Archive for November, 2009

Foreign Vendors Benefit from Chinese Goverment Outsourcing Initiatives

Monday, November 30th, 2009

China’s importance as an outsourcing location is rising fast, but a fragmented local vendor landscape and a domestic market dominated by Wholly Foreign-Owned Enterprise customers means that it will be the major Western and Indian outsourcing vendors that will reap the rewards, according to a new report from analyst and ...

Growing trend for India outsourcers to expand and hire locally in the U.S.

Sunday, November 29th, 2009

Reflecting a growing trend for Indian outsourcers to expand and hire locally in the U.S. market, Wipro, India's third largest outsourcer, is expanding its development center in Atlanta from 350 to 1,000 staff. The company said that 80 percent of its current 350 employees were hired locally, and includes recent graduates ...

IT Security Still a Concern on Outsourcing

Saturday, November 28th, 2009

The YouGov survey commissioned by IT assurance specialist NCC Group showed that 20% of IT managers working in large businesses believe that their outsourced systems and processes have less IT security than those based in-house, showing lack of confidence in the IT security of outsourcing providers. Currently, 89 per cent of ...

Crescent to Close $36 Million Outsourcing Contract in China

Friday, November 27th, 2009

China Crescent Enterprises’ pending contract with Aoyuan Electronic Co. Ltd in Dalian, China, for $36 million over three years, is expected to close and go into service next month. Company officials said that the CEO Paul Danner is slated to meet with the client in China the week of Nov. ...

China Transforms Manufacturer Center to Outsourcing Base

Thursday, November 26th, 2009

Wuxi, a picturesque city that lies along the Taihu Lake resort of the Jiangsu province, is planning to build an outsourcing base in years to come in order to become a major service outsourcing center. Wuxi is traditionally a manufacturing city, but with a focus on environmental protection, and especially after ...

CDC Global Services to Acquire Microsoft Technology Base in China

Wednesday, November 25th, 2009

CDC Global Services, a wholly-owned subsidiary of CDC Corporation and a provider of consulting, IT and IT-enabled professional services, announced today it has executed a term sheet with the Nanjing High-Tech Zone to acquire a 35 percent stake, with an option for up to a 51 percent stake, in Sowell, ...

Outsourcing Giants More Upbeat as Economy Recovery Underway

Tuesday, November 24th, 2009

With the US economy, the biggest market for India’s over $50 billion outsourcing industry, showing signs of an economic recovery, top honchos at Infosys, Wipro and HCL said their optimism has proven right. The financial results of the country’s top-three software exporters have shown signs of recovery earlier this month. ...

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