Satyam signs deal with Emirates Bank

Indian IT firm Satyam Computer Services is coming to GITEX Technology Week with a clear message for potential clients in the region: we can provide you with end-to-end IT services.

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By  Administrator Published  September 7, 2007

Indian IT firm Satyam Computer Services is coming to GITEX Technology Week with a clear message for potential clients in the region: we can provide you with end-to-end IT services.

"We are seeing a change of trend in this market," says Satyam vice president Manojeet Chowdhury. "The type of investment has changed, moving from the first generation of IT services to the next generation."

With the initial job of setting up of IT infrastructure now complete, Chowdury sees companies looking to take the next step. "Large companies have now started considering signing up with partners like us to have end-to-end IT outsourcing. Emirates Bank has signed up a multi-year contract with us to take care of their entire back-office system. It is a very prestigious deal for us."

Satyam has been in the Middle East for 10 years, with Dubai as its hub, and has over 160 clients in the region, the bulk of which have gone for the products of Satyam partners SAP and Oracle. The Middle East is also the location for Satyam's latest delivery centre, as the company intensifies its focus on its ‘rest-of-the-world' region.

"We have signed up with the government of Egypt to set up a delivery centre in Cairo," explains Chowdhury. This year Cairo will have 300 people but next year the figure will reach 2,000."

Hiring is presently on-going for the centre, which Chowdhury expects to go operational this month. "The market is really booming and we see really heavy growth almost year-on-year. Orders are not really a problem - the question is how to deliver. That is why we have set up our centre in Cairo - so that we have local, Arabic-speaking team members."

Satyam has been avidly attending GITEX Technology Week for several years but 2007 is the first time it has had its own booth, having previously been represented through SAP and Oracle.

Chowdhury is setting his sights on three key industry sectors for the exhibition.

"We have brought in specialists from three key domains for GITEX Technology Week 2007. These are energy and utilities, banking and finance, and healthcare," he explains.

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