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| Patni collaborates with BITS, Pilani for an MS in Embedded Systems |
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Mumbai, October 23, 2007: Patni Computer Systems (BSE: PATNI COMPUT, NSE: PATNI, NYSE: PTI) has forged a strategic alliance with Birla Institute of Technology & Science (BITS), Pilani for a two-year masters level degree in Embedded Systems for Patni employees, beginning September 2007. This will give Patni employees a platform to further their educational aspirations while continuing with their professional pursuits.
Patni signed a Memorandum of Understanding (MoU) with BITS Pilani through the ‘BITS Off-Campus Distance Learning & Collaborative Programmes’ scheme to hone the skills of Patni employees for the growing Product Engineering Services (PES) division of the company.
Revenues of Indian IT companies from engineering services are growing exponentially with NASSCOM estimating engineering services offshoring to be a US$ 55 billion opportunity by 2020 |
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Patni announces US$ 200 million strategic deal with
UK-based The Carphone Warehouse
Extends existing relationship to become key partner for integrated services across consulting, systems integration and managed services |
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London, UK/Mumbai, India; October 17, 2007: Patni Computer Systems Inc. (NYSE: PTI), a leading global IT services provider announced a multi-year US$200 million deal with The Carphone Warehouse, a UK FTSE 100 company.
Patni will become a key technology partner providing integrated services across consulting, systems integration, application development and maintenance. In addition, Patni will also be a key partner to The Carphone Warehouse for developing next-generation systems for its global telecom and retail operations. These services will be delivered across pan-European locations by Patni’s global consultants and global delivery centres in India. |
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| Patni Acquires Life Sciences Services Company Taratec for $27 million |
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Acquires high-end Life Science consultancy capability in the areas of Regulatory Compliance, Analytics, Drug Safety, and Pharmacovigilance |
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Gains complementary capabilities in integrated services |
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Gains access to a marquee client base |
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Cambridge, MA, July 23, 2007 -- Patni Computer Systems (NYSE: PTI), a global IT services provider, announced the acquisition of Bridgewater, N.J.-based Taratec Development Corp. through Patni Computer Systems Inc. a wholly owned subsidiary of the Company, for an aggregate price of $27.2 million in cash including contingent consideration. With more than $20m in annual revenues, Taratec is a leading consulting company in the life sciences industry providing integrated business, information technology, and regulatory compliance products and services.
This acquisition is in line with Patni's strategy of enhancing its market specific services and provides additional capability to support the
growing and diverse requirements of the Life Sciences market, from pharmacovigilance to demand-driven supply chains. Patni can now offer
a global delivery model that provides end-to-end capabilities complete
with established, life science expertise in specific, high-demand areas. |
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Patni partners with iTKO for SOA Testing
Broadens Verification & Validation Practice coverage and scope with iTKO's LISA Testing Framework |
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Mumbai, India – July 10, 2007: Patni Computer Systems Ltd., a leading global provider of Information Technology services and business solutions, today announced a partnership with iTKO, a US-based testing software company, to deliver Service Oriented Architecture (SOA) testing services as part of its comprehensive Verification and Validation (V&V) practice. Through this partnership, Patni will deploy the iTKO LISA SOA Testing solution at its V&V Centre of Excellence (COE) in Gandhinagar, Gujarat.
Patni’s V&V practice is backed by experience of over 10,000 person years in providing Verification and Validation solutions on diverse platforms like mainframe, client/server, Web, embedded technologies, J2EE, .NET. With this partnership, Patni will strengthen its foray into SOA testing, giving the company the capability to offer end-to-end solutions for deploying SOA. |
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Patni acquires Telecoms Consulting Specialist Logan-Orviss International
Adds telecoms thought leadership, domain expertise and operational transformation consulting |
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London, 02 July, 2007: Patni Computer Systems Inc. (NYSE: PTI), a leading global IT services provider announced the acquisition of Europe-based Logan-Orviss International (LOI), a leading independent specialist telecommunications consulting services company.
The consideration includes an upfront cash payment on completion of the transaction as well as performance-linked incentive payments on achieving financial targets over a three year period. LOI ended a profitable year with revenues of Euro 11.8 Million in 2006. |
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Patni and I2IT collaborate to design embedded
solutions
for medical imaging equipment
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Pune, June 27, 2007: Patni Computer Systems Inc., a leading global IT services provider and International Institute of Information Technology (I2IT), one of India's largest graduate schools, which specializes in areas of advanced information technology today, announced a partnership for collaborative research activities in the medical device domain. The partnership will initially focus on bio-image signal processing with an aim to develop reusable image processing libraries and explore complex algorithms in this niche area. It will gradually move to other technology areas such as Pattern recognition, Real-time Operating Systems and Embedded wireless devices
For this partnership, a team from Patni's Product Engineering Services division will actively work with students pursuing their M.S Program in Embedded Systems Design. Beyond development of technology, the partnership will enable students of I2IT gain a hands-on experience of the software industry and get a clear understanding of the process methodology including coding standards and industry domains. |
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| Patni completes successful ERP implementation at Bombay Stock Exchange |
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India, Mumbai, March 12, 2007: Patni Computer Systems Ltd., a leading global IT services provider today announced the successful implementation of Oracle ERP Solutions at the Bombay Stock Exchange (BSE). The entire implementation, including multiple modules of Oracle Financials Suite and Core HRMS, was completed in a short span of 8 months. With this implementation, the BSE has a single integrated system that provides it a comprehensive real-time view of the organization.
As part of the implementation process, Patni undertook a detailed exercise to understand the existing legacy system at BSE and devised a two-phase change management roadmap to migrate BSE's financial accounting and HR accounting to the ERP system. Patni's project management skills, technical proficiency in deploying Oracle solutions and its understanding of the financial services industry proved to be the critical success factors in the completion of this challenging project. |
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Patni ranked as global leader in engineering services
by Global Services and neoIT |
- Ranks second in human capital development
- Ranks sixth in best performing IT service providers |
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Mumbai, February 06, 2007: Patni Computer Systems Ltd., a leading global IT consulting and services provider, announced that it has been ranked as the global leader in engineering services in a research study conducted by Global Services and neoIT. Patni has also been ranked second in the human capital development category and sixth in the Best Performing IT Service Providers in the same study.
The Global Services 100 is a tool for buyers of business and technology services. Judges from Global Services magazine in conjunction with outsourcing experts at neoIT, a consulting firm that specializes in services globalization, identify and evaluate the leading service providers located on four major continents. |
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