Marketing Wipro
Marketing Wipro
Marketing Wipro
SWOT ANALYSIS:
Strength:
Weakness:
1. High reliance of US and European markets.
2. Higher attrition
Oppurtunities:
1. IT Sector is booming
5. Strategic alliances
Threats:
5. Immigration restrictions
PEST Analysis
Political Factors
-Liberalization
-New Economic Policy (NEP) introduced in the country helped the company
to excel in the global market, providing variety of benefits.
-Support of Government policies towards free trade Export incentives and
duty concessions, which showed the company a new opportunity abroad.
Economic Factors
-Increased foreign investment
The increased foreign investments in software technology parks ensured
growth in further coming years.
-Change in policies
Many economic policies changes in the country helped Wipro in their
growth. At that time the new policies were going in favour of the whole
software industry.
-Exchange rate
High exchange rate helped the Company to take an advantage over other
global players which actually allowed .it provide products and services at
lower costs.
Social Factors
-Immense intellectual Capital
Technological Factors
-Easy access to various business clients
-Comfort to global customers and suppliers: Due to improvement in the
technology access to the business became easy to other business partners
including various suppliers and customers.
Other Advantages
-Investment in Research and development
-Wipro invested in research and development very early, this early
investment helped it to grow faster and thus it took an advantage over other
domestic competitors .