Satyam Computer Services
Satyam Computer Services was a multinational information technology services company headquartered in Hyderabad, India. Founded in 1987 by Ramalinga Raju, it quickly became one of India's leading IT firms, known for its expertise in software development, consulting, and outsourcing services. The company served a global clientele across various industries, offering a wide range of IT solutions. However, Satyam's history is largely defined by a massive accounting scandal that came to light in 2009, revealing years of fraudulent accounting practices that ultimately led to the company's collapse and subsequent acquisition by Tech Mahindra.
About Us
- Satyam Computer Services Ltd. - was established to provide high-quality IT solutions globally, initially focusing on software development. - The company quickly expanded its services to include systems integration, consulting, and business process outsourcing, building strong relationships with multinational corporations and establishing a significant international presence. - Satyam's growth and expansion were ultimately ended by an accounting fraud scandal, leading to its downfall and restructuring.
Vision
Satyam's vision, prior to the scandal, likely focused on establishing itself as a leading global IT player, recognized for its technological expertise, customer service, and ethical business practices. The aim would have been to consistently innovate and expand its service offerings, catering to the evolving needs of the global market while maintaining a strong commitment to its employees and shareholders.
Mission
While Satyam's original mission statement is unavailable, it is widely believed that its core mission was to provide high-quality and cost-effective IT solutions to clients worldwide, thereby helping them achieve their business objectives through technology. This would have involved delivering innovative solutions, maintaining strong client relationships, and fostering a skilled and dedicated workforce.
Culture
- Limited information exists on Satyam's pre-scandal internal culture, despite its prior success. - Revelations of fraud indicate significant deficiencies in ethical standards and internal controls. - Details regarding employee relations, management style, and work environment remain unavailable.
Specialties & Industries
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