Satyam and Arvato Systems to Tackle Medium-Sized Enterprise Market in Germany, Austria and Switzerland
Hyderabad, India, Dec. 6th, 2007— Satyam Computer Services Ltd. (NYSE:SAY), a leading global consulting and information technology services provider, and Arvato Systems, the IT division of the Bertelsmann Group, have joined forces to provide innovative solutions and offshore services to the medium-sized enterprise market—der “Mittelstand”—in Germany, Austria, and Switzerland.
Arvato Systems chose Satyam as an exclusive partner after a comprehensive vendor evaluation process. Satyam’s global scale and ability to provide world-class talent immediately, and from anywhere, played key roles in its selection. Its capabilities in application development, ERP, and information management systems were also important factors for the Bertelsmann Group subsidiary.
This partnership will leverage the strengths of both companies. Satyam will benefit from Arvato Systems’ extensive subject matter expertise and three decades of experience in Europe’s largest services market. At the same time, Arvato Systems gain an IT services delivery model that combines proven, innovative solutions and global sourcing. As a result, numerous customers—mid-sized companies account for a substantial portion of the German economy—will benefit from rapid, enduring solutions.
“We are pleased to partner with Arvato Systems, and to provide innovative solutions to the region’s ‘Mittelstand’ market, which has excellent growth potential,” said Dr, Keshab Panda, Satyam’s Director, SVP & Head of European operations. “Mid-sized companies in Austria, Germany, and Switzerland will benefit tremendously from the optimized solutions this alliance will deliver. In addition, we look forward to leveraging arvato systems' market presence in the region to drive our customers' future competitive strength.”
“Arvato Systems is dedicated to a growth strategy that drives accelerated innovation for our clients, while leveraging the effective solutions provided by global sourcing,” said Arvato Systems Chief Executive Officer Dr. Michael Pesch. “Satyam has a proven track record of successful growth, and is committing significant assets to the successful execution of this partnership. Our clients stand to benefit significantly from this business model. They will be able to increase their competitiveness and react with more flexibility on business requirements.”
“Medium-sized enterprises are the backbone of the economy throughout the Germanic Region,” said Peter Heij, Head of Continental Europe for Satyam. “However, the IT service offerings available have not matched the special requirements of these enterprises efficiently yet. A German-based organization like arvato systems, coupled with Satyam’s offshore strengths, is the ideal combination to serve this customer segment.”
As part of this relationship, Arvato Systems will also enlist Satyam’s implementation help on several million euros’ worth of committed business over the next four years.
To create a specialized focus for the Mittelstand market, Panda said Satyam will create tailored offerings, beginning with Infrastructure Management Services (IMS) and Application Development, Maintenance, and Support (ADMS). Satyam will also create solutions tailored for the region’s Media and Entertainment Industry to further benefit the Bertelsmann Group.
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 45,700* 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 599* clients, including one-third of the US Fortune 500. For more information, see www.satyam.com.
About Arvato Systems
Arvato Systems is an international subsidiary of arvato AG, the media and communication services provider of Bertelsmann AG. With solutions covering the use, management and distribution of media, the IT service provider sets the standard. Customers are offered a comprehensive array of services, focusing on the fields of telecommunications, Internet/e-commerce, media and entertainment (TIME). Extensive knowledge of various industries, over 30 years of experience, and innovative technologies establish the basis for the best possible products and solutions. Services include consulting, development and integration, as well as the management and operation of applications and systems. A global network of offices in Asia, Europe, and North America takes on projects all over the world.
For more information visit: www.arvato-systems.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.
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