Last $192.39 MXN
Change Today +3.17 / 1.68%
Volume 587.0
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wipro ltd-adr (WITN) Snapshot

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01/30/15 - $192.39
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wipro ltd-adr (WITN) Details

Wipro Limited provides information technology (IT) products and services worldwide. It operates in two segments, IT Services and IT Products. The IT Services segment offers software application development services; application maintenance services; research and development services for hardware and software design; analytics and information management services, such as business analytics, business intelligence and performance management, and information management; and business process outsourcing (BPO) services, including pre-built process asset based solutions, industry focused and platform based solutions, driving predictable business outcomes, investing in industry leading BPO platform, and integrated IT BPO services. It also provides consulting services; product engineering solutions; managed services; application services, such as enterprise applications, connected enterprise services, enterprise security solutions, cyber security consulting, enterprise architecture, and testing services; cloud services; eco energy services; infrastructure management services; and mobility services. This segment serves banking, financial services, and insurance; healthcare and life sciences; retail, consumer, transport, and government; energy, natural resources, and utilities; manufacturing; and global media, as well as telecom industries. The IT Products segment sells a range of Wipro personal desktop computers, Wipro servers, and Wipro notebooks; and resells desktops, servers, notebooks, storage products, networking solutions, and packaged software for international brands. This segment also offers platforms and storage, enterprise information security, emerging technologies, enterprise management, and contact centre infrastructure products; and delivers hardware, software products, and other related products. It has collaboration agreement with Red Hat, Inc. to develop and deliver cloud solutions. Wipro Limited was founded in 1945 and is headquartered in Bengaluru, India.

130,000 Employees
Last Reported Date: 05/19/14
Founded in 1945

wipro ltd-adr (WITN) Top Compensated Officers

Chief Executive Officer, Executive Director, ...
Total Annual Compensation: $840.4K
Founder, Executive Chairman, Managing Directo...
Total Annual Compensation: $1.2M
Chief Financial Officer, Executive Director a...
Total Annual Compensation: $432.7K
Chief Executive Officer of Wipro Infrastructu...
Total Annual Compensation: $317.6K
Chief Sustainability Officer
Total Annual Compensation: $37.7K
Compensation as of Fiscal Year 2014.

wipro ltd-adr (WITN) Key Developments

Wipro and Software AG Announces Joint Development of Internet of Things Solutions for Smart, Connected Products

Software AG and Wipro Ltd. announced a joint solution platform for streaming analytics that provides real-time actionable intelligence for the Internet of Things market. To address the huge market potential created by streaming analytics in conjunction with IoT and other emerging technologies, Wipro and Software AG have come up with a solution that provides enterprises with a competitive edge by responding to events in real-time with unlimited scalability. Wipro has developed a streaming analytics based IoT solution platform, with a unique architectural framework called Wipro Looking Glass . In the first release, Wipro is leveraging Software AG's Big Data Streaming Analytics product suite. The platform provides enterprises with a fast and easy entry into the vast business possibilities offered by the IoT. The Wipro Looking Glass current version embeds Software AG's Streaming Analytics product suite, which is designed to integrate, capture, analyze and respond to IoT data. The solution components include a real-time analytics engine, in memory database technology, a real-time user interface and mashup technologies. These components are proven to scale in high speed and big data environments, in various industries such as financial services, manufacturing, supply chain and telecommunications. Wipro Looking Glass can be run both on-premise as well as hosted in a single cloud or multiple clouds simultaneously. Through leading edge data management technologies, this platform offers unlimited scalability to the enterprise. The foundation framework allows for the flexible and rapid development of customer specific solutions at a lower cost and reduced risk. With cloud hosted analytics and algorithms that are accessible by digital sensors and devices, actions like process updates, event responses and machine behavior can be effortlessly implemented.

Wipro Mulls Acquisitions

Wipro Ltd. (BSE:507685) is looking for acquisition opportunities. Regarding acquisitions, Chief Financial Officer, Suresh Senapaty said, “The effort is still on in terms of looking at those blanks paces, basically to supplement to what we are doing organically. Like, previously we did Opus CMC acquisition. So we are constantly looking at such prospects, it could be in the healthcare space, financial services or insurance or even in the digital area.”

Wipro Limited Announces Executive Changes, Effective April 1, 2015

Wipro Limited announced that Suresh Senapaty, the current Chief Financial Officer and Executive Director will retire on attaining the age of superannuation on March 31, 2015 after completing a distinguished career spanning over three decades with the company. Jatin Dalal, Senior Vice President - Finance will take over the role of CFO, effective April 1, 2015. A Chartered Accountant, Jatin Dalal joined Wipro in 2002. He has been instrumental in taking up diverse and challenging assignments in Wipro's finance function including setting up of Wividus ­ the company's shared services division besides strengthening the company's Financial Planning & Analysis and Investor Relations functions. Suresh Senapaty and Jatin Dalal will work together through quarter ending March 31, 2015 to ensure a smooth transition.


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