Mahindra Satyam to build smart grid research center in Ontario

Waterloo, Ontario, September 19, 2011 — Mahindra Satyam, a global consulting and IT services provider, announced the development of the Smart Grid Research and Innovation Center on the University of Waterloo campus in Ontario, Canada.

The RIC will provide students, teachers and IT professionals the tools to foster and evaluate innovative developments of next generation smart grid technology. The center development is part of an ongoing strategic memorandum of understanding between Mahindra Satyam and the University of Waterloo.

The RIC, developed in collaboration with the University of Waterloo's Institute for Sustainable Energy, will draw upon the collective expertise of university faculty members from areas including mathematics, chemistry, mechanical, computer, electrical and systems engineering.

Mahindra Satyam's institutional expertise in smart grid data analytics, renewable systems integration, electric vehicles and integration with the distribution grid and micro-grids for rural and remote applications, will help to safely and responsibly develop innovative solutions for the Canadian and global community.

The objective of the RIC will be to develop a curriculum and related training programs at the university for highly qualified professionals in the smart grid sector, validate and test innovative products and technologies before large scale implementation and provide facilities to university faculty and industry leaders for collaborative work in the sector.

Mahindra Satyam is uniquely positioned to deliver comprehensive services for the RIC by collaborating internally with the Mahindra Group: Bridge Strategy Group for Advisory and Strategy Consulting, Tech Mahindra for Communication and Security services, Mahindra Reva for EV technologies and Mahindra Solar for Renewable Energy technologies. The company recently announced the completion of its Smart Grid Customer Demonstration Center in Hyderabad, Andhra Pradesh, India in June 2011.

The announcement also reflects Mahindra Satyam's ongoing momentum and investment in the Canadian market. Most recently, through its sister company, Tech Mahindra, the company established the Innovation Center for Mobility Solutions in Toronto, Ontario in June 2011.

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