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Satyam Inks Deal with ArcelorMittal
By CXOtoday Staff
Mumbai, May 05, 2008 1237 hrs IST
Satyam Computer Services has signed a framework agreement with ArcelorMittal. This agreement will focus on enhanced application support, cost advantages, reduced vendor management overhead, dependable partnership for future enhancements, and IT convergence initiatives for ArcelorMittal. Satyam will share a portion of approximately 70% of the currently subcontracted activities in the scope of this initiative.
Satyam will deliver these services in combination with ArcelorMittal's European partners. The framework agreements are going to be valid for 3 years, till 2011. However, details of specific activities under the framework agreement are yet to be defined. According to a company statement, details will be made available later.
This initiative plans to drive down the overhead of managing multiple local vendors and derive cost benefits and enhanced application support from a smaller list of vendors. Subsequently, it will look at creating a common platform or set of applications that can be replicated across multiple sites and deployed to enhance consistency and reduce application maintenance costs.
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