Global IT Service Provider Expands Global Capabilities with Opening of Queretaro, Mexico, Facility
QUERETARO, Mexico – June 22, 2009 - Patni Computer Systems (BSE: PATNI COMPUT, NSE: PATNI, NYSE: PTI), a leading global IT and BPO services provider, today announced the opening of a new delivery center in Queretaro, to augment its global delivery capabilities and serve the North American and Latin American markets.
The Center will offer Patni’s full range of services and solutions covering IT consulting, software development outsourcing, contact center operations and business process outsourcing. These offerings will be provided to customers in the financial services, manufacturing, life sciences, communications, and media & entertainment sectors.
The location offers Patni preferential access to customers in North and South America and within Mexico, the world’s 13th largest economy with a local IT market of $5 billion. Customers will be able to leverage a ‘near shore’ engagement model and global delivery system simultaneously, allowing for seamless interaction on IT development projects, easier management of customer relationships and greater oversight on project tracking. This will reduce engagement costs while accelerating time-to-market.
“This is part of our expansion strategy – to roll out a follow-the-sun model that serves regional markets and gives us more flexibility in utilizing global talent,” said Jeya Kumar, Chief Executive Officer of Patni Computer Systems. “We are seeing increased demand from our client base for near-shore resources. Our investment in Mexico allows us to deliver on these demands, and it will generate jobs and economic momentum for a growing region.”
Patni chose Mexico as its latest expansion site to take advantage of the country’s low costs, improved economic prospects, language skills and other business benefits. Queretaro was selected for a variety of reasons, including its burgeoning talent pool from 37 area universities, its proximity to Mexico City, quality of life and low cost of living. It is also considered one of the safest cities in the country.
Patni is opening the delivery center in a temporary facility in Tecnologico de Monterrey’s Queretaro campus with an initial seating capacity of about 100 full-time workers. The center will move to a permanent location at Technology Park of Tech De Monterrey in October this year. Patni is planning to gradually expand employment to about 300, with the bulk of the jobs being filled with local workers.
Queretaro is Patni’s 22nd development center, expanding a global presence which already features near-shore centers in the United States and Europe.
About Patni
Patni Computer Systems Limited (BSE: PATNI COMPUT, NSE: PATNI, NYSE: PTI) is a global provider of IT Services and business solutions, servicing Global 2000 clients. Patni services its clients through its industry-focused practices, including banking, financial services (BFS) and insurance (I); manufacturing, retail and distribution (MRD); life sciences; communications, media and utilities (CMU), and its technology-focused practices.
With an employee strength of over 14,500; multiple global delivery centers spread across 12 cities worldwide; 27 international offices across the Americas, Europe and Asia-Pacific; Patni has registered revenues of US$ 719 million for the year 2008.
Patni’s service offerings include application development and maintenance, enterprise application solutions, business and technology consulting, product engineering services, infrastructure management services, customer interaction services & business process outsourcing, quality assurance and engineering services.
Committed to quality, Patni adds value to its clients’ businesses through well-established and structured methodologies, tools and techniques. Patni is an ISO 9001: 2000 certified and SEI-CMMI Level 5 (V 1.2) 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.
Patni leverages its vast experience spanning three decades; deep domain expertise; full-spectrum services; and suites of IP-led solutions, methodologies and frameworks; in being an effective business transformation partner to its clients.
For more information on Patni, visit www.patni.com
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