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U.K. Bosses to Recall Offshore IT Work Contractor UK Three-quarters of IT directors said they had no plans to send more IT work offshore in 2009 to locations like India, where the economy is growing by about 9 percent a year Financial Services Firms Offshoring Strategies Driving Growth in India TMCnet The concept of offshoring can either be a blessing or a curse for a company, depending upon the industry in which the company operates. For the banking industry, it is translating into growth in the Indian market. While this is a positive trend for Indian vendors, it is still questionable as to the overall consumer perception Datacom Wins Over IAG Stuff.co.uk Datacom has won a four-year deal to manage IAG New Zealand's IT systems and network infrastructure, ousting Telecom's Gen-i which beat Datacom to secure a $50 million five-year outsourcing deal with the insurance giant in 2003 Investment Outsourcing for the Hedge Fund World HedgeCo.Net The growth of investment research outsourcing (IRO) was initially driven by economics. Sell-side Banks no longer had revenue streams to support the free distribution of research and therefore looked for a cheaper way Net Telephony: ISPs, BPO Units Heave a Sigh of Relief Hindu Business Line The telecom regulator's proposal to allow unrestricted Internet telephony comes as a huge relief for Internet service providers and the business-process outsourcing industries. Both these segments have been demanding for this for more than four years Surveying the High Road to Green Outsourcing Financial Times Business leaders, economic development officials and academics have linked up to examine ways that Scotland can use its expertise to capture more of the fast-growing global market in outsourcing Gartner: India's Top Outsourcers Will Win Bigger Deals PC World India's top outsourcing companies will likely become the next generation of "megavendors" for IT services by 2011, competing for deals worth more than $1 billion, according to analyst Gartner June '08: The Month of Consolidation with 40 M&As Global Services The month witnessed $1.3 billion of deals from 40 transactions as against $1.8 billion of deals from 33 deals in May 08 (excluding the HP-EDS deal) Small, Mid-size IT Companies Avoid Market Rout Economic Times An analysis of 17 hardware, software and BPO companies which have come out with IPOs since 2007 shows that a dozen of them are trading above their respective offer prices. And the common that binds the best stock-market performers are niche offerings and a robust domestic presence Infrastructure Sector Hit by Attrition: Assocham Economic Times The infrastructure sector will create the most jobs with its attrition rate going up to 40 percent, the study by the Associated Chambers of Commerce and Industry of India (Assocham) said Credit Crunch Boosts Demand for Outsourcing and Offshoring in Financial Services Consultants-News A new report from the Management Consultancies Association (MCA), based on a survey of members of the British Bankers' Association (BBA), has found that the credit crunch will drive a new wave of outsourcing and offshoring in financial services as cash becomes tighter Managed and Hosted Services on the Rise as Telcos Make a Play for the Outsourcing Game Trading Markets With global service providers such as BT and Verizon having significantly ramped-up investments in Asia-Pacific, and regional telcos such as Tata, Reliance Communications and SingTel continuously diversifying their offerings, managed and hosted services is poised to constitute a sizeable percentage of operators' portfolio in the next few years |
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