Satyam wins World Bank contract

By siliconindia   |   Thursday, 19 June 2003, 19:30 IST
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Satyam Computer Services, Ltd. today announced the winning of a new long-term contract from the World Bank.

HYDERABAD: The World Bank is an existing customer of Satyam and the new contract was won against stiff competition from other global IT companies, the company claimed. Satyam was chosen as the World Banks primary offshore IT services partner for this contract. Rakesh Asthana, Director, Corporate Information Services of the World Bank said, "With this contract, our relationship with Satyam has matured from a contractual relationship to a strategic partnership. Over the next 5 years, we see Satyam as a key contributor to the implementation of the World Bank’s IT strategy." Scott Ligon, Financial Systems & Satyam Relationship manager of the World Bank commented "Our relationship has moved to the next level with the introduction of quality processes and a tightly integrated ODC infrastructure. The Chennai World Bank-Satyam Offshore Development Center is considered at par with our 110 World Bank Country offices around the world." Satyam would deliver solutions like ERP, Java, .NET, Notes/Domino, Document Management, Messaging amongst others. Speaking of the win, Satyam’s President Ram Mynampati said, "This is a very prestigious contract and we are delighted to work with the World Bank. This contract is for offshore services with provision for onsite projects. We look forward to a continued and mutually rewarding relationship with the World Bank", he added. Satyam supported the media design of the World Bank intranet, which was ranked among the world’s 10 best intranet sites by the reputed US agency Nielsen Norman (NN) Group in October last year.