Wipro started of in 1947 as a small vegetable oil company founded by Azim Premji's father. With his sudden demise in 1966 Azim, a graduate in Electrical Engineering from Stanford University, USA, took on the mantle of leadership at the age of 21.
He transformed it into one of the largest product development and services outsourcing companies in the world.
In 1981 Wipro started selling computers, going on to become India's top-selling computer maker for two decades. In 1984, Wipro attempted to enter the world of software. It started developing a spreadsheet and word-processing package. This was just the beginning; Wipro had started expanding its research and development facilities for global clients.
Under his leadership, the fledgling $1.50-million company in hydrogenated cooking fats has grown to a billion-dollar company serving customers across the globe.
Today Wipro is an IT Services company ranked among the top 100 technology companies globally.
He transformed it into one of the largest product development and services outsourcing companies in the world.
In 1981 Wipro started selling computers, going on to become India's top-selling computer maker for two decades. In 1984, Wipro attempted to enter the world of software. It started developing a spreadsheet and word-processing package. This was just the beginning; Wipro had started expanding its research and development facilities for global clients.
Under his leadership, the fledgling $1.50-million company in hydrogenated cooking fats has grown to a billion-dollar company serving customers across the globe.
Today Wipro is an IT Services company ranked among the top 100 technology companies globally.
CHRONOLOGY |
1947 : An oil mill and hydrogenated cooking medium plant set up. |
1975 : Wipro Fluid Power set up to manufacture hydraulic and pneumatic cylinders. |
1980 : Information technology services for domestic market started. |
1983 : Software products subsidiary -Wipro Systems Ltd. - established. |
1985 : Toilet soaps manufacture begins. |
1989 : Joint venture with GE of US for medical systems, Wipro GE Medical Systems Ltd. |
1990 : Product software business discontinued; software services begin. |
1992 : Lighting business established. |
1994 : Merger of subsidiaries Wipro Technologies Ltd. and Wipro Systems Ltd. with Wipro Ltd. |
1998 : Relaunch of Wipro identity with Rainbow Flower and positioning statement, "Applying Thought". |
1999 : Software business reaches SEI Level 5 certification. |
1999 : Wipro Net set up by restructuring Wipro Ltd.'s communication services business to address the Internet market. |
2000 : Listing of Wipro Ltd.'s ADRs on New York Stock Exchange. |
(Source: www.wipro.com) |
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