Mumbai - October 5, 2009 - Global technology solutions and services provider, 3i Infotech, today announced the appointment of Mr. Som Sarma as the Global IT Services Head. He will be based in London and will be responsible for expanding the global services business portfolio at 3i Infotech.
Mr. Sarma joins 3i Infotech from Satyam (now Mahindra Satyam) where he was the Senior Vice President and Head (UK & Ireland). He provided significant impetus to Satyam’s foray into multiple industry verticals in that region and was instrumental in gaining marquee customers through differentiated service lines, always believing in driving growth from the front. With prior global experience beyond IT - in Consulting, Manufacturing, Retail and CPG - he has been able to relate closely to the business needs of customer organizations, helping them leverage information technology to their advantage. Given his industry insight and network, Mr. Sarma is ideally placed to drive IT services transformation, taking 3i Infotech towards a leading position on the global arena.
Welcoming Mr. Sarma on board, Mr. V. Srinivasan, Managing Director and Chief Executive Officer, 3i Infotech, said, “With a consistent track record of creating long-term relationships in his businesses and proven leadership skills, we are looking forward to leveraging his extensive IT knowledge and commercial experience to build 3i Infotech further, and I am confident that Som will be a great asset to the company.”
Commenting on his new role, Mr. Sarma said, “I am glad to join 3i Infotech, which has been able to achieve an annual run rate of around US$ 500 million in less than 10 years of its inception, and is globally consolidating and expanding its services and products even further.”
Mr. Sarma holds an MBA from London Business School and a Masters degree in International Business from the Indian Institute of Foreign Trade, New Delhi. His first degree is in Mechanical Engineering where he graduated with Honors and a University medal.
About 3i Infotech
3i Infotech is one of India’s leading IT companies and among the top 3 Indian Software Products Companies.* The Company provides software products and IT services (Managed IT Services, Application Software Development & Maintenance, Payment Services, Business Intelligence, Document Imaging & Digitization, Operations Outsourcing (BPO) and IT Consulting) for the Insurance, Banking, Capital Markets, Mutual Funds, Wealth Management and Government verticals. The Company services customers in over 50 countries across 5 continents.
The Company's quality certifications include SEI CMMI Level 5 for Software Business, ISO 9001:2000 for BPO, ISO/IEC 27001:2005 for Data Center Operations and ISO/IEC 20000-1:2005 for Data Center Management Services.
* Source: Dataquest, August 2009 issue
For more information, please contact:
Nicola Harley
Head of Marketing
3i Infotech (Western Europe)
Switchboard: +44 (0) 20 7071 3000
Phone: +44 (0) 20 7071 3012
Fax: +44 (0) 20 7071 3001
Disclaimer:
Except for the historical information contained herein, statements in this release, which contain words or phrases such as "will", "would", "expect", "believe", and similar expressions or variations of such expressions may constitute "forward-looking statements". These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of our principal international markets, the performance of the industry sectors in which our clients are based, the performance of the information technology industry sector world-wide, competition, our ability to obtain statutory and regulatory approvals and to successfully implement our strategy, future levels of our growth and expansion in business, technological implementation, changes, advancements, and redundancies, the actual demand for software products and services, or the future potential or feasibility thereof, changes in revenue, income or cash flows, our market preferences and our exposure to market risks, as well as other risks. 3i Infotech undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof.