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The research “Central and Eastern Europe IT Outsourcing Review 2008” provides an evidence of the rapid development of IT outsourcing services market in the Central and Eastern Europe. The CEE cluster becomes the real player on the global outsourcing market. The clients are getting more interested in the “nearshoring” to the CEE region than in the offshoring to India or China.

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“Central and Eastern Europe IT Outsourcing Review” is the project of the Central and Eastern European Outsourcing Association (CEEOA).

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B2BITS®, EPAM Systems’ Capital Markets Competency Center providing tools and technologies for exchange connectivity, OMS and EMS solutions, has announced that it has completed the MFIX Market Data implementation for the Moscow Interbank Currency Exchange (MICEX) Group, the largest exchange in Russia, the CIS, and Central and Eastern Europe.

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International certification company Inspecta Sertification confirmed the validity of the information security standard ISO 27001 certificate for the Baltic Data Center, a leader in the management of data centers and information systems in the Baltic States.

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Eastern European IT outsourcing leaders come together to represent the region at one of the industry’s most prestigious events.

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IT spending took a big hit in the region and based on Pierre Audoin Consultants’ (PAC) preliminary estimates for H1 2009, the overall reduction in IT spending was much higher than the decrease in GDP.

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ELEKS Software Ltd., a Ukrainian IT services and product company, has joined LISA, the world’s leading association in the area of localization, thus becoming the only member from Ukraine.

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misoft systems announces five years since the company started business in Romania.

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Consumer Health Technologies, Inc. (“CHT”) is a Consumer Directed Healthcare (CDHC) software company that offers BenefitSpan™, a total benefit administration and service aggregation platform for healthcare administrators and financial institutions.

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Ukrainian company NET Technology Center WEB100 has become a Sponsor of the “Central and Eastern Europe IT Outsourcing Review 2008”

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