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While the IT-services outsourcing market of Central and Eastern Europe is not more than 1 percent of the nearly $386 billion (est. 2007) global outsourcing market, providers like EPAM are grabbing this opportunity to emerge as global players.

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To better understand key market trends and how they affect the mature IT outsourcing market, Everest conducted an ITO study during the third quarter of 2007.

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The IT solution provider Affecto has signed a multi-year agreement with the Latvian state revenue service to deliver an Excise Movement and Control System (EMCS). The value of the project is over four million euros.

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The Aimtec Company, a provider of specialised IT solutions and services to customers in Central and Eastern Europe with a tradition of over ten years has established a new Nearshore Outsourcing Centre in its headquarters in Plzen.

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AIDOSS has started the long-term with the South German company for the new media software development

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BSB received a nomination for the title of Solid Employer of 2007 in kujawsko-pomorskie voivodeship. The award is granted by Media Partner Group, the publisher of Przeglad Gospodarczy in Gazeta Prawna. It is already the 4th edition of this contest.

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On January 28, 2008, TechnoPark Corp. successfully announced their ISO 9001:2000 certification. TechnoPark Corp., a custom software development company, specializes in web systems, VoIP technologies, enterprise application integration, and data warehousing. Their outsourcing software development services are specifically designed to be customer friendly, which is why certification was so valuable to TechnoPark Corp.

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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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LogicaCMG is creating a new Outsourcing Services division, which develops its existing outsourcing model, in response to customer demand across Europe.

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Microsoft is the world leader in software. Microsoft Partner Program is dedicated to companies, which provide information Technologies solutions and consultancy based on Microsoft technologies platforms in the fields of design, development, implementation, integration, seminars or technical support.

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