Satyam plans to Expand Worldwide
Hyderabad: In order to swell its worldwide footstep, Satyam Computer Services is all set to establish development centres in Russia, Vietnam and the Philippines. The company thinks it can tap the local talent pool for these centres. Additionally, it would also help alleviate business threats through a worldwide delivery model.
As part of its expansion plan, the Nasdaq listed company has opened up a worldwide solutions centre in Malaysia that can house 500 people.
The fourth biggest software exporter from India will also open another centre in Malaysia by the middle of 2008 to accommodate around 2,000 affiliates. The company already hires about 300 people in the country.
B Ramalinga Raju, Satyam Chairman said, “Malaysia will be one of our largest software hubs outside India. We will hire about 500 people at the new facility in a year. The new centre compliments our near-shore hub here for our Asean customers.”
In the Asia-Pacific region, the company has a development centre in China and Egypt.
“We have four facilities in China, where we have about 500 people, while our centre in Egypt has about 100 employees. We have plans to ramp up our operations at Nanjing in China to 2,500 in future,” Mr. Raju added.
At the end of the first quarter of 2007, India, Middle-East, Asia-Pacific and African fields contributed to 18% of Satyam’s revenues. The company anticipates business in these areas to expand even faster than the United States in the future.
In the Middle-East, Satyam has plants in various countries, comprising Saudi Arabia, Oman and UAE. It is also eying South Africa as a rising domestic market for new dealings especially in administration, banking, oil & gas and telecom spheres. The company has 120 people across two centres in South Africa and is planning to increase it to 300 by the end of this existing fiscal.