Satyam Launches the Next Generation Enterprise Applications Delivery Model: Software as a Service (SaaS) for SMEs
Satyam launches SaaS for SMEs, partners with NASSCOM and FAPSIA to promote the IT adoption among the SMEs
Hyderabad, India Nov 14th, 2007 – Satyam Computer Services (NYSE:SAY) is all set to launch the next Generation Enterprise Applications Delivery Model: Software as a Service (SaaS) for SMEs. SMEs are among the fastest growing segments in a developing economy and have a critical impact on regional dispersal of industries, promoting entrepreneurship and employment generation. The contribution of SMEs has been remarkable in the development of the Indian IT economy.
SaaS brings several advantages to SMEs, such as , low upfront investment, predictable maintenance costs, lower customization, leaner IS staff and scalable service level/ usage.
Mr. Subu D, Director & Senior Vice President, Satyam Manufacturing and Automotive Business, said, “This model, called Software as a Service (SaaS), is an up coming development abroad, where companies pay for IT systems based on usage, just like they pay for utility services like electricity and telecom. Satyam views this model as a perfect fit for the needs of SMEs in India and has plans to encourage this model among SMEs, allowing an affordable and predictable monthly payment scheme, with low initial investment which makes it simple and hassle free to use”.
Satyam is partnering with NASSCOM and FAPSIA in the initiative to promote IT Adoption among SMEs in Hyderabad. Satyam will provide its web based Enterprise Application Platform (EAP), for use by SMEs to run business operations like Sales, Purchase, Production, Shipment, Finance and Accounts.
Mr. Subu D, said “Satyam would be responsible for end-to-end implementation of the entire program, whereby it would provide the Application Platform, host and maintain it, and also provide end-user helpdesk support.
“The SMEs will only need an Internet connection and a browser to plug in and operate the system. This would allow them a minimal investment in terms of hardware, support software, application licenses, etc, required to implement a Business System,” he added.
For this initiative, Satyam plans to share its rich international experience in IT systems implementation to benefit the Indian SMEs and promote their adoption of IT. The SMEs in turn will have access to Satyam’s pool of technical talent which has served over 170 Fortune 500 companies globally.
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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.
Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to Rise™. We are a USD 4.1 billion company with 112,800+ professionals across 90 countries, helping over 825 global customers including Fortune 500 companies. Our convergent, digital, design experiences, innovation platforms and reusable assets connect across a number of technologies to deliver tangible business value and experiences to our stakeholders. Tech Mahindra is amongst the Fab 50 companies in Asia (Forbes 2016 list).
We are part of the USD 17.8 billion Mahindra Group that employs more than 200,000 people in over 100 countries. The Group operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles,after-market, information technology and vacation ownership.
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