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Corporation
COMPUTER HARDWARE & SERVICES | IT Services
appirio.com

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Founded Year

2006

Stage

Acquired | Acquired

Total Raised

$115.7M

Valuation

$0000 

About Appirio

Appirio is a global services consultancy focused on cloud service platform solutions and cloud integration. Focused in enterprise crowdsourcing, the company offers change enablement, application development, implementation and integration, strategy, support, and managed services. Appirio serves clients globally.

Appirio Headquarter Location

201 S. Capitol Ave Suite 1100

Indianapolis, Indiana, 46225,

United States

317-378-7300

Latest Appirio News

The Subsidiaries And Acquisitions That Make Wipro Ltd Successful

Mar 10, 2021

Mar 10, 2021—11 min read Wipro Limited is an Indian multinational corporation that is headquartered in Bengaluru, Karnataka. The company is known for its range of services like IT services, BPO services, IT consulting, testing, research and development in the software and hardware areas of companies around the world. Wipro is a global leader when it comes to cognitive computing, robotics, hyper automation, cloud, analytics and emerging technologies. The company is recognized globally for its portfolio of services, sustainability and corporate citizenship. The chairman of the company is Azim Premji who is the second wealthiest person in India and the person credited for the success of Wipro. The company’s IT services range from enterprise application services like ERP,SCM,CRM to services like E-procurement, E- Business solution. The offers its services to various industries like Finance, Telecom, Media, Utilities, Energy and Entertainment. Not only that, Wipro is also one of the largest R&D services in the world. The conglomerate is divided into four different parts which are Wipro limited, Wipro Consumer Care and Lighting, Wipro Infrastructure Engineering And Wipro GE Medical Systems Limited. The company has over 180,000 employees from various countries across six continents. Wipro also offers Consulting services and helps companies in Business Process Outsourcing which help in HR , Procurement, Finance and Accounting. The company also provides technology infrastructure services in terms of revenue, people and to over 200 customer in US, Japan and Europe and 650 customers in India. The total revenue of Wipro as of 2020 is over $9 billion while its net income for 2020 is $1.4 billion. Wipro is known to be the largest public traded companies in India and seventh largest IT Services Company in the world. A brief history of Wipro Limited Wipro originally known as the Western India Palm Refined Oil Limited (abbreviated to Wipro) started in December 1945 by its founder Mohamed Premji. The company initially started out as a manufacturer of vegetable and other refined oil known as kisan, sunflower and camel in Maharashtra. In 1966, Azim Premji took over as the company’s chairman after his father’s death. The name of the company was changed from Western Indian products limited to Wipro products in 1977. That name was further replaced by Wipro limited  in 1982, this was because in the same ear the company also entered the IT industry. Azim Premji is responsible for transforming Wipro into a Wipro Fluid company and also introducing Wipro Fluid Power that manufactures hydraulic and pneumatic cylinder. In 1979 Wipro became India’s first computer manufacturer as the company developed and sold its computers in 1981. With its success the company forayed into the field of software development and is credited for introducing software packages for hardware customers. The old and new logo of Wipro In 1990s, the company got started its range of baby toiletries like Wipro baby soft and also the Santoor talcum powder which became a staple in Indian homes. Wipro Infotech and Wipro system got merged with Wipro in 1995. The company expanded internationally in 1990’s and even got listed on New York Stock Exchange in 2000. It was in 2002 that Wipro became the first Indian software tech and services company to get the ISO 14001 certified. The company started selling fluorescent lamps making the Wipro Consumer Care and Light Group enter the market. Wipro joined the billion dollar club in 2004 and also partnered with Intel on a project called i-shiksha. It wasn’t until 2012 that the company decided to demerge its consumer care, lightning, furniture, infrastructure engineering into a separate company known as the Wipro Enterprise Limited. The company further made many clever and strategic acquisitions and signed contracts with many international firms. The Acquisitions and Subsidiaries of Wipro Wipro has so far made over 19 acquisition and 8 investments. Wipro has spent over $2.49 billion for these acquisitions. The company has invested in many industries like SaaS , Search AF test, standard, manufacturing tech. Some of main acquisitions are Infocrossing acquired for $600 million in August 2007, Appirio acquired for $500 million in October 2016 and HealthPlan Services acquired for $460 million in February 2016. Some of the other recent acquisitions are Rational Interactions a settle based digital customer experiences consultancy which Wipro acquired in February 2020. In October 2020, Wipro acquired Encore Theme Technologies, that same month it also acquired Eximius Design for $80 million. Its last acquisition was in March 2021 which was Capco a British consultancy firm. The revenue of Wipro Topcoder Topcoder became Wipro’s subsidiary, when the company acquired by Wipro in 2016 along with Appirio which were a part of their $500 million deal. Topcoder is a crowdsourcing company which has a huge global community of data scientists, developers, programmers and designers. How Topcoder works is that it pays the members of it’s community for offering their services to corporate, mid-size or even small business clients. The company is also known for its yearly Topcoder Open tournament and other small regional events. The company was founded by Jack Hughes in the year of 2001, the company first started with Competitive programming challenges which helped generate interest among the student community. The company then grew and started offering various software development services for 3rd party clients. In order to generate more income the company started new competition tracks that gave more work to its employees. After being acquired by Wipro the company has continued to offer its clients with many hybrid crowd platform and help create certified and private crowdsourcing communities. Wipro then integrated its employee’s only crowdsourcing platform TopGear with Topcoder. The various services offered by the Topcoder design community are Information Architecture which helps the clients with the wire framing and generating ideas. It also helps with the UI/U/CX design which involves the creation of apps and web designs, and coming up with design concepts, ideas and presentation design. The software development challenges that topcoder offers are bug bash, code, first to finish, etc. Appirio Appirio was acquired by Wipro in 2016 as a part of their $500 million deal along with Topcoder. The company was founded by Chris Barbin, Narinder Singh, Glenn Weinstein and Mike O Brien. Appirio is information technology consulting company and has its headquarters based in Indiapolis in USA. It company is known for its tech and professional services that its offers only to the clients that want to adopt public cloud applications. They also offer SaaS services like Salesforce and google apps. The main competitors of Appirio’s are Accenture and Deloitte The company was funded by Salesforce and angel investors ($1.1 million), Sequoia Capital ($5.6 million), Sequoia Capital and GGV capital ($10 million) and General Atlantic ($60 million). The company awarded with many titles such as On Demand Company Of The Year by AlwaysOn, Best Place To Work In Bay Area by San Francisco Business Times in 2010. The company has many other satellite offices in cities like Tokyo, London, Dublin, Sydney, Espoo, Stockholm, Porto, Pune, Bangalore, Noida, Hyderabad and Jaipur. The company is known to utilize public cloud solutions as it a server less company. Facts on Wipro Opus Capital Markets Consultants Opus is one of the top companies in the financial services industry. The headquarters are based in Lincolnshire in Illinois, US and has over 500 employees. The company was founded in 2005 that became a wholly owned subsidiary of Wipro in 2013. Opus offers various services like Residential mortgage, commercial mortgage, Compliances services, servicing reviews and advisory services. It also specialized in risk management provider for mortgage and consumer lenders, services and investors. The company is focused on delivering other wide range of services like due diligence, quality control, servicing oversight and operational assessment. Yardley of London Yardley of London is a British personal care brand that was acquired by Wipro in 2009. The company is known to be one of the oldest and specializes in cosmetics, fragrances and toiletry products. Yardley is also one of the biggest manufacturer of soap and perfumes. Yardley is known to have received two Royal Warrants. The company was originally established by cleaver family in 1770. The name of the company was changed to Yardley and Statham in 1823 after William Statham brought the firm. Yardley has made many soaps that are to this date popular. Because of the growing popularity of Yardley soaps and cosmetics in the 20th century, the company opened a shop in London in the 1910. In 1991, the company also introduced men’s grooming products. In 2005, the Jatanias which is Britain richest Indian family brought Yardley for 60 million euros in 2005. It wasn’t until 2009 that Wipro consumer care brought Yardley for $45 million the brand ambassador for Yardley in India is Bollywood actress Katrina Kaif. Wipro GE Medical Systems Wipro GE Medical Systems is a joint venture of between GE Healthcare South Asia and Wipro in 1990. The company known for its research and development of healthcare products. The company today has a vast variety of gadgets and equipment for diagnostics, healthcare IT and services to help healthcare professionals that are used for combat cancer, heart disease and other ailments. The company also strictly follows with six sigma quality standards in all products. The company is an expert in medical imaging and information technologies, medical diagnosis, patent monitoring systems, drug discovery, and biopharmaceutical manufacturing tech, performance improvement and solution services. They offer all these services with a lower cost. The company is present in Asia Pacific, China, Africa, Europe, India, Latin America, America and Canada. The specializes in making products for Vascular, Orthopedics, Spine, Urology, Cardiac, General Surgery, Pain Management, Outpatient Interventional. Wipro Consumer Care and Lighting Wipro Consumer Care and lightning is one of the biggest and fastest FMCG companies in countries like India, Asia and Africa. The annual sales revenue is now up to Rs. 77.4 Crore in the year of 2019 to 2020. The company is currently present in 20 different countries like India, Asia, Africa and the Middle East. Wipro consumer care and lightning has over 16 manufacturing units in India, Malaysia, Indonesia, Philippines, Vietnam, China and South Africa. The company also has Research and Innovation Centers in India, Malaysia, China, Philippines and South Africa. They are based in 22 countries, marketed in 60 plus countries with over 10,000 plus employees. The company is known for its products and services like personal wash products, skincare products, male grooming products, toiletries, household products, furniture, commercial lighting, etc. The company has made several acquisitions like Unza, Yardley, LD Waxsons in order to get global footprint. The key brands of Wipro consumer care and lighting are Santoor, Chandrika, Maxkleen, Giffy, Enchanteur, Safi, Aiken, Romano, Carrie, Garnet, Splash which come from different parts of the world. Products of Wipro Consumer Care and Lightning Wipro Infrastructure Engineering Oy This company is one of the main subsidiaries of Wipro and is known for developing, marketing and manufacturing hydraulic cylinders that are used for cargo handling, mining, freight and waste processing. The company also makes various products such as filters, pumps, valves, rear hinges and different components of hydraulic cylinders. It is known to delivery over a million cylinders to original equipment manufacturers (OEMs) across the world. The company specializes in making hydraulics cylinders for different segments like Construct and Earthmoving, Material and Cargo handling, Forestry, Farm and agriculture and mining. The company’s business has stepped up and launched specific solutions to fight Covid 19. Who is the founder of Wipro? The chairman of the company is Azim Premji who is the second wealthiest person in India. What are the main services of Wipro limited? The main services of Wipro are IT services, BPO services, IT consulting, testing, research and development services. Conclusion Wipro is an Indian conglomerate that has a global footprint for its services and products like IT services, BPO services, IT consulting, testing, research and development services. One of the main reasons for the company’s success is its strategic and clever subsidiaries it has acquired. Wipro was and will continue to be a leader in the consumer market space.

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Expert Collections containing Appirio

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Appirio is included in 2 Expert Collections, including Smart Money VCs (2017-2019).

S

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6,297 items

We crunched the data to identify the 24 VC firms with the best combination of portfolio valuations and investment outcomes.

C

Cloud Computing

1,330 items

Cloud computing startups develop technologies for remote (off-premises) servers used to store, manage, and process data.

Appirio Patents

Appirio has filed 4 patents.

patents chart

Application Date

Grant Date

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Related Topics

Status

3/12/2012

12/22/2015

Software testing, Free computer algebra systems, Parallel computing, Computer memory, Computer programming

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12/22/2015

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Software testing, Free computer algebra systems, Parallel computing, Computer memory, Computer programming

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