Outsourcing has certainly increased in popularity to the point where instead of being an option that companies can explore, it’s becoming the norm. Instead of outsourcing being used mainly by large companies, small to medium business have started to embrace this concept and are really beginning to benefit from it as well. It has come [...]
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Technological change is accelerating at an exponential rate. Whereas it used to take decades for major shifts to occur, today’s big developments often come about in mere months. Read on to discover the IT outsourcing trends in 2012. 1. The Big Switch: Cloud Computing Companies are gathering, analyzing, and storing more data than ever before. [...]
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The leaders of datacentre businesses across central and eastern Europe will converge on Prague 22-23 February for the second regional summit which will be officially opened by Ing. Miroslav Křížek, Ph.D. General Director of CzechInvest (www.datacentrescee.com). Research by BroadGroup, the event researcher and organizer, suggests that the Central and Eastern European region is increasingly well [...]
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EPAM Systems, Inc. (the “Company”) announced on February 7, 2012 the pricing of its initial public offering of 6,000,000 shares of common stock at a price to the public of $12.00 per share. The Company is offering 2,000,000 shares of common stock and the selling stockholders are offering an aggregate of 4,000,000 shares of common [...]
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As rapid developments are taking place in technology almost every day, businesses are also looking for alternative to cut cost and increase their productivity. Software development outsourcing has become the ideal choice for almost every organization as every company are looking for it to implement. Outsourcing has become an important part for every company especially [...]
Continue reading Everest Group: Global Sourcing Market Dipped Slightly in 2011, Captive Activity Almost Doubled Previous Year
February 9, 2012 No Comment
The global sourcing market saw a marginal decrease in outsourcing transaction volumes in 2011 compared to 2010 due to decreased transactions in the second half of the year, according to Everest Group, an advisory and research firm on global services. After a strong start, transaction volumes dropped in the second half of the year including [...]
Continue reading IBM Breaks New Ground in Ukraine with $200m Ukrsotsbank IT Outsourcing Deal
February 9, 2012 No Comment
UniCredit-owned Ukrainian bank PJSC Ukrsotsbank has signed a 10-year, $200 million IT systems and processes outsourcing contract with IBM. Under the deal, IBM will assume responsibility for the development and support of PJSC Ukrsotsbank’s information systems and applications as well as the management of the bank’s IT infrastructure. Big Blue takes over the management and [...]
Continue reading The Economics of Modern Technology for Improved Business Efficiency – IBM zEnterprise
February 9, 2012 1 Comment
Radical changes are ahead of today’s IT landscape for enterprise computing and it’s not just about technology. Virtualization, blade servers, emerging management frameworks, ILM strategies, and energy efficiency are the end result of a need to shift the fundamental economic equation for the datacenter. The design of application workloads has changed and become more complex, [...]
Continue reading Mikhail Erenburg Delegates Operational Business Management to Andrey Cheremnykh and Will Focus on Strategic Management as a Member of the Board
February 8, 2012 No Comment
Mikhail Erenburg will focus on strategic management of Asteros Group as a member of the Board of Directors. Andrey Cheremnykh, currently Deputy Head of Sales of Asteros will take charge of operational business management. Starting April 1, 2012 (the beginning of Asteros FY2012), Mikhail Erenburg will refocus on IT group management at the Board level. [...]
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A survey of insurance industry CIOs on the level of IT outsourcing shows 85 percent currently are using outsourcing firms for some elements of their operation, according to a new report by the research and advisory firm Novarica. Between 25 and 35 percent of those surveyed also reported plans to increase their level of outsourcing [...]
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