Mahindra Satyam – the bleeding has stopped, but can it regain its Tier 1 India provider status?

Mahindra Satyam recently staged its first conference as a new entity, to announce to industry that its new structure was complete, and it was a serious IT-BPO services competitor.

Resurrecting itself from the biggest scandal in Indian outsourcing history, a renamed Mahindra Satyam has quietly been going about its business to rebuild trust and confidence in the firm. In the last year, it expanded business with the base of Satyam customers that remained with the company, despite the scandal, with 54 new customer contracts, although several of these are relatively small-scale engagements.  It has also formed a new senior management team by injecting some Tech Mahindra leadership, in addition to hiring liberally from its competitors. This new blood joins the existing Satyam leadership that weathered the storm to form an energized and dynamic leadership team.