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Infosys named top ten outsourcing/IT integration provider
Infosys Technologies Limited has for the third time been named a top 10 Outsourcing/IT Integration Opens in a new window provider as well as a breakout favorite for customer experience in the Annual Consumer Goods Technology Reader’s Choice Survey. Opens in a new window Read more
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Sybase & Wipro join to power SAP applications on mobiles
Sybase Software (India) Pvt. Ltd. (“Sybase India”), the Indian subsidiary of Sybase, Inc. (NYSE: SY), an industry leader in enterprise and mobile software and Wipro Infotech, the India and Middle East IT Business of Wipro Ltd and a leading provider of IT and business transformation services, today announced a partnership to extend SAP applications to a variety of mobile device types. With these solutions, SAP customers will be able to securely access their business-critical enterprise applications while on the move. Read more
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Survey reveals that 75% of executives prefer domestic vs offshore outsourcing
Westborough, MA, Feb 25, 2010 (PRWeb.com via COMTEX) — Advans, a solution provider and IT consulting firm, has announced today, the results of a survey that highlight the growing popularity of domestic outsourcing. According to the Advans’ IT Outsourcing Survey, 75 percent of executives prefer outsourcing domestically rather than offshore. Additionally, the survey found that 37 percent of executives were interested in additional outsourcing of at least some IT functions in the next 12 months. The top two areas under consideration are QA activities and database administration. Read more
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Finance & Accounting Outsourcing expected to grow in 2010
DALLAS, February 25, 2010 ─ The Finance and Accounting Outsourcing (FAO) market in 2010 is expected to resume a growth trajectory more similar to pre-recessionary levels, moving towards 20 percent and reach nearly US$3.7 million in annual contract volume (ACV), according to the Finance & Accounting Outsourcing Annual Report 2010 by Everest, a global consulting and research firm. Annual ACV growth slowed to 11 percent in 2009, as compared to 20-plus percent growth rates in 2006-2008, according to the study. The FAO market reached US$3.1 billion in annual spending (ACV) last year, representing about US$24 billion in total FAO spending. Read more
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Electrolux signs a five year IT Infrastructure outsourcing with HCL
Noida, India/London, UK – February 22, 2010 – HCL Technologies Ltd. (HCL), a leading global IT services provider, today announced that it has signed an IT Infrastructure Management engagement with Electrolux, a global leader in home appliances and appliances for professional use. Read more
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Wipro signs 10-year IT outsourcing contract
IT major Wipro Ltd, and leading public sector bank Punjab and Sind Bank (PSB) today announced that they have signed a 10-year contract for comprehensive IT outsourcing services for PSB. The contract was signed in Delhi in the presence of Sardar G.S.Vedi, Chairman & Managing Director, Punjab and Sind Bank and Anand Sankaran, Senior Vice President and Business Head, Wipro. Read more
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Outsourcing Market Continues to Signal Global Recovery
DALLAS – (Business Wire) The outsourcing and offshoring market witnessed continued trends of global recovery as evidenced by sustained global transaction activity led by buyers in the United States and Europe, continued captive growth, increased hiring by leading Indian suppliers, and other indicators, according to the Market Vista: Q4 2009 report by Everest, a global consulting and research firm. Everest’s quarterly study on global outsourcing and offshoring activity reports transaction volume in the fourth quarter was similar to the third quarter, but a few mega-deals pushed annual contract value (ACV) up 72 percent to about US $4 billion. Read more
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Wipro Receives 2010 Global Impact Award from Metro Atlanta Chamber of Commerce
Wipro Technologies, the global IT Services business of Wipro Limited (NYSE:WIT) today announced that it has received the Metro Atlanta Chamber of Commerce Global Impact award. Global Impact Awards are presented annually by the chamber, honoring companies that helped attract, retain or expand international business in the metro area each year. Read more
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Northern Trust wins one Billion Investment Operations Outsourcing from Independent Franchise Partners
LONDON, Feb. 16 /PRNewswire/ — Northern Trust (Nasdaq: NTRS) has been selected to provide investment operations outsourcing services for over US$1 billion in assets for London based investment management start-up, Independent Franchise Partners (IFP). Read more
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HCL partners with Software Provider nMetric
Sunnyvale/Noida, February 2, 2009 – HCL Technologies Ltd. (HCL), a leading global IT services provider, today announced a partnership with software company nMetric to provide intelligent shop floor solutions to automotive manufacturers. Read more


