Satyam Computer Services Ltd.
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Satyam Computer Services Ltd. | |
Type of Company | Public (NYSE: SAY) |
---|---|
Founded | (1987) |
Headquarters | Hyderabad, Andhra Pradesh, India |
Key people | Ramalinga Raju [1] , Chairman Rama Raju, MD |
Industry | Information Technology |
Revenue | Over 1 billion (1096.30 million) USD (2006) (Google Finance Quote) |
Employees | 34,908 |
Slogan | What Business Demands |
Website | www.satyam.com Chinese Version French Version German Version Japanese Version Portuguese Version Korean Version |
Satyam Computer Services Ltd. is a consulting and information technology (IT) services company based in India.
Contents |
[edit] About
Satyam Computer Services Ltd. is headquartered at Hyderabad, India. It was founded by B.Ramalinga Raju in 1988. It offers a variety of IT services spanning across different industry verticals. Satyam's network spans 55 countries, across six continents.
The company employs over 34,908 IT professionals across development centers in India, the United States, the United Kingdom, the United Arab Emirates, Canada, Hungary, Singapore, Malaysia, China, Japan and Australia. It serves over 489 global companies, 156 of which are Fortune 500 corporations. Satyam has strategic technology and marketing alliances with over 50 companies.
Apart from Hyderabad, it has development centers in India at Chennai, Bangalore, Pune, Mumbai, Nagpur, Delhi, Kolkata, and Bhubaneswar.
- October 19, 2006 - Satyam Q2 Results Declared-- Profit Increased by 34.7% YoY, with total 34,908 Leaders.(Every Satyamite is a Leader)
- Satyam has been accorded the prestigious recognition by Most Admired Knowledge Enterprise (MAKE) as a top Asian Knowledge Organization. The MAKE Awards are given to leading Asian organizations that leverage enterprise knowledge to create value through innovation, product or service excellence, and operational effectiveness.
- Satyam’s best-of-breed training programs and learning interventions for Associates were accorded the prestigious [[American Society for Training & Development’s (ASTD)\\ BEST Awards-recognition. Satyam was ranked 15th in the ASTD’s Fourth Annual BEST Awards program, and is among the 39 organizations from India, South Africa, and the United States to receive this high-status award.
[edit] Milestones
[edit] 1999–present
- April 21, 2006 - Satyam revenue crosses US $1 billion[1]
- April 21, 2006 - Announces bonus issue of 1:1 [2]
- July 21, 2005 - Satyam acquired 100% stake in Singapore-based Knowledge Dynamics, a data warehousing and business intelligence solutions provider
- April 21, 2005 - Satyam acquired 75% stake in London-based Citisoft Plc, a highly specialised business and systems consulting firm focused on Investment Management industry.
- February 9, 2004 - Satyam opens new development center in Mississauga, Canada
- November 13, 2003 - The Chairman of Satyam, Mr. B Ramalinga Raju, given the closing bell honor at the New York Stock Exchange
- April 28, 2003 - Satyam Computer Services Launches Global Solutions Centre in Malaysia
- December 30, 2002 - Satyam stated as "Top choice for SAP support" by Giga Research group
- October 11, 2002 - B. Ramalinga Raju wins Corporate Citizen of the Year Award
- September 27, 2002 - Satyam wins Golden Peacock Award for Excellence in Corporate Governance
- March 20, 2002 - Satyam gets certified under BS 7799 International Information Security Standards
- Jun, 2002 - Satyam launches operations in China.
- November 20, 2001 - Satyam and Carnegie Mellon launch world's first IT-enabled Services Quality Model
- November 1, 2001 - Satyam opens Offsite Development Center in Sydney.
- May 15, 2001 - Satyam listed on New York Stock Exchange.
- April 16, 2001 - Satyam sets up Asia-Pac Headquarters at Singapore.
- April 3, 2001 - Satyam's Middle East Solutions Center inaugurated at Dubai Internet City.
- March 22, 2001 - Review 200 Survey rates Satyam one of the 10 Most Well-Regarded Companies in India.
- March 22, 2001 - Satyam becomes first ISO 9001:2000 Company in the world as certified by BVQI.
- December 22, 2000 - Satyam Chairman Ramalinga Raju named "IT Man of the Year" by Dataquest.
- July 1, 2000 - SatyamWorld, Satyam's Organization-wide Intranet, bags CIO Magazine's World's best 50/50 Intranet Sites award.
- February 2, 2000 - Satyam declared one of "100 Most Pioneering Technology Companies" by World Economic Forum, Davos.
- January 2000 - Satyam's joint venture with Venture Engineering Services Ltd. goes on stream.
- October 19, 1999 - Satyam Infoway becomes the first Indian Internet company to be listed on NASDAQ.
- September 17, 1999 - Satyam Chairman B. Ramalinga Raju receives Ernst & Young Entrepreneurship (Services) Award.
- March 19, 1999 - Satyam assessed at SEI CMM® Level 5.
[edit] 1993-1998
- November 22, 1998 - Launch of Satyam Infoway's ISP Service.
- September 1996 - Formal inauguration of Satyam Technology Center outside Hyderabad city.
- December 1995 - Satyam Infoway incorporated.
- November 1995 - Satyam Renaissance founded.
- March 1995 - Awarded ISO 9001 Certification.
[edit] 1987-1992
- May 1992 - Initial Public Offering oversubscribed by a factor of 17.
- January 1992 - Installation of 64 kbit/s satellite link, which paves the way for online access to global clients.
- August 1991 - Recognized as a Public Limited Company.
- June 1991 - Deere & Co., Satyam's first Fortune 500 Client, initiates an offshore software project.
- June 1987 - Satyam incorporated as a private limited company.
[edit] Landmarks
Satyam's landmark achievements include:
- Being ranked No. 1 outsourcer amongst Indian IT companies, No. 2 globally - Black Book of Outsourcing
- Being the Youngest Indian company to be part of billion dollar club
- Being the first company to be ISO 9001-2000 certified
- Being one of the first 10 companies in the world to get certified for CMM Level 5
- Being one among the first five companies to get certified for BS7799
- Having mature processes for business continuity and information security
- Pursuing the Six Sigma methodology for achieving high level maturity and improvements
- Pursuing ORBIT 5, which is an organization-wide effort aimed at transforming Satyam into an aggregation of highly mature and efficient processes and consistently delivering the highest levels of operational excellence at Level 5.
[edit] References
- ^ Satyam enters billion dollar club (Info as on 2006-08-24)
- ^ Satyam Milestones 1999-04 (Info as on 2006-08-24)
- ^ Satyam Milestones 1993-98 (Info as on 2006-08-24)
- ^ Satyam Milestones 1987-92 (Info as on 2006-08-24)
[edit] External links
- Satyam Foundation (Satyam's Corporate Social Responsibility arm)
- Satyam: No.1 H1B Sponsor in 2005 LCA:3268 Median Salary: $55000
- Nipuna Services Limited (Satyam's BPO arm)
- Satyam Venture Engineering Services
- Satyam Infoway (Sify)
- BuisinessWeek profile
- Satyam launches Futurus lab
- HR and IT partnership at Satyam
- News releases
- CNBC-Hewitt Survey 2004
- IT People Article
- Satyam Overview on Yahoo! Finance
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