Satyam to add 4,000 in APAC

HYDERABAD: Satyam Computer Services is planning to expand its footprint in the Asia-Pacific region, with the addition of 4,000 employees this year.

A large part of the increase in headcount will be in China where the company is planning to set up a 3,000-seat development facility. The company is close to clinching an acquisition in Japan in the IT services space. “We are better penetrated in the Asia-Pacific region compared to our competitors. The region contributes to over 16% of our total revenues,” said Ramalinga Raju, founder and chairman of Satyam. APAC generated revenue of $200 million last year.

“IT service providers mostly concentrate on the US and Europe. But there is a huge potential and scope for growth in the Asia-Pacific region, the Gulf and South Africa,” says Virender Aggarwal, senior VP, APAC, Middle-East and Africa, Satyam, to ET.