0 penilaian0% menganggap dokumen ini bermanfaat (0 suara)
538 tayangan19 halaman
Wipro is an Indian conglomerate founded in 1945 that initially traded vegetable oils but later diversified into IT, consumer goods, and other industries. It is now India's second largest IT company based on 2008-09 revenue. Wipro entered the IT sector in 1975 and began developing its own computers in 1979. Since then, it has expanded globally through acquisitions, partnerships, and organic growth. Currently, IT services and products account for 69% of Wipro's revenue.
Wipro is an Indian conglomerate founded in 1945 that initially traded vegetable oils but later diversified into IT, consumer goods, and other industries. It is now India's second largest IT company based on 2008-09 revenue. Wipro entered the IT sector in 1975 and began developing its own computers in 1979. Since then, it has expanded globally through acquisitions, partnerships, and organic growth. Currently, IT services and products account for 69% of Wipro's revenue.
Wipro is an Indian conglomerate founded in 1945 that initially traded vegetable oils but later diversified into IT, consumer goods, and other industries. It is now India's second largest IT company based on 2008-09 revenue. Wipro entered the IT sector in 1975 and began developing its own computers in 1979. Since then, it has expanded globally through acquisitions, partnerships, and organic growth. Currently, IT services and products account for 69% of Wipro's revenue.
ON GLOBAL MARKETING IN WIPRO GROWING IN STRENGTH 3/23/2010 1 @ Marketing management 2010 HISTORY OF WIPRO Wipro Limited is a $5 billion Indian conglomerate. According to the 2008-09 revenue, Wipro is the second largest IT Company of India. Wipro Ltd has interests varying from information technology, consumer care, lighting, engineering and healthcare business. Type- Public Founded- 1945 Founders- M.H.Premji Headquarters- Bangalore, Karnataka India Key people- Azim Premji, Chairmain, Girish Paranjpye joint CEO, Suresh Vaswani joint CEO HISTORY ABOUT THE COMPANY:- 1.Wipro(Western India Palm Refined Oils) started as a vegetable oil trading company in 1947 in Maharashtra founded by Azim Premjis father. 2. Azim Premji succeeded his father and repositioned Wipro into a consumer goods company that produced hydrogenated cooking oils/fat company, laundry soap, wax and tin containers and later set up Wipro Fluid Power to manufacture hydraulic and pneumatic cylinders in 1975. 3/23/2010 2 @ Marketing management 2010 3.In 1975 when IBM was asked to leave India, Wipro entered into the information technology sector 4.In 1979, Wipro began developing its own computers and in 1981, started selling the finished product 5. In 1980 Wipro moved into software development and started developing customized software packages for their hardware customers 6.Since 1992 Wipro began to expand off shore in US and by 2000 Wipro Ltd ADRs were listed on the New York Stock Exchange 7.First CMMi Level 5 certified software services company 8.First company outside USA to receive the IEEE Software Process Award 9.55+centers of Excellence creates customized solutions irrespective of domain involved 3/23/2010 3 @ Marketing management 2010 GROWTH DURING THE RECENT YEARS Segment Revenue Rs.Crores Growth YoY PBIT Rs.Crores Growth YoY IT Services 5165 2% 1218 17% IT Products 1011 22% 61 51% Consumer care & Lighting 574 18% 75 20% Sree'Z mapmaking.docx 3/23/2010 4 @ Marketing management 2010 What does Wipro Identity stand for.docx SWOT ANALYSIS OF WIPRO IN THE CURRENT SCENARIO Large Employee Base: (42000 as on 2005- 06 with low attrition rate) Large number of Bluechip Clients like Nortel, Compaq and Seagate Operating profit margins at 32.3% lower than its peers. Global partner with GM, Nike, JP Morgan, Franklin Templeton, ABN Amro, GM, Boeing and GE, and 300 others Global delivery model: Market leader in Offshore, consulting and business process outsourcing business. Global Diversified company with a strong R&D division twice as large as TCS. STRENGTH Large Employee Base: (98,391 as on 27 th Oct 2009) Diversified operations & Broad range of Research and Development services Global delivery model: Market leader in Offshore, consulting and business process outsourcing business. Global Diversified company with a strong R&D division twice as large as TCS and Infosys. WEAKNESSES High reliance of US and European markets. Higher attrition Dependence on mature market 3/23/2010 5 @ Marketing management 2010 OPPORTUNITIES IT Sector is booming Innovations of latest Technologies Good scope for expanding business New global development centers Strategic alliances THREATS Increase in English speaking people in other countries. Emerging Small IT companies Unrelated diversification of other multinational companies. Changing laws, regulations and standards Immigration restrictions Exchange rate fluctuations Contd... 3/23/2010 6 @ Marketing management 2010 BUSINESS LEVEL STRATEGIES 3/23/2010 7 @ Marketing management 2010 COMPETATIVE STRATEGIES 1.Technological excellence. 2.Innovative solutions 3.Operational excellence 4.Global footprints COST LEADERSHIP FOCUS Search engine promotion Thought leadership content on leading IT portals and directories Web seminars and events Website content MARKETING STRATEGIES: Wipro focuses largely on pull marketing initiatives, targeting prospective clients while they are searching for relevant IT information. Mostly this mean web based marketing with four key components:- 3/23/2010 8 @ Marketing management 2010 1.Planning to aggressively develop the R&D services by focussing on high growth markets Dedicated sales team for Europe and Asia 2.Focused on New Client Acquisition in Europe & Asia 3.Wipros own website is the fulcrum of the entire lead-generation program 4.Consciously focused on increasing the revenue contribution from higher-end service lines 5.Special offers and more than 400 case studies to get visitors to demonstrate and register their special interests 6. Comprehensive Web monitoring 7. Wipro uses permission marketing to strengthen relationships and move prospects along the sales cycle 8. Marketing team relies on the prospect database to create carefully targeted lists based on incoming traffic, client profiles, and ongoing web activity 3/23/2010 9 @ Marketing management 2010 BCG MATRIX 3/23/2010 10 @ Marketing management 2010 WIPRO INFOTECH The strategic business units of Wipro are, Wipro infrastructure,Wipro infotech, Wipro ligtining and Wipro consumer durables and Wipro Technologies 3/23/2010 @ Marketing management 2010 11 Source for WIPRO Infoteh: Wipro Infotech had a good third quarter this fiscal. The arm recorded revenues of Rs 700.8 crore, a growth of 76% Y-o-Y and a PBIT of Rs 58.7 crore, a growth of 56% Y-o-Y. The services business contributed 32% to the total revenues and grew 49% Y-o-Y, while the products business grew 91%. The divisions contribution to Wipros total sales stood at 18% in the third quarter as against 15% in the previous two quarters. Wipro Infotechs share of Wipros PBIT was 7%. Source for WIPRO technologies : Europe has been one of the fastest growing markets for Wipro. For the fiscal year 2005-06, Revenues from Wipros the European operations delivered 48% growth rate and contributed more than 32% to Wipros IT Services revenues. WIPROS ORGANISATIONAL STRUCTURE IT Business has two organizations Wipro InfoTech Wipro Technologies Wipro InfoTech serves India, West Asia, and Asia Pacific Wipro Technologies handles global business In functional term the Company has a matrix structure with three verticals and two horizontals. VERTICALS: 1) $1.06 billion technology business 2) $1.4 billion enterprise business 3) $799 million financial service business HORIZONTAL: 1) $1.1 billion global practices business 2) $290mmillion BPO operation 3/23/2010 12 @ Marketing management 2010 ORGANIZATION CHANGE MANAGEMENT Wipro provides real solutions to business challenges like mergers and acquisitions. Wipro works with the clients in following ways Team with leadership to create a business vision that facilitates a guided coalition of leadership to support the business change imperatives. Collaborate with management to rationalize current state staffing and model future state requirements. Perform a comprehensive organizational assessment and create an optimal design to realize the business vision. Conduct a workforce assessment to define the complimentary resources that facilitate realization of the business vision. Design action plans to develop or on-board requisite skills for the organization's future state needs. 3/23/2010 13 @ Marketing management 2010 WIPROs STRATEGY TO GO GLOBAL PAST STRATEGIES: Growth has four faces: Organic,acquisition,diversification and joint venture. Growth Strategy over the past years has shown a marked change from earlier pattern.Between 1966-2009,it grew through diversification ,patnerships and organically, through Innovations. RECENT STRATEGIES: IT services and product segment accounted for 69% of the companys revenue during the Fical year ended March 31,2009.WIPRO provided its clients with customized IT soultions In the area of IT services,technology infrastructure and R & D Services. WIPRO Provides services to banking segment,manufacturing segment,energy industry Etc. 3/23/2010 14 @ Marketing management 2010 WIPROS STRATEGY REVOLVES MAINLY AROUND THREE POINTS: Service line Expansion Building a full port-folio of technology services. Quality leadership Quality standards such as six-sigma,effort to become global six-sigma leader. Investing in human capital WT is investing a lot in training,not only on the technology side but also on teaching its engineer how to become consultants.This helps them to take on large and complex projects and drive them out of India. WIPROs STRATEGY FOR FUTURE GROWTH Wipro expects to significantly grow its global IT services business and the percentage of its total revenues and profits contributed by this business over the next few years. It hopes to achieve this objective by identifying and developing service offerings in emerging growth areas as separate business opportunities, such as infrastructure support services, business intelligence services and telecommunication, internet and application service providers. 3/23/2010 15 @ Marketing management 2010 CHALLENGES OF WIPRO Movement of Employees: Immigration & Visa Issues Universal Recognition of Qualifications, Experience and Training Employment laws enforcing local hiring Social Security Tax Government Regulation on Business Entity & Vendor Selection: Structure of Entity (Branch, JV, Fully owned Subsidiary etc.) Restrictions on Foreign Investments & Local equity participations Remittance of foreign exchange Staffing & Management conditions Other Challenges: Macro environment related Business model related Financial They have been less focused on Brand and more on sales.But offlate the need for brand was Realized by them and started to campaign APPLYING THOUGHTS 3/23/2010 16 @ Marketing management 2010 SUGGESTIONS AND RECOMMENDATIONS: Product Diversification: It can move to related-diversified towards telecommunication and Mobile handsets in India, which is a 3 largest user for Mobile phones. and other emerging countries Strategic Business Units which are right now in question Mark (BCG Matrix) should increase their market share by implementing long term strategies to become in the star mark(BCG Matrix). It should strengthn the domestic market as well by taking the advantages of liberlisation and Globalisation. Increase their number of clients. Wipro can take the strategic advantage of growing market demand of retails which is booming in Indian Market by having strategic alliance with different Retail Companies. 3/23/2010 17 @ Marketing management 2010 GROWTH OF THE COMPANY SWOT ANALYSIS WIPROS STRATEGY TO GO GLOBAL BUSINESS LEVEL STRATEGIES WIPROS ORGANISATIONAL STRUCTURE 2 3 4 CHALLENGES AND SUGGESTIONS 5 6 7 HISTORY OF WIPRO 1 CONTENTS 3/23/2010 18 @ Marketing management 2010 THANK YOU ! From our beloved team.. SRINIVAS RAO.K 9037438142 Group NO:4 3/23/2010 19 @ Marketing management 2010 Source:www.wipro.com