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Nordea Bank Lithuania – a subsidiary of Nordea group, which is the leading financial services group in the Nordic and Baltic Sea countries, became a user of DocLogix – information and business processes’ management system and now plans better efficiency of its activities as well as reduction of administration costs.

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During 2008, 400 new public internet access points RIAPs will be opened to Lithuanian people in rural areas. Development of Rural Internet Access Points project financed by Lithuanian government and EU Structural funds is implemented by the Ministry of Interior.

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To gain insights into outsourcing trends in 2008 and beyond, The Outsourcing Institute and EquaTerra are conducting a research study among buyers in the Outsourcing Institute network. The collected data will be released as a series of findings, the first of which will focus on outsourcing trends in the mid market. The mid market here is defined as companies with annual revenues between $500M and $1.5B.

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One of the fastest growing IT companies in Latvia, FMS (Financial Management Solutions), and a leading Lithuanian technology company, Blue Bridge, have announced set up of a joint venture, FMS Lietuva, in Lithuania with the purpose to combine their experience, competence and resources in order to offer new corporate management solutions to private and public sector clients in Lithuania.

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Storage and archiving specialist Proact is undergoing rapid growth in the field of niche outsourcing services such as backup, recovery and storage. Selective outsourcing has increased by 200 per cent over the past 12 months, and this strong growth is set to continue.

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In November 2007 UAB “Baltic Software Solutions” together with CID GmbH signed a letter of agreement on consolidation. CID GmbH is a German company dedicated in software development.

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Aftonbladet is outsourcing its backup and recovery management to Proact. This investment will give Aftonbladet better control over stored information and allow a volume-based payment model to be applied, which will be considerably more cost-effective.

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ERP systems’ consultations company Alna Business Solutions will offer to Lithuanian market business applications’ solutions of SAP – one of the largest companies of such kind in the world. Having launched the design of ERP systems on SAP platform, Alna Business Solutions hopes to reach the turnover of 20 million litas in three years.

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On 21-22 November 2007 in Vilnius already the third European Network and Information Security Conference Cooperation to Enhance Security in Cyber Environment is to take place. The overall objective of the conference is to introduce global initiatives in the sphere of network and information security, discuss increasingly-dangerous cyber threats as well measures and ways to protect from them, share global experience.

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