Satyam and Meridian Systems Provide Enterprise Solutions for
$3.2 Billion Worldwide Infrastructure Lifecycle Management Market
Satyam selects Proliance® as preferred ILM solution for Global Real Estate and Construction Industries
FOLSOM, Calif. (May 10, 2005) — Meridian Systems® and Satyam Computer Services Limited (NYSE: SAY), a leading global consulting and IT services provider, announce a global alliance agreement wherein Satyam will provide professional information technology and implementation services to new and existing users of Proliance, Meridian’s infrastructure lifecycle management solution.
Meridian’s Proliance solution uniquely serves large business enterprises that rely on physical infrastructure to deliver their core business, whether that infrastructure is manufacturing facilities, retail outlets, commercial buildings or transportation systems. Proliance combines project and portfolio management functionality, facilities management, business process management and business analytics. The innovative technology platform of Proliance utilizes Web services and XML schemas natively within the application, creating an extendable and open architecture for rich integration with other enterprise solutions.
Balaji Senthiappan, general manager of Satyam’s Global Real Estate and Construction practice, sought out Meridian and Proliance in the fall of 2004. “Our customers are seeking integrated solutions built on the latest in service-oriented architecture. Proliance matches those demands and will enable Satyam to rapidly deploy and customize complete solutions that make possible better corporate performance and greater utilization of physical infrastructure,” commented Balaji.
“Analyst firm IDC estimates that more than $3.5 trillion in capital infrastructure projects is underway globally, creating an addressable ILM software/services market of $3.2 billion by 2008. Proliance represents an exciting evolution in enterprise solutions that handle this massive infrastructure market—finally enabling global businesses with large real estate portfolios or capital infrastructure to plan, build and operate their existing and new facilities on one, scalable technology solution,” finished Balaji.
Satyam's Global Real Estate and Construction Practice focuses on providing information technology solutions and services to real estate companies, REITs, large production homebuilders, commercial construction companies and facilities management service providers. Satyam combines industry domain knowledge with in-depth, specialized technical expertise, helping its customers leverage information technology and achieve measurable business impact. Key service offerings include project management, CRM, facilities management, portals and GIS-based solutions.
“Working with Satyam, a leading global systems integration company, will better enable Meridian to manage our growing Proliance customer base,” said Jim Olsen, CEO of Meridian. “Satyam’s domain knowledge in the global real estate and construction management industries fittingly pairs IT and integration expertise to the plan, build and operate processes of corporate and government infrastructure. Our strategic alliance with Satyam will better enable Meridian to deploy and support customers worldwide. Satyam is engaged with Meridian on mutual business opportunities in the United States, Middle East, Europe and India; our relationship is already yielding benefit.”
About Meridian Systems
Meridian Systems provides enterprise solutions that optimize the
plan, build and operate phases of real estate, construction and
other physical infrastructure initiatives. Meridian solutions are
used by more than 8,500 of today’s
large building owners, government agencies, and engineering and construction
firms to improve top-line revenue growth while reducing their capital construction
costs. Meridian uniquely provides both traditional software and hosted ASP
solutions, and ranks as a market share leader in project management software
among general contractors with over $100 million in revenue*. Meridian has
an impressive track record of revenue growth over its 11-year history, and
has been repeatedly recognized as a Constructech Hottest Technology company.
Meridian is headquartered in Folsom, Calif. For more information, call Meridian
at 1-800-850-2660, or go to www.meridiansystems.com/pr051005.
About Satyam
Satyam Computer Services Ltd. (NYSE: SAY) is a global IT consulting and services provider, offering a range of expertise aimed at helping customers re-engineer and re-invent their businesses to compete successfully in an ever-changing marketplace. Over 17,600 highly-skilled professionals in Satyam work onsite, offsite, offshore and near shore to provide customized IT solutions for companies in several industry sectors. Satyam’s ideas and products have resulted in technology-intensive transformations that have met the most stringent of international quality standards. Satyam Development Centers in India, the United States, the United Kingdom, the United Arab Emirates, Canada, Hungary, Malaysia, Singapore, China, Japan and Australia serve more than 370 global companies, of which 139 are Fortune Global 500 and Fortune U.S. 500 corporations. Satyam’s presence spans 46 countries, across six continents. For more information visit us at: www.satyam.com
*Statistics excerpted from CFMA's 2004 Information Technology Survey for the Construction Industry, fourth edition with the permission of the Construction Financial Management Association, Princeton, NJ, 609-452-8000.
Sue Watkins, Director of Marketing
swatkins@meridiansystems.com
Meridian Systems and the Meridian Systems logo are the property of Meridian Systems, Inc. All other company and product names may be trademarks of their respective owners. Copyright © 2005 Meridian Systems, Inc. All rights reserved.
