Total sales revenue with North America being the largest contributor (65%) 10. The exports of Satyam accounted for almost 75.9 % 9of its Its clients included 163 Fortune 500 8 Companies. Working in different IT Projects on different IT projects in Satyam’sĭevelopment Center across the world. Provider 5 which was generating USD 2.1 billion revenue 5. Prior to 2009, Satyam Computer Services was fourth largest Indian IT Service Satyam, the name which ironically means ‘Truth’, was established inġ987.It was a major IT player which provided services across the globe inįields of healthcare, Bio -Tech, Telecommunication, Banking and Finance 4 etc. We analyze the factors led to the debacle of Satyam, we briefly discuss theīackground of the company which was doing well in business before the scam came
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