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Technology Stocks : Satyam Infoway Ltd-(Nasdaq:SIFY) -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (637)	2/9/2000 5:22:00 PM
From: Mohan Marette	Read Replies (2) \| Respond to of 1471

Satyam Computer to focus on software for embedded systems P Sreevalsan Menon Mumbai, Feb 9: IT major Satyam Computer Services has drawn a major technology strategy to concentrate on development of software for embedded systems, telecom and telephony applications and enterprise wide applications. A senior company officials said that Satyam is redefining its e-strategy to include newer opportunities in Internet related services. Satyam's growth strategy will continue to focus on software applications,which currently contributes to around 54 per cent of the revenue, solutions,around 35 per cent and e-commerce which accounts for 21 per cent. The new e-division's architecture will stretch enterprise resource planning (ERP)forward to customer relationship management (CRM) and backward to supplychain management (SCM). According to director for corporate planning and organisational development,Rusi Brij, the new focus areas are embedded software, which will be required to activate a new host of devices that will influence every aspect of dailylife. "The growth of embedded systems and architecture will be tremendous given the boom in home appliances and other access devices besides the PC,"he said. Many consumer electronic appliance makers are already coming out with Web enabled refrigerators and cooking ovens. Satyam has deployed 40 professionals to work on some of the projects it bagged from Japan and US companies. "The embedded systems require low level of software codes and we have the expertise in these specific projects,"Brij said. It is working for a Japanese company in smart cards and banking terminals and a US company in the area of appliances. "We are doing development in the areas of future telecom applications based on wireless application protocol or WAP to enable handheld devices to access the Internet and do electronic commerce in a secured manner," Brij explained. Specific development areas in telecom will include revenue assurance including fraud management, customer care and billing, back-end and ERP implementation and business specific applications for big telecom companies."Another focus area is mobile telephony and related applications and switching technologies," he said. Satyam which has recently focussed on interactive architecture, converting or enabling the legacy systems to do business on the Internet through Webenablement is targeting big business companies across the globe with largelegacy systems. "This area will continue to be a major revenue earner," Brijopined. Satyam Computer had registered a turnover of Rs 177.63 crore for the thirdquarter ended December 1999 with a net profit of Rs 36.19 crore. The Satyam share closed on the Bombay Stock Exchange at Rs 3,274. -Financial Express