Summer Internship Report On Financial Analysis of Wipro LTD
Summer Internship Report On Financial Analysis of Wipro LTD
Summer Internship Report On Financial Analysis of Wipro LTD
Preface
Acknowledgement
Executive Summary
INDEX
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About Wipro
Values
The Spirit of Wipro is the core of Wipro. These are our
Values. It is about who we are. It is our character. It is
reflected consistently in all our behavior. The Spirit is
deeply rooted in the unchanging essence of Wipro. It also
embraces what we must aspire to be. The Spirit is a
beacon.
It is what gives us direction and a clear sense of purpose.
It energizes us and is the touchstone for all that we do. It
is the indivisible synthesis of the four values.
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Industry Overview
Business Overview
We are a global technology services firm, with employees
across 50 countries and serving enterprise clients across 27
industry verticals.
We provide our clients with competitive advantages by
applying various emerging technologies and ensuring cyber
resilience and cyber assurance. We work with our clients not
only to enable their digital future, but also to drive hyper
efficiencies across their technology infrastructure,
applications and core operations, enabling them to achieve
cost leadership in their businesses.
We are recognized by our clients for our ability to bring in “an
integrated perspective”, i.e., our ability to bring together
broad and deep technology and domain expertise, our ability
to draw learnings and apply insights from one company or
sector to another and our ability to provide end-to-end
services. Our clients value our consistent excellence in
execution and our ability to proactively incorporate relevant
innovation.
Going forward, digital enterprises will increasingly require
partners, such as Wipro, who are able to bring capabilities
that span across consultancy, design, engineering, systems
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The vision for our business is “to earn our clients’ trust and
maximize value of their businesses by helping them in their
journey to ‘re-invent’ their business and operating models
with our ‘Digital’ first approach and best in class execution.”
For example, our “Big Bet” in each of Digital and Cloud are at
the heart of our Business Transformation and Modernization
pillars, while our “Big Bet” in Industrial and Engineering
services is central to our Connected Intelligence pillar and our
“Big Bet” in cybersecurity is central to our Trust pillar.
Talent, IPs/ Platforms & Open Innovation are underlying
strategies that support the four pillars. Business
Transformation
Business Transformation is about transforming the customer
experience at scale and generating new revenue models
through a consulting-led approach combining deep domain
and technology expertise and strategic design capabilities,
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Connected Intelligence
Connected Intelligence is about driving outcomes
through HOLMESTM, our Data Discovery Platform and
use-case based AI solutions and building strong industrial
& engineering service capabilities and assets in areas
such as Autonomous systems, IoT,5G, etc. We have
adopted an “AI First” strategy, which entails acquiring
and assimilating data, driving accurate decisions and
delivering measurable business outcomes., e.g. Faster
Time-to-Market.
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Trust
Trust is about addressing a changing security, privacy &
regulatory landscape driven by ubiquitous technology
through a consulting led approach to Cyber-security.
We have adopted a consulting-led approach in areas
such as enterprise risk management, data privacy and
control assurance and we have leveraged cognitive
automation, e.g., automated incident detection and
response, to drive security.
We are scaling assets such as our cyber defense
assurance platform (“CDAP”) and working with security
ecosystem partners and governing bodies, such as Cloud
Security Alliance and Wipro Ventures Portfolio (IntSights,
CyCognito, Vectra).
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Open Innovation
Open Innovation is about tapping the innovation
ecosystem to bring the best solutions to our customers
through vehicles such as Wipro Ventures, through which
we invest in start- ups relevant to enterprises, Partner
ecosystem, Academia partnerships , our Horizon
Program, which is our organic intrapreneurship initiative,
our Crowdsourcing Model (Topcoder), Expert Networks
and M&A.
IT Services Competition
The market for IT services is competitive and rapidly
changing. Our competitors in this market include global
consulting firms and IT services companies as well as
local and niche services providers.
The following factors differentiate us from our
competition:
1. The comprehensive and integrated suite of IT
solutions, including digital strategy advisory, customer-
centric design, technology consulting, IT consulting,
custom application design, development, re-engineering
and maintenance, systems integration, package
implementation, cloud infrastructure services, mobility
and analytics services, business process services,
research and development and hardware and software
design.
2. Wipro Digital’s integrated propositions in customer
mapping and interaction, seamless integration and data
science and insight differentiate its approach with
customer journey engineering.
3. Our organizational culture of innovation and our early
start in deploying cutting edge platforms and
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IT Products
In order to offer comprehensive IT system integration
solutions, we use a combination of hardware products
(including servers, computing, storage, networking and
security), related software products (including databases
and operating systems) and integration services. We
maintain a presence in the hardware market by providing
suitable thirdparty brands as a part of our solutions in
large integrated deals.
Our range of third-party IT Products is comprised of
Enterprise Platforms, Networking Solutions, Software
Products, Data Storage, Contact Center Infrastructure,
Enterprise Security, IT Optimization Technologies, Video
Solutions and End-User Computing solutions.
IT Products Customers
We provide our offerings to enterprises in all major
industries, primarily in the India market, including
government, defense, IT and IT-enabled services,
telecommunications, manufacturing, utilities, education
and financial services sectors. We have a diverse range of
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IT Products Competition
Our competitors in the IT Products market include global
system integrators as well as local and niche services
providers operating in specific geographies like India.
One of the major challenges we encounter is margin
pressure due to competitive pricing.
Achieving mindshare and market share in a crowded
market place requires differentiated strategies on
pricing, branding, delivery and products design.
In the system integration market, we believe we are
favorably positioned based on our brand, quality
leadership, expertise in target markets and our ability to
create customer loyalty by delivering value to our
customers.
The following factors differentiate us from our
competition:
1. Our decades of experience in serving in the IT
business, proven track record of delivery excellence and
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BIBLIOGRAPHY
Books:
Websites
http://www.wipro.com
http://www.bseindia.com//shareholding/shareholding_new.asp
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http://www.cmie.com//indutries//gdp.asp
http://www.wipro.com/investors/annual_reports.htm
http://www.wipro.com/investors/pdf_files/AR07_08_first_book_final.pdf
http://www.wipro.com/investors/pdf_files/AR07_08_second_book_final.pdf
http://www.wipro.com/investors/pdf_files/Wipro_AR_2006_07_Part_1.pdf
http://www.wipro.com/investors/pdf_files/Wipro_AR_2006_07_Part_2.pdf
http://www.wipro.com/investors/pdf_files/Wipro_annual%20report_2005-06.pdf
http://www.wipro.com/investors/pdf_files/Wipro_Annual_Report_2004_2005.pdf
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