Leonid Reiman, Russia's Ministry of Information Technologies and Communications (MITC), launched the country's campaign to become "the next global leader in outsourcing." According...
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Indian outsourcing companies are acquiring foreign companies to make up for their shaky revenues. India's Satyam Computer Services (SCS) recently purchased Citisoft, a privately owned UK-based...
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Despite recent troubles, US businesses will still outsource work overseas because they cannot afford to do the outsourced jobs themselves. Gartner analyst Frances Karamouzis pointed out that most of...
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Indian IT service provider Wipro Technologies reported strong financial results for its fourth quarter and fiscal year ended March 31. For its fourth quarter, revenue increased 30% to $526 million,...
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The Indian BPO industry has welcomed Nasscom's plan for a standardized test for job seekers. Nasscom announced that it would conduct a pre-qualifying test for all job seekers in call centers and...
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Offshoring entrepreneurs have a wide range of free collaboration tools to choose from. There are weblogs, instant messengers, email, among a lot of other things. However, these methods may not be the...
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According to new research, UK companies are wasting up to �1.5 million and twenty-four months on developing web-based applications when they offshore business processes. In the research conducted by...
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According to a study conducted by Assocham, sourcing in the auto component industry will generate $700 billions to low cost countries by 2015. Additionally, Auto component sourcing from low cost...
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National Association of Software and Service Companies (NASSCOM) said it would help China set up a similar Body of software companies. "The interests of Indian IT services industry [are] taken...
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Lloyds TSB awarded a �170 million five-year deal to Fujitsu Services to improve customer service and cut costs. Under the contract, Fujitsu will take over management of Lloyds TSB's desktops...
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HP will invest $50 million over five years to build a new business process outsourcing (BPO) center in Wroclaw, Poland. The center will drive commerce to Poland, expand HP's growing BPO business...
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The security of offshore outsourcing is now in question as employees of an Indian outsourcing provider were arrested for stealing money from customers. Three former MphasiS employees were arrested in...
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Legal challenges from white-collar unions against sending jobs overseas and outsourcing of services in American and European companies are harming Indian outsourcing. At present, the US employees...
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Chinese Premier Wen Jiabao is set to visit Tata Consultancy Services (TCS) in Bangalore, India. The Chinese leader will arrive in Bangalore on April 10, and will be received by S. Ramadorai, Chief...
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Irish-owned telecoms firm Perlico awarded a �3 million outsourcing deal to MCI. Under the three-year contract, MCI will provide telecom switch management, transit of Perlico telephone traffic across...
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Russia said that it would become the next global IT outsourcing hotspot like India, the world's current leading outsourcing destination. However, the country must overcome competitors from Central...
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According to business daily, Nihon Keizai Shimbun, Japanese-based Nikko Cordial Corp will strengthen overseas operations in India and China. By summer 2005, the company will establish the first major...
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IBM Global Services won a seven-year, $323 million IT outsourcing contract with insurance firm UWV. The contract represents one of IBM's largest deals in the Netherlands. Part of the contract...
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