Satyam announces setting up of a New Center of Excellence (CoE) - PROMICE - to bring Technology Enabled Innovations in the Process Manufacturing Industry
Released on: December 21, 2007, 3:36 am
Press Release Author: Ogilvy Public Relations Worldwide
Industry: Computers
Press Release Summary: New center will provide engineering & information technology solutions to the process manufacturing industry. The Process Manufacturing Innovation CoE will be setup in Hyderabad to provide continuous support for product and process innovation and futuristic solutions development in a collaborative environment with Industry, R&D Institutions and Educational Institutions
Press Release Body: HYDERABAD, India - Dec. 21, 2007 - Satyam Computer Services Ltd. (NYSE: SAY), a leading global consulting and information technology services company, today announced that it will be setting up a Process Manufacturing Innovation Center of Excellence (PROMICE) at Hyderabad to help process manufacturing companies fully exploit advances in information technology - especially in the areas of product & process innovation - to achieve new levels of sustainable competitive advantage.
With its emphasis on adaptive manufacturing and other state-of-the-art engineering capabilities, the new facility is another step in Satyam's ongoing initiative to make India a global R&D leader in the Process manufacturing industry. In addition, it demonstrates the organization's commitment to collaborating with clients and institutional partners to develop leading-edge solutions. Already, Satyam services several top global companies in Steel, Chemical, Glass, Food, Pharmaceuticals and Cement Industries.
Satyam's Process Manufacturing Innovation Center of Excellence will create solutions and intellectual property through a new Facility to be set in Hyderabad. This will provide exceptional business value to its global customers, while enhancing the organization's competency in its process manufacturing business unit. Hyderabad provides a perfect setting for industry and institutes to come forward to collaboratively develop IT-based solutions for the process manufacturing industry.
"We are partners with leaders in the Industry, as well as premier academic institutions like Purdue University, ISB and Industry associations like CII in India and others across the globe," said Subu D, Director & Senior Vice President, Satyam Manufacturing and Automotive Business. "As a result, we will offer innovative solutions using a highly collaborative environment which will provide our process manufacturing clients the expertise, speed, precision and agility they need to stay ahead in their market segments."
The Hyderabad PROMICE will feature latest technology infrastructure and highly qualified technology & domain experts. It will have virtually simulated factories for each of major 10 process industry verticals viz. Metals & Mining, Building materials, Pulp & paper, Textiles, Food & Beverages, Leather, Plastics, Rubber, Chemicals, and Pharmaceuticals. The simulation & Virtual reality facility will reduce risks, while expediting time to market and ensuring return on investment. For example, an enhancement or improvement in manufacturing process design can be visualized in real time in the facility which will significantly reduce risks, lead times, effort, and cost.
"The mantra in the process industry today is Innovation. Satyam's process manufacturing practice integrates in-depth knowledge of technology platforms with an extensive understanding of process manufacturing industries and develops Solutions using Technology to address that need," Subu added.
About Satyam Satyam (NYSE: SAY), a leading global business and information technology services company, delivers consulting, systems integration, and outsourcing solutions to clients in 20 industries and 57 countries. Satyam leverages deep industry and functional expertise, leading technology practices, and an advanced, global delivery model to help clients transform their highest-value business processes and improve their business performance. The company's 45,700* professionals excel in engineering and product development, supply chain management, client relationship management, business process quality, business intelligence, enterprise integration, and infrastructure management, among other key capabilities. Satyam development and delivery centers in the US, Canada, Brazil, the UK, Hungary, Egypt, UAE, India, China, Malaysia, Singapore, and Australia serve 577* clients, including one-third of the US Fortune 500. For more information, see www.satyam.com. *As of September 30, 2007
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