IT major Mahindra Satyam in pact with IFS

Hyderabad-based IT and consulting services provider Mahindra Satyam announced yesterday that it had entered into a partnership with global enterprise applications firm IFS, for joint sales and marketing activities around the IFS applications software suite as also staff training.

The agreement includes joint marketing, including sponsorship of the 2012 IFS World Conference, to be held in October in Gothenburg, Sweden, according to a press release issued by Mahindra Satyam.

Both the companies would cooperate on several key market opportunities and are already working together on a number of large projects, according to the release.

According to IFS CEO Alastair Sorbie developing partner ecosystem was a key component of IFS's global strategy.

"Mahindra Satyam's industry focus and experience is a perfect match for IFS, as is the company's dedication to providing service excellence to their customers. Combining IFS's leading-edge technology with their domain knowledge and global coverage enhances our offering to new and existing customers," Sorbie said.

Mahindra Satyam chief executive officer C P Gurnani said, "We see great opportunities in the partnership with IFS, especially given their success over the last years. We look forward to a long and mutually beneficial partnership as we continue to develop new opportunities together."