Information Technology for The World

Outsourcing News

Strong long-term demand seen for outsourcing: Tholons Tuesday, January 6, 2009 @ 9:19AMThe worldwide market downturn will impact the growth and margins of IT companies for the first two-three quarters of 2009 before picking up and ending the year on a stronger note as clients seek to cut costs and generate more revenues, indicates the latest report of Advisory and Research firm Tholons.
IT firms shifting focus from headcount to result Tuesday, January 6, 2009 @ 9:19AME]ven while Indian IT firms are taking steps to reduce costs wherever possible, they are also making their delivery mechanisms stronger with less focus on employee addition.
2008 salary survey makes grim reading for IT staff Tuesday, January 6, 2009 @ 9:00AMAn extensive survey of IT jobs by management consultants Janco Associates makes for grim reading for IT professionals across the board.
2008 salary survey makes grim reading for IT staff Tuesday, January 6, 2009 @ 8:54AM Iain Thomson in San Francisco, vnunet.com , Tuesday 6 January 2009 at 01:33:00 Not very happy New Year An extensive survey of IT jobs by management consultants Janco Associates makes for grim reading for IT professionals across the board....
SMEs may be taxed for outsourced work Tuesday, January 6, 2009 @ 8:02AM SMEs that undertake the bulk of manufacturing for large cos may now have to forgo part of their revenues upfront as tax deducted at source. Competitive economies
How SaaS hurts a fragile IT economy Tuesday, January 6, 2009 @ 7:01AMSaaS is wonderful. SaaS is great. SaaS is killing IT jobs. Software as a service is a wonderful choice for a business manager.
GCC outsourcing to cost 21% higher Saturday, January 3, 2009 @ 2:28PMOutsourcing costs in the Gulf countries is expected to hit 21% higher in 2009, touching $503m compared to $413m in 2008, Gulf News has reported. The industry is faced with big challenges like shortage of qualified staff, inflation, cost per unit, and the telecom costs.
SMALL TALK: Thinking about "sick time" policies Saturday, January 3, 2009 @ 2:21PMNEW YORK ---- At the checkout counter of a Manhattan office supply store, there is a rack stocked with disinfectant spray, throat lozenges, tissues and Vitamin C supplements ---- reminders to small-business owners that a new season, the flu season, is upon us.
India vs China: new world frontrunners against global financial meltdown? Saturday, January 3, 2009 @ 1:29PMIs India able to produce giant leap forwards in China style? Which nation is to lead the next stage global finance, trade, outsourcing, hightech and politics in a new century in view of global financial crisis that is going on? Talk to leading experts.
beyond global financial crisis: China, India, and world competition, jobs, development Saturday, January 3, 2009 @ 10:59AMWhat is the next world finance, economy and politics map post global financial crisis? Which nations are to lead the world: America, China, or India?
Illinois Growth Enterprises Sees Big Business During These Down Times Saturday, January 3, 2009 @ 7:01AMThe Loves Park non-profit acts like a one stop shop for local and international clients.
Economic Scene: The Great Depression then and now Saturday, January 3, 2009 @ 6:25AMThe uncertainty of the future health of the American economy has created an atmosphere of fear, doom, and gloom. The optimists among us persist on predicting a quick recovery, while the pessimists believe we are approaching another Great Depression.
Small Talk: January is a good time to create sick time policy Saturday, January 3, 2009 @ 6:12AMAt the checkout counter of a Manhattan office supply store, there is a rack stocked with disinfectant spray, throat lozenges, tissues and Vitamin C supplements -- reminders to small business owners that a new season, the flu season, is upon us.
RR Donnelley Acquires the Assets of Chilean Web Printer PROSA Saturday, January 3, 2009 @ 4:26AM R.R. Donnelley & Sons Company (NYSE: RRD) announced today that it has acquired the assets of PROSA, a Chilean web printing company located in Santiago, from Copesa (Consorcio Periodístico de Chile) for a cash consideration of approximately $23.5 million.
CA-BUSINESS Summary Tuesday, December 30, 2008 @ 7:51PMLONDON (Reuters) - Oil and gold prices eased on Tuesday after recent price spikes related to violence in the Middle East, while the dollar fell against major currencies and stocks were generally higher. It was the last trading day of the year for some financial markets.
TechTeam Global Announces Restructuring Actions; Expects Solid Q4 2008 Operating Results Tuesday, December 30, 2008 @ 7:13PM TechTeam Global, Inc. , a worldwide provider of information technology , enterprise support, and business process outsourcing services, today announced additional restructuring actions in preparation for the 2009 fiscal year.
Day Highlights: National Semiconductor, Reddy Ice, Lionbridge, ArvinMeritor and Texas Instruments Business Editors Tuesday, December 30, 2008 @ 6:29PM(AP:CHICAGO--) (BUSINESS WIRE) _ Dec. 30, 2008-- Zacks Equity Research picks National Semiconductor Corp. (NYSE: NSM) as Bull of the Day and Reddy Ice Holdings, Inc. (NYSE: FRZ) as Bear of the Day. In addition, the analysts at Zacks Equity Research discuss the latest on Lionbridge Technologies (Nasdaq: LIOX), ArvinMeritor (NYSE: ARM) and Texas Instruments, Inc. (NYSE: TXN).
Narrow 4-3 vote passes; taxpayers face 10-percent increase Tuesday, December 30, 2008 @ 6:23PMmhays@pottsmerc.com
Highlights: Kenexa, Schering-Plough, Cooper Tire, Heritage-Crystal Clean and Merge Healthcare Business Editors Tuesday, December 30, 2008 @ 6:14PM(AP:CHICAGO--) (BUSINESS WIRE) _ Dec. 30, 2008-- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets.
SYNNEX Corporation to Announce Fiscal Fourth Quarter and Year-End Results on January 8, 2009 Tuesday, December 30, 2008 @ 7:11AM SYNNEX Corporation (NYSE:SNX), a leading business process services company, will announce fourth quarter and year-end results for the fiscal period ended November 30, 2008, after market close on Thursday, January 8, 2009. A conference call will be held to discuss the results at 2:00 p.m. PT and will be hosted by Kevin Murai, President and Chief Executive Officer, Dennis Polk, Chief Operating ...
SYNNEX Corporation to Announce Fiscal Fourth Quarter and Year-End Results on January 8, 2009 Tuesday, December 30, 2008 @ 6:57AM FREMONT, Calif.----SYNNEX Corporation , a leading business process services company, will announce fourth quarter and year-end results for the fiscal period ended November 30, 2008, after market close on Thursday, January 8, 2009.
Fleetwood Announces Shares to be Traded Over the Counter; Provides Update on Restructuring Moves Tuesday, December 30, 2008 @ 5:22AM Low Market Capitalization Led to NYSE Delisting Action -
N.C. Based Electrical Power Equipment Manufactuer Adds State-Of-The- rt System Tuesday, December 30, 2008 @ 5:02AMReuel Inc. has installed an ultra-high pressure waterjet cutting system, which is capable of cutting complex parts from virtually any material using water.
Timothy Bay: The Shape of Toys to Come Tuesday, December 30, 2008 @ 4:52AMFacing the challenge of current economic conditions, Santa retooled his product line this season to create new toys incorporating space-age science and the economic spirit of the times.
Mtgs. Procurement: Quality Key Friday, December 26, 2008 @ 4:20PMJUNE 06, 2005 -- Procurement strategies that fail to take service-quality standards into account or are implemented too early or incompletely have increased the cost of meetings at some corporations, according to an exclusive Meetings Monitor survey.
SCHARF: Nation in fight to survive Friday, December 26, 2008 @ 3:31PMIn a rather distorted Christmas message, one of my colleagues blamed those caught up in the foreclosure crisis responsible for the current economic meltdown, calling them "wrongdoers," conniving to work the system, profiting by rewritten loans and generally ruining the dreams of "Johnny and Jane Lunchbucket."
Best wishes for a jobless new year? Friday, December 26, 2008 @ 3:23PMBANGALORE, INDIA: When the news of the global recession started emerging, no one did think that it was only the tip of the iceberg. But it did not take much time for the whirlwind of economic disaster to shake the entire world.
Tata hits the gas on cash for unit Friday, December 26, 2008 @ 3:08PMTata Motors Ltd. has been spending money on its Jaguar Land Rover subsidiary and will continue to do so as needed, a Tata spokesman said this week, after media reports that the Indian auto giant had agreed to infuse the
Pay Per Click Company: Tips to efficiently manage your PPC campaign Friday, December 26, 2008 @ 3:03PMA well-managed pay per click campaign can make a world of difference to the revenue model of your business. The above discussions show the importance of better management of your PPC ad campaign. Before outsourcing your PPC management service, you should measure your efficiency.
Unisys Announces Actions to Reduce Cost Base by More Than $225 Million Annually Tuesday, December 23, 2008 @ 6:26AMUnisys Corporation announced today that it was taking aggressive actions to reduce its costs. Unisys said that it is exploring a wide range of cost-reduction options and that actions currently underway are expected to reduce its annual cost structure by more than $225 million. The cost-reduction actions are part of an overall program, led by new Unisys Chairman and CEO Ed Coleman, to simplify ...
Auto component companies: Going downhill Tuesday, December 23, 2008 @ 6:21AMAuto component companies are hemmed in by lacklustre domestic auto sales and recession-hit export markets. On the back of an economic slowdown and credit crunch, the wheels have come off the global automotive sector.
After Losing Sponsor, Bill Davis Calls It Quits Tuesday, December 23, 2008 @ 6:20AMCHARLOTTE, N.C. -- Just a month removed from his first NASCAR championship, but hampered by the current economic crisis, owner Bill Davis has sold his race team and engine company.
Unisys Announces Actions to Reduce Cost Base by More Than $225 Million Annually Tuesday, December 23, 2008 @ 6:15AMUnisys Corporation announced today that it was taking aggressive actions to reduce its costs. Unisys said that it is exploring a wide range of cost-reduction options and that actions currently underway are expected ...
Unisys Announces Actions to Reduce Cost Base by More Than $225 Million Annually Tuesday, December 23, 2008 @ 6:09AM BLUE BELL, Pa.----Unisys Corporation announced today that it was taking aggressive actions to reduce its costs. Unisys said that it is exploring a wide range of cost-reduction options and that actions currently underway are expected to reduce its annual cost structure by more than $225 million.
Identity Theft Statistics Tuesday, December 23, 2008 @ 6:02AMIdentity theft was first mentioned in literature in the 1990’s, studies showed that between 2001 and 2002 there was an 11-20% increase in this crime, while between 2002 and 2003 this figure had increased to 80%.
Shifting Political Winds on the H-1B Horizon? Tuesday, December 23, 2008 @ 5:57AMOutsourcing firms warn of possible H-1B visa cutbacks.
IPhone Apps Round-up: Printing From the IPhone Tuesday, December 23, 2008 @ 5:56AMThe iPhone can store just about any piece of information your heart desires -- contacts, photos, and Web pages. But getting...
Repairs under way, Internet still hit Tuesday, December 23, 2008 @ 5:30AMNEW DELHI: Internet services in the country remained severely affected on Monday even as repairs continued to three major undersea cables — SeaMeWe (SMW) 4, SMW 3 and Reliance Communications’ Flag – between Egypt and Italy in ...
eTelecare stock delisting nears as parties finalize sale to Ayala Tuesday, December 23, 2008 @ 5:25AMMANILA, Philippines - Shares of US-based business process outsourcing (BPO) firm eTelecare Global Solutions, Inc. will be delisted from the New York and Philippine stock exchanges as the company"s acquisition by an Ayala-led group is finalized.
Examine the World Aerospace and Defense Industry Market Tuesday, December 16, 2008 @ 5:50PM NEW YORK----Reportlinker.com announces that a new market research report related to the Aviation industry is available in its catalogue.
At 3:15 pm (IST), the BSE 30-share Sensex surged 147 points at 9,980 and the NSE Nifty was up 64 points at 3,045. Tuesday, December 16, 2008 @ 5:04PMMarkets have further surged higher in the late trades as all round buying in scrips across the sectors lifted the BSE benchmark Sensex closer to the 10,000 mark. At 3:15 pm (IST), the BSE 30-share Sensex surged 147 points at 9,980 and the NSE Nifty was up 64 points at 3,045.
Issue 110 - 23rd November - 11th January (2009) Tuesday, December 16, 2008 @ 5:01PMOutsourcing, offshoring, nearshoring, smartsourcing or offsourcing? These are some of the many options that recruiters are grappling with when looking to make economies during recessionary times.
is China able to win over global financial crisis Tuesday, December 16, 2008 @ 4:35PMIs global financial and economic crisis reshaping world politics, finance, banking, trade and outsourcing? Profiting from rising Chinese trade, yuan and stock market? How do over a half million international companies make profits in China?
Businesses set to demand more of IT in 2009 Tuesday, December 16, 2008 @ 4:14PM Companies are likely to want more for their money in terms of IT services, as the economic downturn means quick returns on investment and efficiency become priorities
SK C&C India appoints new COO Tuesday, December 16, 2008 @ 3:46PMSK C&C India, a subsidiary of SK C&C Korea, has appointed Sanjay Gupta as the Country Manager and COO in India. Gupta would be responsible for SK C&C’s Global Delivery Center set up in India in addition to providing strategic and operational direction to the responsibilities in India.
Vineet Nayar Tuesday, December 16, 2008 @ 8:06AMA McKinsey study on the last slowdown of 2001-2002 showed the companies that emerged successfully from the downturn were those that used their cash, did lots of mergers and acquisitions, and stepped on the accelerator.
Will Apple jeopardize smartphone lead with $99 iPhone? Tuesday, December 16, 2008 @ 8:00AMThe new CEO of Vodafone, Vittorio Colao, is expected to show his mettle in the New Year by instigating a cost-cutting programme to fulfil his promise to save over €1 billion ($1.36 billion).
Two U.S. pension funds see $52 million hit from Madoff Tuesday, December 16, 2008 @ 7:55AMTwo U.S. pension funds said losses from the scandal surrounding money manager Bernard Madoff may have reached $52 million (34 million pounds), raising questions about whether U.S. retirement savings have adequate safeguards.
Cox cuts 2 percent of nationwide work force Tuesday, December 16, 2008 @ 7:34AMCox Communications recently laid off about 2 percent of its national work force, including some workers in Las Vegas. But hard times in telecommunications may not last, analysts say. A massive infrastructure program planned by President-elect Obama could boost telecoms in coming years.
Virgin shuts Walnut Creek office; 200 jobs gone Tuesday, December 16, 2008 @ 7:18AMMove a result of outsourcing and merger with Helio, not the economy

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