Satyam Launches Industry’s First Engineering Development Training Program

Feb. 20, 2008 - PRLog -- Plans to roll-out 600 – 800 entry level employees through the initiative in 12 months

Hyderabad (India), February 20th, 2008: Satyam , a leading business and information technology services provider, today announced the launch of Satyam Entry-Level Engineering Development program called the SEED. A first-of-its-kind in the industry, SEED is a 4 months training program for the entry-level engineers. It is aimed at building a quality resource pool to support engineering programs of global clients. Customized training modules within the program are designed to shrink the grooming time for the young engineers and hence yield faster results for the client.

The first batch of 50 engineers has already commenced at the state-of-the-art training facility in the technology campus of Satyam at Hyderabad. To develop and validate the course content, Satyam has signed MoUs with leading academic institutions like Indian Institute of Science (IISc) Bangalore (Aerospace domain), Indian Institute of Technology (IIT) Chennai (non-Aerospace domains) and Central Institute for Tool Design (CITD) Hyderabad.

Dr. TSK Murthy, global head, Satyam Integrated Engineering Services, said “Today manufacturing companies want to gain competitive advantage through Global Product Development. Implementing this requires reconfiguring product development activities across multiple regions of the world. This is done with an eye toward maximizing productivity while mitigating risk. Outsourcing and offshoring become core strategies and hence the need for quality talent pool that will make this into a reality. The SEED initiative is a strategic step by Satyam to build a talent pool that would be best-in-class in advanced areas of engineering design and development. We would thus be able to effectively partner with our clients aim to pursue a reduce-cost and grow-profit strategy.”

The training program spreads over six months and encompasses design basics from premier engineering institutes with application examples, followed by industry visits and training on 3D CAD systems taught at real time tool rooms. The incumbents are exposed to practical problems during the program for better visualization and appreciation of design concepts. There are added modules planned further to ensure a steep learning curve combined with efficient deliveries for global design centers, which are on an expansion stage in India. The company plans to train 600 – 800 entry level engineers in the next 12 months

“This program is part of a much bigger ‘strategic competency development’ program spread over 2-3 years wherein Satyam would groom engineers into future designers/analysts in multiple engineering disciplines like Mechanical, Electrical and Electronics. Satyam thus will move up the product development value chain – from low end design support services to high end activities like conceptualization/design, analysis, embedded systems, system design, and the like. And given the unique mix of industry, academia and govt. institutes in this initiative, this training program offers the best in the Engineering Industry in India today!” stated Rajul Asthana, global head, Satyam Learning Center.


Satyam is also discussing with international universities of USA and UK for designing Quality Improvement Programs (QIPs) tailor-made for Satyam engineers in the areas of Structures, Hydraulics, Design for Six Sigma / Reliability, Finite Element Analysis and Manufacturing Engineering.

Market Opportunity
According to NASSCOM-Booz Allen Hamilton report released in August 2006, market for off-shored Engineering Services in India would be in the tune of US$40 billion by year 2020 (CAGR ~ 25% over 15 years) and about 100,000 engineering graduates would be joining this industry every year to deliver high-end engineering services for global customers.

About Satyam
Satyam , a leading global business and information technology services company, delivers consulting, systems integration, and outsourcing solutions to clients in 20* industries and 61* countries.

Satyam leverages deep industry and functional expertise, leading technology practices, and an advanced, global delivery model to help clients transform their highest-value business processes and improve their business performance. The company’s 49,199* professionals excel in engineering and product development, supply chain management, client relationship management, business process quality, business intelligence, enterprise integration, and infrastructure management, among other key capabilities.

Satyam development and delivery centers in the US, Canada, Brazil, the UK, Hungary, Egypt, UAE, India, China, Malaysia, Singapore, and Australia serve 630* clients, including more than one third of the Fortune 500. For more information, see www.satyam.com.
*As of Dec. 31, 2007

Safe Harbor
This press release contains forward-looking statements within the meaning of section 27A of Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Satyam undertakes no duty to update any forward-looking statements. For a discussion of the risks associated with our business, please see the discussions under the heading “Risk Factors” in our report on Form 6-K concerning the quarter ended December 31, 2007, furnished to the United States Securities Exchange Commission on January 28, 2008 and the other reports filed with the Securities Exchange Commission from time to time. These filings are available at http://www.sec.gov