Hyderabad: IT solutions provider Satyam Computer is upbeat on the engineering services practice in general and ‘value engineering’ services for aerospace, automotive and consumer electronics verticals.
The company sees its engineering division contributing significantly over the next few years and the company vision is to take its contribution up from 7।5 per cent to double digits.
The company sees its engineering division contributing significantly over the next few years and the company vision is to take its contribution up from 7।5 per cent to double digits.
The Engineering Services Division employs over 4,200 people and has helped its customers co-create and file for over 100 product patents over the last three years, according to Dr. T.S.K. Murthy, Global Head of Integrated Engineering Services, Satyam Computer.
Dr. Muthy told Business Line, “We have partnered with several companies and help them bring about savings. These span even consumer durables such as washing machines, where a steel drum costing about $25 was substituted by a $5 drum,” he said. Recently, the focus on value engineering has grown where companies want to innovate and bring about products that are different from what competitors offer.
Global workshop
The company hosted a Global Value Engineering Workshop in Hyderabad at the Satyam Technology Centre this week, wherein some of its large customers such as TRW have converged.
The focus was to provide a forum for these corporations to see how innovations could help bring about changes in the products and thereby cost savings, Dr. Murthy said.
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