Satyam Wins Asian Most Admired Knowledge Enterprise Award for Third Year in a Row

Hyderabad|India|October'2008: Satyam Computer Services Ltd. (NYSE: SAY), a leading global consulting and information technology services provider, announced that it has won the 2008 Asian Most Admired Knowledge Enterprises (MAKE) Award. Teleos, an independent knowledge management and intellectual capital research firm that administers the MAKE program, recognized Satyam at the 2008 Asian MAKE Ceremony at the Ninth World Knowledge Forum in Seoul.

“The Asian MAKE Winners are effectively transforming knowledge into wealth-creating ideas, products and solutions,” said Rory Chase, Managing Director of Teleos. “They are building portfolios of intellectual capital that enable them to outperform their global competitors. The MAKE panel recognized Satyam for its ability to develop knowledge workers through senior management leadership and organizational learning.”

A distinguished panel of Asian FortuneGlobal 500 business executives and leading knowledge management and intellectual capital experts rated organizations against the MAKE framework—key knowledge performance dimensions that drive competitive advantage. These include creating a knowledge-driven corporate culture, developing knowledge leaders and workers, innovation and transforming corporate knowledge into shareholder value.

Among other qualities, this year’s Asian MAKE winners were recognized for delivering superior financial performance. Return on assets for the 2008 Asian MAKE winners was 13.4 percent—nearly four times that of the Global Fortune 500 company median. Additionally, return on profits for was 11.9 percent, more than twice the Global Fortune 500 company median. Satyam was included in both groups.

“Success in today’s new, complex world, which is characterized by shifting economics and an information explosion, depends a great deal on how well we manage what we know,” said Satyam Chairman and Founder B. Ramalinga Raju. “Winning organizations treat knowledge as a strategic asset, and manage it intelligently and efficiently. In doing so, they increase their ability to transform their organizations for both top- and bottom-line improvements.

“From our inception in 1987, Satyam has consistently innovated and advanced the state of KM practice.  We especially understand that for a global, networked organization such as Satyam’s, knowledge management must extend beyond our company boundaries to include our entire ecosystem of partners and clients. We achieve this by innovating processes and facilitating seamless collaboration and reuse. Additionally, a critical tenet for our professionals is to spend equal time thinking, doing and communicating. Knowledge management helps us with each.”