Tuesday, 5 September 2006

Satyam and Microsoft Collaborate to Make BI Accessible to Financial Services

Satyam and Microsoft have announced the opening of two Business Intelligence (BI) facilities in Singapore and Shanghai. The two sites will be centres where researchers will use real-life scenarios and data to test, develop, and implement innovative solutions for the Financial Services sector. The companies also announced the availability of Satyam’s iDecisions business intelligence application, built to run on the Microsoft platform, including Microsoft SQL Server 2005. By optimising Microsoft and Satyam’s BI solutions and services, a broad range of financial business customers will be able to realise enhanced customer benefits including greater ease of use and reduced ownership and integration costs.

"Traditional BI solutions tend to be quite complex, expensive applications which limit their usage in organisations,” said Virender Aggarwal, director and senior vice president APAC–MEIA, Satyam Computer Services. ”By porting iDecisions framework to the Microsoft platform we can provide a lot more value and ease of use, helping to make use of advanced data-warehousing and making BI more accessible across enterprises of all sizes."

"The ongoing relationship between Satyam and Microsoft is further evidence of how important strong, global, industry relationships are. Microsoft and Satyam are providing solutions to enterprise customers that empower employees to collaborate, expedite decision-making and increase efficiencies," said Ken Wye Saw, vice president Sales and Marketing, Microsoft Asia Pacific. “According to IDC’s latest worldwide BI vendor report,the revenue growth rate of Microsoft BI tools in 2005 was, at 25 percent, more than twice the rate of the overall market. This collaborative project with Satyam will help us continue to expand our joint solutions for the BI sector. We are also exploring the possibility of extending the scope of the BI testing facilities to other markets and other vertical industries,” he added.