Satyam Computer Services (NYSE:SAY) is all set to launch the next Generation Enterprise Applications Delivery Model: Software as a Service (SaaS) for SMEs.  SMEs are among the fastest growing segments in a developing economy and have a critical impact on regional dispersal of industries, promoting entrepreneurship and employment generation. The contribution of SMEs has been remarkable in the development of the Indian IT economy.

SaaS brings several advantages to SMEs, such as, low upfront investment, predictable maintenance costs, lower customization, leaner IS staff and scalable service level/ usage.

Mr. Subu D, Director & Senior Vice President, Satyam Manufacturing and Automotive Business, said, “This model, called Software as a Service (SaaS), is an up coming development  abroad, where companies pay for IT systems based on usage, just like they pay for utility services like electricity  and telecom. Satyam views this model as a perfect fit for the needs of SMEs in India and has plans to encourage this model among SMEs, allowing an affordable and predictable monthly payment scheme, with low initial investment which makes it simple and hassle free to use”.

Satyam is partnering with NASSCOM and FAPSIA in the initiative to promote IT Adoption among SMEs in Hyderabad.  Satyam will provide its web based Enterprise Application Platform (EAP), for use by SMEs to run business operations like Sales, Purchase, Production, Shipment, Finance and Accounts.

Mr. Subu D, said “Satyam would be responsible for end-to-end implementation of the entire program, whereby it would provide the Application Platform, host and maintain it, and also provide end-user helpdesk support.

“The SMEs will only need an Internet connection and a browser to plug in and operate the system. This would allow them a minimal investment ­in terms of hardware, support software, application licenses, etc, required to implement a Business System,” he added.

For this initiative, Satyam plans to share its rich international experience in IT systems implementation to benefit the Indian SMEs and promote their adoption of IT. The SMEs in turn will have access to Satyam’s pool of technical talent which has served over 170 Fortune 500 companies globally.

Sourced From: Ogilvy Public Relations Worldwide