The entrepreneur azim premji
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Transcript of The entrepreneur azim premji
A
seminar presentation
on
IT Entrepreneur in India
session 2014-15
Presented By:
Krishna Gupta
( (M.Tech ,CSE)
Department of Computer Science & Engineering
Rajasthan College of Engineering for Women1
ENTREPRENEURIAL QUALITIES
• Commitment and determination
• Leadership
• Opportunity obsession
• Tolerance of risk
• Creativity
• Ability to use failure experience as a way of learning
• Self-reliance and ability to adapt
• Motivation to excel.
2
EARLY LIFE
• Initial education St. Marry’s School Mumbai.
• Engineering from Stanford University ,California.
• Took family business of hydrogenated cooking fats and
diversified .
4
PERSONALITY TRAITS
• Value-oriented person.
• Down to earth personality.
• High on action.
• Believes in professionalism
• Prefers solitude to the spotlight
• Always believes in work.
5
AS A BUSINESS PERSONALITY HIS
JOURNEY TOWARDS SUCCESS
• He had took over the reign of his family run
business at the young age of 21 in 1966.
• The biggest hurdle was to win the
confidence of the shareholders.
• Diversification of family run business into a
large IT services provider and software
behemoth “Wipro”.
6
THE JOURNEY OF WIPRO
• WIPRO was initially known as Western India Vegetable
Products Ltd, and was started by Mr.M.H Premji
• Initially Amalner-based “Vanaspathi manufacturing”
company.
• The company began manufacturing light bulb with
general electric.
• Consumer products including soaps, baby care products
shampoos ,powder etc.
• In 1975,wipro fluid power business unit manufacturing
hydraulic cylinder and truck was started.
7
THE TURN• 1980 Wipro entered the IT field ,taking example of the IBM from the Indian
market in 1975 .
• Thus Wipro became involved in manufacturing computer hardware ,software
development and related items ,under a special license from sentinel .
Now
• Wipro has grown up as India’s biggest and most competitive IT company
based in Bangalore .
• Wipro Ltd is a global information technology, consulting and outsourcing
company.
• Wipro works with leading global companies ,such as Alcatel ,Nokia, Cisco
and Nortel and has a joint venture in medical system with general electric
company .
• With 147,452 employees serving clients in 175+ cities across 6 continents.
• The company posted revenues of $7.3 billion for the financial year ended
Mar 31, 2014.8
WIPRO GROUP OF COMPANIES
9
Wipro Ltd
• Wipro Limited is a global company provider of comprehensive ITsolutions and services, including Systems Integration, Consulting,Information Systems outsourcing, IT-enabled services, and R&Dservices.
• It is also a value added reseller of desktops, servers, notebooks,storage products, networking solutions and packaged software forinternational brands.
Wipro Enterprises Ltd
• Wipro Consumer Care & Lighting
• Wipro Infrastructure Engineering
• Wipro GE Medical Systems Limited
13
CHALLENGES…
Macro environment related
• Improving quality of technical education in India
• Challenges posed by Urban infrastructure
• Preparing for competition from other low cost countries
Business model related
• Expanding the breadth of service offering
• Managing scale without diluting quality & delivery excellence
• Expanding geographies & adapting to local language and cultures
Financial
• Adverse currency fluctuations
• Managing wage inflation
• M&A and their impact on financials
NEW UPCOMING TRENDS • Wipro Water and Wipro Eco-Energy were set up in 2008 and
2009 as part of Wipro Infrastructure Engineering (WIE).
• In an interview Premji talks about ecology as a social and
business imperative, the vast opportunities that it holds,
and Wipro's foray and plans in this space.
• We think that 'IT for Green' is far more important than 'Green
IT‘.
• He said innovation program combines the rigor of process with
widely spread (across employee and partner base) sparks of
creativity.
• We have built it over the past seven years. We are now
[promoting] 'green' as a big theme in our innovation program.
• He said that in their PC manufacturing business, they have
made significant progress on the Green PC on all three
dimensions. 14
NEW TREND CONT…
15
• Wipro Arabia bags deal from Saudi Electricity Company
• Wipro to offer Chesapeake's financial software suite
• Wipro Launches Centre of Excellence for Oracle
• Wipro partners with Adobe for digital marketing services
• Wipro to open US centre for Big Data, social media, cloud
• Wipro, SAP tie up for mobility services
• IT Security in Utilities