Indian software major Satyam has signed an agreement with Fujitsu Services to provide IT services to Reuters as part of a 10-year, $1 billion internal information systems transformation program.
Under the 10-year contract, Satyam will be extending its support and development of a large number of core applications, as well as providing managed infrastructure services for desk side support, a global network operations centre and remote infrastructure management. The provision of support and services will be extended across 17,500 Reuters employees based out of over 100 countries.
Satyam has been a premier service provider delivering key services to Reuters for over six years. Under the new contract, Satyam will now provide some of its services to Reuters via Fujitsu, rather than directly. These services will be delivered from its current Reuters Offshore Delivery Centre in Hyderabad as well as from a new centre in Chennai.
“Satyam is a key partner within our service integrator model with Reuters,” commented Steve Andre, managing director, private sector, Fujitsu Services. “Their expertise in application support and development, along with significant offshore capability and network operations skills, made them a compelling choice for our deal with Reuters.”
“This is one of the largest multi-year deals signed by Satyam. It is secured on the back of deep and long-term customer relations,” commented Dr Roger Newman, head, TIMES business verticals, Satyam, Europe. “We believe that this will deliver substantial benefit to both Reuters and Fujitsu and serve as a model for similar deals in the future.”