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Mahindra Satyam revenue up for Singapore-headquartered RoW region

Anuradha Shukla | Nov. 6, 2012
Accounts for 23 percent share of global revenue for the second quarter of 2013 financial year.

Singapore-headquartered rest of the world (RoW) region accounts for 23 percent share of global revenue for Mahindra Satyam.

This finding was revealed by the global consulting and IT services provider when it announced that its revenue for the July-September second quarter (Q2FY13) rose 22.9 percent to the equivalent of US$354 million compared to Q2FY12.

Mahindra Satyam recently won several customers in the RoW region that includes the Asia Pacific, India, Middle East and Africa.

The company landed a multi-year multi-million major contract from a government agency in Southeast Asia to transform the organisation's electronic business and companies' registration system.

In the latest quarter, Mahindra Satyam also bagged a contract to test mobile devices for a Tier 1 OEM (Original Equipment Manufacturer) in Japan which is launching its products with a Tier-1 telco operator in the United States.

Stronger relationships in the markets

Mahindra Satyam is expediting expansion and creating deeper relationships in the Australian, New Zealand and Asian markets by appointing Edward Pretty as chairman of Australia and New Zealand operations of the company.

It landed a multi-million dollar deal in North Asia with a major global financial services corporation and secured a multi-million dollar new client in Australia in partnership with a leading infrastructure services company.

In addition, it signed a multi-million dollar infrastructure management services contract with a shopping mall developer in the Middle East and North Africa.

"Growth in the RoW region in the latest quarter has been given a fillip through several major deals in North and Southeast Asia, Australia as well as the Middle East," said Rohit Gandhi, senior vice president (Asia Pacific, India, Middle East & Africa), Mahindra Satyam. "These sizeable contracts clearly underscore that corporations in the region are committed to organisational transformation through IT services."

Mahindra Satyam also won the Frost and Sullivan 2012 APAC Best Practices award for "Excellence in Growth" category.

 

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