Satyam opens its largest services center outside India
- 02 December, 2009 07:26
- Comments
Indian outsourcer Satyam Computer Services has moved to a larger facility in Cyberjaya in Malaysia, with plans to make it the company's largest development and services delivery facility outside India, it said in a filing on Tuesday to the Bombay Stock Exchange.
Satyam was plunged into a financial scandal in January after its founder B. Ramalinga Raju said that the company had inflated revenue and profits for several years.
Another Indian outsourcer Tech Mahindra acquired a major stake of 43 percent of the equity in the company, and is attempting to turn it around.
The company now uses the Mahindra Satyam brand to reflect its new owners.
The new facility is an expansion of a facility the company set up in 2007 in Cyberjaya in a bid to tap local staff, and also to provide customers delivery of services from locations outside India.
The new facility has provision for 1,100 seats. The company currently employs 500 staff in the country, and plans to move more software development and services delivery to the center.
The company plans to take advantage of the time-zone and language similarities in Malaysia to address the market in South East Asia.
At home, Satyam still has problems. Its accounts have yet to be re-stated. It has also received legal notices from 37 companies, seeking to reclaim a total of Indian rupees 12.3 billion (US$267 million), which was allegedly given to Satyam as temporary advances. Satyam said the demands are legally untenable.
Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.
- Bookmark this page
- Share this article
- Got more on this story? Email CIO
- Follow CIO on twitter
-
Monday Grok: Will Siri crack the walls of GOOG?
-
Face Time - Interview with John Brennan and Robert DiStefano
-
Face Time - Interview with John Brennan and Robert DiStefano
-
Phones are distractions during catch-ups
-
Google's Sidewiki lets people post comments about Web pages
-
Simplifying branch office security
Securing your business network is more important than ever. Malware, botnets and other malicious programs threaten your network—at your central offices and your branch offices alike. Yet enforcing consistent network security throughout your enterprise can be challenging—especially for those of you with branch offices with few users and no IT expertise. This paper introduces a new standard—an innovative, unified, cost-effective solution for managing branch office security, with centralised reporting and a clear process for determining return on investment (ROI). -
The Top 5 Server Monitoring Battles—and How You Can Win Them
The role of servers in your organization has changed substantially—with their uses, requirements, and complexity all increasing dramatically in recent years. Many of the traditional tools and techniques that worked in the past don’t suffice any more. Consequently, server monitoring presents several critical battles in today’s demanding environments. This guide looks at some of the most pressing challenges administrators face in ensuring optimal server performance, and it offers insights into the tools and strategies required to address these demands. -
Automating Your Processes to Outperform Your Competition
Welcome to Volume Three of the “Intelligent Guide to Enterprise BPM.” Get ready for an education in automation—Process Automation, that is. This white paper goes into detail about the Process Automation entry point into an Enterprise Business Process Management (BPM) program. Read on to learn how Process Automation opens up new ways to help your business do things faster—like open up a new sales channel or deliver customer orders. Discover how Process Automation enables your business to run smoother and consistently in an orchestrated way. With a true Enterprise BPM solution, you can automate newly designed processes far easier than starting from scratch.

















Comments
Post new comment