Published: November 18, 2008
Satyam Placed in Leaders Quadrant for Application Services by Leading Industry Analyst Firm
HYDERABAD, India andPARSIPPANY, N.J., Nov. 18 /PRNewswire-FirstCall/ --
Satyam Computer Services Ltd. (NYSE: SAY), a leading global consulting and
information technology services provider, announced today that Gartner has
placed it in the "Leaders" quadrant in its Magic Quadrant for North America
Offshore Applications Services study. Gartner evaluated 21 organizations in
its survey, on attributes such as overall viability, market responsiveness,
track record, and customer experience.
"Satyam leverages its application factories and intimate knowledge of
customer applications and business to deliver transformational benefits to our
clients," said Ravi Bommakanti, Head of Satyam's Application Development &
Maintenance Services (ADMS) Practice. "Application services will always be a
Satyam strength, and we believe evaluation by an organization of Gartner's
caliber and renowned independence is recognition of our exceptional teams."
Satyam develops and delivers best-in-class application development
solutions, with quality and speed, to suit customers' unique business
requirements and strategies. Its experienced development professionals
leverage new technologies, enhanced frameworks, and mature methodologies to
create superior applications that feature standardized processes and enable
business transformation. Moreover, the company continues to expand its global
reach, and has recently opened development facilities inBrazil,Egypt,South
Africa,Malaysia andAustralia.
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 more than 65* 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 52,865* 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, andAustralia serve
690* clients, including 185* Fortune 500. For more information, see
http://www.satyam.com.
*As of September 30, 2008
About the Magic Quadrant
The Gartner Magic Quadrant is copyrighted 2008 by Gartner, Inc., and is
reused with permission. The Magic Quadrant is a graphical representation of a
marketplace at and for a specific time period. It depicts Gartner's analysis
of how certain vendors measure against criteria for that marketplace, as
defined by Gartner. Gartner does not endorse any vendor, product or service
depicted in the Magic Quadrant, and does not advise technology users to select
only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is
intended solely as a research tool, and is not meant to be a specific guide to
action. Gartner disclaims all warranties, express or implied, with respect to
this research, including any warranties of merchantability or fitness for a
particular purpose.
Satyam Contacts
For clarifications, write to us at: MediaRelations@Satyam.com
Or contact our PR representatives:
India Deepa Jayaraman deepa.jayaraman@ipan.com
+91-981-980-8681
Ajith Henry ajith.henry@ipan.com
+91-982-081-4870
US Melissa Baratta mbaratta@ricochetpr.com
+1-212-679-3300, ext. 118
Europe Sandeep Thawani Sandeep_Thawani@Satyam.com
+44-783-010-3838
Asia-Pacific Dan Bleakman Dan@howorth.com.au
+61-439-408-484
Reshma Wad Jain Reshma@wer1.net
+65-98-140-507
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
concerning the quarter ended September 30, 2008, furnished to the Securities
and Exchange Commission on November 7, 2008, and the other reports filed with
the Securities and Exchange Commission from time to time. These filings are
available at http://www.sec.gov.
SOURCE Satyam Computer Services Ltd.
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