SAP Names Satyam ‘Global Partner’
- 21 August, 2008 11:01
SYDNEY, August 21, 2008: Satyam Computer Services Ltd. (NYSE: SAY), a leading global business consulting and information technology services provider, announced today that it has been named a “Global Partner” for SAP, the market and technology leader in business software solutions. In line with its new partner status, Satyam announced that it aims to expand the reach of its SAP solutions by growing its number of global SAP consultants from 5,000 to 6,800 by the end of the year.
Global Partnership status fortifies Satyam’s commitment to help Fortune 1000 companies transform their business processes through fast and reliable implementation of SAP solutions. Accordingly, Satyam is making considerable investment in the development of SAP-focused, composite solutions for key industries such as automotive, retail, banking, telecom, and oil and gas. It is also is enhancing its joint marketing resources and strategic planning to support the growth of SAP. Strategic initiatives undertaken by the partners in Australia include development of solutions that will help FMCG (Fast-Moving Consumer Goods) organisations migrate their product and pricing synchronisation with retailers through GS1net, which is built on SAP’s Net Weaver platform. The teams are also managing a migration to SAP ECC 6.0 and creating solutions for emerging trends such as Service Oriented Architecture.
“Our extensive, industry-specific knowledge and technological expertise in creating solutions for customers in various industries has earned us this prestigious partnership with SAP,” said Virender Aggarwal, Director and Senior Vice President, Asia-Pacific, India, the Middle East, and Africa. “As such, we are making major investments that will help us exceed the high expectations we face. First, we will strengthen the value of SAP solutions and deliver significant business benefits to our customers, which will enable us to leverage the booming global demand for robust business solutions.”
In addition, Satyam has been named SAP’s “National” and “Services” partner in various countries. It has also been named an international offshore partner, and a “National Implementation” partner for Australia-New Zealand, India, Japan, the US and Singapore. With aims of leveraging the ever-growing need for end-to-end implementations, upgrades, migrations and other maintenance services in the region. Recently, Satyam’s SAP expertise was further reinforced by a citation from Forrester Research, the independent research firm. Forrester said Satyam is a leader in SAP implementation and noted its strength in the manufacturing, high-tech, and semiconductor industries.
“SAP is pleased to take its relationship with Satyam to the next level by making it a global services partner,” said SAP Sales Director Doug Gibson. “Satyam has a strong track record of transforming customers’ business processes. This partnership will help extend the value of our ecosystem for our customers in Australia and New Zealand, and we look forward to working with Satyam on various initiatives we have planned for the region. One of the key programs we are working on with Satyam relates to GS1net integration, which will enable suppliers to synchronise product data with the industry data pool, GS1net.”
Satyam has close to 200 SAP professionals in Australia working in the telecom, banking, non-chemical process manufacturing and retail industries. Among other notable projects, Satyam is helping a CPG major implement SAP Process integration (SAP XI) to replace a multitude of middleware applications. The initiative will enable the customer to undertake B2B transactions with customers and logistics partners using the latest industry standards. Satyam has also completed an SAP upgrade and an SCM implementation for a large transportation/logistics service provider.
Today, Satyam Australia has significant presence in Sydney, Melbourne, Brisbane and Canberra, with more than 1,700 associates serving Australia and New Zealand. The organisation emphasizes local employment generation; more than 40 percent of its associates in Australia are nationals.
Satyam (NYSE: SAY), a leading global business and information technology services company, delivers consulting, systems integration, and outsourcing solutions to clients in 20* industries and 66* countries.
Satyam leverages deep industry and functional expertise, leading technology practices, and an advanced, global delivery model to help clients transform their highest-value business processes and improve their business performance. The company’s 51,643* professionals excel in engineering and product development, supply chain management, client relationship management, business process quality, business intelligence, enterprise integration, and infrastructure management, among other key capabilities.
Satyam development and delivery centers in the US, Canada, Brazil, the UK, Hungary, Egypt, UAE, India, China, Malaysia, Singapore, and Australia serve 670* clients, including more than one third of the Fortune 500. For more information, see www.satyam.com.
*As of June 30, 2008
This press release contains forward-looking statements within the meaning of section 27A of Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Satyam undertakes no duty to update any forward-looking statements. For a discussion of the risks associated with our business, please see the discussions under the heading “Risk Factors” in our report on Form 6-K concerning the quarter ended December 31, 2007, furnished to the United States Securities Exchange Commission on January 28, 2008 and the other reports filed with the Securities Exchange Commission from time to time. These filings are available at http://www.sec.gov.
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This release contains forward-looking statements within the meaning of section 27A of Securities Act of 1933, as amended and section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Satyam undertakes no duty to update any forward-looking statements.
For a discussion of the risks associated with our business, please see the discussions under the heading "Risk Factors" in our report on Form 6-K concerning the quarter ended December 31, 2007 furnished to the United States Securities and Exchange Commission on January 28, 2008 and the other reports filed with the Securities and Exchange Commission from time to time. These filings are available at www.sec.gov.
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