Friday, June 4, 2010
UK slips from outsourcing top spot
3:11 AM | 
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Skyline College
The UK is in danger of losing its crown as Europe’s largest outsourcing market, despite reports from channel players of an uptick in “co-sourcing” deals. France, Germany and Sweden moved ahead of the UK for the first time in Q1, based on the total contract value (TCV) of large commercial outsourcing deals, according to sourcing data and advisory firm TPI.
UK TCV almost halved year on year to €800m (£691m) in the three months to March, compared with more than €1bn in Germany and almost €2bn in France. TPI president Duncan Aitchison said the UK was hit by the lack of large restructuring and renewal contracts during the quarter. But he argued the country’s long-term status as the rich man of European outsourcing was under threat.
The above article was extracted from Skyline updates of Skyline College. Skyline College is amongst the top MBA and BBA institutes in Delhi, Gurgaon (NCR).
Tuesday, June 1, 2010
US Senate begins debate on new Wall Street regulations
The Senate has begun debating proposals for the most significant reforms to financial regulations since the 1930s. After days of deadlock, Republicans and Democrats began arguing over a bill aimed at bringing accountability to Wall Street and avoiding another financial meltdown. Republicans had blocked debate on the bill for three consecutive days, but eventually relented on Wednesday. But they also promised a hard fight to make changes to the reform bill. The key battlegrounds of the debates will be measures to restrict trades in complex financial instruments, called derivatives, and the powers proposed for a new agency to protect consumers. Despite agreeing to a debate, Republican Senator Richard Shelby, who led the blocking campaign, appeared in no mood to compromise on his opposition to the consumer protection agency.
The above article was extracted from Skyline updates of Skyline College. Skyline College is amongst the top MBA and BBA institutes in Delhi, Gurgaon (NCR).
Citibank Russia to outsource ATMs to Diebold
Diebold Inc. said Monday that it signed a multi-year agreement with ZAO Citibank in Russia to handle the bank's automated teller machine services. Financial terms of the deal were not disclosed. Citibank Russia currently has more than 370 ATMs in Russian regions. Under the agreement, Diebold will provide ATM outsourcing services for a portion of Citibank Russia's ATM network, including status monitoring, help desk, currency management and forecasting, cash handling and software distribution along with various field maintenance services. Citibank will lease ATM equipment from Diebold under the deal. Diebold started providing ATMs to Citibank in Russia under a long-term agreement in the first quarter of 2010. The company said it has nearly 60,000 ATMs under different managed services contracts.
The above article was extracted from Skyline updates of Skyline College. Skyline College is amongst the top MBA and BBA institutes in Delhi, Gurgaon (NCR).
Tuesday, December 8, 2009
Outsourcing from Belgium
Belgian Grand Prix is not the only race where Indian hopes are riding high. A worsening economic crisis is forcing companies such as AXA, Dexia Bank, Belgacom, drugmaker UCB and car insurer Allianz in Belgium explore IT offshoring and back-office projects, making it almost USD6.5-billion opportunity for Indian outsourcing vendors including TCS, Infosys and Wipro apart from MNC rivals.
According to Quantum Step, an outsourcing advisory firm, customers in Belgium will spend around USD1.8 billion on infrastructure management outsourcing, almost USD2.6 billion on application development and maintenance and nearly USD2 billion on BPO this year.
We have recently started discussions with some Indian suppliers for pure offshoring of our ERP maintenance "it would be fair to assume that until last year, we were not prepared for any such initiative", said an official at one of the biggest Belgian enterprises.
Posted by: Skyline College a premium MBA, BBA, Mass Communication and Travel & Tourism institute in Delhi and Gurgaon.
According to Quantum Step, an outsourcing advisory firm, customers in Belgium will spend around USD1.8 billion on infrastructure management outsourcing, almost USD2.6 billion on application development and maintenance and nearly USD2 billion on BPO this year.
We have recently started discussions with some Indian suppliers for pure offshoring of our ERP maintenance "it would be fair to assume that until last year, we were not prepared for any such initiative", said an official at one of the biggest Belgian enterprises.
Posted by: Skyline College a premium MBA, BBA, Mass Communication and Travel & Tourism institute in Delhi and Gurgaon.
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Sunday, December 6, 2009
APS explores outsourcing some IT work
The move comes as utilities face increasing pressure to keep prices low, but some regulators say using offshore labor might be going too far. APS has about 400 employees who work in its information-services department, and another 400 or so contractors to augment its staff.
In June, APS asked for quotations from contractors in hopes of finding some new companies that can provide labor and to set standard prices for the work, spokesman Dan Wool said. APS asked for hourly rates, in U.S. dollars, for workers who can perform a variety of tasks, including areas such as Oracle databases, Web development and help-desk support.
Posted by: Skyline College a premium MBA, BBA, Mass Communication and Travel & Tourism institute in Delhi and Gurgaon.
Thursday, December 3, 2009
CanWest to Outsource Ad Production
Posted by: Skyline College a premium MBA, BBA, Mass Communication and Travel & Tourism institute in Delhi and Gurgaon.
Wednesday, December 2, 2009
Innodata Isogen Signs $4 Million E-Book Contract with New Client
The agreement calls for Innodata Isogen to convert thousands of titles from hard copy and various electronic formats - such as PDF, InDesign and Quark - to the EPUB format. EPUB, the official standard of the International Digital Publishing Forum, is an open standard for "reflowable" content, meaning that the text display can be optimized for almost any device, and is increasingly accepted as the leading standard for e-book production and publication.
Posted by: Skyline College a premium MBA, BBA, Mass Communication and Travel & Tourism institute in Delhi and Gurgaon.
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