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Satyam Computer Services Launches Two Niche Composite Solutions on SAP for the Banking and Oil & Gas Industry - 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
Satyam Computer Services Launches Two Niche Composite Solutions on SAP for the Banking and Oil & Gas Industry

 

PRZOOM - /newswire/ - Hyderabad, Andhra Pradesh, India, 2007/08/29 - 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. [NYSE: SAY]

   
 
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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.

About Satyam
Satyam (satyam.com), 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.

*As of June 30, 2007

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 6-K of the company for the quarter ended June 30, 2007, furnished to the United States Securities Exchange Commission on July 27, 2007 and the other reports filed with the Securities Exchange Commission from time to time.

 
 
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Satyam Computer Services Launches Two Niche Composite Solutions on SAP for the Banking and Oil & Gas Industry

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Contact: Sreekar Reddy - Ogilvy.com for Satyam 
+91 98 66110032 sreekar.reddy[.]ogilvy.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Satyam Computer Services Ltd securities in any jurisdiction including any other companies listed or named in this release.

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