LONDON, UK, 05 October 2009: Edwards, a vacuum equipment manufacturer for the scientific industries, has selected Patni Computer Systems (BSE: PATNI COMPUT, NSE: PATNI, NYSE: PTI) to become a global IT services partner. As part of the deal, Patni has already successfully completed a finance process migration and is currently working with Edwards to provide ongoing IT & BPO services.
Edwards will also work with Patni on IT migration projects and other BPO opportunities. In addition, Patni will deliver skills and knowledge in developing and moving complex processes as Edwards reorganises its business operations globally.
Working with Patni will enable Edwards to enhance the effectiveness of its SAP investment – particularly in areas such as CRM, BW, APO and BPC; and to manage complex business data – to help Edwards maintain its market leadership.
Anil Patel, IT Director at Edwards, said: “Many global businesses are attracted to the idea of outsourcing IT services to benefit from the considerable efficiency gains that are possible, and Edwards is no different in that respect. Where we go further is integrating our IT services partner into the business to provide additional value by tapping into Patni’s vast experience and knowledge as a premium IT services provider.”
Patni’s Executive Vice-President with responsibility for EMEA, Brian Stones, explained: “Global manufacturing businesses rely heavily on the effectiveness of their enterprise systems. However, working across different time-zones, cultures, currencies and languages increases complexity immensely. We’re delighted to be able to add value to Edwards by providing access to our technical skills and ability to scale up to tackle larger projects as the programme progresses.”
About Edwards
Edwards is a leading global supplier of integrated solutions for the manufacture of semiconductors, flat panel displays, LEDs and solar cells and a leader in vacuum technology for industrial, scientific, process and R&D applications.
The company employs around 3,600 people worldwide in the design, manufacture and support of high technology vacuum and exhaust management equipment. Edwards invented the concept of the low-maintenance, cost-effective, commercial oil-free ‘dry’ vacuum pump and offers a wide range of other pumping technologies, and related products, supported by an international sales and service organisation.
For more information on Edwards Pumps, visit www.edwardsvacuum.com.
About Patni
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 services its clients through its industry-focused practices, including banking, financial services (BFS) and insurance (I); manufacturing, retail and distribution (MRD); life sciences; communications, media and utilities (CMU), and its technology-focused practices.
With an employee strength of around 13,800; multiple global delivery centers spread across 12 cities worldwide; 27 international offices across the Americas, Europe and Asia-Pacific; Patni has registered revenues of US$ 719 million for the year 2008.
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 clients’ 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.
Patni leverages its vast experience spanning three decades; deep domain expertise; full-spectrum services; and suites of IP-led solutions, methodologies and frameworks; in being an effective business transformation partner to its clients.
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 unauthorised 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.