Patni and Savvion Announce Strategic Alliance to Offer Industry-Leading Business Process Management Solutions
July 20 2006 - 3:54AM
PR Newswire (US)
Patni to be implementation partner for Savvion BusinessManager(TM)
6.8 CAMBRIDGE, Mass. and SANTA CLARA, Calif., July 20
/PRNewswire-FirstCall/ -- Savvion(R), the industry's leading
business process management (BPM) company, and Patni Computer
Systems Ltd. (Patni) (NYSE:PTI) ( BSE: PATNI COMPUT) (NSE:PATNI), a
leading global IT services provider, today announced the formation
of a strategic alliance to offer industry-specific BPM solutions
across industries. As part of the agreement, Patni will leverage
its deep domain expertise and knowledge of industry best practices
to help people within organizations to collaborate, control, and
improve business processes to drive business success with Savvion
BusinessManager(TM) 6.8. This partnership comes at a time when
enterprises are looking for agility and innovation in their
business processes to give them a competitive advantage.
Integrating Savvion's BusinessManager(TM) 6.8 together with Patni's
process expertise across key vertical industries, will help
businesses bridge the gap between business and IT. Savvion
BusinessManager(TM) 6.8 is the latest version of the Savvion
BusinessManager(TM) suite. The recent release is a revolutionary
step forward for business process management technology by making
process improvement a reality for everyone in the organization. "We
are pleased to be counted as one of the newest members of the
Savvion Process Partner Program and we are excited about the latest
product offering in Savvion BusinessManager(TM) 6.8," said Milind
Joshi, Vice President -- Solutions, Manufacturing Business Unit at
Patni. "Savvion BusinessManager(TM) 6.8 enables our joint customers
worldwide to more easily implement a business process management
solution within their organization and enjoy rapid ROI and cost
savings across the board." "Our process competence center is
building a comprehensive repository of process templates based on
specific industry practices," continued Joshi. "These process
templates can be tailored to suit specific client requirements,
which when implemented with Patni's iReturns Framework, promise
rapid BPM deployment with tangible ROI." Patni plans to use
Savvion's BPM suite to help their customers model the way they
work, mapping their 'as is' process, visualizing their 'to-be'
process, and simulating those changes to make process improvements.
With Savvion, Patni customers in the automotive, manufacturing,
CPG, technology, financial services, pharmaceuticals, telecom, and
retail sectors can model their processes and make them actionable
as an application in an organization to improve operational
efficiencies and drive business success -- often in 90 days or
less. "Savvion continues to gain significant momentum in the market
as more and more companies realize that our BPM software is
critical to not only drive business success but provides the
critical step for any business process outsourcing initiative,"
said Patrick Morrissey, Senior Vice President of Marketing and
Business Development at Savvion. "Our strategic alliance with one
of the premiere global IT service providers will combine
best-in-class BPM solutions with the proven experience and
expertise to enable our joint customer to collaborate on, control,
and improve their business processes." Savvion has a history of
strong relationships with outsourcing companies because its
software streamlines outsourcing through process management. Patni
joins Savvion's large and growing list of leading outsourcing
partners. Savvion allows enterprise business users and their
outsourcing partners to collaborate on the modeling and
optimization of business processes, determine which ones could most
profitably be outsourced, and extend them to the outsourcing
resource. About Savvion Savvion is the leading provider of business
process management (BPM) software that improves business
performance and reduces costs. Savvion has a proven track record of
turning process improvement ideas into real-world solutions
quickly, often in as few as 30 days, and delivering a return on
investment as high as 300%. More than 200 global business
enterprises, public service agencies, and systems integration
firms, including 20 of the Fortune 100, use Savvion systems to
manage their business. Savvion is recognized by Intelligent
Enterprise as one of the most influential companies in information
technology today, and is a Leader in the Forrester Wave for BPM. To
start down the path of process improvement, download the Savvion
Process Modeler available for free at
http://www.savvion.com/startnow. Or visit the Savvion
ProcessXchange, where people can connect with a community of
interest devoted to business process management, at
http://www.processxchange.com/. Headquartered in Santa Clara,
California, Savvion can be reached at http://www.savvion.com/ or
888-544-5511. About Patni Patni Computer Systems Limited
(BSE:PATNIBSE:COMPUTBSE:NSE:BSE:PATNIBSE:NYSE:BSE:PTI) is a global
IT Services provider servicing Global 2000 clients. Patni caters to
its clients through its industry-focused practices, including
insurance, manufacturing, financial services, telecommunications,
and its technology-focused practices. With an employee strength of
over 12,000 and multiple offshore development facilities across
eight cities; Patni has 23 international offices across the
Americas, Europe and Asia-Pacific. Patni has registered revenues of
US$ 450 million for the year 2005. Patni's service offerings
include application development, application maintenance and
support, packaged software implementation, infrastructure
management services, product engineering services, business process
outsourcing and quality assurance services. Committed to quality,
Patni adds value to its client's businesses through
well-established and structured methodologies, tools and
techniques. Patni is an ISO 9001: 2000 certified and SEI-CMMi Level
5 organization, assessed enterprise wide at P-CMM Level 3. In
keeping with its focus on continuous process improvements, Patni
adopts Six Sigma practices as an integral part of its quality and
process frameworks. For more information on Patni, visit
http://www.patni.com/. Safe Harbor: Certain statements in this
release concerning our future growth prospects are forward-looking
statements, which involve a number of risks, and uncertainties that
could cause actual results to differ materially from those in such
forward-looking statements. The risks and uncertainties relating to
these statements include, but are not limited to, risks and
uncertainties regarding fluctuations in earnings, our ability to
manage growth, intense competition in IT services including those
factors which may affect our cost advantage, wage increases in
India, our ability to attract and retain highly skilled
professionals, time and cost overruns on fixed-price, fixed-time
frame contracts, client concentration, restrictions on immigration,
our ability to manage our international operations, reduced demand
for technology in our key focus areas, disruptions in
telecommunication networks, liability for damages on our service
contracts, the success of the companies in which Patni has made
strategic investments, withdrawal of governmental fiscal
incentives, political instability, legal restrictions on raising
capital or acquiring companies outside India, and unauthorized use
of our intellectual property and general economic conditions
affecting our industry. Additional risks that could affect our
future operating results are more fully described in our Red
Herring filing. The company does not undertake to update any
forward-looking statement that may be made from time to time by or
on behalf of the Company. The Savvion logo, Savvion, and Savvion
BusinessManager are trademarks or registered trademarks of Savvion,
Inc. All other trademarks mentioned herein are the property of
their respective owners. DATASOURCE: Patni Computer Systems Ltd.
CONTACT: Chris Dale of Atomic Public Relations, US, ,
+1-415-402-0230; Brenda Chroniak of Text 100 Public Relations, US,
, +1-617-399-4984, Ayan Dutta of Text 100 Public Relations, India,
, +91-22-56595519, +91-22-56595520, cell - +91-98- 20885653, both
for Patni Computer Systems Ltd. Web site: http://www.patni.com/
http://www.savvion.com/ http://www.processxchange.com/
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