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Archive for December, 2010

December 31, 2010 @ 10:02 am

Indian IT industry Enters the New Year With Optimism

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The year 2010 saw the Indian IT industry slowly returning to normalcy even though 80 to 85% of its export revenue Read rest of story…

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December 30, 2010 @ 11:54 am

Pioneers In Offshore Outsourcing, Patni To Be Sold

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Patni Computer Systems Ltd., a pioneering Indian-American IT services company is expected to be purchased Read rest of story…

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December 29, 2010 @ 10:48 am

Etisalat DB Launches Second Contact Centre In India

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Etisalat DB, UAE’S largest telecom group has launched yet another contact centre in Noida, India Read rest of story…

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December 28, 2010 @ 11:25 am

Gartner Lists Bangladesh In The Top 30 IT Outsourcing Destinations

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Bangladesh has managed to secure a spot in the list of top 30 IT outsourcing destinations due to its cost-effectiveness Read rest of story…

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December 27, 2010 @ 12:49 pm

Capgemini Acquires CS Consulting

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Leading outsourcing provider Capgemini has announced its acquisition of German IT services firm CS Consulting Read rest of story…

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December 27, 2010 @ 12:36 pm

Leading Computer Maker Dell Set To Acquire Compellent

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Dell, the computer maker is all set to acquire Compellent for $960 million or $27.75 per share. Dell bought Read rest of story…

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December 22, 2010 @ 9:07 am

Atos Origin And Siemens Sign €850m Deal

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Atos Origin and Siemens recently declared their partnership to create a European leader in IT services. The deal stated Read rest of story…

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December 22, 2010 @ 9:05 am

Convergys – Leader In Contact Centre Expands In The Philippines

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Convergys Corporation, a global leader in relationship management recently expanded its Philippines Read rest of story…

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December 20, 2010 @ 10:55 am

Teleperformance Wins Contact Centre Agency Of The Year 2010

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This year Teleperformance, UK’s second largest contact centre outsourcer, has been awarded Marketing Read rest of story…

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December 20, 2010 @ 10:49 am

Wipro Inks IT Outsourcing Contract From Vasan Eye Care

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Wipro Infotech, a leading provider of IT and business transformation services announced that it has been awarded Read rest of story…

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December 20, 2010 @ 10:44 am

National Water Company of Saudi Arabia Awards IT Contract To Accenture

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Accenture has bagged a contract from National Water Company (NWC) of Saudi Arabia to design and deploy a thorough IT solution Read rest of story…

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December 20, 2010 @ 10:40 am

Accenture Will Create 100 New Jobs In Ireland

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In the coming years Accenture, a global management consulting firm will create 100 new job opportunities in its new center in Ireland Read rest of story…

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December 20, 2010 @ 10:23 am

Mahindra Satyam Inks Outsourcing Deal With KMD

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Mahindra Satyam, an Indian IT services provider has won a 4year outsourcing contract with Denmark-based technology firm KMD Read rest of story…

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December 14, 2010 @ 12:31 pm

Equaterra – Top UK Sourcing Survey

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Equaterra, independent sourcing advisors in more than 60 countries, has carried out an in-depth study of 220 companies Read rest of story…

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December 13, 2010 @ 5:46 am

Infosys Gearing Up For LPO Acquisition

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Infosys Technologies is on the lookout for acquiring firms belonging to the legal process outsourcing (LPO) unit. It will take into consideration US or domestic firms as long as they have a strong client base with the needed technologies and platforms in the LPO space.

Associate Vice-President of Infosys Technologies Mr Rahul Shah has acknowledged this quest. He said, “We are looking at some LPO players in India for starters. But our major focus is people or firms who have the technology that services the legal industry, including areas such as e-discovery, intellectual property and compliance. Acquisition of technologies or platforms can provide us the transformational potential to impact client businesses.â€

In the domestic market, the specifications for a buyout would inevitably be driven by focus on client base, credential and value play. Mr. Shah stated, “These will be more opportunistic. It could be an LPO which has not been able to scale up, is in distress, but has a good track record and strong client base. Only they may not have been able to spread their engagement within client organizations.â€

Mr. Shah also points out that a domestic acquisition could involve a 50-100 people firm and a company in the US market could be involved purely for its platform in LPO. He elaborated by stating, “The US has been a hotbed of innovation and in a sense has a head-start in bringing-in regulations. That has paved the way for innovative products in the US marketplace.â€

In Infosys the LPO operations would be a part of the BPO’s knowledge services unit. At present the company offers a complete portfolio of legal services to global clients, including document review services, contract management services, legal research services, intellectual property services, litigation and administrative support services and consulting services. By the end of next year Infosys is expected to start off its LPO service delivery from Manila, Philippines.

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December 13, 2010 @ 5:19 am

TCS Extends BPO Services In Philippines

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Tata Consultancy Services (TCS), the country’s largest Information technology (IT) service provider recently announced Read rest of story…

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