|Satyam launches solutions
for Banking and Oil & Gas
iDecisions, iLubes powered by SAP NetWeaver
HYDERABAD, AUGUST 27, 2007: Satyam Computer
Services today announced the launch of two niche composite solutions on SAP
for the Banking as well as the Oil & Gas industry. Both of these have been
certified by SAP and are powered by NetWeaver technology.
iDecisions –the solution for Banking –is a comprehensive packaged
analytic framework that enables efficient business management though the use
of a central industry-standard data model supported by powerful analytical
tools. The key differentiation is its ability to help businesses to efficiently
and effectively transform enterprise data into intelligence and to gain strategic
and tactical advantage over competition.
iLubes –the solution for lube companies in the Oil & Gas segment–creates
a mechanism to track performance of lubricants supplied to industrial customers
in the utilities and steel industries, power plants and other process industry
domains. It helps lube companies improve supply chain processes and also to
enhance their marketing programs with their customers while ensuring control
“Satyam’s strategic investments in developing composite solutions
on SAP are focused on delivering niche domain solutions for our customers
thereby further enhancing the value of overall SAP solutions. iDecisions & iLubes are
niche domain solutions, launched to address business processes in the Banking
and Oil & Gas industries respectively which is directed towards delivering
significant business value to our customers as well as the SAP product landscape”. said
Mr. Manish Mehta, Global Head –SAP & Testing Practices.
These composite solutions form a part of the industry solutions initiative
at Satyam, which is aimed at providing solutions to business problems and delivering
much greater business value to the end customer. Currently Satyam offers domain
specific composites on SAP for Automotive, Banking, Telecom and Oil & Gas
For further information, contact: email@example.com
This press release contains forward-looking statements within the meaning of
section 27A of 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.
Satyam undertakes no duty to update any forward-looking statements. For a discussion
of the risks associated with our business, please see the discussions under the
heading “Risk Factors”in our report on Form 20-F concerning the quarter
ended March 31, 2007, furnished to the United States Securities Exchange Commission
on April 30, 2007 and the other reports filed with the Securities Exchange Commission
from time to time. These filings are available at http://www.sec.gov.