TROY, Mich., Sept. 27, 2010 (GLOBE NEWSWIRE) -- Syntel, Inc. (Nasdaq:SYNT), a global information technology services and Knowledge Process Outsourcing (KPO) firm, today announced it has been named "Partner of the Year" by Microsoft India for the distribution and services industry.
Syntel was honored for its Store Service Workbench (SSW), an innovative cross-functional retail solution built on the Microsoft Office SharePoint Server (MOSS) platform. The solution empowers stores with business intelligence, scorecarding and training, while enforcing business excellence through a robust task management, store audit and collaboration platform.
Accessible though a browser or mobile devices, SSW is an ARTS-based platform that features open architecture, making it highly customizable with low effort requirements.
Jitesh Shetty, Director of Microsoft India's Industry & Partner Group, described Syntel's solution as, "an intuitive, easy to use solution that enables store managers/regional managers to get a snapshot of business with near-real time visibility." He also cited substantial interest for Syntel's solution from retailers as a factor in the award.
"We are extremely proud to receive this award from Microsoft," said Raja Ray, Head of Syntel's Retail, Logistics and Telecom business unit. "The Store Service Workbench is an innovative part of Syntel's end-to-end suite of retail solutions. Retailers need the right blend of cross-functional business intelligence and training to stay competitive, and the SSW helps achieve this by reducing operating costs while improving business agility."
Syntel is implementing this solution for a department store retailer seeking to improve its retail operations. The store audit will be rolled out in phases to over 500 supervisors across its locations.
Syntel was presented this award at the Microsoft Partner Summit in Mumbai, India on September 8, 2010. The annual awards recognize the development and delivery of the most outstanding solutions using Microsoft products.
About Syntel
Syntel (Nasdaq:SYNT) is a leading global provider of integrated information technology and Knowledge Process Outsourcing (KPO) solutions spanning the entire lifecycle of business and information systems and processes. The Company is driven by its mission to create new opportunities for clients by harnessing the passion, talent and innovation of Syntel employees worldwide. Syntel leverages dedicated Centers of Excellence, a flexible Global Delivery Model, and a strong track record of building collaborative client partnerships to create sustainable business advantage for Global 2000 organizations. Syntel is assessed at SEI CMMi Level 5, and is ISO 27001 and ISO 9001:2000 certified. As of June 30, 2010, Syntel employed more than 14,900 people worldwide. To learn more, visit us at: www.syntelinc.com.
Safe Harbor Provision
This news release includes forward-looking statements, including those with respect to the future level of business for Syntel, Inc. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors set forth in the Company's Annual Report on Form 10-K for the year ended December 31, 2009 and the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2010.