Organisation Study - Satyam Computers

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Issue:

Business

 

Written by:

Martha W

 

Date added:

April 24, 2015

 

Level:

University

 

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No of pages / words:

8 / 2045

 

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7558 times

 

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It is one of the youngest IT services company to reach US $1 billion mark in annual revenues. The first fortune 500 client for Satyam was John Deere where Satyam demonstrated both onsite and off shore work environment. It is the fourth largest IT Company in terms of revenue. Conducive factors identified The size of the worldwide IT service and BPO market is US $ 600 billion of which US $ 30 billion was serviced by Indian IT and Service Company in the year 2007, the addressable opportunity in these areas is nearly US $ 300 billion...
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According to NASSCOM report Indian companies will address about US $ 60 billion of these services by 2010and growth will come from infrastructure management system, BPO and growth in service line like engineering and design service which are as yet embryonic. In order to meet these new avenues Satyam has 8 key guiding principles which will help to meet organisational objectives 1) Create a compelling Infrastructure Management Service Business 2) Grow BPO service 3) Maintain Leadership with Application development and Maintenance Service 4) Win Strategic Deals 5) Invest in Engineering and design service 6) Expand geographic footprint 7) Enhance market positioning 8) Develop a strong Cadre of leaders Growth of the organisation Major Milestones – The major milestones for the company are as follows Year Milestone 1987 Satyam Computer Services incorporated 1991 John Deere, Satyam’s first fortune 500 customer 1992 Company debuts on BSE 1993 Joint venture with Dun and Bradstreet to launch IT service 1995 ISO 9001 certification 1999 Presence in 30 countries, SIFY debuts on NASDAQ 2000 Associate count reaches 10000 2001 Company listed on NYSE 2005 Acquires Citisoft and Knowledge dynamics 2006 Turns $1 billion company in revenues...
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