Patni Amongst the 'Giants' in CIO 100
11 September 2006 - 10:04PM
PR Newswire (US)
CAMBRIDGE, Mass., Sept. 11 /PRNewswire-FirstCall/ -- Patni Computer
Systems Ltd., a leading global IT consulting and services provider,
announced that it received the CIO 100 Award at the CIO Symposium
and Award ceremony in Mumbai. Patni was recognized as one of 'The
Giant 100' companies at the first CIO 100 awards in India for
demonstrating excellence in deploying technology solutions to
deliver optimum business value. CIO 100 is one of the most
prestigious recognitions in the IT industry, with the awards
running for over 19 years in US and this being the first in India.
Officially referred to as the "CIO 100", the award is presented
annually by IDG's CIO magazine. Patni received the award for its
technology farsightedness in building a Corporate Performance
Management System (CPMS). This is based on an agile IT
infrastructure that has the capability to monitor performance of
its business units and fine-tune operations in accordance with the
business goals. This advanced technological capability has enabled
quick access to mission-critical information, which is useful for
enhanced operational efficiency and superior financial performance.
Commenting on the award Mr. Satish Joshi, CTO, Patni said, "The CIO
100 award is a testimony of Patni's pro-activity in addressing
client needs through adoption of new technologies. CPMS is a
critical component of our global delivery model and allows us to
achieve improved operational efficiencies that are critical for
delivering consistent and high quality IT services in every
location we operate." Patni has consistently received global
recognition in delivering value through innovation in IT to its
clients. In a global Forrester survey, last month, Patni received
the highest customer satisfaction rating among Indian offshore
supply chain solution providers. The BLACK BOOK OF OUTSOURCING too
ranked Patni at #6 in the list of Best Managed Global Outsourcing
Vendors for 2006. About Patni Patni Computer Systems Limited
(BSE:PATNIBSE:COMPUTBSE:NSE:BSE:PATNIBSE:NYSE:BSE:PTI) is a global
IT Services provider servicing Global 2000 clients. Patni caters to
its clients through its industry-focused practices, including
insurance, manufacturing, financial services, telecommunications,
and its technology- focused practices. With an employee strength of
over 12,000 and multiple offshore development facilities across
eight cities; Patni has 23 international offices across the
Americas, Europe and Asia-Pacific. Patni has registered revenues of
US$ 450 million for the year 2005. Patni's service offerings
include application development, application maintenance and
support, packaged software implementation, infrastructure
management services, product engineering services, business process
outsourcing and quality assurance services. Committed to quality,
Patni adds value to its client's businesses through
well-established and structured methodologies, tools and
techniques. Patni is an ISO 9001: 2000 certified and SEI-CMMi Level
5 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. 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 unauthorized 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. DATASOURCE: Patni Computer Systems
Limited CONTACT: For USA, Sriya Kodial, Text 100 for Patni Computer
Systems, +1-617-399-4918, , or Tony Viola, Patni Computer Systems,
+1-617-354-7424, , or For UK, Simone Carr, Text 100 for Patni
Computer Systems, +44-7974-161-190, Web site: http://www.patni.com/
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