Satyam Computers wins deal with U.S firm

By SiliconIndia   |   Wednesday, 28 March 2007, 05:00 Hrs
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Hyderabad: India's Satyam Computer Services has won a $200 million contract from U.S. semiconductor equipment maker Applied Materials. Satyam will provide services to develop software and maintain the information technology infrastructure of Applied Materials. The contract is for five years, Hyderabad-based Satyam Computer Services said in a statement.

Ron Kifer, Chief Information Officer of Applied Materials, said that the deal is expected to "provide us with a very cost-effective solution for managing IT and business infrastructure processes and activities, as well as measurable service level and quality enhancements."
U.S and European companies are increasingly shifting their departments to get these jobs done at a lower cost in India _ a trend that is expected to drive the next boom in outsourcing. Earlier, companies outsourced mostly call center services and back-office work like accounting and billing, the statement said.

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