Satyam Computer Services Ltd., a leading global business and information technology services company, announced that it has been named as the first ‘Strategic Services’ partner for SAP in the Middle East and North Africa (MENA) region, as an extension of its existing alliance with the market and technology leader in business software solutions. The agreement involves the utilisation of Satyam’s award-winning services to manage over 20 per cent of SAP’s business in the MENA region under the terms of the ‘Strategic Services’, which is a new region-specific partnership initiative rolled out by the business software company.
The partnership focuses on SAP’s and Satyam’s long term regional business expansion strategy, which is rooted in the leading IT services company’s strong overall value proposition for large-scale global technical implementations across a number of SAP products. The opportunities in the MENA region, which both companies are seeking to leverage, comprise end-to-end implementations, upgrades, migrations and a host of maintenance services. As the initiative seeks to cover the entire MENA region, Satyam will be joined by six other companies, which will be selected by SAP from its list of global partners.
Commenting on the partnership, Sergio Maccotta, Managing Director of SAP Middle East and North Africa, said, “Building a vibrant customer-centric ecosystem is key to supporting our customers' business needs in the region. Satyam is a valued SAP partner and an integral contributor to SAP's global community of innovation.”
In addition to a strong regional collaboration, Satyam and SAP have been working closely at the global level, which has resulted in equally successful undertakings spanning Asia, Europe, the US and the rest of the Middle East. The company has been SAP’s ‘National’ and ‘Services’ partner in various countries, and international offshore partner since June 2004. Further strengthening its immersion in SAP’s international operations, Satyam has also been named as ‘National Implementation’ partner for India, US, Singapore, Japan and Australia-New Zealand.
“Satyam is concentrating on strategic investments and developing various composite solutions on SAP. We are focused on delivering niche domain solutions for our customers thereby further enhancing the value of SAP solutions, and together delivering significant business value to our customers”, said Manish Mehta, Director & Sr. Vice President - SAP and Testing Practice.
“The Middle East market is growing substantially and the timing of SAP MENA formation is most appropriately timed. We, at Satyam Middle East, are privileged to be the first services partner and excited about the opportunities it brings to us,” said Manojeet Chowdhury, Head of Satyam’s MENA operations.
Recognising Satyam’s expertise, the company has been named as a leader in SAP implementation capabilities by independent research firm Forrester Research, for its particular strength in the manufacturing, high-tech, and semiconductor industries. Further, the Gartner Magic Quadrant 2007 ranked Satyam’s Enterprise Resource Planning (ERP) practice as the fourth in the world in terms of its ability to execute; and as the top in the Enterprise Application category at the Black Book of Outsourcing 2007. With SAP consultants now working with Satyam, leading companies have benefited from its expertise in effectively deploying SAP solutions, thereby providing outstanding business advantage to regional and global clients.
Satyam maintains a strong presence in the MENA region, with over 200 full lifecycle implementations and a team of over 150 associates, offering highly matured processes across business consulting, ERP deployment, software development and support to the retail, manufacturing and distribution, telecom, oil and gas, banking and finance, government and airlines sectors. The company has geared up to take a ‘globalize while localizing’ approach in its operations with aims to consolidate its position in the region through a distributed workforce strategy, which has paved the way for the recent launch of its Global Development Centre in Smart Village, Egypt.
About Satyam
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 61* 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 49,199* 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 630* clients, including more than one third of the Fortune 500. For more information, see www.satyam.com.
*As of Dec. 31, 2007
Satyam in Middle East
Leading IT Services Organization servicing the Middle East and African markets
Significant presence in Dubai, Saudi Arabia, Kuwait, Qatar, Abu Dhabi, Oman, Bahrain, Jordan, Mauritius,
Global Solutions Center in Egypt
Competency across diverse industry segments
Customer base in Middle East and Africa includes over 180 high profile organizations
Completed over 200 Project full Life Cycles
Over 450+ consultants on site in the region
Multilingual and Local Project Teams
Safe Harbor
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.
# # #
