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The global sub prime crisis will force financial institution to offshore more work to cut cost.

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The Gartner Outsourcing and IT Services Summit 2009 explore the smart strategies relevant to sourcing lifecycle – the practical frameworks, advanced sourcing, and understanding the evolving marketplace.

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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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Even highly successful outsourcing relationships encounter hurdles. Despite their best efforts in planning, due diligence, contract negotiation, and other pre-signing activities, buyers of outsourced services can experience situations that fall short of their hopes and fail to fulfill their expectations.

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The revolution in telecommunication and computing allows corporations to benefit from tapping low cost, high quality labor from around the world. As corporations embark on outsourcing initiatives to leverage these benefits, a question corporations often grapple with is: How much to outsource and offshore?

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Enterprises are now renewing their intentions to move into outsourcing environments in this post-recessionary environment.

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Some business owners tend to see offshore outsourcing in a negative light. The greatest sin in offshoring is that setting up partnership overseas limits job possibilities for people with low-skilled professions in developed countries.

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Professor Janusz Filipiak, Comarch Founder and CEO, presented the face of the corporate strategy during the opening of Comarch‘s new headquarters in Lille, France.

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Pursuant to § 5 clause 1 point 22 of the Regulation of the Minister of Finance of 19 February 2009 on current and periodical information to be published.

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According to research quoted in the Wall Street Journal, a third of selection teams decided to keep their finance and accounting functions in-house, despite spending time and money considering FAO.

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