Satyam in strategic alliance with Triple Point

Satyam Computer Services Ltd has informed that it had formed a strategic alliance with Triple Point Technology , wherein the company will provide integrated consulting, implementation and support services to the energy and utility (E&U) industry sector for Triple Point's market-leading Commodity XL TM trading, risk management and logistics system.

The alliance of these two international, industry-leading companies will provide the best-of-breed solution for clients seeking to integrate commodity trading and risk management systems with enterprise resource planning (ERP) and other enterprise systems.

Keshab Panda, head of European operations, Satyam Computer Services, said, "The energy and utilities vertical markets is a rapidly growing practice for Satyam, particularly in our offerings in trading and risk management. We are confident that our alliance with Triple Point, coupled with their expertise in this area, will help us meet the challenging business requirements in this industry segment. Satyam's objective has always been to deliver value to our customers."

The two companies will jointly market their services to new and shared clients in the energy and utility sectors.