It’s nobody’s case that outsourcing is an efficient, cost-saving market strategy that transcends industries, be it furniture-making reports that between 2000 to 2006, Chinese furniture imports to US have almost doubled from $17 to $30 billion, simply because they are 25% cheaper), lab testing , in-vitro fertilization (Against $80,000 in the US, surrogacy costs only $20,000 in India, according to Associated Press, December 30, 2007 report, outsourcing pregnancies to India. Read more
Written by Radhika · Filed Under Outsource Blogs | 1 Comment
Recently Financial Post carried a news mentioning that The Toronto Star has asked its entire unionized and non-unionized staff to take voluntary severance packages as the newspaper is toying with the idea of contracting out most of its editorial and production functions. Read more
Written by Radhika · Filed Under BPO Blogs | 2 Comments
Wipro Technologies, the global IT services business of Wipro Limited (NYSE:WIT) announced the inauguration of its global delivery centre at Chengdu, China to provide IT & BPO services to its customers. The center will have secured facilities, labs and infrastructure for customer projects and can grow to provide a capacity of 1000 seats. Read more
Come January 1, 2010, with the proposed changes in the VAT rules, UK’s financial service companies would no longer be able to enjoy the tax breaks for outsourcing. Read more
Written by Radhika · Filed Under Outsource Blogs | Leave a Comment
A report from the Center for Research in Innovation and Competition in the University of Manchester concludes, “Firms, even large multinational corporations, can no longer expect to be totally dependent on their in-house research and technology resources to maintain innovative performance.” Read more
Written by Radhika · Filed Under Outsource Blogs | Leave a Comment
London, Stockholm, Sunnyvale, CA and Noida, India – 23 November, 2009 – HCL IBS Ltd. part of HCL Technologies Ltd. (HCL), a leading global IT services provider, has been awarded a major service contract by Equitable Life Assurance Society (Equitable Life). The contract, which starts in March 2011, will deliver substantial cost benefits to Equitable Life’s policyholders through the transfer of core processing and support activities required to run its closed book of business. Read more
Wipro Technologies, the global IT services business of Wipro Limited (NYSE:WIT) today announced the expansion of its Atlanta development center. The newly expanded center, focused on delivering world-class services, will continue to create new job opportunities in the local community. Read more
The other day I happened to stumble upon a career portal launched by a Tirupur (Tamil Nadu) based textile group that offers video conferencing facilities to recruiters, wanting to widen their multi-cultural resource pool? Read more
Written by Radhika · Filed Under HRO Blogs | Leave a Comment
Sunnyvale, CA; Noida, India — Nov 19, 2009 – HCL Technologies Ltd. (HCL), a leading global IT services provider, today announced the official opening of a new world-class, Global IT development center in Sao Leopoldo, Brazil, expanding its global footprint. This center compliments HCL’s operations in Sao Paulo and will offer a range of services including Enterprise Application Services, Custom Applications Development and Maintenance, and Remote Infrastructure Management to clients primarily in Latin America, North America and Europe. The company expects to hire over 300 engineers to work at the center by 2012. Read more
Sixty years ago, six young women programmed the ENIAC, the first all-electronic programmable computer that became the basis for today’s IT revolution. Several years later, Google co-founders Larry Page and Sergey Brin have put a rule in place that the percentage of female engineers at Google would not be allowed to dip below 20%. Call it positive discrimination, but the interview process at Google has been altered to make sure that the company meets the gender quota for women. Read more
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