Source: Business Standard

Hyderabad-based Satyam Computer’s engineering services division is all set to clinch deals worth $150-200 million (between Rs. 600-crore and Rs. 800-crore).

Just recently, it has bagged four major deals in Singapore, Australia and the UAE, which cumulatively are valued at $70-75 million.

TSK Murthy, Head (Integrated Engineering Solutions), Satyam says: “We see aerospace, high-tech telecom, automotive and industrial manufacturing as the fastest and dominant growing sectors. Besides, with task-based projects transforming into programme-based projects, the deal sizes in this space are getting bigger at between $20-million and $40-million each.” He goes on to confirm that Satyam has eight deals in the engineering services sector in the pipeline, each ranging from $20-million to $25-million, adding “The deals are at various stages of maturity. A few of them may be wrapped up by the current financial year-end.”

According to Murthy, the next three years will see the division investing around $5-million in building centres of excellence (CoEs), along with appropriate infrastructure, and as a part of which, an electro-mechanical lab will come up in Hyderabad and Bangalore.

As well, Satyam’s engineering services division, which contributed 7% to Satyam’s total revenues last financial year, and accounted for 7.2% during the first quarter of the current year, is also set to double its headcount. All part of Satyam’s expectations that its engineering division will add double-digit growth to it’s top line during the current financial year.

Not far-fetched at all, as a 2006 Booz-Nasscom study indicates that by 2020, global off-shoring of engineering services will become a Rs $200-billion opportunity. On the right tack, Satyam is one the first few Indian firms taking advantage of the next big thing i.e. Engineering Process outsourcing (EPO). Even as, Vikas Sehgal, Partner, Booz Allen Hamilton, Chicago, says: “With its inherent talent pool and the growing automotive and aeroplane markets in India, the country could capture 25% of this.”

Source: www.business-standard.com

Satyam Computer Services Limited, one of India’s leading IT services and consulting firm is working with 4-5 pharmaceutical companies, to help them achieve a faster turnaround time in drug development, which in the normal course of things can take anywhere between 15 to 20-years, before a new product is ready to hit the drug stores.

Responsible for providing an integrated solution to the pharma firms for different stages of drug development, including analysis, validation process and better targeting, Satyam will also cover clinical trials.

This strange mix of IT and Pharma may come as a surprise to many, however, it is nothing but another frontier for the IT industry to conquer! Since, clinical trials form the most time-consuming part of a drug development project, IT tools can help drug firms to significantly reduce time, assist in speedy consolidation and evaluation of patient data.

Ram Mynampati, President – Satyam (Commercial and Healthcare business), without revealing any names his firm will be working with, said Satyam’s IT solutions would substantially reduce the time cycles of drug development programmes, resulting in a huge saving for pharma companies in terms of investment and time.

Currently, the Satyam team consists of 40-Ph.D. scholars and medical doctors to help design the applications required in a drug development programme.

This is an evolution in Satyam’s 20-year journey, from implementing SAP to direct involvement in their business development, as the IT firm is demonstrates its capability to thresh out workable pharma industry solutions.

As well, over 20-pharma firm, such as, Glaxo SmithKline and Novartis, will also be the recipient of Satyam’s consulting and IT services for front end and back office operations.

Breaking new ground, Satyam proves IT firms are not just about writing code!