• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager
• Smartbuy

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Hyderabad, April 29 Satyam Computer on Tuesday announced it signed an agreement with steel major Arcelor-Mittal, as one of the two global IT services providers to consolidate sub-contractor activities and help in overall business transformation.

As a part of this deal, Satyam will set up an Arcelor-Mittal Centre of Excellence in Hyderabad. This agreement will focus on enhanced application support, cost advantages, reduced vendor management overheads and help in IT convergence initiatives for Arcelor-Mittal.

The Director and Senior Vice-President, Satyam Computer, Mr Subu D. Subramanian, said Satyam will partner Arcelor-Mittal, the company customer since 2003, on the critical transformation initiative of their Information Technology Services in Western Europe.

The deal (details of which were not disclosed on non-disclosure terms) provides opportunity to offer integrated process technology solutions from the Satyam’s manufacturing practice, Mr Subu told Business Line from Chicago.

Mr Subu said that this initiative plans to drive down the overhead of managing multiple local vendors in countries where the company’s plants are located by driving down costs and providing enhanced application support. Later, a common platform will be created to reduce company costs.

“Satyam’s recent acquisition of S&V Management Consultants (based in Belgium) in Europe will play a role in the execution of this long term deal. While Hyderabad will anchor the development and support for this project, other centres in Europe at Hungary and Paris will complement when necessary,” he said.

More Stories on : Outsourcing | Steel | Software | Satyam Computer Services Ltd

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Satyam, Arcelor-Mittal in outsourcing deal

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line