Mumbai, July 22, 2008: Patni Computer Systems (BSE: PATNI COMPUT, NSE: PATNI, NYSE: PTI), a leading global IT services provider, today announced that its first-of-its-kind SAP ERP implementation for Shri Sant Gajanan Maharaj Sansthan (SSGMS) has been recognised as the ‘Best IT Implementation 2008’ in the ‘Most Innovative’ category by PCQuest magazine. This implementation at the second largest pilgrimage destination in Western India was featured amongst thirteen finalists chosen after a rigorous evaluation process of an onsite review, a detailed panel discussion and assessment by an esteemed jury.
Commenting on the occasion, Raghunath Mahalingam, Sr. Vice-President, Enterprise Application Services, Patni said, “This is the first time that a temple trust in India has used SAP ERP as a technology differentiator. This innovative use of SAP ERP backed up by our software competencies and change management program has helped Sant Gajanan Maharaj Temple Trust to improve operational efficiency and bring transparency in financial reporting. We are delighted that the implementation has been awarded the ‘Most Innovative IT implementation of the year’ and we hope that this recognition paves the way for other non-profit organizations to leverage ERP for greater results.”
Although Indian temple trusts are waking up to the benefits of modernisation, SSGMS has harnessed the benefits of technology at a highly strategic level with this SAP ERP deployment in the larger interest of all its stakeholders. The Sansthan collaborated with Patni to implement the SAP ERP solution, in order to streamline its various functions including automation of the trust’s donation collection, accounting and inventory management processes. Considering the diverse scope of the trust’s work including temple services, pharmacy stores, health clinics, on-campus lodging and boarding, publications and schools, the requirements of the Trust were rather unique. Coupled with an extensive change management exercise facilitated by Patni, the implementation has enabled seamless knowledge transfer and has improved the staff’s ability to handle large volumes of transactions.
Expressing his opinion on Patni winning the award, Anil Chopra, Editor of the magazine, said “The PC Quest Best IT Implementation awards are aimed at identifying IT implementations that are truly a class apart from others. The ERP deployment at Shri Gajanan Sansthan is one such example of innovation, which other religious institutions in the country can follow to bring in greater transparency and build in more trust amidst their followers.”
Incepted five years ago, PCQuest’s ‘Best IT Implementation Award’ honours innovative Indian IT implementations with the maximum business impact to companies. The PCQuest ‘Best IT implementation 2008’ jury comprised eminent personalities including Prasanto K Roy, President (ICT Publishing), Cyber Media; Vinnie Mehta, Executive Director, MAIT; Akhilesh Tuteja, Executive Director, KPMG; Dr. G.D. Gautama, Principal Secretary of Dept. of Micro, Small Scale Enterprises and Textiles, Govt of West Bengal; Sunil Rawlani, CIO, HDFC Standard Life Insurance; and Shyam Malhotra, Executive Director and Editor-in-Chief, Cyber Media.
About Patni Computer Systems:
Patni Computer Systems Limited (BSE: PATNI COMPUT, NSE: PATNI, NYSE: PTI) is a global provider of IT Services and business solutions, servicing Global 2000 clients. Patni caters to its clients through its industry-focused practices, including insurance, financial services, manufacturing, life sciences, telecommunications and media & entertainment, and its technology-focused practices.
With an employee strength of over 15,000; multiple global delivery centres spread across 11 cities worldwide; 22 international offices across the Americas, Europe and Asia-Pacific; Patni has registered revenues of US$ 663 million for the year 2007.
Patni’s service offerings include application development and maintenance, enterprise application solutions, business and technology consulting, product engineering services, infrastructure management services, customer interaction services & business process outsourcing, quality assurance and engineering 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 (V 1.2) 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 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. 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.
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