Submission + - Satyam Could Lose Half Its Customers Under Tech Ma (networkcomputing.in)
gubm writes: "Potential operational disruptions and lingering trust issues could cause troubled outsourcer Satyam to lose half its customer base or more as it moves to integrate with acquirer Tech Mahindra, according to analysts at research firm Gartner.
"Many risk assessments of Satyam — even with Tech Mahindra support — will likely result in scores lower than many competitors in a standard IT services evaluation," Gartner analyst Frances Karamouzis wrote in a report published this week. "In a buyer's market, it's less likely that enterprises will go with a newly formed, riskier entity."
The upshot: Satyam's revenue could shrink from about $2 billion to $1 billion over the next 12 to 18 months, according to the report. "Legal liabilities and account matters will likely loom for years," wrote Karamouzis."
"Many risk assessments of Satyam — even with Tech Mahindra support — will likely result in scores lower than many competitors in a standard IT services evaluation," Gartner analyst Frances Karamouzis wrote in a report published this week. "In a buyer's market, it's less likely that enterprises will go with a newly formed, riskier entity."
The upshot: Satyam's revenue could shrink from about $2 billion to $1 billion over the next 12 to 18 months, according to the report. "Legal liabilities and account matters will likely loom for years," wrote Karamouzis."