Outsourcing News

“This merger, if it happens, will only make situation worse for them by potentially creating a third competitor”

Reuters Posted online: Tuesday , May 13, 2008 at 1604 hrs IST Bangalore, May 13: Hewlett-Packard's move on Electronic Data Systems Corp is likely to spark a round of consolidation in the technology outsourcing ... via Express India

Comment?

Global outsourcing has moved past corporate penny pinching, according to industry experts.

Instead the key is to treat outsourcers as an arm of the business, with customers expecting suppliers to have intimate knowledge of their workings and to get access to top-flight skills across the globe from their suppliers.

Comment?

Siemens IT Solutions and Services, a leading provider of IT technology solutions, announced today that it has been awarded a global 5-year contract to provide end-user outsourcing services to NIKE, Inc.

Comment?

EDS, a leading global information technology services company, today announced it has been positioned by Gartner in the Leaders quadrant in the "Magic Quadrant for Managed and Professional Network Service Providers, North America, 1H08/2008"(i) report.

Gartner, a leading analyst firm, states companies positioned in the Leaders quadrant "are performing well today, have a clear vision of market direction and are building competencies to sustain their leadership positions in the market." The report also notes "vendor and customer experience weighs heavily in the Leaders quadrant. All of these vendors have demonstrated that they have significant network management and outsourcing experience, and understand the dynamics needed to deliver network-centric IT services successfully."

Comment?

Denver Business Journal - Offshoring recently helped TeleTech Holdings Inc. report the highest quarterly revenue in its 25-year history -- rocketing shares nearly 24 percent on Feb. 8, amid projections the Englewood-based company would experience double-digit growth in the next two years.

But while much has been said about the financial benefits of offshoring, TeleTech executives say the company's global expansion isn't simply about boosting the bottom line through "cheap labor."

Offshoring is part of an elaborate strategy to give TeleTech's 250 clients a broader range of services and build the company's customer base, they say. ...

Comment?

Source: www.business-standard.com KPMG, the $20-billion global advisory and audit firm, is set to broaden its basket of operations in India as it sees annual growth of 40 per cent in the coming years as well.

Comment?

United Auto workers at the General Motors Fairfax plant are standing on the picket line, which means employees of related businesses are standing in the unemployment line.

The UAW is striking over issues of seniority and the outsourcing of jobs.

Comment?

NEW DELHI: Tech Mahindra, the sixth largest IT exporter, has bagged a $700-million contract from British Telecom for transforming and improving BT's IT estate or infrastructure.

Comment?

Many an international IT companies have been affected by the earthquake that hit Wenchuan, Sichuan Province on May 12.

In recent years, Chengdu has become an emerging software outsourcing and semiconductor center in China. A number of international companies, including Microsoft and Motorola, have set up their factories or offices in Chengdu.

Comment?

Over the past 20 years, companies regardless of size, location or business vertical have undergone a transformation that is unlike any other in recent history.

Comment?