multinational corporation (MNC)

A multinational corporation (MNC) or transnational corporation (TNC), also called multinational enterprise (MNE), is acorporation or an enterprise that manages production or delivers services in more than one country. It can also be referred as aninternational corporation. The International Labour Organization (ILO) has defined an MNC as a corporation that has its management headquarters in one country, known as the home country, and operates in several other countries, known as host countries.

Monday, December 20, 2010

About Wipro Technologies

Wipro Technologies is a global services provider delivering technology-driven business solutions. Wipro is the No.1 provider of integrated business, technology and process solutions on a global delivery platform. Azim Premji is the Chairman of Wipro Technologies. He took over the mantle of leadership of Wipro at the age of 21 in 1966. Under his leadership, the fledgling US$ 2 million hydrogenated cooking fat company has grown to a US$1.76 billion IT Services organization serving customers across the globe. Wipro is presently ranked among the top 100 Technology companies in the world. It has 66,000+ employees, serves 592 clients, and has 46 development centers across globe.

Wipro Technologies deals in following businesses:
  • IT Services: Wipro provides complete range of IT Services to the organization. The range of services extends from Enterprise Application Services (CRM, ERP, e-Procurement and SCM) to e-Business solutions. Wipro's enterprise solutions serve a host of industries such as Energy and Utilities, Finance, Telecom, and Media and Entertainment.
  • Product Engineering Solutions: Wipro is the largest independent provider of R&D services in the world. Using "Extended Engineering" model for leveraging R&D investment and accessing new knowledge and experience across the globe, people and technical infrastructure, Wipro enables firms to introduce new products rapidly.
  • Technology Infrastructure Service: Wipro's Technology Infrastructure Services (TIS) is the largest Indian IT infrastructure service provider in terms of revenue, people and customers with more than 200 customers in US, Europe, Japan and over 650 customers in India.
  • Business Process Outsourcing: Wipro provides business process outsourcing services in areas Finance & Accounting, Procurement, HR Services, Loyalty Services and Knowledge Services. In 2002, Wipro acquiring Spectramind and became one of the largest BPO service players.
  • Consulting Services: Wipro offers services in Business Consulting, Process Consulting, Quality Consulting, and Technology Consulting.
Group Companies of Wipro:
  • Wipro Infrastructure Engineering: It has emerged as the leader in the hydraulic cylinders and truck tipping systems market in India.
  • Wipro Infotech: It is one of the leading manufacturers of computer hardware and a provider of systems integration services in India.
  • Wipro Lighting: It manufactures and markets the Wipro brand of luminaries. Wipro Lighting offers lighting solutions across various application areas such as commercial lighting for modern work spaces, manufacturing and pharmaceutical companies, designer petrol pumps and outdoor architecture.
Achievements of Wipro
  • First Indian IT Service Provider to be awarded Gold-Level Status in Microsoft's Windows Embedded Partner Program.
  • World's largest independent R&D Services Provider.
  • World's 1st PCMM Level 5 software company.
  • World's 1st IT Services Company to use Six Sigma.
  • The first to get the BS15000 certification for its Global Command Centre.
  • Among the top 3 offshore BPO service providers in the world.
  • Only Indian company to be ranked among the 'Top 10 Global Outsourcing Providers' in the IAOP-Fortune Global 100 listings.
  • First company in the world to be certified in BS 7799 (2002) security standards.
Note: The above information was last updated on 21-07-2007

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