Company: WIT
Filing Date: 2025-05-22
Form Type: 20-F
Source: 0000950170-25-076303
Chunk: 66

Company: WIPRO LTD
Filing Date: 2025-05-22
Form: 20-F
Item: Item 4
Chunk 66
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, build purpose-driven teams, and cultivate ownership.
•We are a purpose-led business that is recognized globally for high ethical standards, strong corporate governance, and an unwavering commitment to sustainability.

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IT Services SMUs structure
Our IT Services segment consists of four SMUs - Americas 1, Americas 2, Europe and APMEA. Americas 1 and Americas 2 are primarily organized by industry sector, while Europe and APMEA are organized by countries.
•Americas 1 includes the entire business of Latin America (“LATAM”) and the following industry sectors in the United States: communications, media and information services, software and gaming, new age technology, consumer goods, healthcare, medical devices and life sciences, and technology products and services. 
•Americas 2 includes the entire business in Canada and the following industry sectors in the United States: banking and financial services, energy, manufacturing and resources, capital markets and insurance, and hi-tech. 
•Europe consists of the United Kingdom and Ireland, Switzerland, Germany, Northern Europe, and Southern Europe. 
•APMEA consists of Australia and New Zealand, Southeast Asia, Japan, India, the Middle East, and Africa. 

The SMUs in Europe and APMEA will be responsible for all industry sectors in these regions. SMUs are our primary go-to-market teams and seek to scale local strategic clients and drive large deal wins.

Revenue from each customer is attributed to the respective SMU, based on the location of the customer’s primary buying center of such services. With respect to certain strategic global customers, revenue may be generated from multiple countries based on such customer’s buying centers, but the total revenue related to these strategic global customers is attributed to a single SMU based on the geographical location of key decision makers.
IT Products
We provide IT products primarily as a complement to our IT services offerings rather than sell standalone IT products.
IT Products Customers
We provide our offerings to enterprises in all major industries, primarily in the India market, including government, defense, IT and IT-enabled services, telecommunications, manufacturing, utilities, education and financial services sectors. We have a diverse range of customers. For the year ended March 31, 2025, we had one customer that accounted for 20.7% of our overall IT Products segment revenue.
IT Products Sales and Marketing
We are value-added resellers of third-party enterprise products through our direct sales force. Our GAEs and client executives receive support from our corporate marketing team to assist in brand building and other corporate