Independent Research Firm Names Satyam a Global SAP Implementation Leader
Report rates Satyam as No. 1 in current offerings amongst Indian organizations
HYDERABAD, India, Dec. 29, 2007—Satyam Computer Services Ltd. (NYSE: SAY), a leading business and information technology services provider, today announced that Forrester Research has named the company a leader in SAP implementation capabilities. “The Forrester WaveTM: SAP Implementation Providers, Q4, 2007 (December 2007)” places Satyam in the same category as companies heading “an extremely well qualified pack.”
The report states “Satyam has a strong overall value proposition in addition to a long track record
with SAP. Its client satisfaction scores are high, its pricing is reasonable, and a large number of clients were willing to attest to its value.”
“It is certainly true that our customers have been our greatest assets and references,” Mehta said. “Our achievements are a direct result of our commitment to delivery excellence and the demonstrated value of our SAP implementations. We always try to exceed our customers’ expectations, and our recognition in the report reflects these efforts.”
The report is especially relevant because demand for SAP services continues to grow globally, as organizations increasingly leverage the ERP provider’s expanding portfolio of offerings. In addition, many existing customers need to upgrade to newer versions of SAP.
“We are pleased to be recognized as a leader by Forrester Research and rated as no.1 in current offering amongst Indian organization,” said Manish Mehta, Global Head, Director and Senior Vice President – SAP & Testing Practice. “We are proud of our exceptional SAP expertise, and of our ability to help our customers in a broad range of industries gain the maximum benefit from their ERP investments. As the report noted, we continue to invest in our SAP Practice, and this is evidenced by our increasing number of end-to-end implementations. Companies all over the globe benefit from those efforts, as well as the skills of our SAP consultants.”
The report is the result of information compiled by Forrester by researching the world’s leading SAP implementation organizations on 108 evaluation criteria. It noted that Satyam is an especially good fit for companies that “need experienced SAP technical skills,” and those that “require vertical knowledge in the manufacturing, high-tech, or semiconductor industries.”
Moreover, the report praises Satyam’s implementation capabilities. “Not surprisingly, given its strong SAP methodology as well as internally developed engagement aids and implementation experience, Satyam scores strongly in the implementation portion of this survey,” the report said. Satyam’s skills in strategy, post-implementation, remote delivery, overall vision, and overall value were also noted.
Forrester is one of several independent industry analysts to recognize Satyam in SAP services recently. The report is available from Forrester Research (www.forrester.com.)
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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 20-F concerning the quarter ended March 31, 2007, furnished to the United States Securities Exchange Commission on April 30, 2007 and the other reports filed with the Securities Exchange Commission from time to time. These filings are available at http://www.sec.gov.
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 57 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 42,500* 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 570* clients, including one-third of the US Fortune 500. For more information, see www.satyam.com.
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