Tech mahindra
Tech mahindra

Satyam launches solutions for Banking and Oil & Gas segments

iDecisions, iLubes powered by SAP NetWeaver

HYDERABAD, AUGUST 27, 2007: Satyam Computer Services today announced the launch of two niche composite solutions on SAP for the Banking as well as the Oil & Gas industry. Both of these have been certified by SAP and are powered by NetWeaver technology.

iDecisions –the solution for Banking –is a comprehensive packaged analytic framework that enables efficient business management though the use of a central industry-standard data model supported by powerful analytical tools. The key differentiation is its ability to help businesses to efficiently and effectively transform enterprise data into intelligence and to gain strategic and tactical advantage over competition.

iLubes –the solution for lube companies in the Oil & Gas segment–creates a mechanism to track performance of lubricants supplied to industrial customers in the utilities and steel industries, power plants and other process industry domains. It helps lube companies improve supply chain processes and also to enhance their marketing programs with their customers while ensuring control over costs.

Satyam’s strategic investments in developing composite solutions on SAP are focused on delivering niche domain solutions for our customers thereby further enhancing the value of overall SAP solutions. iDecisions & iLubes are niche domain solutions, launched to address business processes in the Banking and Oil & Gas industries respectively which is directed towards delivering significant business value to our customers as well as the SAP product landscape”. said Mr. Manish Mehta, Global Head –SAP & Testing Practices.

These composite solutions form a part of the industry solutions initiative at Satyam, which is aimed at providing solutions to business problems and delivering much greater business value to the end customer. Currently Satyam offers domain specific composites on SAP for Automotive, Banking, Telecom and Oil & Gas verticals.

Satyam Contacts

For further information, contact:


Geeta Fadnavis , , +91 40 23220067


Siobhan Aalders ,, +1-212-880 5341, +1 347 387 0733


Clare Gibbins ,,+44-20-7309 1037


Simon Murphy , , +61-02-8281 3826

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 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


Tech Mahindra represents the connected world, offering innovative and customer-centric information technology services and solutions, enabling Enterprises, Associates and the Society to Rise™. We are a USD 4.2 billion company with 107,200+ professionals across 90 countries, helping over 818 global customers including Fortune 500 companies. Our innovation platforms and reusable assets connect across a number of technologies to deliver tangible business value to our stakeholders. Tech Mahindra is also amongst the Fab 50 companies in Asia as per the 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 tractorsutility vehicles,after-marketinformation technology and vacation ownership.

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