News

Outsourcing seen as source of innovation

10.04.2006

An IDC and Capgemini survey of almost 300 executives attending IDC's Outsourcing Forum East last week found that top reasons for deciding to use Business Process Outsourcing in a corporate strategy include reducing costs, driving innovation, and the ability to focus on core competencies.

Bush defends India job outsourcing

03.03.2006, http://news.zdnet.com/2100-9595_22-6045594.html

President George W. Bush on Friday defended job outsourcing to India during a whistlestop tour of an Indian technology city as Muslims clashed with Hindus and police in protests against his visit.

Wipro profit jumps 24 percent, beating forecasts

18.01.2006, http://news.zdnet.com/2100-9597_22-6028044.html

Wipro, India's third-largest software exporter, reported a better-than-expected 24 percent jump in quarterly profit Wednesday, despite pay rises and fewer billing hours, as outsourcing volumes grow.

GM outsources $15 billion in IT work

18.01.2006

General Motors said on Thursday it would outsource up to $15 billion of information technology work as it tries to cut costs and restructure operations.

IBM gets $1.1 billion Gap service contract

17.01.2006, http://news.zdnet.com/2110-9597_22-6027437.html

Gap has contracted IBM to operate parts of its information technology infrastructure, a deal worth about $1.1 billion over an initial 10-year term, the clothing retailer said in an SEC filing on Tuesday. Gap, which has struggled with slower sales, said the deal would help it reduce costs.

IBM wins 7-year Unilever outsourcing deal

24.12.2005, http://news.zdnet.com/2100-9589_22-6007859.html

Unilever has turned to IBM for a seven-year outsourcing contract aimed at transforming its financial transaction services in Europe.

India faces offshore IT skills crisis by 2010

14.12.2005, http://news.zdnet.com/2100-9597_22-5994812.html

The report by consultant McKinsey and Indian IT body Nasscom warns that labor market pressures could leave India facing a shortfall of 500,000 IT staff equipped with the skills to work in the offshore outsourcing industry.

The Ukrainian IT industry again exhibited its products at a nationwide Ukrainian outsourcing forum

30.10.2005

Ukrainian software exporters to be widely represented in the international IT market, much like they were at the world's largest annual high-tech fair CeBIT held in Germany's Hannover in mid-March. The Ukrainian IT industry again exhibited its products at a nationwide Ukrainian outsourcing forum, which was November, 29-30th.

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