Patni Computer Systems forms Consulting Services Practice

Patni Computer Systems Ltd on May 16, 2007 has announced the formation of its Consulting Services practice within its Manufacturing Business Unit. The new Consulting Services practice will offer manufacturers a full spectrum of solutions designed to improve business performance and corporate competitiveness through strategies, processes and tools delivered by experienced consultants.

The Company's consulting service offerings are designed to support any aspect of a corporation's business lifecycle ranging from the alignment of IT with business strategies to operational implementation. By using the Company's global delivery capability for implementation, consulting services clients will be able to realize significant cost savings in comparison to similar services offered from traditional consulting firms. Initially, the practice will focus on the Global 2000 in the Manufacturing, Consumer Packaged Goods industries and Private Equity market segment.

Private equity firms and corporate M&A groups frequently need assistance in dealing with a range of technology management issues that come up during the acquisition process. These issues can cripple negotiations, slowing the deal process while affecting the transactions profitability.

Watermill Group, a strategy driven Private Equity firm that effectively combines strategic thinking, operational expertise and investing acumen, used the Company's consulting services for due diligence, planning and post-acquisition integration activities with its newly acquired portfolio Company Latrobe Specialty Steel. "We engaged Patni's consulting services to manage the transition, drive key process transformation and for change management. Eventually, we will hand-off Latrobe's complete IT operations to Patni, reducing our cost and risk while accelerating the post acquisition integration process" said Stephen Kotler, CFO of Watermill Group. "Going forward, we see our partnership with Patni as an effective strategy for acquiring and growing our portfolio companies and tackling more complex transactions."

- Executive Appointment for Consulting Services

The Company named Sanjiv Bhatia vice president of the newly formed Consulting Services practice.

Consulting Services Advantages and Capabilities

The Company's Consulting Services capabilities include the following:

- Supply Chain: including supply chain collaboration, sense and respond, advanced planning and execution and inventory optimization

- Merger Integration: covering operational and IT due diligence, deal risk assessment, post-merger acquisition and post-transition consulting

- Technology Advisory Services: providing IT strategy / governance development, business / IT alignment and IT effectiveness

- Enterprise Information Management: that include enterprise information delivery, strategies and architectures, business intelligence, analytics, real-time dashboards and Master Data Management

- CRM: capabilities include advanced pricing, channel management, services management and customer segmentation

- Value Engineering: covering IT investment Impact assessment, strategic, economic and operational metric definition, process optimization and value scorecards.

Source : Equity Bulls

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