed by Ashok Narasimhan.

1981: Ventured into the fledgling IT industry in 1981

1983: Established software products and exports subsidiary, Wipro Systems Ltd. in 1983

1985: 1985: Wipro begins to manufacture toilet soaps, PCs, and dot-matrix printers.

1989: Established a Joint venture with GE in 1989

1992: 1992: Lighting business is established.

1995: Wipro discarded its PC brand in 1995 when it formed a joint venture with Acer, a Taiwan-based computer and peripherals manufacturer and distributor.

1997: And even its Six Sigma quality initiative, which aimed to reduce the defect rate to virtually nothing, already led to an eightfold gain over the investments in its first 20 months, which began in 1997.

1998: Wipro GE emerged as the largest healthcare systems company in South Asia in 1998, and in that same year, became the top exporter of such systems in India.

1999: In 1999 Premji officially completed his degree from Stanford through a distance-learning arrangement.

2000: Instead of doing small portions of large IT software solutions, Wipro would set out to develop comprehensive, end-to-end solutions, which included both software services and hardware, and often involved outsourcing the simpler code work to other countries. For example, in August of 2000, Wipro launched a "Portal-in-a-Box," which was a fixed-price, end-to-end solution to help businesses create a sales presence on the Web.

2001: By the end of March 2001, the company's net income hit a record $138 million (up 106 percent from the previous year), and operating margins grew from 18 to 24 percent that same year. In 2001 he established the nonprofit Azim Premji Foundation, through which he aimed to improve the quality of elementary education in rural regions throughout India. The first company in the world to be assessed at PCMM Level 5 in 2001

Missionarrow

Business through technology – helping clients create successful and adaptive businesses.

Visionarrow

Contribute for global e-society, where a wide range of information is being exchanged beyond time and space over global networks, which breaks down the boundaries among countries, regions and cultures, allowing individuals to take part in various social activities in an impartial, secure way. Continous effort to enhance people's lifestyle and quality by means of developing new technology in wireless communication.

Referencesarrow

https://en.wikipedia.org/wiki/Wipro

https://www.zippia.com/wipro-careers-44752/

https://www.companieshistory.com/wipro/

https://sec.report/CIK/0001730314

https://companiesmarketcap.com/largest-companies-by-revenue/

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Leadership team
M
Mohamed Premji (Founder)
R
Rishad Azim Hasham Premji (Founder Chairman)
Products / Services
Personal care, Health care, Lighting
Number of Employees
Above 50,000
Address
Bengaluru, Karnataka, India
Established
1945-01-01
Company Registration
SEC CIK number: 0001730314
Net Income
$1B – $20B
Revenue
$1B+
Traded as
WIPRO
Website
www.wipro.com
Social Media
facebookx
Last Updated: 2026
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