Thursday, January 22, 2009

Satyam Clients cannot move out

Satyam provided services to some of its clients at as little as $10 or $11 per hour, per resource. "This is dirt cheap, as good as charity. Billing rates of other IT firms are much higher and this is where customers may feel the pinch if they do wish to move out of Satyam," predicted an IT industry analyst.

Top customers of Satyam such as GE, Qantas and DuPont will wait for a few months before exploring any possibility of terminating their outsourcing contracts with the company, as they seek more clarity about the new leadership, and a potential change in the management, if a rival tech firm acquires the company.



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