{"id":1597,"date":"2010-11-10T21:18:00","date_gmt":"2010-11-10T21:18:00","guid":{"rendered":"http:\/\/localhost\/projects\/horsesforsources\/mahindra-satyam-111010\/"},"modified":"2010-11-10T21:18:00","modified_gmt":"2010-11-10T21:18:00","slug":"mahindra-satyam-111010","status":"publish","type":"post","link":"https:\/\/www.horsesforsources.com\/mahindra-satyam-111010\/","title":{"rendered":"Mahindra Satyam eyes big comeback"},"content":{"rendered":"<div id=\"attachment_5279\" class=\"wp-caption alignright\"><a href=\"http:\/\/www.horsesforsources.com\/published-research\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-5279\" title=\"Mahindra-Satyam\" src=\"http:\/\/www.horsesforsources.com\/wp-content\/uploads\/2010\/11\/MahindraSatyam.jpg\" alt=\"\" width=\"258\" height=\"169\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">Mahindra Satyam&#8230; back in the game?<\/p>\n<\/div>\n<p><strong>While the rest of the outsourcing world has been carrying on through challenging times, the most challenged of its citizens, Mahindra Satyam, has been quietly rebuilding a global business under the charismatic and candid leadership of Atul Kunwar. <\/strong><\/p>\n<p>A no-nonsense leader with a strong M&amp;A background, he has charted a course to more than double the size of Mahindra Satyam and its sister company Tech Mahindra in three years. HfS would normally be skeptical of such a claim, but there is compelling evidence that this is a reachable stretch target.<\/p>\n<p>In the unlikely event you have not heard of what caused the former Satyam\u2019s challenges, here is the short version: In late 2008 and early 2009, it became known that the company\u2019s chairman and founder and his brother had inflated profits and more as importantly, cash, for years, to the tune of almost $2 billion. At the time, the company was India\u2019s fourth largest IT services provider and had an enviable portfolio of big-brand clients. After a brief period under government control, the Mahindra group stepped in to rescue it and turn it around, assuming its large and previously under-reported debt.<\/p>\n<p>While investors suffered immensely as a result of the fraud, customers were relatively unharmed, as operations continued without interruption in most cases.<\/p>\n<p>Today the company has completed a difficult stabilization period and is adding new logos, while pursuing growth in four key foundational segments:<\/p>\n<ol>\n<li>End to End Manufacturing<\/li>\n<li>Telecom<\/li>\n<li>Enterprise Services<\/li>\n<li>Vertical BPO<\/li>\n<\/ol>\n<p>This Rapid Insight Report offers HfS Research\u2019s take on Mahindra Satyam\u2019s strategy and what it might mean to enterprise customers who consider working with the company.<\/p>\n<p style=\"text-align: center;\"><strong><span style=\"font-size: medium;\"><span style=\"color: #800000;\"><a href=\"http:\/\/www.horsesforsources.com\/published-research\" target=\"_blank\" rel=\"noopener\">Click here to visit our research page and download your freemium copy&#8230;.<\/a><\/span><\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mahindra Satyam&#8230; back in the game? While the rest of the outsourcing world has been carrying on through challenging times,&#8230;<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[81],"tags":[],"organization":[],"ppma_author":[19],"class_list":["post-1597","post","type-post","status-publish","format-standard","hentry","category-it-outsourcing-it-services"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Mahindra Satyam eyes big comeback - Horses for Sources | No Boundaries<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.horsesforsources.com\/mahindra-satyam-111010\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mahindra Satyam eyes big comeback - Horses for Sources | No Boundaries\" \/>\n<meta property=\"og:description\" content=\"Mahindra Satyam&#8230; back in the game? While the rest of the outsourcing world has been carrying on through challenging times,...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.horsesforsources.com\/mahindra-satyam-111010\/\" \/>\n<meta property=\"og:site_name\" content=\"Horses for Sources | No Boundaries\" \/>\n<meta property=\"article:published_time\" content=\"2010-11-10T21:18:00+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.horsesforsources.com\/wp-content\/uploads\/2010\/11\/MahindraSatyam.jpg\" \/>\n<meta name=\"author\" content=\"Phil Fersht\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@pfersht\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Phil Fersht\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.horsesforsources.com\/mahindra-satyam-111010\/\",\"url\":\"https:\/\/www.horsesforsources.com\/mahindra-satyam-111010\/\",\"name\":\"Mahindra Satyam eyes big comeback - Horses for Sources | No Boundaries\",\"isPartOf\":{\"@id\":\"https:\/\/www.horsesforsources.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.horsesforsources.com\/mahindra-satyam-111010\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.horsesforsources.com\/mahindra-satyam-111010\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/www.horsesforsources.com\/wp-content\/uploads\/2010\/11\/MahindraSatyam.jpg\",\"datePublished\":\"2010-11-10T21:18:00+00:00\",\"dateModified\":\"2010-11-10T21:18:00+00:00\",\"author\":{\"@id\":\"https:\/\/www.horsesforsources.com\/#\/schema\/person\/c4f084ff7ad43632f537b3b30918e69f\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.horsesforsources.com\/mahindra-satyam-111010\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.horsesforsources.com\/mahindra-satyam-111010\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.horsesforsources.com\/mahindra-satyam-111010\/#primaryimage\",\"url\":\"http:\/\/www.horsesforsources.com\/wp-content\/uploads\/2010\/11\/MahindraSatyam.jpg\",\"contentUrl\":\"http:\/\/www.horsesforsources.com\/wp-content\/uploads\/2010\/11\/MahindraSatyam.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.horsesforsources.com\/mahindra-satyam-111010\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.horsesforsources.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Mahindra Satyam eyes big comeback\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.horsesforsources.com\/#website\",\"url\":\"https:\/\/www.horsesforsources.com\/\",\"name\":\"Horses for Sources | No Boundaries\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.horsesforsources.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.horsesforsources.com\/#\/schema\/person\/c4f084ff7ad43632f537b3b30918e69f\",\"name\":\"Phil Fersht\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.horsesforsources.com\/#\/schema\/person\/image\/86ee0c0ac2d033eed87f327162eb27f7\",\"url\":\"https:\/\/www.horsesforsources.com\/wp-content\/uploads\/2020\/11\/phill-150x150.png\",\"contentUrl\":\"https:\/\/www.horsesforsources.com\/wp-content\/uploads\/2020\/11\/phill-150x150.png\",\"caption\":\"Phil Fersht\"},\"description\":\"Phil Fersht is\u00a0a world-renowned analyst, writer and visionary in\u00a0emerging technologies, automation, digital business models, and the alignment of\u00a0enterprise operations to\u00a0drive customer impact and competitive advantage\",\"sameAs\":[\"http:\/\/hfsresearch.com\/team\/phil-fersht\",\"https:\/\/www.linkedin.com\/in\/pfersht\/\",\"https:\/\/x.com\/pfersht\"],\"url\":\"https:\/\/www.horsesforsources.com\/author\/phil-fherst\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Mahindra Satyam eyes big comeback - Horses for Sources | No Boundaries","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.horsesforsources.com\/mahindra-satyam-111010\/","og_locale":"en_US","og_type":"article","og_title":"Mahindra Satyam eyes big comeback - Horses for Sources | No Boundaries","og_description":"Mahindra Satyam&#8230; back in the game? 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