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Patni and Savvion announce strategic alliance to offer
industry-leading Business Process Management solutions |
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Cambridge, MA/Mumbai, India/Santa Clara, CA - July 20, 2006 -
Savvion®, the industry's leading business process management (BPM)
company, and Patni Computer Systems Ltd. (Patni) (NYSE: PTI, BSE: PATNI
COMPUT, NSE: PATNI), a leading global IT services provider, today announced
the formation of a strategic alliance to offer industry-specific BPM solutions
across industries. As part of the agreement, Patni will leverage its deep
domain expertise and knowledge of industry best practices to help people
within organizations to collaborate, control, and improve business processes to
drive business success with Savvion BusinessManagerT 6.8.
This partnership comes at a time when enterprises are looking for agility and
innovation in their business processes to give them a competitive advantage.
Integrating Savvion's BusinessManagerT 6.8 together with Patni's process
expertise across key vertical industries, will help businesses bridge the gap
between business and IT. Savvion BusinessManagerT 6.8 is the latest version
of the Savvion BusinessManagerT suite. The recent release is a revolutionary
step forward for business process management technology by making process
improvement a reality for everyone in the organization.
"We are pleased to be counted as one of the newest members of the Savvion
Process Partner Program and we are excited about the latest product offering
in Savvion BusinessManager T 6.8," said Milind Joshi, Vice President -
Solutions, Manufacturing Business Unit at Patni. "Savvion
BusinessManagerT 6.8 enables our joint customers worldwide to more easily
implement a business process management solution within their organization
and enjoy rapid ROI and cost savings across the board."
"Our process competence center is building a comprehensive repository of
process templates based on specific industry practices," continued Joshi.
"These process templates can be tailored to suit specific client requirements,
which when implemented with Patni's iReturns Framework, promise rapid BPM
deployment with tangible ROI."
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Patni plans to use Savvion's BPM suite to help their customers model the way
they work, mapping their 'as is' process, visualizing their 'to-be' process, and
simulating those changes to make process improvements. With Savvion, Patni
customers in the automotive, manufacturing, CPG, technology, financial
services, pharmaceuticals, telecom, and retail sectors can model their
processes and make them actionable as an application in an organization to
improve operational efficiencies and drive business success - often in 90 days
or less.
"Savvion continues to gain significant momentum in the market as more and
more companies realize that our BPM software is critical to not only drive
business success but provides the critical step for any business process
outsourcing initiative," said Patrick Morrissey, Senior Vice President of
Marketing and Business Development at Savvion. "Our strategic alliance
with one of the premiere global IT service providers will combine best-in-class
BPM solutions with the proven experience and expertise to enable our joint
customer to collaborate on, control, and improve their business processes."
Savvion has a history of strong relationships with outsourcing companies
because its software streamlines outsourcing through process management.
Patni joins Savvion's large and growing list of leading outsourcing partners.
Savvion allows enterprise business users and their outsourcing partners to
collaborate on the modeling and optimization of business processes, determine
which ones could most profitably be outsourced, and extend them to the
outsourcing resource.
About Savvion
Savvion is the leading provider of business process management (BPM) software that
improves business performance and reduces costs. Savvion has a proven track record
of turning process improvement ideas into real-world solutions quickly, often in as few
as 30 days, and delivering a return on investment as high as 300%. More than 200
global business enterprises, public service agencies, and systems integration firms,
including 20 of the Fortune 100, use Savvion systems to manage their business.
Savvion is recognized by Intelligent Enterprise as one of the most influential
companies in information technology today, and is a Leader in the Forrester Wave for
BPM. To start down the path of process improvement, download the Savvion Process
Modeler available for free at www.savvion.com/startnow. Or visit the Savvion
ProcessXchange, where people can connect with a community of interest devoted to
business process management, at www.processxchange.com.
Headquartered in Santa Clara, California, Savvion can be reached at
www.savvion.com or 888-544-5511.
About Patni
Patni Computer Systems Limited (BSE: PATNI COMPUT, NSE: PATNI, NYSE: PTI) is a global IT Services provider servicing Global 2000 clients. Patni caters to its clients through its industry-focused practices, including insurance, manufacturing, financial services, telecommunications, and its technology-focused practices.
With employee strength of over 12,000 and multiple offshore development facilities across eight cities; Patni has 23 international offices across the Americas, Europe and Asia-Pacific. Patni has registered revenues of US$ 450 million for the year 2005.
Patni's service offerings include application development, application maintenance and support, packaged software implementation, infrastructure management services, product engineering services, business process outsourcing and quality assurance services.
Committed to quality, Patni adds value to its client's businesses through well-established and structured methodologies, tools and techniques. Patni is an ISO 9001: 2000 certified and SEI-CMMi Level 5 organization, assessed enterprise wide at P-CMM Level 3. In keeping with its focus on continuous process improvements, Patni adopts Six Sigma practices as an integral part of its quality and process frameworks.
For more information on Patni, visit www.patni.com.
For further editorial information contact:
Atomic Public Relations
(U.S.)
Chris Dale
Chris@atomicpr.com
Tel: +1 415.402.0230 |
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Text 100 Public Relations
(India)
Ketan Jain
KetanJ@text100.co.in
Tel: +91 22 56595519/20 |
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Text 100 Public Relations
(India)
Kavita Karnani
KavitaK@text100.co.in
Tel: +91 22 56595519/20 |
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Safe Harbor:
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, liability for damages on our service contracts, the success of the companies in which Patni has made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. The company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company. |
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The Savvion logo, Savvion, and Savvion BusinessManager are trademarks or registered
trademarks of Savvion, Inc. All other trademarks mentioned herein are the property of their
respective owners. |
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