Archive for April, 2008
Wednesday, April 30th, 2008
On this year's Global Outsourcing 100, Accenture was ranked the number one outsourcing service provider for the first time, coming out ahead of IBM, who had garnered the leading position since the list's inception three years ago.
Half of the top 10 companies are from India, reflecting the country's strong ...
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Monday, April 28th, 2008
China has been promoting its outsourcing sector in recent years to tap the booming market. The nation's software outsourcing companies raked in $1.4 billion in revenue in 2006, up more than 40 percent compared with a year earlier. ITO providers in China are projected to earn $18 billion by 2010 ...
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Thursday, April 24th, 2008
Researchers at the Wharton School and careerbuilder.com released new study titled, "Jobs Beyond Borders," based on a survey of more than 3,000 hiring managers and HR professionals and more than 6,700 workers across the U.S.
Among employers who offshore, 50% said they believe offshoring is necessary to compete in a global ...
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Monday, April 21st, 2008
The outsourcing and offshoring landscape has changed considerably in the last few years. Despite the fact that the opportunity for cost savings has been reduced, major gains in both capabilities and processes mean that outsourcing continues to be an attractive option for many companies. Offshore spending is predicted by some ...
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Friday, April 18th, 2008
Wipro, India's third-largest software services exporter, reported a slightly smaller-than-expected 1.7 percent rise in quarterly net profit, and forecast muted growth amid fears a weak U.S. economy will hit outsourcing demand. Here is what is happening according to CFO of Wipro.
ON THE U.S. SLOWDOWN:
"we have seen some form softened ...
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Thursday, April 17th, 2008
According to a recent report in TMCnet, more and more outsourcing companies are aligning their delivery operations along centers of excellence (CoE) - building and leveraging specialized skills within their organizations. Firms use CoE to facilitate knowledge sharing and capability building in niche areas such as pharmaceuticals, automobile, telecom or ...
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Saturday, April 12th, 2008
A recent MSNBC report provides some interesting numbers related to outsouring:
For every 1 dollar spent on offshoring, the U.S. gets back $1.12 (and the global economy reaps another 33 cents), according to a report from McKinsey consultants. The reasoning: As more workers in India and other poor contry land higher-paying ...
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Friday, April 11th, 2008
Driven by the increasing globalization of business, companies utilize offshoring and outsourcing to transform the way they grow their business. This is creating opportunities for more locations globally to attract enterprises and outsourcing service providers to set up in their country.
Top Selection Criteria for Outsourcing Location
Firms are looking to locations ...
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Thursday, April 10th, 2008
According to a recent study published in businessweek, Companies that traditionally rely on India for offshore IT services have been looking for that something beyond India for some time, citing such reasons as high employee turnover and unreliable communications. But the search has taken on added urgency recently, especially for ...
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Tuesday, April 8th, 2008
A recent study by Booz Allen & AmCham Shanghai offers some very interesting data.
Most interestingly, study revealed that firms saw access to the China market as the #1 reason for investing in China; whereas labor cost savings ranked #2.
Top 5 things where China is more attractive to the alternatives include: ...
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