Satyam to intensify focus on Japan
Kanzen–COE for Satyam Japan Announced
Hyderabad, India, Dec 11, 2007: Satyam Computer Services Ltd (NYSE:SAY), a global consulting & IT services company, today announced the setting up of a Japan Center of Excellence (COE), code-named KANZEN, to significantly strengthen its presence in that country. This announcement was made on the sidelines of the inauguration of an Offshore Development Centre (ODC) for Japanese group Inoac Corporation by leading management exponent from Japan and CTO of Inoac, Mr. Kiichiro Ohya.
Satyam has already initiated a process to intensify its focus on Japan by commencing training for Japanese Engineering Graduates in India, building the bilingual talent pool in India and China and setting up of delivery centers at China, India (Pune) and Fukouka (Japan).
Mr. Harsh Vardhan, Head – North Asia Satyam Computer Services Ltd. said, “This initiative is an innovation to traditional models of delivering offshore value to Japan from India. While some of the large Indian companies who have a focus on Japan have been working towards higher investments to increase focus on Japan that alone might not be the solution to the problem, as India has an acute shortage of bilingual Engineers”.
The Japan initiative at Satyam has picked up considerable speed, with a base of over 100 engineers in operation for the last 3 months. This team will be instrumental in program managing deliveries out of China, Japan and India. Apart from these delivery centers, this team has initiated and been successful in sourcing Japanese bilingual manpower from Vietnam. The Satyam Japan Kanzen team will also be instrumental in managing the localization aspects, which include conversion of the tools we have within Satyam into Japanese and assist our local Japanese team in translating global case studies into Japanese.
Apart from the 100 Bilingual engineers who have been set up as a part of the Kanzen team, 10 native Japanese Engineering freshers are being trained at the Satyam campus in Hyderabad and this is expected to be further enhanced as part of the global delivery model.
Speaking on the occasion, Mr. Kiichiro Ohya, Director and Chief Technology Officer, Inoac Corporation said, “Global Indian IT companies such as Satyam, given their remarkable success from serving the American and European markets, possess great potential to bring innovation into the Japanese market. Given the changing face of Globalization, it is imperative for Japanese companies to leverage the agility, innovation and Global delivery capabilities of Indian companies through provision of cost effective outsourcing and off shoring solutions to ensure that the companies are highly successful in this competitive environment.”
INOAC, a multi billion dollar Automotive Supplier has recently awarded Satyam with a large assignment which involves the implementation of SAP across the organization.
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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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