Mahindra Satyam and FuelQuest Announce Global Service Agreement to Support International Growth Strategy!
Mahindra Satyam, a leading global consulting and IT services provider, today announced that it has entered into a global services agreement with FuelQuest, a leading on-demand software and services company for the downstream energy industry. Mahindra Satyam has agreed to provide implementation and support services to FuelQuest as it scales its operations across India, Brazil, China, Russia, U.S.A and other target countries. Mahindra Satyam’s international presence and preeminence in providing outsourced services are the key elements in FuelQuest’s growth strategy.
Mahindra Satyam is already engaged with FuelQuest and supports its growing pipeline of tax automation implementations as well as software support needs. Mahindra Satyam will augment FuelQuest’s team to provide additional onsite or remote implementation and support services with regards to international customers. To scale appropriately with FuelQuest, Mahindra Satyam will establish the FuelQuest Service Center within its Delivery centre in India staffed with experienced software professionals dedicated to delivering world-class fuel management and tax automation services.
Commenting on the prospects of the agreement, BK Mishra, Global Business Head for Energy & Utilities at Mahindra Satyam said, “With more than 70 billion liters of fuel under management and millions of energy-related tax transactions processed yearly, FuelQuest is uniquely positioned to bring its proven fuel management and tax automation solutions into new global markets and we are committed to providing the resources necessary to support FuelQuest’s international expansion.”
Matt Tormollen, President and CEO of FuelQuest said, “Mahindra Satyam is a dominant global player in the outsourced services business, and we are excited to have them fill a critical need in our expansion strategy .Mahindra Satyam’s range of services and expertise gives us ultimate flexibility as we grow our solutions and markets.”
CP Gurnani, CEO of Mahindra Satyam said, “This agreement between Mahindra Satyam and FuelQuest marries two market leaders creating a global solution for energy companies to adopt and utilize FuelQuest fuel and tax automation software and services. This exclusive arrangement with Mahindra Satyam will support Fuel Quest’s global expansion plans.”