| Satyam emerges as the global No. 2 outsourcing vendor as per The Black Book of Outsourcing’s Top 50 Best Managed Companies, 2006 survey |
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- Satyam ranked No. 1 amongst Indian IT companies, No. 2 globally out of 872 outsourcing vendors in 63 countries
- Survey conducted by Brown-Wilson Group Inc., for publishing in The Black Book of Outsourcing
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HYDERABAD, July 12, 2006—Satyam Computer Services, Ltd. (NYSE: SAY), the leading global consulting and information technology services company, has been ranked by the Brown-Wilson Group as the number two outsourcing vendor globally. This was as per its annual survey of over 870 IT and ITES companies worldwide. Satyam improved its rank from number 19 in 2005. This year, Satyam also figured as the leading Indian provider.
The Brown-Wilson survey analyzed 872 outsourcing vendors in 63 countries. Its results will appear in the Black Book of Outsourcing, a renowned and highly endorsed publication. The survey measured CEO Commitment, Human Capital Performance, Corporate Direction and Leadership Impact. Other factors included Management Performance, Client and Employee Satisfaction, and Organizational Excellence. Satyam’s overall score was 93.4 (out of 100).
“The achievement of Satyam to the top ranks of global outsourcing leadership is a testament to management’s commitment to its clients, prospects, contractors, customers and employees worldwide. We are pleased to be able to recognize Satyam with this prestigious industry award based entirely upon impartial and extremely stringent leadership qualification factors,”said Douglas Brown, president of Brown-Wilson Group and co-author of The Black Book of Outsourcing.
“This achievement underscores the fact that the world recognizes our organization’s commitment to excellence,”said B. Ramalinga Raju, founder and chairman, Satyam. “Outsourcing experts have a great deal of respect for The Brown-Wilson Group, and its list. To be placed in the top two is a tribute to our superior team of executives, as well as the remarkable and talented people they manage. It also reinforces our stakeholders’confidence in our capabilities,”he added.
Raju further said, “This recognition brings with it an additional responsibility to create added business value to maintain our leadership position. We will continue with our efforts of delivering excellence to all our stakeholders.”
The 50 Best Managed Global Outsourcing Vendors 2006 Survey and Analysis Methodology
The Black Book of Outsourcing 2006 Survey on superior management practices and leadership outcomes was distributed electronically to customers, employees, buyers, contractors and users worldwide beginning December 2005. The survey questionnaire was sent to 70,000+ individual contacts and officers in corporations, businesses, organizations and government agencies who use, offer and/or are employed in outsourcing services. The majority of the respondents were from North America, with the balance coming from Europe and the Asia-Pacific region.
The survey, which closed in June 2006, consisted of 26 questions on four survey areas: CEO Commitment, Human Capital Performance, Corporate Direction and Leadership Impact. Eighteen optional questions focusing on innovation, growth, internal management practices and global results were tested for future applications.
About The Black Book of Outsourcing
The Black Book of Outsourcing is a comprehensive directory and a handy guide for the emerging field of outsourcing. It includes expert advice on how to operate an outsourcing program, how to deal with the political aspects of outsourcing, and how to find a career in outsourcing. It lists out best outsourcing vendors and rates them under relevant and specific parameters. The book is authored jointly by outsourcing gurus –Doug Brown and Scott Wilson of the Brown-Wilson Group Inc.
Satyam Contacts
For further information, contact: rfi@satyam.com
India
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Rajesh, rajesh@perfectrelations.com, +91 40 55316861, +91 98490 42184
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US
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Ivette Almeida, ialmeida@hfgcg.com 1- 646-284-9455 | +1-201-232-0128
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Europe
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Priti Thakker, priti_thakker@satyam.com, +1 973 753 1858, +1 973 997 1149
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Asia- Pacific
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Reshma Wad Jain, reshma@wer1.net, +65 6737 4844, +65 98140507 or Amber Dale, a.dale@polaris-me.com, Jiang Ying, rfi@satyam.com, +86 21 5080 7600 extn 4015, +86 13816686084
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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 “Risk Factors” in our report
on Form 20 F concerning the fiscal year ended March 31, 2006,
furnished to the United States Securities Exchange Commission
on April 28, 2006 and the other reports filed with the Securities
Exchange Commission from time to time. These filings are
available at www.sec.gov
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