IIPM PUBLICATION Founder & Chairman: B. Ramalinga Raju
Gone are the days
when analysts skipped (read failed!) mentioning Satyam in the same breath as that of other Indian IT biggies such as Infosys, Wipro and TCS! “There is nothing impossible to him who will try” has been the main principle that has guided countless men to make robust business conquests across the globe. And Satyam surely seems to be following the adage seriously!
Ramalinga
Raju, Chairman, then a 32 year old management graduate from Ohio University, started Satyam in 1987. He has since then been known in the market as a man who sets bold goals, even if others disagreed. This ability to think big and out of the box complemented his unbridled enthusiasm & has been the cornerstone for Satyam’s success in the IT sector (not only in the Indian market but across the world). Ramalinga Raju proudly puffs his chest when saying “Satyam today is one of the youngest IT services companies to be featured among the top companies in the world.” And surely, he has every right to do so considering the fairly short period of time in which Satyam has carved a place for itself under the IT sun. These days Raju has his eyes set on making Satyam a global brand and is steering the company in apparently the right direction.
Satyam posted an impressive revenue figure of $322.5 million for the Q1 FY06-07, a surge of 31% in the corresponding quarter of the previous year. The company is moving up the value chain fast with solutions for Enterprise Resource Planning (ERP), Supply Chain Management (SCM), Customer Relationship Management (CRM), Enterprise Project Portfolio Management, Data Warehousing and Business Intelligence, Enterprise Information Portals, Enterprise Application Integration (EAI), Knowledge Management, e-Procurement and Marketplaces.
Satyam already has offices in 55 countries and despite being a young company, it has on its rolls 30,000 talented IT professionals. The company proudly claims that they service “489 global companies, including over 156 Fortune 500 corporations.” Clearly, the stage is set for this Indian IT scion to make the coming years its own... time is on their side!
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Source : IIPM Editorial, 2006, Arindam Chaudhuri's Initiative