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March 14, 2001
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Money > Business Headlines > Report March 14, 2001 |
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Wipro restructuring software services armSanjay K. Pillai Wipro Technologies, the international software services arm of Wipro Ltd, is being restructured with an eye on organisation building and to ensure speedy and easy decision-making. As part of the restructuring which will be effected from April 1, 2001, Wipro Technologies, headed by US-based vice-chairman Vivek Paul, will be structured around small and independent strategic business units (SBUs). The move, Wipro sources said, would bring greater focus to the vertical segments that the SBUs will address. The Enterprise Solutions division will have four verticals or SBUs - corporate, retail, utilities, and manufacturing. The retail and utilities verticals will be independent business units while the corporate SBU will continue to focus on incubating new verticals. In the coming year, Wipro Ltd. is expected to focus increasingly on emerging verticals like travel and publishing and media. Earlier, the IT services of Wipro Technologies were bunched under the following three services: enterprise solutions, research and development services and global support services. Finance and insurance will be brought under a new division, financial solutions, headed by Girish Paranjpe. "The finance solutions division has the potential to be a huge growth spinner for Wipro Technologies and the re-organisation will provide greater and independent focus to each of these segments" the source said. The Insurance SBU will be headed by Soumitro Ghosh as vice-president. Ghosh is currently head, marketing. Another new SBU would be the enterprise application services (EAS) unit. The EAS SBU will focus on well-defined horizontals like ERP, CRM, and market places. The EAS business unit will also build expertise in package implementation services around SAP, Oracle, i2, Siebel, Ariba etc. "EAS as a business is witnessing tremendous growth potential and with the EAS being spun off as an independent business unit, Wipro Technologies can leverage maximum advantage out of the new found focus," the source said.
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