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Company: Wipro Technologies, Bangalore, India Company Description: Wipro Technologies is one of India’s largest companies with revenues of $1.2 billion and CAGR of 42% over last 5 years. Founded in 1945 by our chairman Mr. Azim Premji, Wipro is a pioneer in the software outsourcing industry. It has about 350 clients (many of them Fortune 1000 companies) and 30,000 employees globally. Wipro is world’s first PCMM, CMMi and CMM Level 5 certified IT services company. Nomination Category: Organization Awards Categories Nomination Sub Category: Best Marketing Organization
Nomination Title: Wipro Technologies Marketing Department
1. Tell the story about what this nominated organization achieved in the past year (up to 500 words). Focus on specific accomplishments, and relate these accomplishments to past performance or industry norms. Be sure to mention obstacles overcome, innovations or discoveries made, and outcomes:
Like many IT firms, Wipro Technologies experienced stagnation in revenue growth in 2000. With the dot-com bubble bursting and an economic slow down, companies across all industry faced a highly challenging and extremely competitive marketplace. Wipro’s senior management decided to meet the challenge head on. Sales revenue growth targets were set at 30–40% year to year, and profitability was to remain high, despite the tough economic environment.
We clearly identified demand generation as one of the marketing focus areas and ensured that each of the activity clearly contributes to tangible results. For example, while most of the organizations would treat the corporate website as a branding tool, we went that extra mile to turn web into a lead generation engine & one that offer’s tremendous prospect/customer insights. Today, www.wipro.com serves as the largest channel for lead generation.
A brief description of Wipro’s various cost effective, high impact initiatives are given below:
1. Search engine promotions—Wipro is featured in the top 10 Search Engine rankings for more than 100 key-words like “offshore sourcing.” These efforts led to a substantial increase in qualified targeted audience visits. Today search engine queries generate one-third of Wipro’s web-based leads.
2. Top 100 IT portals and directories —Placement of Wipro-developed thought leadership content on websites where buyers and influencers go for information. This has become increasingly more important to a large portion of buyers who rely on white papers when developing RFIs/RFPs and use them to evaluate IT products and services.
3. Web-seminars/events—Wipro’s periodic web seminars are designed to educate its target audience while reaching them via a soft-sell approach. Clients, analysts and thought leaders speak on a range of topics that may include: offshore outsourcing, vertical industry themes, supply chain, etc. Approximately 50–300 people attend each web seminar.
4. Tele-sales—Telesales activities target Wipro’s high-potential accounts. Contacts generated for the high potential accounts via pull channels are targeted via customized value propositions.
5. Direct mail—On a monthly basis, prospects receive case studies, white papers, etc. via email based on their specific interest and industry.
6. Newsletters—Wipro has developed a series of vertical industry-based knowledge newsletters that include news, white papers, case studies, ask-the- expert, and more. These newsletters, called Connect, are sent out to 6,000+ accounts that have requested further updates. Connect also helps build and maintain Wipro’s brand awareness among prospects.
7. Increasing brand recall – Media plays a significant role in building a services brand. Wipro targeted various journals and publications and was able to get the maximum exclusive media mentions in the US over its Indian competition and thus commanded higher visibility and recall.
8. Building a brand globally – Industry analyst firms are key in influencing large contracts and advising their clients. Today Wipro is ranked as a leader amongst all the major players in global delivery model by all leading analyst firms.
The measurable benefits delivered to the organization are summarized as follows: - Today Marketing contributes to more than 51% of new business (since 2003-04) from a miniscule percentage in 2000-01. - Return on marketing investment defined as contribution to new business divided by marketing investment in dollars is calculated as 51. - 1125 leads and out of which 265 were from Fortune 1000 companies (Increase of 350%) - 90 RFI/RFPs were received through website -- greatly reducing the sales cycle time.
2. List hyperlinks to any online news stories, press releases, or other documents that support the claims made in the section above. IMPORTANT: Begin each link with http://, and enclose each link in square brackets; for example, [http://www.youraddress.com]:
ITSMA award for Services Marketing Excellence http://www.itsma.com/news/newsfromitsma/102203pr.htm
First IDC CMO Best Practices Awards for Marketing Measurement and Metrics http://www.idc.com/getdoc.jsp?containerId=pr2003_12_17_170456
Wipro Weblog http://www.wiproweblog.com
Wipro homepage http://www.wipro.com
Wipro thought leadership content http://www.wipro.com/insights
TIME Magazine profiles Vivek Paul among 25 Global Business Influentials 2004 http://www.time.com/time/magazine/article/0,9171,1101041220-1006663-5,00.html
Wipro tops offshoring list http://www.eet.com/sys/news/showArticle.jhtml?articleId=29100601
THE BEST & WORST MANAGERS OF 2003 -- THE BEST MANAGERS - Vivek Paul http://www.businessweek.com/magazine/content/04_02/b3865706.htm
Wipro ranked as the leader in remote data center management http://www.wipro.com/newsroom/newsitem/newstory380.htm
Wipro Technologies named Asian Most Admired Knowledge Enterprise http://www.wipro.com/newsroom/newsitem/newstory369.htm
European firms attending Wipro’s Strategym event in London affirm global sourcing is becoming a strategic imperative http://www.wipro.com/newsroom/newsitem/newstory368.htm
Wipro rated as a leader in META Group’s offshore sourcing METAspectrum evaluation http://www.wipro.com/newsroom/newsitem/newstory362.htm
Wipro leads global delivery model wave http://www.wipro.com/newsroom/newsitem/newstory347.htm
IDC rates Wipro as the leader among worldwide offshore service providers http://www.wipro.com/newsroom/newsitem/newstory345.htm
3. Provide a brief (up to 100 words) biography about the leader(s) of this nominated organization:
As the Vice President and Chief Marketing Officer of Wipro Technologies Sangita Singh is responsible for building the Wipro brand globally and marketing Wipro’s solutions & services across Americas, Europe and Japan. Her marketing efforts involving Web and PR as vehicles of demand generation and brand building have been lauded by industry analysts & media. Under her leadership, Wipro won two technology marketing best practices awards: the IDC CMO global best practices award and ITSMA (IT Services Marketing association)’s Services Marketing Excellence award.
Her stated goal is to have the Wipro brand among the top 10 IT services brands globally.
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