Hyderabad, 07 March, 2011: Mahindra Satyam, a leading global consulting and IT services provider, today announced that its Oracle Practice has signed a contract with OMRAN, the company mandated by the Government of Oman to deliver major projects and manage tourism assets and investments, in association with Bahwan IT, Mahindra Satyam's local partner in Oman to implement Oracle ERP.
“We selected Mahindra Satyam as our partner for the Oracle ERP implementation because we recognized its excellence and competence and the result of years of global Oracle experience,” said Eng. Wael bin Ahmed Al Lawati, Chief Executive Officer, OMRAN. “Mahindra Satyam and Oracle's solutions will support OMRAN at all levels and will help streamline the various units and enable an orderly growth of our business.”
Mahindra Satyam’s implementation of the ERP system will include solutions across Finance, HRMS, Payroll and Procurement functions. This will help OMRAN standardize and automate business processes across its units, thereby enabling faster decision making, providing better service to all its stakeholders. The solution will help automate most organizational functions and provide improved business processes for OMRAN.
Speaking on this occasion, Bobby Gupta, Vice President and Head of MENA, Mahindra Satyam said, “This contract is a manifestation of our ability to provide specialized solutions in the field of e-governance and also underlines the upshot of our strategic partnership with Oracle and our expertise in implementing enterprise ready Oracle solutions. We look forward to helping OMRAN deliver fast, accurate business decisions and provide exceptional value to its numerous employees more effectively. We view this win as an opportunity to strengthen our presence in Oman & Middle East and extend our technology and expertise here.”
About OMRAN
Omran is mandated by the Government of Oman to deliver major projects and manage tourism assets and investments. This is in line with the Government’s vision of positioning tourism as a major economic driver of the future and as a generator of employment. Omran’s growing project portfolio, with a value of US$10 billion, includes some of the largest developments in Oman such as the Oman Convention & Exhibition Centre. Having delivered the 2 nd Asian Beach Games facilities in record time and with an impressive health and safety record, it is now focusing on the delivery of its numerous projects spanning the country. Omran is also a prominent asset manager owner of tourism assets in Oman including Al-Bustan Palace Hotel and Intercontinental Muscat.
Regional and international investors have chosen Omran as their partner in developing mega mixed used projects and master-planned communities in addition to real estate developments and niche projects, with more than 20 joint ventures under various stages of development.
In developing these projects, sustainable development is of paramount importance, with the company management systems having been certified to ISO 14001 & 18001 standards. Omran also believes firmly that local communities and its stakeholders have to be the ultimate beneficiaries of its developments and activities.
About Mahindra Satyam
Mahindra Satyam (the new brand identity of Satyam Computer Services Ltd.) is a leading global business and information technology services company that 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 professionals excel in enterprise solutions, supply chain management, client relationship management, business intelligence, business process quality, engineering and product lifecycle management, and infrastructure services, among other key capabilities.
Mahindra Satyam is part of the $7.1 billion Mahindra Group, a global federation of companies and one of the top 10 industrial firms based in India. The Group’s interests span financial services, automotive products, trade, retail and logistics, information technology and infrastructure development.
Mahindra Satyam development and delivery centers in the US, Canada, Brazil, the UK, Hungary, Egypt, UAE, India, China, Malaysia, Singapore, and Australia serve numerous clients, including many Fortune 500 organizations.
For more information, see www.mahindrasatyam.com,
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Safe Harbor
This press release contains forward-looking statements within the meaning of Section 27A of the 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. Mahindra Satyam undertakes no duty to update any forward-looking statements.
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