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NAVTEQ Renews Contract with Mahindra Satyam BPO for Two Year Period
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- Mahindra Satyam BPO to continue providing wide portfolio of geospatial services to NAVTEQ
- Contract renewed for two years
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| HYDERABAD, India, 21st February, 2011: Mahindra Satyam, a leading global consulting and IT services provider, today announced that its business process outsourcing arm, Mahindra Satyam BPO has renewed its existing contract with NAVTEQ – the leading global provider of digital map data – for a further period of two years. Mahindra Satyam BPO’s relationship with the customer is over five years old, and it currently provides a wide portfolio of services to the customer. |
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| Luther Siebert, Vice President of Global Production Operations at NAVTEQ, said, “We are delighted to extend our contract with Mahindra Satyam BPO. Mahindra Satyam BPO has always displayed initiative and enthusiasm to support the complex processes required in the creation and updates of NAVTEQ’s digital maps. They have played an important role in helping NAVTEQ provide best-in-class geospatial services to its customers globally.” |
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| Mahindra Satyam BPO’s abilities to successfully handle multiple projects across geographies, deliver high-quality services and consistently enhance productivity were cited as the main reasons for the contract renewal. |
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| Speaking about the achievement, Vijay Rangineni, CEO, Mahindra Satyam BPO said, “The renewal of the contract for a further period of two years shows NAVTEQ’s confidence in our organization. In 2004, we started by handling two of the customer’s processes. Over time, we have strengthened our relationship by handling various distinct and complex processes for the customer. The renewal of the contract was a logical extension. We are excited about the possibilities that lie ahead of us, and are confident that our engagement with NAVTEQ will continue to be a strategic business relationship in the true sense of the term.” |
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| The services currently provided by Mahindra Satyam BPO include geospatial software applications and modeling, as well as data support services. |
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| About Mahindra Satyam BPO |
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| Mahindra Satyam BPO is powered by a combination of domain expertise, operational excellence, process skills, and superior technology. The organization has been adjudged as ‘India’s Most Customer Responsive BPO Company 2010’*. One of India’s leading integrated end-to-end outsourcing service providers, the company offers proven, full-service expertise for multiple industries, including telecom, pharmaceuticals, financial services, and manufacturing. Mahindra Satyam BPO’s global delivery standards have resulted in numerous longstanding client relationships with Fortune 500 companies. The company operates from its main delivery centers in Hyderabad – in addition to onsite delivery teams. |
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| *Awarded at the ‘Customer Responsiveness Awards 2010”, organized by AGC Networks, The Economic Times, Ernst & Young, and Nielsen. |
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| About Mahindra Satyam |
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| 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. |
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| 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. |
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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 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 |
| Follow us on Twitter: http://twitter.com/mahindra_satyam |
| 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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