Patni Computer Systems Unveils Cloud Services Strategy

First Service Offering is a ‘Cloud Acceleration Program’ to Help Application Developers Transition to Public, Private or Hybrid Models
Patni Computer ~ September 17, 2009,
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Patni Computer Systems (BSE: PATNI COMPUT, NSE: PATNI, NYSE: PTI), a leading global IT and BPO services provider, today announced the first in a series of consulting and software services initiatives designed to help customers accelerate deployment to a cloud environment. The first offering, Patni’s Cloud Acceleration Program (CAP), gives independent service providers and application developers a structured, business-driven approach based on Patni’s proven process and methodologies that take the guesswork out of transitioning to cloud-based solutions.
Patni’s cloud initiatives aim to provide the needed guidance to customers facing challenges migrating to public, private or hybrid cloud-based models. Leveraging more than 30 years of IT experience, Patni is rolling out cloud services, starting with the CAP program. The initiative is designed to contain customers’ IT costs, protect critical assets, plan for disaster recovery, integrate global business processes, and advance business continuity and business agility.
“Companies are trying to determine both the technical and financial merits of pursuing a cloud-based approach for all aspects of their IT footprints,” said Satish Joshi, Executive Vice President and Global Technology Head, Patni Computer Systems. “Patni’s cloud services initiatives will help customers make informed choices about their IT environments to ensure a smooth, rapid transition to the cloud while minimizing risk and keeping operating expenses in check.”
Patni developed the CAP methodologies by tapping its experience working with hundreds of clients around the world on sophisticated IT implementations. Utilizing its knowledge of high-level processes, infrastructure components, applications and portfolio rationalization techniques, Patni can remove obstacles to reduce the risk and cut the cost of cloud deployments by more than 25 percent.
The comprehensive CAP program produces three major components: an applications architecture, an ROI analysis and an IT governance model which address two of the biggest concerns customers have about cloud implementations: ongoing control and security of their enterprise data. The program also features an ecosystem of providers that developers will be able to work with for transition.
The integrated approach is run by experts from both applications and infrastructure, allowing for business benefits to be realized at a faster pace. The program allows for a single contract with clearly defined areas of responsibility between Patni and the selected infrastructure providers.
Patni is currently running CAP pilots with a broad range of Global 2000 companies representing multiple industry segments including insurance, manufacturing, chemical processing and wholesale distribution.
About Patni Computer Systems
Patni Computer Systems Limited (BSE: PATNI COMPUT, NSE: PATNI, NYSE: PTI) is a global provider of IT Services and business solutions, servicing Global 2000 clients. Patni services its clients through its industry-focused practices, including banking, financial services (BFS) and insurance (I); manufacturing, retail and distribution (MRD); life sciences; communications, media and utilities (CMU), and its technology-focused practices.
With an employee strength of around 13,800; multiple global delivery centers spread across 12 cities worldwide; 27 international offices across the Americas, Europe and Asia-Pacific; Patni has registered revenues of US$ 719 million for the year 2008.
Patni’s service offerings include application development and maintenance, enterprise application solutions, business and technology consulting, product engineering services, infrastructure management services, customer interaction services & business process outsourcing, quality assurance and engineering services.
Committed to quality, Patni adds value to its clients’ businesses through well-established and structured methodologies, tools and techniques. Patni is an ISO 9001: 2000 certified and SEI-CMMI Level 5 (V 1.2) 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.
Patni leverages its vast experience spanning three decades; deep domain expertise; full-spectrum services; and suites of IP-led solutions, methodologies and frameworks; in being an effective business transformation partner to its clients.
For more information on Patni, visit 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.
Contact:
Patni Computer Systems
Tony Viola,
617-914-8255
Tony.Viola@patni.com
or
PAN Communications
Mike O’Connell / Andy Dear
978-474-1900
patni@pancomm.com