Satyam plans offices in Middle East

Satyam Computer Services Ltd plans to open regional offices in the Middle East region while developing Dubai as its key base. The Middle East is a critical component of Satyam's global strategy, achieving a 75 per cent growth in the region.

The company is looking at an aggressive growth rate for 2006 and a drive towards regional investment in that area.

The company has announced that the strong partnership between the company and Oracle, is enabling companies in the Middle East to reap full benefits of their technological strategies.

The enterprise application software (EAS) is changing businesses in the Middle East and Africa and the EAS market will continue to expand in the region over the next few years.

According to Heini Booysen, programme manager, software, IDC MEA operations, this market will register a compound annual growth rate of 12 per cent over the next five years and will be worth around $300 million in 2009. The company has a significant presence in the Middle East and Africa with a customer base of over 160 organisations.

It has offices in the GCC, Levant, Johannesburg and Mauritius. Global customers serviced in the region include General Electric, Merrill Lynch, Balfour Beatty and Caltex.

Satyam is also in the process of deploying a workflow-driven automated solution to address the lifecycle of property and leasing processes at the Dubai Municipality, as part of its 'eGov' initiatives.

The solution is based on the Property Manager module of Oracle E-Business Suite. Satyam expects strong demand for ERP solutions from the energy, government and service sectors, and increased software investment from Qatar and Saudi Arabia to be the key areas of growth in the next 12 months.