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Mahindra Satyam Quarterly for Asia Pacific and India August 2012 Issue 5
Topic Page No.
Note from the region head 1
Significant wins in the region 2
Mahindra Satyam in the news 4
Regional news
(Asia Pac region)
6
Events 11
Partnerships & Alliances 12
Awards 15
Table of contents
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NOTE FROM THE REGION HEAD
Dear Friends,
I am pleased to write to you once again and share the latest edition
of “Touch.Tomorrow” with you. I am delighted to inform you that for the financial year
ended 31 March 2012 our Asia-Pacific, India, Middle East & Africa revenues grew
40% YoY. This region accounted for 25% of global revenues this year, up from 20%
a year earlier. In this Newsletter we are also including our Q1 results which truly are
a tick in the box marking the end of our 3 year transformation journey, with EBITDA
at 21.7% and attrition down to 13.5%.
Our strategy for growth will include M&A. We recently acquired V-Customer. This marks the entry of Mahindra Satyam‟s
BPO operations into other verticals such as Retail and Consumer Technology in addition to significantly enhancing
Technical Support credentials. Also, Mahindra Satyam and Japan‟s SBI Holdings announced a USD 50 million Joint
Global Fund. The objective of the fund is to help leapfrog the innovation curve by investing in high growth and promising
companies in the evolving ICT space. We consider “innovation” as an integral enabler to our future growth, intending to
harness new business opportunities in IT Services/Consulting work from companies the fund invests in, possible
revenue stream from other portfolio companies of SBIH and access to next-generation technologies, in addition to
financial returns from the judicious investments being made. We acquired a strategic stake in Dion Global Solutions.
Dion has a portfolio of cutting-edge solutions and services for global capital markets covering portfolio management,
trading, settlement, risk management, analytics, treasury and research services. It serves more than 660 clients in 62
countries.
We focus our main areas of investment on N-MACS, which stands for Network, Mobility, Analytics, Cloud and Security.
N-MACS is a broad strategy of the merged entity, which will enable our customers to be future-ready. We believe N-
MACS can help our customers transform, leverage and grow their businesses to greater heights.
In a move towards expediting expansion and creating deeper relationships in the Australian, New Zealand and Asian
markets, we are pleased to announce the appointment of Ted Pretty as Chairman of our Australia & New Zealand
operations. Ted is an industry veteran and has held significant advisory, CXO roles in Australia with organizations such
as Optus, Telstra, Fujitsu, Visy and RP Data. He is currently Non Executive Director of National Carrier Neutral data
centre provider NextDC Limited and Chairman of the leading online and digital media adviser and investor CMB Capital
and SiteTour, the cloud based out-of-home advertising and data platform.
In April 2012, we launched the first Customer Connect Forum in APAC, branded Futurescapes™. Over 150 senior
management delegates from our customer organisations attended this event held at Sydney and Singapore. Our senior
leadership team led by CP Gurnani, CEO, engaged with our customers and made a presentation on the company‟s
successful 3-year transformational journey and the path ahead.
As you may have already read, Tech Mahindra and Mahindra Satyam have announced the merger of the two
organisations on March 21, 2012. The merger is progressing on schedule and during the last quarter, Mahindra
Satyam‟s shareholders overwhelmingly approved the merger with Tech Mahindra in a meeting conducted on June 8,
2012.
As part of the merger process, we have aligned the teams at Mahindra Satyam and Tech Mahindra, in the Asia Pac
region, and our teams are bringing the “Power of One” to our customers and partners. We have started bidding together
for deals, bringing the combined capabilities of our organizations to the fore, thereby achieving successes in the market
place.
I would like to thank you for your support and look forward to a continued dialogue with you. Do send your feedback on
this newsletter to me at [email protected]
Warm Regards,
Rohit Gandhi
Senior Vice-President
Asia Pac, MEA & India
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SIGNIFICANT WINS IN THE REGION
Mahindra Satyam leapfrogged into the financial services sector
by winning a Total Outsourcing Services contract from a large
emerging market financial services group in India. This USD 100
million, 10 year contract includes managed services for
infrastructure, application support and maintenance, refresh of
hardware and software with pre-defined refresh policies.
Mahindra Satyam would support in strengthening the clients‟
business capabilities, help build a customer centric organization and
draw focus on operational efficiency. The contract also involves
transformation initiatives in a 3 year plan, with projects to improve
areas such as end-user experience, core infrastructure availability
and scalability, optimum capacity management decision support
mechanisms, cost-to-revenue mapping and predictability, business
process re-engineering and systems consultative study. A dedicated
innovation council and architecture review board has been designed
ensuring the clients technology architecture and strategy to match
their growth aspirations.
Mahindra Satyam signed a multiyear USD 42 million contract
from Singapore Government’s statutory board for companies’
registration and filling. We have been selected to revamp the
online web-based filing Electronic Business and companies‟
registration system. This solution will be developed on ORACLE
Fusion Middleware suite of products which includes WEBLOGIC,
BPM and UCM. We are also entrusted with the Trusted Information
System & DR site implementation which includes BI and mobility
implementation as well and maintenance of the new system.
Mahindra Satyam won a new logo and a 5 year multimillion
dollar Infrastructure Management Services deal from one of the
fastest growing airlines in Australia for IT outsourcing of
infrastructure maintenance and support. The deal valued at US $ 14
million involves providing of infrastructure support within Asia.
Mahindra Satyam in the Middle East and Africa (MEA) region
started the new financial year by winning a multimillion dollar new
logo in April 2012 from a governmental educational body in Qatar for
IT outsourcing of Application Maintenance and support. The deal
worth US $ 2.4 million will provide application support and
maintenance of the educational body‟s 44 streams. This educational
body in Qatar directs the nation‟s education policy. We have been
closely working with this customer in their IT transformation journey.
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SIGNIFICANT WINS IN THE REGION
Mahindra Satyam won a 3 year USD 24 million testing deal with
a leading Australian company delivering cutting-edge mobile
communications, mobile technology and broadband entertainment
services. As part of this deal, we will be involved in end-to-end
testing of the core Telco processes of Concept-to-Market (C2M),
Lead-to-Cash (L2C) and Trouble-to-Repair (T2R) across various IT
pillars of Business Intelligence, OSS/BSS, Online, Mobility, CRM and
ERP systems. The model has the scalability built in to use our global
delivery centers in Australia, India and Malaysia.
Mahindra signed a USD 2.5 million deal in China with a global
healthcare products leader manufacturing medical devices,
pharmaceuticals & medical supplies. This deal, an Integrated
Engineering Services engagement will provide end-to-end product
design and validation (Mechanical design, Embedded software,
Device testing, Hardware and Software development and testing).
Mahindra Satyam, China, will support the R&D center of the
customer in China and work on 20+ medical device products for the
emerging markets.
Mahindra Satyam won a USD 1.5 million contract in China from a
global transportation leader. This contract involves providing end to
end support in the areas of localization, supplier quality and global
sourcing [Mechanical and electronic components]. Mahindra Satyam
would support their key global initiative of LCC sourcing, driven by
their global CEO. With this deal, Mahindra Satyam will enter into
strategic long term partnership with the global transportation major in
China.
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MAHINDRA SATYAM IN THE NEWS
Mahindra Satyam Q1 FY13 results
Mahindra Satyam announced on August 2, 2012, its unaudited
consolidated financial results under Indian GAAP for the first quarter
ended June 30, 2012.
EBITDA margins surge to 21.7% up 417 bps QoQ
Financial Highlights for the quarter ended June 30, 2012in USD
(per convenience translation)
• Q1 Consolidated Revenues at USD 342 million
• EBITDA at USD 74 million
• PAT at USD 64 million
Financial Highlights in USD (per convenience translation)
• Q1 Consolidated Revenues at USD 343 million, up 3% QoQ
• EBITDA at USD 74 million
• PAT at USD 66 million
Other Highlights
• Total headcount stood at 35,996 as of June 30, 2012, a net
addition of 2,643 QoQ
• Attrition improved to 13.5% in Q1FY13 as compared to 17.3% in
corresponding quarter of the last year
• Active clients totaled stood at 372 on a consolidated basis
• Cash and cash equivalent stood at Rs 3,058 crore as of 30th
June 2012
Vineet Nayyar, Chairman, Mahindra Satyam, said, “With this
quarter, we have successfully ended our 3-year transformational
journey, recording progress on the back of strong fundamentals,
focus and investments. Global business realities continue to be
unpredictable. However we are confident of taking forward our
momentum.”
Speaking on the occasion, CP Gurnani, CEO, Mahindra Satyam,
said, “We compete in the marketplace today with investments in
services, markets and our differentiators. Our plans to convert some
of these bullets into cannonballs are a reflection of our performance
this quarter.”
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MAHINDRA SATYAM IN THE NEWS
Mahindra Satyam inaugurates a delivery centre for Aerospace &
Defense, expands presence in Europe - the second one in the
continent
Mahindra Satyam announced the setting up of an exclusive delivery
centre for Aerospace and Defense in Toulouse, France. This is a
part of the company‟s larger strategy of expanding the European
footprint with a focus to strengthen relationships with regional
Aerospace and Defense businesses. The centre is Mahindra
Satyam‟s second such investment after setting up its first dedicated
Aerospace centre in Hamburg, Germany in 2008. The new centre is
expected to ramp-up operations and create opportunities for local
talent in Engineering, Information Technology and Communications
domains.
Mahindra Satyam is a certified E2S supplier to EADS, and has been
involved in strategic engagements with Airbus since 2004. It has
established strong engineering, IT and manufacturing engagements
with EADS companies across France, Germany, UK, India and
China. This centre further reinforces our commitment to this
relationship and will positively impact the operating efficiency, risk
mitigation and program management.
Commenting about this initiative during the inaugural ceremony, CP
Gurnani, CEO, Mahindra Satyam, said “We are excited to have
reached another milestone in Europe. France is an important market
for us and we are committed to investing on multiple fronts and
enhancing the value delivered to our customers. The large talent
pool coupled with excellent infrastructure in the region offers an
environment conducive to driving business growth and creating a
more seamless customer experience.”
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REGIONAL NEWS (ASIA PAC REGION)
Mahindra Satyam and Tech Mahindra host APAC Analyst &
Advisor Day at Sydney and Singapore
Mahindra Satyam and Tech Mahindra hosted the regional Analyst
and Advisor Day on April 17, 2012 at Hotel Hilton, Sydney and on
April 19, 2012 at Hotel Marina Bay Sands, Singapore,. 27 delegates
attended the event at Sydney and 29 delegates attended the
Singapore event. The attendees included representatives from the
analyst as well as the advisor community which included Gartner,
IDC, Forrester, ISG, Frost & Sullivan, and KPMG, just to name a
few. This was the first major event post the merger announcement.
The audience listened with rapt attention as our leaders highlighted
the “Power of One” and the value proposition of our combined entity.
The first session was addressed by CP Gurnani, CEO, Mahindra
Satyam, during which he elaborated about the „Power of One‟. This
was followed by sessions by our leadership team comprising of Hari
T, Rohit Gandhi, Manish Mehta, Sriram Papani, Jagdish Mitra,
Abhinav Bhan, Pravin Bolar and Venkat KD. While Hari T spoke
about our aim to rise and be among the top 3 leaders in each of our
chosen market segments whilst fostering innovation and inclusion,
Manish Mehta elaborated on how we are influencing customers'
business outcomes by enabling them to be faster, larger, better,
cheaper and steadier.
During the half day event, our leaders articulated the merger
process, the direction and strategy for the merged entity and our
capability in verticals such as BFSI, Manufacturing, Telecom, Public
Sector, Retail, Energy and Utilities, Mining, Travel, Transportation
and Logistics, Health and Life Sciences. We also showcased our
capabilities in Enterprise Business Solutions, Infrastructure
Management, Platform BPO, Mobility and Cloud.
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REGIONAL NEWS (ASIA PAC REGION)
Mahindra Satyam and Tech Mahindra launch Customer Connect
Forum at APAC
Mahindra Satyam and Tech Mahindra launched the first Customer
Connect program in the Asia Pacific region. Branded as
Futurescapes™, this customer- focused event was held on April 17,
2012 at Hotel Hilton, Sydney and on April 19, 201 2 at Hotel
Marina Bay Sands, Singapore. We presented our capabilities as a
combined entity and the value we offer our customers in the region.
The leadership team led by our CEO, CP Gurnani and his top global
and regional leadership team, spent the day with our customers and
partners, articulating the plans for the organisation going forward and
listening to the views from our customers & partners.
Both the events spurred extremely positive reactions from customers
and alliance partners.
Futurescapes™ - Sydney:
The Customer Connect Forum at Sydney was formally inaugurated
by Minister Souris on behalf of the Premier of New South Wales
Government. The Forum comprised of 4 main sessions: CEO
address, CXO Roundtable, CIO Roundtable interspersed by a video
showcasing of Mahindra Satyam and Tech Mahindra‟s solutions for
the future and an inspiring session by Jessica Cox, on “Thinking out
of the shoe”. Over 100 Senior Management representatives from
our customer organisations participated and the event ended with a
Bollywood-style theme dinner, where key partners were also
invited.
The CXO panel moderated by Venki Prathivadi, Head, Mahindra
Satyam (Australia & New Zealand) had industry stalwarts like Chris
Cornell- Russell CEO, Antony De Jong - Director of Strategy,
Telstra, Ted Pretty - Ex-Chairman & CEO, Telstra and Sekhar
Vardhan - Director of Operations, Payclick (Visa), participating as
panelists.
The CIO Panel also saw some eminent personalities like Dave
Banger - IT Head KPMG, John Ridge - Chairman - ACS Foundation,
David Harvey - CIO-Uniting Care, Dennis Curran - Head of Strategy,
NAB, Shane Ohlin - Head of Transformation, Melbourne IT and
former CIO, TNZ. The panelists debated and shared their views on
how information technology can enable business readiness for the
future. The session was moderated by Hari T, Chief Marketing
Officer & Chief People Officer, Mahindra Satyam.
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REGIONAL NEWS (ASIA PAC REGION)
Mahindra Satyam launches cloud-based Oracle Campus
Solution for Higher Education Institutions in Malaysia
Mahindra Satyam on June 5, 2012, announced the launch of the
Oracle Campus Solution offering on Cloud for higher education
institutions in Malaysia, the first time such a complete cloud-based
service for student recruitment, enrolment, and administration to
student financial information management is offered in the country.
Oracle Campus Solution is the world‟s leading Package Application
Solution for complete Student Lifecycle Management - from
recruitment, enrolment, and administration to financial information
management. It also provides complete self-service capabilities for
students and academia to directly manage their information. The
application is currently used by leading universities and colleges
globally.
Ram Ramachandran, Vice President & Business Head, Mahindra
Satyam, ASEAN, said, “Cloud-based services are a prime focus for
Mahindra Satyam and the launch of Oracle Campus Solution on
Cloud plays a key role in expanding our market reach in Malaysia.
This service – the first to be launched in the Malaysian market by an
IT services company – will be delivered out of our Global Delivery
Centre at Cyberjaya, Malaysia.”
Under this offering, Mahindra Satyam will provide complete end-to-
end solutions including hardware, application software from Oracle,
implementation services and ongoing management. Support
services to customers will also be provided in a virtual Private Cloud
Model.
Manish Goenka, Head, Oracle Practice, Asia-Pacific, said: “For
many institutions of higher learning, large capital investments in
student life cycle management solutions deter migration to the next
level of competence. With Oracle Campus Solution now available on
Cloud, we have a highly effective and robust solution offered at an
attractive price. Rapid adoption of these global best practices with
minimal upfront capital investment will help these institutions align
themselves with Malaysia‟s vision to be the regional educational
hub.”
Institutes can pay for use of the applications through subscriptions
based on actual usage and size of the student population, thus
incurring lower capital expenditure and higher return on investment
on an operating expenditure model.
Futurescapes™ – Singapore
At the Singapore Customer Connect Forum,
65 senior management delegates
representing 43 organizations attended the
event. The event began with an introductory
session by CP Gurnani on the 3 year
transformational journey of Mahindra Satyam
and Tech Mahindra. This was followed by a 4
member CXO Roundtable discussion
facilitated by Rohit Gandhi. The panel was
represented by Ernest L Cu, CEO - Globe
Telecom, Mark Crosby - Dean SP Jain
School of Global Management, Singapore,
Datuk Dr. Hamzah Kassim - Co-founder
and CEO, The iA Group and Sat Pal
Khattar-Chairman, Khattar Holdings and
member of the Board of Directors of a
number of companies.
The CXO panel deliberated on the ASEAN
economy and outlook for this year and
beyond the changing environment and
resultant challenges and opportunities for
businesses in the region. Interesting
perspectives on challenges faced by Telco
providers were shared by the CEO of Globe
Telecom who also narrated real life
experiences in the transformation journey of
Globe Telecom. Sat Pal Khattar, the founder
of Khattar Holding shared some interesting
views on the secrets of being a successful
entrepreneur.
This session was followed by a video
presentation on Mobility, Cloud, Platform
BPO and WaaS, anchored by Jagdish Mitra,
Venkat KD, Abhinav Bhan and Pravin Bolar.
The event also had a CIO Roundtable
represented by 3 power-packed CIO‟s from
the ASEAN region who deliberated on
„Tomorrow's IT: Living the life within the
butterfly effect‟. The panel discussion was
facilitated by Hari T, Chief Marketing Officer
and Chief People Officer, Mahindra Satyam.
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REGIONAL NEWS (ASIA PAC REGION)
Mahindra Satyam Charity Treasure Hunt drives positive change
in Malaysia
As part of Corporate Social Responsibility, Mahindra Satyam
organized a Charity Treasure Hunt in Cyberjaya, Malaysia on
February 26, 2012. This was open to the public as well as Mahindra
Satyam Associates. While having fun cracking the questions and
tracking the treasure, participants also contributed to a noble cause.
29 teams (116 Associates) from Mahindra Satyam and 27 external
teams (112 participants) participated in this event.
Mahindra Satyam invited “Persatuan Kebajikan Annai Illam,
Selangor Dan Kuala Lumpur (Annai Illam Welfare Society, Selangor
and Kuala Lumpur), a charity outreach centre for needy mothers and
their children. This centre strives to make a rewarding contribution
for the fulfillment of the aspirations of the less privileged children and
their families to constructively shape their participation in the
society. Instead of housing and raising children in a home, the
organization helps single mothers raise their children on their own by
providing monetary and moral support.
The winners took home RM1500 (1st Prize), RM1000 (2nd Prize) and
RM500 (3rd Prize) for both Novice and Regular Categories. 28
consolation prizes were also given away. The surplus amount
(RM3000) was donated to the charity home on the same day after
the treasure hunt. In addition Mahindra Satyam Associates also
contributed RM2003 to buy groceries for eight single mothers and
their children. Five single mothers together with their children were
present on that day to collect the Mock Cheque (RM3000) and the
“goody bag” which contained groceries (their 1 month supply) worth
RM200++ each.
The single mothers were also given an opportunity to set up stalls to
sell snacks and drinks. This enabled the mothers to make a sale of
RM500++. In addition to this, participants handed in „treasures‟ such
as floor cleaner, variety cereal pack, packet drinks, biscuits and
recycled newspapers. The estimated cost of these „treasures‟
amounting to about RM1000 were handed over to the charity home
as well.
Mahindra Satyam successfully completes
initial evaluation process for Government
Public Cloud Services (GPCS), Hong Kong
Mahindra Satyam has successfully completed
the initial evaluation process for Government
Public Cloud Services (GPCS) conducted by
the Hong Kong Govt. This is to form a pool of
preferred vendors through which the Bureau
and various departments of the Government
can acquire public cloud services from
selected vendors. The process has been
implemented with effect from May 31, 2012
for a period of three years.
Mahindra Satyam will provide solutions for all
requirements with regards to public cloud
services. During this initial selection process,
both our Productivity Apps (Google) and
Business Apps (Alfresco) services have been
selected. We aim to propose various other
cloud based solutions in the future.
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REGIONAL NEWS (ASIA PAC REGION)
Mahindra Satyam and Japan’s SBI Holdings announce a USD 50
mn. Joint Global Fund
Mahindra Satyam and Business services provider and SBI Holdings,
Inc. (hereinafter “SBIH”), a leading global Internet based financial
conglomerate and Japan‟s largest venture capital/ private equity
house, currently managing more than US$ 3 billion, announced on
February 21, 2012, the launch of a joint fund aimed at investing in
ICT companies globally.
The total size of the proposed fund will be US$ 50mn with equal
contribution from both. The fund will be subject to regulatory and
other approvals. The objective of the fund is to help leapfrog the
innovation curve by investing in high growth and promising
companies in the evolving ICT space.
Nissan Global Development inaugurated at Mahindra Satyam
Chennai Campus
Mr. Celso Guiotoko, Global CIO of Nissan, formally inaugurated the
Nissan Global Development Center at Chennai Campus on February
6, 2012. The delegates were impressed by the infrastructure and
facilities of the Chennai Campus. Mr Celso was also accompanied
by Mr. Vetrivel Rajupillai, Head of IS/IT at RNTBCI Chennai.
Mr Celso interacted with Executive Management and senior leaders
of Mahindra Satyam. He inaugurated the GDC by lighting the lamp
and unveiling the plaque. Mr Celso thanked the whole of team of
Nissan for their support and for the numerous benefits that has been
delivered during the long relationship. He also mentioned that he
expects the Nissan- Mahindra Satyam partnership to continue
growing rapidly across the regions.
Mr Celso planted a sapling in the campus greens and became first
customer executive to hold this honor at the newly opened Chennai
Campus.
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EVENTS
Tech Mahindra and Mahindra Satyam celebrate Annual Day at
Singapore
June, 3, 2012 will be remembered as a day filled with 'Fun and Josh'.
Mahindra Satyam and Tech Mahindra, Singapore, celebrated their
Annual Day event. Together, they showcased the 'Power of One'
with a fun filled evening. The event was witnessed by 300+
Associates and their family members.
The Fun & Connect, Singapore team organized the event at
'Singapore Khalasa Club'. The host of the evening Mabir Singh,
entertained the guests with his witty punch and great sense of
humour.
Next was a magic show by mystifying Imran. The Illusionist took
everyone‟s breath away as he captivated and entertained the
audience with psychological and physical illusions. The entertaining
evening was followed by a sumptuous dinner.
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PARTNERSHIPS & ALLIANCES
Mahindra Satyam announced as one of the key Systems
Integrators for Alfresco for the APAC and India region
Stalin and Balaji (ECM team, CDG CES) represented Mahindra
Satyam at Alfresco's India Launch Conference held on January 12,
2012 at Bangalore.
Alfresco is a pioneer of open platform for social content management
and used this event to announce their formal arrival in India. It
recently appointed Vivek Pai as India Country Manager. The event
was also attended by Denis Dorval (Vice President, Sales -EMEA
& APAC) who shared valuable insights on the future of content
management, cloud and mobility and how Alfresco is positioned to
be a disruptive player in the ECM industry.
The new flagship platform Alfresco 4 is expected to disrupt the ECM
industry giving enterprise users “Cloud Connected Content” and
collaboration tools that will allow them to work anywhere, on any
device, with the tools of their choice. Mahindra Satyam, with deep
expertise in this platform, was announced as one of the key
Systems Integrators for Alfresco for the APAC and India region.
Tech Mahindra & Mahindra Satyam and CA Technologies enter
into Global Partnership
Tech Mahindra and Mahindra Satyam on April 24, 2012 announced
that they have signed a Global Framework Agreement (GFA) with
CA Technologies, a global IT management and security software
and solutions company aimed at building a business model where
shared and managed services can be provided to new and existing
customers through a joint and strategic approach. Tech Mahindra
and Mahindra Satyam have set up Mahindra CA Research centre at
Pune. This centre will enable co-innovation and delivery of our joint
offerings.
In this unique arrangement, Mahindra Satyam, Tech Mahindra and
CA Technologies will offer application performance management,
test automation, content aware security and MSP offerings. Through
the agreement, they will develop innovative and differentiated joint
offerings for Telco, Manufacturing, BFSI and Healthcare verticals. “It
is a moment of pride for me as two majors of the IT industry partner
to offer superior service offerings for our joint customers.
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PARTNERSHIPS & ALLIANCES
Mahindra Satyam and Oxygen Finance launch Accelerated
Payments program for SMEs
Mahindra Satyam announced that it has partnered with Oxygen
Finance to market Oxygen‟s cloud-based Accelerated Payment
system. This strategic initiative is part of Mahindra Satyam‟s drive to
build its non linear business and create value add for its customers.
The Oxygen Finance platform guarantees early and reliable
payments to suppliers while generating income and other benefits for
the buying organization. A letter of intent signed, positions Mahindra
Satyam as a partner to market and operate Oxygen Finance's Pure
Oxygen system for SME suppliers. This cloud-based application will
aim to attract public sector bodies and companies in travel, transport,
telecoms and financial services sectors.
“We are excited about this partnership with Oxygen which will
directly help the hard-pressed SME sector and provide significant
opportunities for Mahindra Satyam to extend this value for our
existing and new customers”, said Vikram Nair, Head – Europe,
Mahindra Satyam.
Mahindra Satyam plans to take the service to its customer base
worldwide over the next 12 -24 months, creating an innovative
service line. We aim to partner with Chief Procurement Officers and
Chief Financial Officers, to deliver benefits to our customers not only
from generating savings but also having better control on the whole
procure to pay cycle, especially around the tail-end of their supplier
spectrum. This rich source of data will also generate better supplier
analytics and enable our customers to consolidate suppliers where
appropriate.
David Brown, CEO, Oxygen Finance, said: “We are delighted to
enter into this agreement with Mahindra Satyam. Their capability will
enable us to provide SMEs the opportunity to receive early payments
which in these difficult economic times, we know, they value very
highly."
Buyers benefit from tangible savings (a share of rebate fees earned)
and increasing „out-sourcing‟ of the management of Accounts
Payable services. Suppliers benefit by acceleration of cash
payments for their invoices, along with online services for reporting
and analysis of cash acceleration. For the SME sector, which is
suffering from severe liquidity stress, this product will allow them to
effectively accelerate their invoice-to-cash cycle by roughly 3 weeks.
This relationship will provide a platform to co-
invest in creating business solutions together
to meet next generation needs of global
CxOs. This arrangement is closely aligned
with our strategy of building an ecosystem of
like-minded partners”, said CP.Gurnani, CEO,
Mahindra Satyam.
Mahindra Satyam, Tech Mahindra and CA
Technologies have been working together
since 2010 to explore joint opportunities and
market expansion. This agreement will open
up many opportunities for CA Technologies,
Tech Mahindra and Mahindra Satyam to
provide customers with innovative solutions
that reflect the evolution of their business
models.
“Innovation and meeting market needs
through strong partnerships are at the core of
CA Technologies growth strategy,” said Bill
McCracken, CEO, CA Technologies. “As we
continue to grow in the global market, our
partnership with Tech Mahindra and
Mahindra Satyam enables us to address the
ever changing needs within the IT landscape
through a combined, broad solution and
services portfolio.”
Tech Mahindra and Mahindra Satyam,
together with CA Technologies, are already
providing turnkey cloud computing services
based on CA Technologies‟ tools. This
agreement further creates a growth engine
that will make a viable and successful
business model to respond to the needs of
the market at competitive prices.
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PARTNERSHIPS & ALLIANCES
Mahindra Satyam launches Enterprise Cloud Computing
solution in partnership with Microsoft
Mahindra Satyam, in association with Microsoft has launched
“Enterprise Cloud Computing” solution based on Microsoft
System Center suite. Mahindra Satyam is the first Microsoft partner
that has launched Enterprise Cloud Computing solution using
Microsoft System Center suite.
Mahindra Satyam integrates, state-of-the-art next generation Cloud
Management services to transform enterprise IT data centers into
agile and cost effective cloud solutions. Mahindra Satyam has the
unique ability to transform enterprise IT with self-service, charge
back, service catalogs, physical resource orchestration, complete
application provisioning, cloud burst, reservations and automate the
self-service assembly & infrastructure management. This solution
delivers a comprehensive view of Cloud with multiple hypervisors
support and external Cloud resources managed through a single
administrative pane using workload-smart and resource-aware
policies.
The launch was attended by senior management representatives
including Jay Jambotkar – Director, Datacenter and Private Cloud,
Microsoft Corporation, Prashant Shukla - Sr. Vice President, Head
IBG Americas, Mahindra Satyam and Sudhir Nair - Sr. Vice
President & Head IMS, Mahindra Satyam.
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AWARDS
Mahindra Satyam awarded the Best Sourcing Relationship in Business Process Outsourcing by ISG
Information Services Group (ISG) (NASDAQ: III), a leading technology insights, market intelligence and advisory
services company, on April 3, 2012 announced winners of the 2012 Australia New Zealand (ANZ) Paragon Awards,
which recognize leadership and best practices in sourcing and service management.
Mahindra Satyam and its client Russel Investments won the Best Sourcing Relationship in Business Process
Outsourcing Award.
“The Paragon Award winners demonstrate the great results that can be achieved by applying skilled technology sourcing
solutions to business challenges,” said Tom McCormack, Partner, Australia/New Zealand, ISG. “We are delighted to
recognise excellence within the sourcing industry through these annual awards.”
Added independent judge Don Easter: “The award winners exemplify how the supply chain can help firms drive their
business strategies and growth. Business is increasingly able to tap the wealth of innovative, skilled people in the supply
chain to solve challenges. This expertise helps firms realize global differentiation in their business sectors from effective
technology deployment.”
Russell Investments and Mahindra Satyam showed how a clear strategic goal could be achieved,” Easter said. “Russell
reshaped its business model and changed from IT outsourcing to sourcing technology in a way that better suited it.
“One remarkable feature of the collaboration was how the firms recognized different cultures and undertook cultural
training. This relationship helped Russell to win a significant new client and achieved impressive business, operational
and financial metrics.”
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About Mahindra Satyam
Mahindra Satyam is a global business consulting and information technology services company leveraging deep industry
and functional expertise, leading technology practices and a global delivery model to help businesses transform their
processes and improve performance. The company's professionals excel in enterprise solutions, supply chain
management, client relationship management, business intelligence, business processes, engineering and product
lifecycle management, infrastructure services, among other services.
The company has development and delivery centres in the United States of America, Canada, Brazil, the United
Kingdom, Germany, France, Hungary, Egypt, United Arab Emirates, India, China, Malaysia, Singapore, and Australia
and serves numerous clients, including many Fortune 500 organizations.
Mahindra Satyam is part of the USD 15.4 billion Mahindra Group. The Mahindra Group employs more than 144,000
people in over 100 countries and operates in key industries that drive economic growth, enjoying a leadership position in
tractors, utility vehicles, information technology and vacation ownership. In 2011, Mahindra featured on the Forbes
Global 2000 list, a listing of the biggest and most powerful listed companies in the world. Dun & Bradstreet also ranked
Mahindra at No. 1 in the automobile sector in its list of India‟s Top 500 Companies. In 2010, Mahindra featured in the
Credit Suisse Great Brands of Tomorrow. In 2011, Mahindra acquired a
majority stake in Korea‟s SsangYong Motor Company.
About Tech Mahindra
Tech Mahindra is a leading provider of solutions and services to the telecommunications industry with a majority stake
owned by Mahindra & Mahindra Limited. Tech Mahindra serves telecom service providers, equipment manufacturers,
software vendors and systems integrators worldwide and their proven delivery models, distinctive IT skills and decades
of domain expertise enable clients to maximize returns on their IT investment by achieving fast time to market reduced
total cost of ownership and high customer satisfaction.
Tech Mahindra registered revenue of USD 1,156 million in the year ended March 31, 2012 and is ably supported by
around 41,000 professionals who provide a unique blend of culture, domain expertise and in-depth technology skill-sets.
A SEI-CMMi Level 5 organization, Tech Mahindra's development centers are ISO 9001:2008 and BS7799 certified. Tech
Mahindra has principal offices in the UK, United States, Germany, UAE, Egypt, Singapore, India, Thailand, Taiwan,
Malaysia, Philippines, Canada and Australia.
Contact us
For more details, write to [email protected]