| Global IT service provider, Patni Computer Systems | | | | signed a multi-service contract with Disney Mobile, a |
| was in the news recently for forging a strategic | | | | new mobile phone service designed just for families. |
| alliance with Clear Technology Inc., a leading US-based | | | | "The company will be responsible for development of |
| global software solutions company, to cater to global | | | | consumer, retail and operational portals and end-to-end |
| insurance and financial services companies in USA, | | | | system testing across multiple vendors and |
| Great Britain and the Asia - Pacific region. | | | | technologies utilised by Disney mobile," it said. |
| According to a company statement, under the terms | | | | In addition, application development, application |
| of the agreement, Patni will provide worldwide process | | | | maintenance and support, packaged software |
| consulting and system integration services for | | | | implementation, infrastructure management services, |
| US-based Clear Technology's insurance and financial | | | | product engineering services, business process |
| services solutions. "Clear Technology provides | | | | outsourcing and quality assurance services are all part |
| software solutions that allow insurance and financial | | | | of Patni's service lines. |
| services companies to dramatically reduce operating | | | | Also, in the news, Patni Computer Systems along with |
| costs, while delivering substantial increase in | | | | India's Satyam, Infosys, Patni Systems, Tata Consulting |
| productivity," it said. | | | | Services and HCL came second, fifth, sixth, seventh |
| And, earlier this month, Patni Computer Systems | | | | and eighth respectively in the second annual Black |
| acquired ZAiQ Technologies, a US-based AISC design | | | | Book of Outsourcing study, replacing the 'big six' |
| company, an asset purchase transaction that cost it | | | | outsourcers i.e. Accenture, CSC, EDS, HP and IBM., of |
| $425,000/-. | | | | which, HP came in at number 13 on the rankings list, |
| Further, the statement said the company was buying | | | | followed by Accenture at 22, IBM, number one last |
| intellectual property in Application Specific Integrated | | | | year stood at 35, EDS at 36 and CSC near the |
| Circuit (AISC) design and validation space, active | | | | bottom at number 49. |
| customer contracts and business pipeline, along with a | | | | If the Indian companies continue to strive high, it won't |
| sales head and trademarks, including other capital | | | | be long before they take over, dominating and |
| assets like hardware and software. | | | | subduing the big western bullies to reign supreme. As |
| Earlier this year, in May 2006 to be precise, Patni | | | | they have proved, it is not impossible and David (India) |
| Computer Systems launched Legacyx, a new solution | | | | can take on Goliath (USA / Europe / Russia / China) |
| framework aimed at helping insurers develop and | | | | to emerge victorious. Indian firms are showing |
| implement their legacy renewal strategy. The Legacyx | | | | confidence, as in a bid to expand their business; they |
| framework, which is now available to companies in all | | | | stride into a marketplace dominated by the west, |
| insurance sectors. | | | | snapping up small to medium firms, and some large |
| As well, in March 2006, Patni Computer Systems | | | | ones, as well. Atta Girl, India! Way to go! |