Satyam plans offices in West Asian region

By agencies   |   Thursday, 24 November 2005, 08:00 Hrs
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HYDERABAD: Satyam Computer Services Ltd plans to open regional offices in the West Asian region while developing Dubai as its key base.

Announcing this the company source said that the West Asian region is a critical component of Satyam’s global strategy, achieving a 75 percent growth in the region.

For the year 2006, Satyam is looking at an aggressive growth rate and a drive towards regional investment in that area. The company said that the strong partnership between them and Oracle is enabling companies in the West Asia to reap full benefits of their technological strategies. The enterprise application software (EAS) is changing businesses in the West Asia, Africa and the EAS market will continue to expand in the region over the next few years. According to Heini Booysen, program manager, software, IDC MEA operations, “the market will register a compound annual growth rate of 12 percent over the next five years and will touch around $300 million by 2009.”

Besides, Satyam is also in the process of deploying a workflow-driven automated solution to address the lifecycle of property and leasing processes at the Dubai Municipality, as part of its ‘eGov’ initiatives. The solution is based on the Property Manager module of Oracle E-Business Suite. Satyam expects strong demand for ERP solutions from the energy, government and service sectors, and increased software investment from Qatar and Saudi Arabia.

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