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'Globalization Starts and Ends at India' Financial Express BT Group's (British Telecom firm) CEO, Francois Barrault seems enthused about Indias contribution to their growth and is clear that BT has an India Inside. He narrates his success story and India's role Telecom to Spend Large, Lay Off, to Pull Out of Dive Computerworld Increased automation of customer processing, call-centre offshoring, large investments in mobile networks and fibre, and an expansion of Gen-i across the Tasman, are among Telecom New Zealand's plans to turn the company around Slow but Sure Global Services Beset with a host of issues, architecture services outsourcing has been a slow starter. But there is increasing evidence that measured steps toward offshoring is an unmistakable trend Insurers Increase Outsourcing Activity Insurancemanagement.com The increase has been across the board in functional areas, including BPO, IT, F&A and HR. The engagements involve the vast majority of large insurance companies and outsourcing providers. Many of the engagements are entering the second and third generation of agreements Aviation Outsourcing Comes of Age SDCExec.com Business is booming again in the aerospace industry. In 2006, Boeing booked orders for 1,044 new planes and Airbus nearly 800. With the continuing demand to cut the cost and carbon emissions of air travel, aircraft manufacturing companies are increasingly compelled to reduce development costs and improve the operating efficiency of their aircrafts. To this end, the outsourcing of engineering services is playing an ever more important role, enabling manufacturers to maintain margins and lower costs without compromising quality Recession Fails to Impact M&A Trend Global Services Though the tone was a bit conservative compared to January, substantial M&A activity in IT/BPO was reported in February. Seventy eight percent of the deals happened in the U.S., despite difficult economic conditions with the largest deal being Reed Elsevier acquiring Choice Point for $3.5 billion The Global Pharmaceutical Outsourcing Market Was Worth $57.2 Billion in 2007 SOURCINGmag.com It is expected to grow at a CAGR of 10 percent to reach $76 billion by 2010. Global market for Contract Research and Manufacturing Services in 2007 is estimated to be $55.48 billion Survey Lends Succour to IT Sify.com To put the record straight, early indications definitely show a slowdown in IT spending growth in 2008. But then many expect the long-term outsourcing story to remain intact. A survey of CIOs in the fourth quarter indicated a slowdown in IT spending growth for 2008 with just a 2.5 per cent year-on-year hike in the budgets, a far cry from the 5.5 per cent seen in 2007. However, preliminary results from a follow-up survey in early March indicated a change in mood among CIOs with a three per cent increase in budgets Banks to Shift More IT Offshore Finextra.com US and European financial institutions will look to shift more technology operations offshore as budgets are squeezed following last year's credit crisis Outsourced E-publishing Slated for Rapid Growth MSN India The industry is growing at an annual rate of 35 percent Lights, Camera, Action... Global Services It is only a matter of time before Hollywood comes calling with work beyond special effects. With the growing partnerships between movie studios across the globe, outsourcing is set to play a larger role in the media & entertainment industry Finding Value in Auto Solutions Business Standard When an Indian company builds the world's cheapest car and provides the first instance of end-to-end vehicle development in Asia, more than isolated corporate progress, it represents the coming of age of India's automotive engineering design industry. And so the trend: from engineering services outsourcing to actual engineering outsourcing; from segmented insourcing-outsourcing to full capability outsourcing |
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