Inauguration of Second SDC establishes Success of the exclusive program offered by Synechron
Pune, Thursday, 6th April, 2006:
The SDC was formally inaugurated at a ribbon-cutting ceremony held to mark the occasion.
For Asurion, the SDC partnership with Synechron is a highly strategic move that holds the promise of a long-term synergistic relationship, translating into significant cost savings and exclusive benefits of a fully 'managed' offshore development center, without having to incur infrastructure investments or localization hassles.
Establishment of the second SDC at Synechron for an Insurance major in the US, clearly proves the success of the premier partnership model offered to global clients, and paves the way for such synergies with other clients, indicating a pattern for the future of outsourcing to India.
Speaking on the occasion, Faisal Husain, CEO, Synechron elaborated on the SDC concept describing it as an enhanced, dedicated, 'managed' global development & delivery center, aimed at offering a turnkey range of services.
"Emerging trends show a definite shift in the outsourcing pattern, where more and more US based IT companies are now looking to set up dedicated "managed centers" instead of captive offshore centers. This is mainly to overcome challenges like prohibitive capital investment costs, start-up & localization demands, and administrative hassles. This is also in order to enable a more intensified and focused approach towards their primary business objectives", he added.
Synechron's SDC Program
The Strategic Development Center (SDC) program enables clients to create their own 'managed' Offshore Development & Delivery Center in collaboration with Synechron.
Via the SDC program, Synechron will offer Asurion turnkey infrastructure, resource and management support, with a global best practices based approach. The new center will offer Asurion the advantage of leveraging the power of its own self-contained, physically distinct, secure Enterprise-class Global Development & Delivery Center with its own dedicated resource team.
The Asurion SDC is designed to meet world-class ergonomic standards to ensure a harmonious and stress free working environment for optimized productivity. The center has also been custom designed with theme décor elements in keeping with Asurion's global office standards to represent a blend of cutting edge sophistication along with the trademark dynamism and energy of Synechron.
The SDC Program is based on a dedicated 'managed' center delivery model offering enhanced benefits via an efficiently run, fully operational set-up right from day one, with administrative and management support of a well established organization at the offshore location. Such centers are also better equipped to optimally manage all employee related issues, including talent management, retention, development of a long term intellectual capital base and ensuring a paradigm of sustainable quality & productivity. Thereby reducing time to market for the client, providing an ongoing cost, quality, productivity and scalability advantage and quite simply, delivering more value for less.
About Asurion
Asurion is a pioneering provider of enhanced insurance services for the wireless communications industry in the US. The client is the single largest provider of wireless roadside assistance in North America, and the second-largest provider of wireless handset insurance programs.
Asurion provides enhanced services to more than 50 million wireless subscribers. Their products include handset and data device insurance programs, roadside assistance services, warranty management plans, equipment management solutions and a variety of other customized products.
About Synechron
Synechron is a Global IT Solutions & Services provider with a niche focus on the BFSI (Banking and Financial Services) space with headquarters in New Jersey, global offices in the US, and a state-of-the-art Development Center based in Pune, India. Synechron provides a range of IT solutions with a domain focus in Capital Markets, Insurance, Mortgage Banking and Internet Media & Technology. Services include development, customization, integration, maintenance, support, migration, automation, QA Services and KPO services. For more information visit www.synechron.com
Siddharth Madhusudan for corporate communications
