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Mahindra Satyam awarded SAP ERP implementation contract by Insurance Regulatory and Development Authority (IRDA)
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| >Hyderabad, November 10, 2010: Mahindra Satyam, the brand name of Satyam Computer Services Ltd., a leading global consulting and IT services provider, today announced that it has signed a contract today to implement SAP ERP for the Insurance Regulatory and Development Authority (IRDA).
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| Speaking on this occasion, Dilip Jha, Senior Vice President, Business Head – Middle East, Africa & India, Mahindra Satyam, said, "This prestigious contract with IRDA reiterates not only our capacity to address the specific needs of the insurance industry, but also underlines the upshot of our strategic partnership with SAP and our expertise in implementing enterprise ready SAP solutions. We look forward to helping IRDA deliver fast, accurate business decisions and provide exceptional value to its numerous employees more effectively."
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| Mahindra Satyam's implementation of the ERP system will include human resource management, payroll, self-service portals, accounting modules, connected hardware & software and providing post implementation support. This will help IRDA standardize and automate business processes across its units, thereby enabling faster decision making, providing enhanced financial reporting. The solution will help automate most organizational functions and provide improved business processes for IRDA. |
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| About Mahindra Satyam
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| Mahindra Satyam 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. |
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| 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.
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| Mahindra Satyam is part of the $11.1 billion Mahindra Group, a global industrial federation of companies and one of the top 10 business houses based in India. The Group's interests span automotive products, aviation, components, farm equipment, financial services, hospitality, information technology, logistics, real estate and retail.
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| Mahindra Satyam IMS is a leader in offering innovative and transformational infrastructure services to enterprises helping them build and manage their IT infrastructure more efficiently and effectively.
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| 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. |
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| For more information, see www.mahindrasatyam.com |
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| Follow us on Twitter: http://twitter.com/mahindra_satyam |
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| For clarifications, write to us at: MediaRelations@mahindrasatyam.com |
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| Safe Harbor |
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| 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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