Milestones

We are one of the youngest IT service companies to reach US $1 billion in annual revenues.

Our journey has been eventful, designed for growth, and marked by numerous pioneering achievements and global awards. We have made significant contributions to the professional services industry, in India and overseas. Some significant milestones are listed below:

2008

• Revenue crosses US $ 2-billion mark
• Adopts new tagline “Business Transformation. Together.”
• Enters agreement to acquire S&V Management Consultants, a Ghent, Belgium-based supply chain management (SCM) consulting firm
• Agrees to acquire Caterpillar’s market research and customer analytics (MR&CA) operations
• Becomes the first company to launch a secondary listing on Euronext Amsterdam under NYSE Euronext’s new  “Fast Path” process for cross listings in New York and Europe
• Becomes the first company to be invited by the National Stock Exchange (NSE) to ring the opening bell
• Enters into a definitive agreement to acquire Chicago-based Bridge Strategy Group

2007

• Becomes the Official IT Services Provider for the FIFA World Cups, 2010 (South Africa) and 2014 (Brazil)
• Announces acquisition of UK-based Nitor Global Solutions Limited
• B. Ramalinga Raju, founder and chairman of Satyam, was named the "Ernst & Young Entrepreneur of the Year "
• Opens Global Development Center (GDC) in Malaysia
• Opens Development Center in Vizag, India
• Becomes the first Asian company to feature in the Training Magazine’s list of Top 125 companies for learning

2006

• Revenue exceeds US$1 billion
• Sets up the first “Global Innovation Hub” in Singapore
• Sets up operations in Guangzhou, China

2005

• FLC framework launched across the entire organization
• Largest global development center outside India (in Melbourne) begins operation
• Citisoft and Knowledge Dynamics acquired

2002

• Satyam BPO launched in Hyderabad
• First Customer Summit conducted

2001

• Satyam becomes world’s first ISO 9001:2000 company to be certified by BVQI
• Listed on the NYSE (SAY)
• APAC headquarters established in Singapore

2000

• Associate count reaches 10,000
• Satyam receives National HRD Award from Indian government
• Dataquest names Ramalinga Raju "IT Man of the Year"

1999

• Assessed at SEI CMM® Level 5
• Satyam Infoway (Sify) becomes the first Indian Internet company listed on NASDAQ
• Satyam forms joint venture with TRW Inc.
• Presence established in 30 countries

1993

• Satyam signs joint venture with Dun & Bradstreet for IT Services
• Awarded ISO 9001 Certification
• Satyam Technology Center (STC) inaugurated
• Joint venture with GE announced

1991

• Offshore software project with John Deere & Co.—Satyam’s first Fortune 500 customer—announced
• Recognized as a public limited company; debuts on the Bombay Stock Exchange (BSE)
• IPO oversubscribed by 17 times

1987

• Incorporated as private limited company