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Reksoft Reps Spoke on Advanced Technology at Russia’s Premiere Software Engineering Conference

Reksoft, a leading software development outsourcing provider in Eastern Europe and part of Technoserv Group, today announced SECR 2012 – Software Engineering Conference Russia featured Reksoft speakers. Organized since 2005, CEE-SECR (http://www.secr.ru) is the key annual software event in Central and Eastern Europe that is regularly attended by more than a thousand participants from the [...]

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EPAM Systems Reports Third Quarter 2012 Results

Third quarter revenues of $110 million up 6% sequentially, and 27% year-over-year; Raises full year revenue and adjusted earnings growth guidance NEWTOWN, PA, November 8, 2012 – EPAM Systems, Inc. (NYSE: EPAM), a leading provider of complex software engineering solutions and a leader in Central and Eastern European IT service delivery, today reported the following [...]

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IT Services Get Closer to Home

After more than a decade of offshoring IT services to countries with lower wages, can CIOs afford to consider sourcing work stateside anymore? The answer, say outsourcing experts, is increasingly “Yes.” Bob Bayer, IT director at Forest City Enterprises, recently transferred the $1 billion real-estate company’s previously outsourced help desk to New York City-based Genesis10, [...]

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Outsourcing – The Pros and Cons

If you are an entrepreneur of the internet age, you are probably aware of the importance of outsourcing in a business model. Several business owners depend on outsourcing for their day to day business processing. This clearly exemplifies that outsourcing is the buzz word in the market and it is here to stay. IT Outsourcing [...]

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Outsourcing Contracts Down by 19%, Says Researcher

The number of new IT and business process outsourcing contracts worldwide dropped year-on-year in the third quarter, with contract values also decreasing, a research firm said. Everest Group, which had reported a drop of 20% year-on-year in the second quarter, said the number of contracts was down to 381 in the third quarter from 472 [...]

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Outsourcing Disruptions on the Increase

Service failures by outsourcers is now one of the top three causes of supply chain disruption, a survey by the Business Continuity Institute (BCI) published today has found. The survey revealed failure of service provision by outsourcing suppliers has doubled from 17 per cent in 2011 to 35 per cent in 2012. The reasons behind [...]

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Outsourcing vs. Offshoring

This election has been predominantly about jobs and job creation. Companies are now taking public sentiment and reputation in to account when electing to use domestic outsourcing instead of offshoring. We have seen a public backlash when it comes to outsourcing. It has become a dirty word in the Unites States. Paul Harty, President of [...]

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How the Presidential Election Will Impact IT Outsourcing

The issue of offshore outsourcing and its impact on American jobs has been front and center throughout the 2012 U.S. presidential campaign. But as election day draws near, both President Barack Obama and former Massachusetts Governor Mitt Romney are singing more or less the same tune on the subject-offshoring is bad; job creation is good. [...]

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5 Ways to Build Better IT Outsourcing Relationships

Many factors can impact the financial case for IT outsourcing, from general market conditions to specific IT service provider strategies. CIOs can control only a few of them. Yet, too often those issues that the IT organization does has influence over are glossed over or ignored when building the outsourcing business case and negotiating the [...]

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Promwad to Unveil Its Developments at Electronica 2012

On November 13 -16, Promwad Innovation Company takes part in the largest international exhibition of components and assembly, Electronica 2012, in Munich, Germany. The company presents its latest developments made for the Russian electronics market. Promwad’s projects are made on a turn-key basis, which involves the full development cycle, from product concept to prototyping. The [...]

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