Wipro
Wipro is one of the world's largest and most successful IT services
companies. Known as the "IBM of India," its 145,000 global employees
serve more than 900 clients in 61 countries.
With billions of dollars in annual revenue from IT outsourcing and
software engineering, it's more than a little surprising to learn that
Wipro is short for Western India Vegetable Products.
In 1945, Wipro began manufacturing and selling vegetable oil to Indian housewives. Over the next two decades, the company diversified into soaps, detergent, talcum powder, light bulbs and other consumer goods. It wasn't until 21-year-old Azim Premji took over the company from his father in 1966 that Wipro first expanded into IT.
Premji moved the company's headquarters to Bangalore — India's Silicon Valley —in the 1980s, and started building PCs and designing enterprise software. Today, more than half of Wipro's $6.9 billion revenue comes from the U.S., where it provides outsourced research and development and IT consulting services. Wipro still sells toiletries, lighting and other consumer goods under a corporate subsidiary called Wipro Enterprises Limited.
In 1945, Wipro began manufacturing and selling vegetable oil to Indian housewives. Over the next two decades, the company diversified into soaps, detergent, talcum powder, light bulbs and other consumer goods. It wasn't until 21-year-old Azim Premji took over the company from his father in 1966 that Wipro first expanded into IT.
Premji moved the company's headquarters to Bangalore — India's Silicon Valley —in the 1980s, and started building PCs and designing enterprise software. Today, more than half of Wipro's $6.9 billion revenue comes from the U.S., where it provides outsourced research and development and IT consulting services. Wipro still sells toiletries, lighting and other consumer goods under a corporate subsidiary called Wipro Enterprises Limited.
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