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Comarch Annual Report 2012 Now Available in English

The Comarch Annual Report for 2012 presents information concerning the financial situation of the Comarch Group, its key markets and the development of Comarch’s knowledge-based workforce. The Comarch Annual Report for 2012 is an accessible summary of Comarch Group’s business activity. 73 pages of the report contain financial statements in Euro and U.S. dollars, the [...]

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Endava Acquires Testing4Finance

IT services company, Endava, has acquired Testing4Finance Limited, provider of specialist testing services to Financial Institutions.The acquisition of Testing4Finance creates new opportunities for Endava by enriching its financial services testing practice and by adding a number of major investment banks and other financial institutions to its customer base. Mark Firth, former Director of Testing4Finance and [...]

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WITSA Secretary General Visits IBA Minsk

On August 13, Dr. James Poisant, Secretary General of the World Information Technology and Services Alliance (WITSA), visited IBA Minsk. Dr. Poisant came to Minsk at the invitation of the Belarusian IT Association Infopark, a WITSA member since June 20, 2012. The program of the visit included gaining an insight into the Belarusian IT industry, [...]

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EPAM Systems Recognized as a Global R&D and Product Development Services Leader for Enterprise and Consumer Software Markets

EPAM Systems, Inc., a global software engineering and IT-Outsourcing (ITO) provider with development centers across Central and Eastern Europe (CEE), was recognized among the Top 10 Market Leaders in Industry Verticals by Zinnov’s Global R&D Service Providers Rating (GSPR) 2012. GSPR 2012 is an annual study by Zinnov, a leading Globalization and Market Expansion Advisory [...]

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Tapping Ukraine’s IT Potential

Ukraine’s IT outsourcing sector has exploded over the last 10 years to top $1bn in 2011, capitalising on the strong science schools inherited from the Soviet Union. Looking to the future, the sector has the potential to become a real force for Ukraine’s modernisation if it can meet some challenges. IT outsourcing is one of [...]

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Russian Tech Giants Aim to Replicate Success Abroad

The gleaming, glass-fronted building towers over its more traditional neighbours in this quiet street in central Moscow. But it is not just Yandex’s headquarters that stand out. Although the website is little known outside Russia, within the country’s borders it is a giant. It has become the nation’s most popular search engine, leaving Google trailing [...]

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Fewer Outsourcing Contracts Going Around, Says Research Firm

The number of new IT and business process outsourcing contracts worldwide dropped by 20 percent to 411 in the second quarter from 516 in the same quarter a year ago, with average contract values also sliding, a research firm said. “The market is growing, but the pace of growth is slowing down,” said Salil Dani, [...]

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TotalSoft Joins Austrian VÖL – Verband Österreichischer Leasing-Gesellschaften

TotalSoft, the regional software provider and member of Global Finance, became an associate member of VÖL – Verband Österreichischer Leasing-Gesellschaften, the Association of Austrian Leasing Companies. TotalSoft continues to strengthen its operations in Europe and has recently established a new subsidiary in Vienna to serve the DACH region, after having also joined Leaseurope, the European [...]

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DPC De Novo Began Providing Services Within the Framework of the Biggest Outsourcing Contract in CIS

De Novo, the company which provides professional IT-services, the leading DPC and Cloud Center operator in Ukraine, announces the beginning of providing DPC engineering infrastructure services to IBM within the framework of its contract for the maintenance of Ukrsotsbank PJSC, UniCredit Bank ™ information systems. According to the UniCredit group strategy, the functions of information [...]

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Practical Business Intelligence Applications in the Insurance Sector

Insurance fraud detection According to the information available, almost every seventh submitted Insurance claim is fraudulent. This not only includes reports of insurance claims that never happened, but also cases in which indicated sums of loss were much higher than in reality. Insurance fraud causes huge losses in the millions of euros per year for [...]

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