What Is The History Of Satyam?


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Rajesh Shri Profile
Rajesh Shri answered
Satyam Computer Services Limited is a leading global consulting and IT services company spanning 55 countries. It was established by Mr. B. Ramalinga Raju and B. Rama Raju on 24 June 1987.

In 1991 it was recognized as a public limited company and got its first Fortune 500 client, Deere and Co. The 90s were a time of growth for the company. It started Satyam Renaissance, Satyam Infoway, Satyam Spark Solutions and Satyam Enterprise Solutions and Infoway became the first Indian internet company to be listed on the NASDAQ.

The new millennium saw Satyam acquire lot of businesses and expand. Satyam became the first company in the world to start a program called Customer-Oriented Global Organization training in the year 2000 in May. The company signed contracts with various international players like Microsoft, Emirates, TRW, i2 Technologies and Ford. On the way the company had had various achievements like becoming the first ISO 9001:2001 company in the world, certified by BVQI, winning the Frost & Sullivan Award for Competitive Strategy in ASP in 2001etc.

In 2001 Satyam opened offices in Singapore, Dubai and Sydney. Throughout the starting years of the new century Satyam expanded its business to many countries and signed MoU with many companies.

In 2005 it acquired a 100% stake in Singapore based Knowledge Dynamix and 75% stake in London based Citisoft Plc. Satyam is a company on the fast track to success and has acquired itself a name for consulting in the area of strategy right through to implementing IT solutions for customers.

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