Mumbai, 7 February, 2006: Patni Computer Systems Ltd., a global IT services provider and SAP India - the leading provider of business software solutions, - today announced a strategic alliance to jointly address the SMB market in India. This partnership will enable them to address the high-growth SMB (Rs.50 crores-Rs.400 crores) segment, which has a market potential of over Rs.700 crores and is growing at a CAGR of 15-20%.
Under the SAP SMB Partner program, Patni will provide end-to-end mySAP ERP solutions across several verticals, with special focus on the rubber and tyre industry. Patni will bundle the SAP license in their service offerings and gain access to SAP best practices, solution maps, business scenarios and marketing collaterals for the industry.
Mr. Milind Padalkar, Sr. VP and Head of Enterprise Solutions at Patni said, “Patni comes into this alliance on a strong footing given its experience in engineering end-to-end business software solutions systems across different processes and industries. We have seen an increased need amongst the SMB organizations, not only in India but across the Asia Pacific market, to utilize IT as a process enabler and a creator of a competitive advantage. We are confident that with our process and domain knowledge of various industries, we will be able to leverage the SAP solution to provide better and more efficient solutions to customers.”
Mr. Alan Sedghi, President and CEO SAP South Asia added “Patni Computers has acknowledged domain expertise and skills in the entire spectrum of IT services and we are delighted to work along with them in enabling Indian companies operating in the SMB segment with our market leading solutions. The SAP-Patni alliance will enable the two players to jointly address the needs of the rapidly growing Indian SMB market.”
Patni, recently, successfully implemented the mySAP ERP solution at Gujarat Reclaim & Rubber Products Ltd (GRRPL), ensuring streamlined processing of information at the GRRPL plants in Ankleshwar and Solapur and their Head office in Mumbai.
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 an 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.
About SAP :
SAP is the world’s leading provider of business software solutions*. Today, more than 32,000 customers in more than 120 countries run SAP® software—from distinct solutions addressing the needs of small and midsize enterprises to suite offerings for global organizations. Powered by the SAP NetWeaver® platform to drive innovation and enable business change, SAP business solutions help enterprises of all sizes around the world improve customer relationships, enhance partner collaboration and create efficiencies across their supply chains and business operations. SAP industry solutions support the unique business processes of more than 25 industries, including high tech, healthcare, retail, public sector and financial services. With subsidiaries in more than 50 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE under the symbol “SAP.” (Additional information at <http://www.sap.com>)
(*) SAP defines business software solutions as comprising enterprise resource planning and related software solutions such as supply chain management, customer relationship management, product life-cycle management and supplier relationship management.
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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