Hyderabad: Mahindra Satyam, a city-based consulting and IT services provider, Monday said it has entered into a global services agreement with FuelQuest, a Houston based software and services provider for energy industry.
As per the agreement, Mahindra Satyam will provide implementation and support services to FuelQuest as it scales its operations across India, Brazil, China, Russia, USA and other target countries, according to a release issued by MSat.
MSat is already engaged with FuelQuest and supports its growing pipeline of tax automation implementations as well as software support needs.
To scale appropriately with FuelQuest, MSat will establish a FuelQuest Service Center within its delivery centre in India with experienced software professionals dedicated to delivering world-class fuel management and tax automation services.
B K Mishra, global business head for energy and utilities, at Mahindra Satyam said, "With more than 70 billion litres 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."
First Published: Monday, February 20, 2012, 19:59