Satyam Holds Value Engineering Workshop

April 29, 2008 - PRLog -- HYDERABAD, India: Satyam Computer Services Ltd. , a leading global consulting and information technology services provider, hosted a two-day Value Engineering seminar last week. The seminar was the result of collaboration among Satyam’s Integrated Engineering Solutions professionals, ARC Advisory Group, and several industry leaders. It provided a forum for representatives from a variety of sectors to discuss and promote Value Engineering principles.

These professionals discussed case studies in which Satyam has applied value engineering tools and concepts to reduce the cost and/or increase the value of a given product by enhancing reliability, safety, eco-friendliness, features, and/or functionality.

“Value engineering is a necessity for manufacturing organizations, which need to innovate continuously to differentiate themselves in a highly competitive market,” said AV Rajabahadur, Director of South and South East Asian operations, ARC Advisory Group, who had participated in the workshop. “Learning how to increase value without radical redesign is a real differentiator in our industry.”

Because manufacturing companies often focus on creating new products that improve performance and offer new features, they sometimes find that their existing products lose appeal with consumers, resulting in lower sales. Setting up a Value Engineering process, in which companies examine ways to continuously provide value for customers can solve this problem. Value Engineering has helped companies in a wide range of industries—aerospace, automobile, consumer products and heavy engineering equipment, for example—increase the profitability of their products. The products that result from Value Engineering programs are safer and more energy efficient. They also comply with environmental standards, and are more likely to remain competitive in the marketplace.

“Workshops such as this help participants keep up with changing market conditions and new engineering practices, so that they are equipped for ongoing transformation,” said Dr. T.S. Krishnamurthy, the global head of Satyam’s IES Practice. “They also illustrate our commitment to helping companies design and deliver programs that offer transformative value.”

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 63* 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 51,127* 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 654* clients, including more than one third of the Fortune 500. For more information, see www.satyam.com.
*As of March 31, 2008

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.  

This announcement is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from Satyam and that will contain detailed information about Satyam and its management, as well as financial statements.