Project managed by Patni’s Mumbai lab providing development, enhancement and testing services
India, Mumbai, May 08, 2008: Patni Computer Systems, (BSE: PATNI COMPUT, NSE: PATNI, NYSE: PTI), a leading global IT services provider today announced that it has partnered with Schindler, a leading global mobility company, for the development, enhancement and testing services for Schindler's double-deck elevator. Patni’s dedicated lab for Schindler is based in Mumbai and forms an essential part of the company’s R&D efforts. This includes the creation of complex algorithms as well as hosting of various simulators of Schindler elevators.
A double-deck elevator is a revolutionary product designed in such a way that two cabins of an elevator are attached on top of one another. This enables passengers on two consecutive floors to use the elevator simultaneously. The doors of either elevator can be kept closed, in cases where a particular floor is not being served.
Guided by Schindler’s R&D team, Patni designed an efficient load-measurement system, positioning of the deck, and managed exceptions such as building sway caused by high winds. Patni successfully provided an end-to-end array of development, enhancement and testing services that ensured that the product conformed to the highest safety and technical excellence standards followed by Schindler.
Commenting on the reasons for choosing Patni for this project, Ronnie Dante, Director-Engineering, Schindler India Pvt. Ltd. said, “Over the years, Patni has helped Schindler use outsourcing effectively to focus on our core competencies through shorter product development cycles and efficient use of resources. This substantial contribution towards Schindler’s innovation process made Patni the obvious choice for enhancing Schindler's double-deck elevator functionalities.”
“Our long standing partnership with Schindler is an endorsement of the maturity of our product engineering services (PES) practice, strong domain expertise and over a decade long experience in the segment.” stated
Mr. Ajay Chamania, Senior Vice President and Head - Product Engineering Services (PES), Patni. “We are happy to partner Schindler in their journey towards engineering innovation. What began as a simple arrangement for providing support for Schindler’s elevator control software has now progressed to a stage where we are considered as an extended R&D arm and an integral part of Schindler's outsourcing strategy. We are confident that this partnership will strengthen in years to come.”
he added.
In addition to the latest double-deck elevator project, Patni has collaborated with Schindler on various projects over the past seven years. The Schindler-Patni partnership has covered support for Schindler’s elevator-control software, development of a middleware framework, an IDL compiler, a web-based advanced diagnostic and measurement tool, as well as the provision of maintenance and support services for Schindler's products, Miconic 10, Varidor 70 door system and PF91.
About Patni
Patni Computer Systems Limited (BSE: PATNI COMPUT, NSE: PATNI, NYSE: PTI) is a global provider of IT Services and business solutions, servicing Global 2000 clients. Patni caters to its clients through its industry-focused practices, including insurance, financial services, manufacturing, life sciences, telecommunications and media & entertainment, and its technology-focused practices.
With an employee strength of over 15,000; multiple global delivery centres spread across 11 cities worldwide; 22 international offices across the Americas, Europe and Asia-Pacific; Patni has registered revenues of US$ 663 million for the year 2007. Patni’s service offerings include application development and maintenance, enterprise application solutions, business and technology consulting, product engineering services, infrastructure management services, customer interaction services & business process outsourcing, quality assurance and engineering services.
Committed to quality, Patni adds value to its client's businesses through well-established and structured methodologies, tools and techniques. Patni is an ISO 9001: 2000 certified and SEI-CMMI Level 5 (V 1.2) organization, assessed enterprise wide at P-CMM Level 3. In keeping with its focus on continuous process improvements, Patni adopts Six Sigma practices as an integral part of its quality and process frameworks.
For more information on Patni, visit www.patni.com
Safe Harbor:
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, liability for damages on our service contracts, the success of the companies in which Patni has made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. The company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.
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