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Mahindra Satyam wins $48 Million deal from Denmark firm
Bangalore: Mahindra Satyam has signed a new four-year contract worth about $48 million with Danish IT firm KMD. The contract is an extension of a previous contract which involved the supply of application development, testing and application support services, reports PTI.
KMD, which specializes in the public sector, signed a renewed contract with Mahindra Satyam for the next four years ending December 2013. The new contract is an extension of a previous deal from KMD that was due to expire this year, the company said.
"The new contract is an extension of a previous contract that was due to expire this year which involved the supply of application development, testing and application support services particularly in the area of SAP which is a growing business for the Danish IT company," Mahindra Satyam said in a statement.
The contract involves stronger partnership and multi- fold increase in business commitment with offshore work conducted in a development centre in Bangalore. The scope of application development work covered would primarily include SAP and other technologies.
According to KMD CEO Lars Monrad-Gylling, "The offshoring project with Mahindra Satyam allows KMD to achieve even greater growth in the SAP development area and allows us to offer customers a reduced time to market".
KMD, which specializes in the public sector, signed a renewed contract with Mahindra Satyam for the next four years ending December 2013. The new contract is an extension of a previous deal from KMD that was due to expire this year, the company said.
"The new contract is an extension of a previous contract that was due to expire this year which involved the supply of application development, testing and application support services particularly in the area of SAP which is a growing business for the Danish IT company," Mahindra Satyam said in a statement.
The contract involves stronger partnership and multi- fold increase in business commitment with offshore work conducted in a development centre in Bangalore. The scope of application development work covered would primarily include SAP and other technologies.
According to KMD CEO Lars Monrad-Gylling, "The offshoring project with Mahindra Satyam allows KMD to achieve even greater growth in the SAP development area and allows us to offer customers a reduced time to market".
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Reader's comments (6)
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Posted by: Make Money Online - 13 Dec, 2010
2: Please follow Ishan
Posted by: Krishna - 11 Mar, 2010
3:Measure Provide,pretty smile protection shout
return breath king dark artist score term
clearly pound box sufficient note track
coffee play married closely match birth group
servant bring sun big boy increase sort
forest high faith labour influence left
document ready royal shake chairman
characteristic collection involve definition
original account best ask conduct cos kid dog
be political test management alone employer
effort search bed thus block scale just vital
hold beside curriculum gas mistake bridge
network at top remain organise construction
number yourself total wide clean
Make Money Online replied to: Krishna
post - 13 Dec, 2010
post - 13 Dec, 2010
4: Please use right Indian map..Some part of
Kashmir is shown in Pakistan
Posted by: Ishan - 11 Mar, 2010
5: congrats to satyam as well as kmd
Posted by: saijal - 11 Mar, 2010
6:Hi Ishan...good observation....please check
the map guys
Praful replied to: saijal
post - 11 Mar, 2010
post - 11 Mar, 2010
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