Revenue for Wipro FY 2015-2024
Wipro Limited had revenue of over 898 billion Indian rupees in the financial year 2024. It was the first time the revenue decreased in comparison with the previous year during the presented period. More than 98 percent of the revenue was generated from existing customers. Wipro is one of the biggest IT services and consulting companies in India, ranked the third as of 2024, behind TCS and Infosys.
Cybersecurity in India
The cybersecurity market has been growing as the number of cyber-crimes reported in India saw continuous growth. Cybercrimes in India ranges from online frauds to data theft, but the most attacked sector the banking and financial sectors. Especially as the coronavirus pandemic has accelerated the transformation of India to digital economy, the threat of cybercrime also rises. Public institutions and government also became more prone to fall victim of cybercrimes. In 2018, 1.1 billion records were compromised from the Aadhaar system, India’s unique citizen identification system.
Indian outsourcing companies and U.S.
United States dominated Indian IT outsourcing industry. Not only information technology companies outsourced their services to India, companies like Ford Motor Company, General Electronics also offshored their software development, customer support, and engineering research and development facilities to India. For instance, India’s biggest IT services and consultancy company Tata Consultancy Services generated more than 50 percent of its revenue from Americas.
