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 gains 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, Director, SVP & Head of Satyam’s 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 flexiblilty 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 can be the ideal combination to serve this customer segment."
Dr. Panda said Satyam and arvato systems will collaborate to create tailored offerings, beginning with Infrastructure Management Services (IMS) and Application Development, Maintenance, & Support (ADMS), as well as solutions tailored for the region’s Media and Entertainment Industry.
About Satyam
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.
*As of Septmber 30, 2007