Home » 2012 » July (Page 4)
Results of the Meeting of the Board of Directors

JSC SITRONICS (“SITRONICS” or “the Company”) (LSE: SITR), a leading provider of telecommunications, information technology and microelectronic solutions in Russia and the CIS, today announces that the Board of Directors made the following changes to the Executive Board of the Company: Maria Yurgelas was included into the Executive Board instead of Vladimir Yasinsky. While retaining [...]

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Unicorn Systems and Alstom Grid Have Joined Forces for Network Modeling Database Project for ENTSO-E

Unicorn Systems and Alstom Grid combined strengths of their products to support ENTSO-E, the association of the European Network of Transmission System Operators for Electricity, in performing its energy policy goals. The target system (Network Modeling Database – NMD) was recently launched to improve TSOs’ long term coordinated and standardized planning of the European transmission [...]

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Mega IT Outsourcing Deals Move Offshore

An analysis of second quarter outsourcing deal activity reveals an increase in billion-dollar-plus deals, all of them awarded outside the mature U.S. and European markets. Mega-deal outsourcing deals–those contracts with a value of $1 billion or more-picked up in the second quarter of 2012, according to the quarterly Global TPI Index. Five mega-deals were signed [...]

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SAP Authorizes IBA Group as its Partner Center of Expertise

SAP AG authorized two members of IBA Group, namely IBA Minsk and NIIEVMService as SAP Partner Center of Expertise. IBA Group has been applying SAP products in custom projects since 1996. The IBA SAP team consists of 300+ highly qualified SAP consultants, business analysts, and ABAP developers with extensive experience in diverse SAP projects. Approximately [...]

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Outsourcing: Effective Management or Business Risk?

In an effort to standardise and centralise processes, as well as minimise costs, many companies turn to outsourcing some or all of their IT processes. However, this introduces new and challenging risks to the business environment that, if not planned for and managed correctly, can end up costing the enterprise more money than it saves. [...]

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IT Outsourcing for SMEs

IT outsourcing is nothing new. Or is it? There are several gotchas. But it is important to understand where we’ve come from to learn from past mistakes and take advantage of new opportunities. Read on… Outsourcing vs. Offshoring First, let’s differentiate between outsourcing and offshoring. Outsourcing is the act of contracting with another company to [...]

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Outsourced Workers: Building a Business Case for Managing Your Non-Strategic Workforce

Outsourced Workers are service workers contracted through a supplier who have been hired to perform a specific function outside of your organization’s core business. A few examples include facilities management, janitorial services, food services, and security services. Companies have found that they have measures in place to track and manage their full-time and contingent or [...]

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EPAM Joins OpenTravel Alliance to Contribute to Travel Industry Standards

EPAM Systems, Inc. (NYSE: EPAM), a global software engineering and IT Outsourcing (ITO) provider with development centers across Central and Eastern Europe (CEE), today announced its membership in the OpenTravel Alliance. EPAM Travel Competency Center will collaborate with OpenTravel’s leadership and members to evolve the current specification framework with contributions in the area of Loyalty [...]

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Eurozone Crisis Hits IT Outsourcing

IT outsourcing contract values have hit their lowest in five years as fears over the stability of the Euro restrain European business spending. Research on the first half of 2012, carried out by the Information Services Group (ISG), revealed the amount spent on outsourcing in the UK was down 12% to €5.7bn, compared with the [...]

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Microsoft Chose Net Group as Partner of the Year 2012 in Estonia

Microsoft bestowed Net Group the honorary title of partner of the year at its annual partner conference in Toronto in July. “The achievement of the honorary title of partner of the year is a logical and big recognition to our team for good work and efforts. There is no other such partner in Estonia with [...]

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