Satyam and Oracle Form Strategic Alliance in Asia Pacific to Accelerate Business Intelligence Adoption
• Collaboration will jumpstart BI implementations across multiple verticals, reducing costs and resulting in faster ROI
• Alliance seeks to further enable pervasive intelligence across the enterprise
INDIA, May 29, 2007: Satyam Computer Services, Ltd., a leading global consulting and information technology services company, and Oracle Asia Pacific today announced a strategic alliance that will help enterprises in the Asia Pacific (APAC) region jumpstart business intelligence (BI) implementations—faster, for less money, and with greater ease of use.
The alliance is timely and strategic, given APAC companies’ increasing willingness to leverage BI solutions. According to industry analyst, the Asia Pacific BI platform market is growing at a compound annual growth rate of 15.6 percent, based on software revenues from 2006 to 2011, and will reach US$624 million by 2011¹.
iDecisions, Satyam’s BI accelerator, will become the first major application to be ported to Oracle’s Business Intelligence Suite Enterprise Edition (BIEE), a comprehensive, hot–pluggable, standards–based BI platform. The combined solution will be available for multiple verticals, including banking, telecommunications, and insurance. Oracle is the fastest growing stand–alone BI platform vendor; it grew 64.8 percent in APAC (excluding Japan) in 2005, according to Gartner Group2. In India, Oracle grew fastest, registering 115.9 percent year–on–year (2004–2005) total software revenue growth in 2005 for stand–alone BI platforms, surpassing the average market growth of 29.2 percent².
“This alliance strengthens Satyam’s commitment to accelerate its presence in the APAC market, particularly in the BI space,” said Virender Aggarwal, Satyam’s director and senior vice president of APAC and MEIA. “Traditional BI solutions tend to be complex and expensive, which limits their use. This alliance will make BI more accessible across all levels of Asian enterprises, enabling faster, more effective business decisions.”
Aggarwal also noted that Satyam’s deep domain and industry expertise, world–class quality processes, and flexible, global delivery model create an ideal platform for innovative and value–driven solutions, “especially when blended with Oracle’s open and industry–leading BI infrastructure and tools.”
“Using insights to drive actions across the enterprise is a business imperative. Oracle BIEE’s hot–pluggable design allows it to integrate with Oracle and non–Oracle applications and infrastructure software, helping organizations in Asia maximize the value of their existing data sources and IT investments,” said Ricky Kapur, general manager, Business Intelligence, Oracle Asia Pacific. “Our collaboration with Satyam will enhance the ability of organizations to benefit from quick deployment and faster return–on–investment on their BI implementations.”
The integrated suite will also improve access to information, according to Venkat Narayanan, a vice president at Satyam. “By porting the iDecisions framework to the Oracle BIEE’s technology stack, Satyam and Oracle provide a comprehensive solution that brings greater business visibility and insight to users,” he said.
The suite’s key features include:
• A unified infrastructure that lowers operational costs
• Hot–pluggability, which enables adoption of the collaborated application without the need to replace existing investments
• A unified, enterprise view of information, which enables organizations to define a single, consistent, and logical view of enterprise information across different data warehouses, multidimensional sources, and operational systems
• A unified, semantic view of information, which portrays complex information sources simply and logically
• Pervasive access to information, which provides access to information without having to wait for analysts
• Real–time information access, which combines historical and real–time information and provides users with up–to–the–minute views of their business
• Pre–built analytic solutions, which provide faster ROI via quick and easy development of analytic applications
Additionally, the suite incorporates business–oriented features such as statutory compliance (Basel II). Moreover, it features insight–driven action, which helps business users navigate quickly and effectively to troubleshoot problems and respond to business events. The Oracle BI EE platform is designed to meet the requirements of a new class of enterprise BI solutions. It is a comprehensive and integrated suite that shares a common service–oriented architecture; common data access services; common analytic and calculation infrastructure; common metadata management services; common semantic business model; common security model and user preferences; and common administration tools. It also provides mission–critical scalability and performance.
About Satyam
Satyam Computer Services Ltd. (NYSE: SAY), a leading global consulting and information technology services company, provides a comprehensive scope of services to help customers reengineer and reinvent their businesses to compete successfully in an ever–changing marketplace. Nearly 40,000* highly skilled Satyam professionals work onsite, offsite, offshore, and nearshore to provide customized business solutions for companies in several industries. Satyam’s ideas and products have resulted in technology–intensive transformations that have met the most stringent international quality standards. Satyam has Development Centers in the USA, the UK, the UAE, Canada, Hungary, Malaysia, Singapore, India, China, Japan, and Australia. These centers serve 558* global companies, of which 163* are Fortune Global 500 and Fortune US 500 corporations. Satyam’s presence spans 55 countries, across six continents.
* As of March 31, 2007
About Oracle Corporation
Oracle (NASDAQ GS: ORCL) is the world’s largest enterprise software company. For more information about Oracle, visit our Web site at: http://www.oracle.com. Go to www.oracle.com/bi for more information on Oracle Business Intelligence.
Safe Harbor
This press release contains forward–looking statements within the meaning of section 27A of Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended. The forward–looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward–looking statements. Satyam undertakes no duty to update any forward–looking statements. For a discussion of the risks associated with our business, please see the discussions under the heading “Risk Factors” in our report on Form 20–F concerning the quarter ended March 31, 2007, furnished to the United States Securities Exchange Commission on April 30, 2007 and the other reports filed with the Securities Exchange Commission from time to time. These filings are available at http://www.sec.gov
Source: Gartner: “Forecast: Business Intelligence Platforms, Worldwide, 2006-2011”, 13 April 2007, Dan Sommer, Colleen Graham, Bhavish Sood, Hideaki Horiuchi 2 Source: Gartner, “Market Share: Business Intelligence Platforms, Asia/Pacific, 2005”, 15 January 2007, Bhavish Sood, Colleen Graham, Dan Sommer |