What we do Wipro Ltd is a global technology services and consulting company providing IT services including digital transformation, consulting, infrastructure, and business process services. |
Founded in 1,945 |
Market share Leading IT services provider in India with a strong global presence in Americas, Europe, and Asia Pacific. |
Problem solved Wipro delivers comprehensive IT solutions that help clients navigate digital transformation, improve efficiency, and innovate with emerging technologies such as AI and cloud. |
Top clients or who we serve Serves global enterprises across financial services, healthcare, manufacturing, retail, and energy sectors; B2B focus with strategic partnerships and ecosystem collaborations. |
Key management Mr. Rishad A. Premji - Executive Chairman; Mr. Srinivas Pallia - CEO and Managing Director as of April 2024. |
Our journey and innovations Founded in 1945, transitioned to IT services post-2013 demerger, expanded globally through acquisitions, pioneered AI, cloud, digital services, and blockchain solutions. |
Where we operate Operations in over 65 countries including Americas, Europe, Middle East, Asia Pacific, and Africa. |
Top products or what we offer IT Services including consulting, application development, infrastructure management, digital transformation, business process services, and IT products integration. |
Top brands Wipro HOLMES AI platform, Wipro Digital, Wipro AssureHealth, Data Discovery Platform, BoundaryLess Data Center solution. |
Raw materials needed Not applicable; primarily service-oriented with software and technology platform dependencies. |
Raw materials supplier Not applicable. |
Recurring vs cyclical contribution Revenue largely recurring through long-term IT services contracts and managed services. |
Our industry position Among top Indian IT firms with significant global revenue, strong in digital, cloud, and engineering R&D services sectors. |
Financial highlights Consolidated revenue approx. ₹89,760 crore with net profit of ₹11,112 crore for FY 2023-24; stable revenues with focus on digital growth. |
Geographical revenue split Revenue mainly from Americas (~60%), Europe (~27%), and Asia Pacific, Middle East, Africa (~13%). |
Order book Not explicitly disclosed; steady pipeline supported by multi-year client contracts and recent acquisitions. |
Whats driving growth Growth driven by digital transformation, AI adoption, cloud services, consulting, and strategic acquisitions such as Capco and Appirio. |
Our future plans Focus on deepening AI, cloud, and automation capabilities; expanding global footprint; investing in innovation hubs and strategic partnerships. |
Our green promise Committed to sustainability with 75% renewable energy use, strong ESG initiatives, and climate action targets. |
Our people and values Over 230,000 employees globally, strong inclusion and diversity focus, culture of innovation and ethical business practices. |
Key challenges ahead Macroeconomic uncertainties, geopolitical risks, evolving technology landscape, and intense competition in IT services. |
Interesting facts First PCMM Level 5 and SEI CMM Level 5 certified IT services company worldwide; nine times named World's Most Ethical Company. |
Risks and strategy Mitigates risks through enterprise risk management, cybersecurity focus, compliance policies, and strategic diversification. |
