Skyline Global Outsourcing Update

Indias largest IT player in infrastructure management services HCL Technologies has outbid global majors such as IBM, CSC and HP to wina $79-million deal to manage the IT infrastructure of Singapore Exchange. HCL Technologies on Monday said that it has signed a five-year IT infrastructure outsourcing agreement worth S$110 million, to establish a state-of-the-art data centre and seamlessly connect other global trading hubs to Singapore Exchange (SGX).

BSE listed HCL Technologies stock went up Rs 12, or 3.3 percent, following the announcement of the deal. SGX stock listed on its own exchange went up marginally to close at S$7.5. Industry sources said that HCL Technologies was the sole Indian bidder amongst the seven players that bid for the deal. The deal may open doors for Indian IT companies as many global stock exchanges are looking at IT restructuring, reducing latency and cutting costs.

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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).

IT services company, Cognizant, has acquired global program management consultancy, PIPC Group, to expand its project management skills base. PIPC has some 200 professionals worldwide, mainly in the UK, Australia and New Zealand.

Cognizant president and CEO, Francisco D’Souza, said PIPC’s program management experts will be a welcome addition to Cognizant. PIPC’s strategic program management offerings will strengthen our ability to manage increasingly complex global projects while expanding our geographic footprint, particularly in Australia, New Zealand and the UK, D’Souza said. Formed as the technology arm of the Dun & Bradstreet Corporation in 1994, Cognizant offers outsourcing to India and other geographies. The company has more than 50 global delivery centres and about 85,500 employees.

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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).

An Indian outsourcing firm is to run one of its data handling centres in a local prison as part of a public/private partnership.

Radiant Info Systems has reached a deal with the Indian state of Andhra Pradesh to hire 200 inmates of a state jail to work on data entry and the processing and transmitting of information. The idea is to ensure a good future for the educated convicts after they come out of jail, C N Gopinath Reddy, director general of prisons in Andhra Pradesh, told the BBC.

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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).

HCL Technologies has been ranked # 1 in both Tier 1 Traditional IT Infrastructure Outsourcing and Remote Infrastructure Management Outsourcing (RIMO) space in the 2009-10 survey conducted by Datamonitor.

The survey covers over 700 contracts held by 3,100 of the top ITO spending corporations and organizations globally and shares results across tier 1 and mid-tier companies. HCL Technologies has won the top slot because of its focus on innovation, training and building long lasting client relationships by ensuring great customer experience.

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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).

CompuCom Systems, Inc., the leading IT outsourcing specialist, has changed the name of its Canadian operations, formerly known as CCSI Technology Solutions, to CompuCom Canada Co. This change unites all operations of CompuCom under one name and logo, providing a consistent brand across North America.

Rebranding in Canada is an important part of our strategy and another step in the evolution of our company," stated Phil Soper, Vice President and General Manager of CompuCom Canada. "While our name is changing, the service excellence our clients have come to expect from our organization remains the same. CompuCom Canada is headquartered in Mississauga, ON, and delivers a broad range of IT services to clients across all the provinces of Canada.

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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).

Cognizant Technology Solutions Corp (CTSH.O) is expected to post strong first-quarter results and possibly increase its outlook for the year, driven by robust demand for outsourcing services. Investors are looking past the quarter to see how much the IT services provider will grow in 2010. Some analysts say the company could guide for at least 22 percent revenue growth in 2010. In February, Cognizant gave a 2010 growth outlook of 20 percent, an estimate most analysts view as conservative. In 2009, it grew 16 percent.

The company, which offers business process outsourcing and consulting services, is seen as one of the key beneficiaries of the sharply rebounding $60 billion Indian outsourcing market. Most of the employees and development centers of Teaneck, New Jersey-based Cognizant are based in India.

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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).

Dell announced today that its wholly-owned subsidiary, Perot Systems Government Services, based in Fairfax, Va., is providing a wide range of business process outsourcing (BPO) functions to help simplify operations for the U.S. Citizenship and Immigration Services (USCIS) Field Office Support Services (FOSS). Starting March 15, Perot Systems began providing the necessary resources to help the agency process citizenship and immigration applications in more than 60 of the agency's facilities across the country. In addition, the engagement also encompasses managing records distribution and maintenance, file operations and maintenance, ile and pending application and petition inventory requirements, FBI name and fingerprint checks, interview and oath ceremony scheduling, and data entry.

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The above article was extracted from Skyline updates of Skyline College. Skyline College is amongst the top MBA and BBAinstitutes in Delhi, Gurgaon (NCR).