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From the News Desk
Wednesday, 30. April 2008
Satyam Signs Framework Deal with ArcelorMittal
Satyam Computer Services recently revealed that it has signed a framework agreement with ArcelorMittal as one of the only two global IT services providers to consolidate sub-contractors’ activities.
Under the agreement, Satyam will focus on enhanced application support, cost advantages, reduced vendor management overhead, dependable partnership for future enhancements and IT Convergence initiatives for ArcelorMittal. It will share a significant portion of approximately 70 percent of the currently subcontracted activities in the scope of this initiative.
“With our integrated solutions, Satyam will work towards enabling ArcelorMittal to achieve its transformational objectives of improving the cost effectiveness, flexibility and process maturity of its Western Europe IT organization,” said Subu D Subramanian, Director and Senior VP at Satyam, speaking on the occasion.
Satyam will deliver these services in combination with ArcelorMittal’s European partners. Further specifics of the services are still to be defined. The Framework Agreements are going to be valid for 3 years, till 2011 however, the details of specific activities coming under the scope of the framework agreement will be defined with involvement of all key stakeholders, and will be communicated through the appropriate channels at the appropriate time, said the company.
Under the agreement, Satyam will focus on enhanced application support, cost advantages, reduced vendor management overhead, dependable partnership for future enhancements and IT Convergence initiatives for ArcelorMittal. It will share a significant portion of approximately 70 percent of the currently subcontracted activities in the scope of this initiative.
“With our integrated solutions, Satyam will work towards enabling ArcelorMittal to achieve its transformational objectives of improving the cost effectiveness, flexibility and process maturity of its Western Europe IT organization,” said Subu D Subramanian, Director and Senior VP at Satyam, speaking on the occasion.
Satyam will deliver these services in combination with ArcelorMittal’s European partners. Further specifics of the services are still to be defined. The Framework Agreements are going to be valid for 3 years, till 2011 however, the details of specific activities coming under the scope of the framework agreement will be defined with involvement of all key stakeholders, and will be communicated through the appropriate channels at the appropriate time, said the company.
