Word: wipro
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Dates: during 2000-2009
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...growing amount of confidence and growing resources among these firms," says Joe Sigelman, co-CEO of OfficeTiger, which will reach $100 million in sales this year and may go public in 2006. Strong, small firms will swallow others to solidify their positions against Indian outsourcing giants like Wipro and Infosys, says Peter Bender-Samuel, CEO of Everest Group, a research firm. U.S. players like Accenture and IBM Global Services, meanwhile, have a new kind of competitor to worry about, Bender-Samuel says. "It makes life difficult for them." --By Jyoti Thottam
...more like Shanghai. This combination of envy and fear seems most intense in the one place where it has the least reason to exist: Bangalore. India's software companies and call centers, after all, have a huge head start on China. Yet last week, Azim Premji, the chairman of Wipro, one of India's biggest tech companies, warned that the Chinese could start to close this gap in the outsourcing sector once they have mastered English...
...market. Compare that with India's bustling IT-outsourcing industry, where the top 10 firms capture 45%. Smaller firms mean lower margins, since projects aren't big enough to reap economies of scale. Yet Chinese firms show little interest in consolidation mergers. There is no Infosys or Tata or Wipro of China, at least not yet. --By Barbara Kiviat
...products. Philips, the Dutch consumer-electronics giant, develops and tests software for DVD players and flat-screen TVs. General Motors opened a research lab, its first outside the U.S. Others without wholly owned R.-and-D. labs are parceling out discrete pieces of research to Indian firms such as Wipro Technologies, which increased its R.-and-D. business 55% last year. "[Clients] are not doing their core-competency product engineering with us, but there's a lot of work around it," says Wipro Technologies' CEO, Vivek Paul. For example, Wipro might handle the documentation and testing of new software...
...their products. Philips, the Dutch consumer-electronics giant, develops and tests software for DVD players and flat-screen TVs. General Motors opened a research lab, its first outside the U.S. Others without wholly owned R&D labs are parceling out discrete pieces of research to Indian firms such as Wipro Technologies, which increased its R&D business 55% last year. "[Clients] are not doing their core-competency product engineering with us, but there's a lot of work around it," says Wipro Technologies' CEO, Vivek Paul. For example, Wipro might handle the documentation and testing of new software or create...