The computer software industry comes under Technology group. It’s a Non-commodity type industry.

Industry Strengths

Ability to adapt to latest technology available in the market and acquire different skill sets required for execution of orders of international customers.
Availability of IT education
Availability of comprehensive solutions to customers due to increasing skills and strategic relationships.
Emergence of local demand for software products in sectors like medical, law and all types of commercial establishments.

Industry Weakness

High staff cost and attrition due to increased competition amongst software companies
Negatively impacted due to strengthening of Indian Rupee
Business gets impacted due to weak developed nations economic growth

Growth Drivers

Global economic growth which has surged demand for computers as well as computer applications
Growth in the number of young IT professionals in the country
Growth in industries such as banking, financial services, telecom and manufacturing which has increased demand for software application.
Increasingly used in new areas such as mobile, retail, media, healthcare and transportation

Wipro is a leading Indian company with business interests in export of IT & BPO services, domestic hardware, consumer lighting, and consumer care. It has the widest range of services, including systems integration, IT-enabled services, package implementation, software application development & maintenance, and R&D services.
It has 1,274 clients spanning the BFSI, manufacturing, retail, utilities, and telecom verticals.

Segments and Products

It operates through two segments:
1.IT Services and
2.IT Products.

The Company's IT Services business provides a range of IT and IT-enabled services, which include digital strategy advisory, customer centric design, technology consulting, IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, global infrastructure services, analytics services, business process services, research and development and hardware and software design.

The IT Products segment provides a range of third-party IT products, which allows it to offer IT system integration services. Its products include computing, Platforms and Storage, Networking Solutions, Enterprise Information Security, and software products, including databases and operating systems.

The Company is a reseller of third-party enterprise products through its direct sales force