This agreement will focus on enhanced application support, cost advantages, reduced vendor management overhead, dependable partnership for future enhancements and IT convergence initiatives for ArcelorMittal.
Satyam will share a significant portion of approximately 70 per cent of the currently subcontracted activities in the scope of this initiative.
The integrated technology solution provider will deliver these services in combination with ArcelorMittal's European partners. Further specifics of the services are still to be deemed.
The framework agreements are going to be valid for 3 years, till 2011, however, the details of specific activities coming under the scope of the framework agreement will be defined with involvement of all key stakeholders, and will be communicated through the appropriate channels at the appropriate time.
Satyam offers unique solutions for applications transitioning and support to meet aggressive timelines. The ITSWE today engages several agencies on contract to support, maintain and enhance off-the-shelf and Legacy applications at different plants in western Europe. Satyam aims to maintain, support and enhance applications legacy and off-the-shelf applications deployed in Western Europe.
This initiative plans to drive down the overhead of managing multiple local vendors and derive cost benefits and enhanced application support from a smaller list of vendors. Subsequently, it will look at creating a common platform or set of applications that can be replicated across multiple sites and deployed to enhance consistency and reduce application maintenance costs.