Outsourcing News Archives

“As we expand our commercial banking capabilities, we're seeing increased interest in our on-demand solutions among financial institutions that want to expand their market reach and relevance”

More than 70 leading financial institutions have selected Digital Insight's Commercial Banking solutions, since the online banking company was acquired by Intuit Inc. via Customer Interaction Solutions

Comment?

India and the increasingly influential Indian-American community appear to be high on the radars of both Democratic presidential hopefuls Barrack Obama and Hillary Clinton engaged in a bitter close fight for ... via Nerve News

Comment?

As part of the company's recent re-branding and growth initiative, One Source VMS's San Francisco-based office will cater to and continue to build the company's west coast clientele. via PR-inside.com

Comment?

Intetics Co. has unveiled a new and innovative outsourcing service designed specifically for midsize companies. via Earth Times

Comment?

“We try to balance our own recruitment with that of using outsourced contractors. The second reason we used outsourced contractors is mainly because of the volumes. To deal with those millions of applications (is time consuming)”

Staggering claims irk Balfour Correctional Services top brass struggled for answers in parliament when MPs turned the heat on them for spending hundreds of millions of rands on consultants to do work for the ... via The Mercury

Comment?

“Carl will advise the company in strategic areas including global expansion, technology and operational leadership, and market strategies”

Wilson has global accountability for all business information technology resources at Marriott International, Inc., a leading worldwide hospitality company with reported sales of $12.2 billion for fiscal year ... via PR-inside.com

Comment?

“It is important to extend the tax holiday so that Indian companies remain competitive”

" - " India's flagship information technology industry is seeking a dose of government benevolence in the federal budget Friday as it grapples with multiple uncertainties. via Times of Oman

Comment?

“Until a few years ago, you could make a good living without a college education”

The rusted carcass of the Republic Steel mill still stands watch over the Mahoning River, its skin faded by rain and snow, a winter wind blowing through long-shattered windows.

Presidential candidates come to stand in its shadowin this once-humming capital of the steel industry to criticize outsourcing, attack trade deals and court the workingclass voters of a city that doesn't work nearly as much as it used to.

It is a ready-made backdrop that Democratic rivals Hillary Clinton and Barack Obama both employed last week as they kicked off their Ohio primary campaigns. Read more

2 comments

Honeywell Aerospace plans to cut 420 manufacturing jobs at its north Phoenix facility. via KVOA-TV Tucson

Comment?

“Accordingly, we have pledged a broad range of support to our fellow pilots at British Airways, including personnel and financial resources, to help resist plans by their airline's management to establish an alter ego operation.”

British Airways has announced a new, stand-alone airline named OpenSkies scheduled to operate between New York and Paris beginning in June, using a single Boeing 757 configured with 82 seats in premium ... via PR-inside.com

Comment?

“With the money I make here, I might be able to buy a house, maybe start a business back home.”

Help wanted: possibly life-threatening risks, little freedom outside work, long hours but competitive pay. via Peninsula Clarion

Comment?

“The separation is a logical step for the company. Our board has reviewed the divestiture and believes it will benefit our shareholders, employees and customers.”

Phaneesh Murthy will be CEO effective April 1. iGATE Corporation, an information technology and business process outsourcing services provider, has decided to sell its professional services business. via Business Standard

Comment?

“A lot of companies have growth of 100% per year”

Julian Ramos Garcia, president of E Scribir Inc, a provider of various outsourcing services said that "with a recession looming in the US, we are getting a lot more calls because people want to cut their ... via Gulf Times

Comment?

“We can't have toys with lead paint in them that our children are playing with. We can't have medicines that are actually making people more sick instead of better because they're produced overseas”

Agencies Posted online: Wednesday, February 27, 2008 at 1126 hrs IST Washington, February 27: Continuing to play the anti-outsourcing card, Democrat presidential front-runner Barack Obama said on Wednesday ... via Express India

Comment?

“We are extremely impressed with the features and performance of TI's DaVinci technology”

DALLAS, Feb. 26 /PRNewswire/ -- Today at the worldwide Texas Instruments Developer Conference , Nuvation, a leading Electronics Design Services firm, is introducing four reference designs based on TI's DaVinci ... via TechWeb.com

Comment?

Infosys Technologies Limited today announced that Cummins Inc., which designs, manufactures and sells diesel engines and related technologies, has named Infosys as one of three Global Preferred Vendors for IT ... via Earth Times

Comment?

“The board of Mapeley has received an indicative non-binding proposal to acquire all of Mapeley's outstanding shares. Discussions are at an early stage and there can be no certainty that any offer will be made or as to its terms.”

Mapeley, the offshore property investment and outsourcing company, has received a bid approach just weeks before it is due to refinance almost 260m of debt. via Telegraph.co.uk

Comment?

HYDERABAD, INDIA: Welcoming the Railway Budget presented on Tuesday, IT services provider Satyam Computer said that it was in pursuit of at least four Rs 1,000 crore to Rs,2,000 crore technology outsourcing ... via CIOL

2 comments

Mississippi Attorney General Jim Hood is blasted in Monday's Wall Street Journal for outsourcing legal work to private attorneys and in turn receiving large campaign donations. via WLBT-TV Jackson

Comment?

“We've implemented z10 systems in our parallel Sysplex environment, which is running live, mission-critical benefits applications for the world's top employers so availability, performance, and reliability are of utmost importance”

Mumbai, Munich, New York, Tokyo - 26 Feb 2008: Big leap in capacity reduces pressure on over-taxed, out-of-power data centers Single z10 equal to nearly 1,500 x86 servers Up to 85% less energy costs Up to 85% ... via IBM Press Releases

Comment?

“Our growth strategy in China is to address the requirements of our global clients in the first phase”

News By Martyn Williams February 26, 2008 Indian IT outsourcing company Wipro plans a big expansion in China in the next two years, its chief operating officer said in Tokyo on Tuesday. via CIO

Comment?

Siemens shareholders are silhouetted as they arrive for the company's annual shareholder meeting in Munich in this January 24, 2008 file photo. via The Boston Globe

Comment?

“The signing of agreements is expected to translate into considerable improved performance in the key pharmaceutical and life sciences segment during the calendar year 2008”

Mumbai, Feb 25 : Uttar Pradesh-based pharma major Jubilant Organosys Ltd has bagged new contracts worth $92 million . via Newkerala.com

Comment?

“Trillium is understood to have attracted interest from a number of potential suitors and any bid from Macquarie is likely to face stiff competition”

MACQUARIE Bank is believed to be considering launching a 1.5 billion takeover bid for British property outsourcing company Land Securities Trillium. via NEWS.com.au

Comment?

“They claimed that the Government had not issued policy guidelines on the issue”

Bank managements agree to start negotiations with UFBU 'IBA has shown greater flexibility in dealing with the unions' demand on pensions' 'One more option of pension to employees being considered' Bangalore: At ... via The Hindu

Comment?

“Our challenge, following the merger, was to provide a consistent IT service across the enlarged UK business and to deliver cost efficiencies through economies of scale.”

The UK's largest house builder Taylor Wimpey has outsourced the management of all its IT systems to LogicaCMG in a deal worth 30m. via Silicon.com

Comment?

“The strike has been deferred as bank employees sensed an indication from the IBA to resolve the issue.”

Mumbai/Chennai, Feb 25 : The All India Bank Officer's Association have deferred their two-day strike till Monday afternoon when they will meet the Indian Banks Association . via Newkerala.com

Comment?

Agencies Posted online: Monday , February 25, 2008 at 1012 hrs IST Chennai, February 25: Indian Publishing Business process outsourcing is expecting to register a 35 per cent growth per annum, a recent survey ... via Express India

Comment?

BLUE BELL, Pa. - Unisys Corporation announced today that its Australian subsidiary has signed a contract with the Australian Department of Defence to provide a range of IT support services to 460 Defence ... via Earth Times

Comment?

“Our work-in-hand is at record levels and all parts of our business are growing strongly with our North American business set to reap the benefits of increased investment in the Canadian oil sands industry”

Transfield Services says an increase in the outsourcing of project maintenance and management has helped it achieve a 35 per cent increase in first-half profit. via Australian Broadcasting Corporation

Comment?

Mumbai, Feb 21 : Bangalore-based hardware and software solutions company Cerebra Integrated Technologies Ltd Thursday informed the Bombay Stock Exchange that it has cleared all its debts. via Newkerala.com

Comment?

“We are pleased to have licensed Beauchamp Enterprise to Tennyson Fund Solutions and feel that this partnership will afford the alternative investment market both opportunity and access to our award winning Hedge Fund Solutions”

Tennyson has integrated Beauchamp's complete set of hedge fund products to form an investment management platform on an ASP basis, significantly expanding their technology and client services offering. via PR-inside.com

Comment?

“You know, if they are enthused about having a bigger research budget and a bigger engineering budget and an ability to take some big advances and go take on their biggest competitor, I hope they will be enthused about coming together”

Microsoft Chairman Bill Gates answers during Q and A session following his speech at Stanford University on Tuesday February 19, 2008 in Stanford. via SiliconValley.com

Comment?

“Small enough to listen, Big enough to deliver. ”

Syntel, Inc., a global Applications Outsourcing and Knowledge Process Outsourcing company, will announce results for the Fourth Quarter and Full Year 2007, before the market opens on Friday, February 22, 2008. via Earth Times

Comment?

February 18, 2008-- Dassault Systemes , a world leader in 3D and Product Lifecycle Management solutions, and Zymmetry Group, the leading manufacturing and sourcing solutions provider focusing on the apparel ... via MCADCafe

Comment?

RDATE:20022008 Dublin - Research and Markets has announced the addition of Datamonitor's new report: Emerging Markets Series: Benchmarking Key Countries Brazil, Russia, India, China and Turkey to their ... via TMCnet

Comment?

Two companies that specialize in performing outsourcing functions for their clients are planning expansions that could mean a total of 120 new jobs in the Rochester area. via Democrat & Chronicle

Comment?

“The first 15 new jets will be delivered by the end of 2008, setting a record-breaking milestone for BJETS. BJETS will have the biggest fleet of private jets in Asia in its very first year of operations”

Corporate Bureau Posted online: Tuesday , February 19, 2008 at 2356 hrs IST Mumbai, Feb 19 The Tata Group, through its hospitality arm The Indian Hotels Company Limited , has invested an undisclosed sum in ... via Express India

Comment?

“Capgemini provides strong value across the implementation life cycle to a variety of industries.”

February 18, 2008-- Capgemini, one of the world's foremost providers of consulting, technology and outsourcing services, was ranked in the "Leaders" category among SAP implementation providers by Forrester ... via MCADCafe

Comment?

Indian employees received an average salary hike of 15.1 per cent in 2007, the highest increase across 14 Asia-Pacific countries, global human resources services company Hewitt Associates said today. via Business Standard

Comment?

“Enterprises across many vertical markets are realizing the benefits our integrated suite of content transformation services delivers to their bottom line”

The Business Process Outsourcing market which is set to grow more than 60 per cent by 2010, has led to a number of IT firms establishing a presence in Australia. via Computerworld

Comment?

“We have been thinking bigger than we have done in the past”

A dozen years ago, many believed that India's Tata Group , the country's oldest and largest conglomerate , was a bloated behemoth that would eventually go under. via PhillyBurbs.com

Comment?

“This would put further wind at the back of the private prison companies.”

The weakening U.S. economy has unleashed layoffs, reduced profits and sucked value from the stock market, but some companies, such as those that run prisons and consult for government, can benefit from harsh ... via The Real Cost of Prisons Weblog

Comment?

“The 2008 Global Outsourcing 100”

Friday, 22 February , 2008, 18:24 Last Updated: Friday, 22 February , 2008, 19:10 New York: Reflecting the outsourcing prowess of India Inc around 20 Indian companies, including the likes of Infosys, Wipro and ... via Sify

Comment?

“We're certainly going to begin to get the tax code to reflect what the needs of middle class families are so we can rebuild a strong and prosperous middle class”

Democratic Presidential hopeful Hillary Clinton has joined party rival Barak Obama in promising an end to tax breaks to companies that ship jobs overseas, playing to the gallery on the hot-button issue of ... via Deccan Herald

Comment?

“The combination of human and intellectual capital, nurturing business community and entrepreneurial spirit found in Monterrey positions the state for amazing IT service growth”

Bangalore, Feb 21 : Infosys Technologies Ltd has opened its first Latin American subsidiary in Monterrey in Mexico. via Newkerala.com

Comment?

IDeaS, the leading provider of hospitality revenue management and optimization solutions, today committed to helping hospitality organisations achieve a sustainable revenue management culture through the ... via Hospitality Net

Comment?

“Once these new acquisitions are fully integrated, we intend to leverage our investments by realizing on opportunities to increase market share and margins in these important regions.”

FirstService Corp. , a diversified property management and services company, says it has completed two acquisitions in its residential property management division for an undisclosed price. via Sympatico Finance

Comment?

“In the matter concerning the order passed by the Hon'ble Supreme Court in response to a petition filed by Som Mittal, HP India would like to clarify that the Hon'ble court has not pronounced either Mittal or HP guilty on any count.”

From correspondents in Delhi, India, 06:32 PM IST The Supreme Court Thursday allowed the prosecution of chief of National Association of Software and Services Companies , Som Mittal, for not providing adequate ... via India eNews

Comment?

Stuart O'Brien Today, 9:50am Indian publisher licenses Metaflow platform to manage content submissions. via Mobile Entertainment

Comment?

“While in the 20th century, leading-edge thinking emanated from the West, today, the rise of Asia is evening that out.”

Source: www.eetimes.com Richard Wallace India is riding a new wave of globalization-"and prosperity-as the economics of IT outsourcing, design and development propel it into a new role as a technology leader. via Offshore Outsourcing World Blog

Comment?

“We would expect this company to provide the same services but better, it will make it easier to access services and deliver better value-for-money.”

Glasgow City Council is teaming up with Serco in a 265m joint venture outsourcing deal to transform IT and property services in the city. via Silicon.com

Comment?

“He is the candidate in the best position to lead our movement to restore the American dream for working people in this country.”

Barack Obama won the blessing today of the 1.4-million-member Teamsters union, who could prove valuable allies in upcoming showdowns with Hillary Clinton. via Boston Globe

Comment?

“CSC has a strong legacy of providing aviation maintenance support that spans the gamut from supersonic trainers to the Space Shuttle simulator aircraft”

Computer Sciences Corporation announced today that it has won an outsourcing contract from the U.S. Air Force to provide aviation maintenance support services for the 57th Maintenance Group at Nellis Air Force ... via Freshnews

Comment?

Satyam inaugurates a 350 seater dedicated delivery center to deliver futuristic solutions using cutting edge Microsoft technologies Hyderabad, February 19, 2008: Satyam , a leading global business and ...