Satyam plans growth in non-U.S. regions

Satyam plans growth in non-U.S. regions

By SiliconIndia   |   Tuesday, 22 July 2008, 07:00 Hrs
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Mumbai: Satyam, a Hyderabad based computer service firm, plans for 50:50 mix revenue system, through its growth in non-U.S. regions. Ram Mynampati, President, Commercial and Healthcare, Satyam Computer Services, said, "It is no secret that U.S. market is facing a lot of challenge and is in a state of change. For the next few quarters, we expect greater growth from non-U.S. markets."

It expects an expansion of its growth graph in areas as India, West Asia and Australia. Mynampati said that the revenues from the U.S. would contribute 50 percent to the company’s topline from the current 60 percent. South America too figures on their list for expansion as he says, "We are targeting to have a center in Mexico and are also evaluating a base either in Chile or Uruguay." It intends to set up two new development centers for both IT and BPO in South America.

The 2.5 percent of revenue from the Japanese firms for the company have stagnated. But it enjoys more than 100 percent growth in countries like West Asia and India.

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