Hyderabad, India (PressExposure) July 10, 2008 -- Satyam Computer Services, Ltd. (NYSE: SAY), a leading global consulting and information technology services provider, announced today that Satyam BPO, its business process outsourcing arm, won two prestigious Six Sigma IQ Excellence Awards. Satyam BPO was honored in the Best Defect Elimination in Service & Transaction and Best Design for Six Sigma categories. The International Quality and Productivity Center established the Six Sigma IQ Excellence Awards to honor, recognize and promote Six Sigma projects that demonstrate true best practices. Satyam BPO was presented the awards at a ceremony held during the 9th Asian Six Sigma Summit in Singapore.
Submissions for IQ Excellence Awards are evaluated on a broad range of qualifications by some of the Six Sigma communityâs most experienced practitioners like Steven Tao of GE Consumer and Industrial, Kerri Gill of Commonwealth Bank of Australia, Shishir Prasad of UBS Investment Bank, Yam Hong See of Seagate Technology, William Yang of Owens Corning and Reiko Tanaka of Sony Corporation, thus lending the awards exceptional credibility.
Satyam BPOâs awards come on the heels of two other recent honors for the organization. Satyam received the Shared Services Excellence Awards in the âBest BPO Service Providerâ and âBest Customer Service Delivery Frameworkâ categories. Satyam BPO was also listed as the number two BPO by The Black Book of Outsourcing.
âIt is an honor for Satyam BPO to be recognized for world-class business process quality, which is key to successful business transformation,â said Satyam BPO chief executive officer Venkatesh Roddam. âThese awards demonstrate the success of our efforts to continuously improve our processes, deliver superior service to customers, and enable them to focus on strategic initiatives."
The awards also reflect Satyam BPOâs commitment to the eSCM capability model, an approach to BPO developed by the IT Services Qualification Center (ITsqc) at Carnegie Mellon University in Pittsburgh, Penn. In fact, Satyam BPO is the worldâs first BPO organization to achieve eSCM Level 5 certification.
âAt Satyam BPO, we look for transformational opportunities in client processes from the very first interaction,â said Kishore Rao, the vice president of quality at Satyam BPO. âSix Sigma programs help us in these committed transformation efforts, through rapid and sustained creation of value.â
About Satyam Satyam (NYSE: SAY), a leading global business and information technology services company, delivers consulting, systems integration, and outsourcing solutions to clients in 20* industries and 63* countries.
Satyam 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 companyâs 51,127* professionals excel in engineering and product development, supply chain management, client relationship management, business process quality, business intelligence, enterprise integration, and infrastructure management, among other key capabilities.
Satyam development and delivery centers in the US, Canada, Brazil, the UK, Hungary, Egypt, UAE, India, China, Malaysia, Singapore, and Australia serve 654* clients, including more than one third of the Fortune 500. For more information, see http://www.satyam.com.
Safe Harbor 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 âRisk Factorsâ in our report on Form 6-K concerning the quarter ended December 31, 2007, furnished to the United States Securities Exchange Commission on January 28, 2008 and the other reports filed with the Securities Exchange Commission from time to time. These filings are available at http://www.sec.gov.
This announcement is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from Satyam and that will contain detailed information about Satyam and its management, as well as financial statements.