Tata Consultancy Services, provider of IT services, consulting and business solutions, announced today that it has been ranked third in the FinTech 100, an annual international listing of the top vertical technology vendors that derive more than one-third of their revenue from financial services industry as named by American Banker, Bank Technology News and IDC Financial Insights. Read more
ZAO Hewlett-Packard AO today announced an agreement with ROLF Group, a leading Russian importer and retailer of cars, to migrate ROLF’s information technology (IT) and applications infrastructure to an HP cloud environment, enabling greater flexibility and aligning IT costs with business needs. Read more
Genpact has significantly grown its presence in South Africa in the past 12 months, signed contracts with five new clients since the beginning of 2011. Genpact’s growing South African client base comprises various industries slike construction, telecommunications, mining, consumer packaged goods, services, retail, and insurance. Read more
Tata Consultancy Services (TCS), today, announced the launch of TCS BaNCS Core Banking Release at event for banking and capital markets, in Toronto. This version continues to build on the industry’s leading scalability , functionality, and flexibility for which the software has come to be associated globally. The new version comes with many features like the following: Read more
Infosys BPO Ltd., today announced that it has been recognized as ‘Market Contender with momentum moving it towards Major Player’ in the recently released ‘MarketScape: Worldwide HR BPO 2011 Vendor Analysis’ (Doc #229437), July 2011, by International Data Corporation (IDC). Read more
Wipro BPO, the Business Process Outsourcing arm of Wipro Technologies today announced the inauguration of its first rural BPO center at Manjakkudi Village in Tamil Nadu. Wipro Technologies is the Global Information Technology, Consulting and Outsourcing business of Wipro Limited (NYSE: WIT). The Manjakkudi center has a capacity of 120 seats, and will open with a 50 seat pilot project for an international client in the retail sector. Wipro plans to expand its rural BPO operations to 500 seats by March 2013, in Tamil Nadu and to replicate this BPO model across other states in India, in the near future. Read more
Research organization Gartner predicts world BPO market to grow 6.3% in 2011 and 5% in 2012. In US, the world’s largest BPO market, may see slow-down due to current economic situation. Read more
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KPMG and EquaTerra chooses TCS as #1 in Nordic region for the second year in key performance indicators. TCS got high scores on Customer Satisfaction, Recommendation, Quality, Flexibility, Innovation, Relationship Management (Strategic), Risk and Transition Management and Governance. The company was ranked number one for general satisfaction in the Nordic region, attaining a general satisfaction rate of 79 percent (significantly above the average industry satisfaction rate of 69 percent). Read more
Research firm Gartner puts Infosys accounting and financial BPO in ‘Leaders Quadrant’ of the Magic Quadrant. The Magic Quadrants depict markets using a two-dimensional matrix that evaluates vendors based on their completeness of vision and ability to execute. The report evaluates a qualified group of 16 vendors in the Comprehensive F&A BPO market. Read more
Bangalore, India, July 28, 2011, With the blurring of geographic boundaries and the need to expand in global emerging markets, business leaders at the world’s largest companies see strategic innovation as crucial to their future growth plans, according to an exclusive Wipro-Forbes Insights survey. The in-depth insight study examined and summarized the views of over 300 CEOs and other C-level executives at global enterprises (Defined as corporations with USD 500 million-plus in annual revenues). Read more
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