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News >> Technology >>
Wipro drives innovation for growth
By siliconindia
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Tuesday, 12 December 2006, 18:30 IST
Hyderbad: IT solutions provider Wipro has at its heart innovation, to beat competition in the market comes through clearly. Its 48 innovation centers work on next generation products and services-proof enough that the company seeks to take the third party outsourcing services to the next higher level.
Ranked as the third largest global third party R&D outsourcing services provider, Wipro has till date filed for about 58 product filings from its Bangalore center. The center employs around 15,000 engineers. Incidentally, product filing is a stage ahead of patent filing.
Pratik Kumar, Executive Vice-President, Human Resources said that company has been incubating about 40 new technology centers. These centers bear the responsibility of showcasing the way forward and working on prospective trends. The company, worldwide, has grown to 63,000 people and it is a huge challenge to make sure that technology solutions are delivered seamlessly to customers across the globe. This has been made possible with the help of a robust internal training procedure and creating leaders, he said.
The attrition rate at Wipro is around 13 percent, way below the industry average. This, Kumar believes is a result of initiatives such as Wividus, the integrated shared services portal that handles all the employee related transactions across the globe. The site it carries out over 2,500 travel transactions and resolves over 1,000 employee queries on a daily basis.
"However, at Wipro we would like to bring this down to about 10-12 per cent, and best HR practices would ensure that we achieve this goal. Already we have been rated as the third best employer,'' he said.
In the future expansion plans; the company expects to see more than 50 per cent of its growth coming from other than its major base of Bangalore. Signing up for expansion in centers in other cities will enable this. In Hyderabad, it is already poised to enter into an agreement for a special economic zone, which would be based in a 100-acre tech campus.