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Cybernetica, a research and development company based on Estonian capital, secured a research contract with the Defense Advanced Research Projects Agency (DARPA).
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  Despite the growth of outsourcing, the associated risks are putting off many finance professionals and local government organisations.
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  Itransition Group announced today it has been selected in the Rising Star category for The 2011 Global Outsourcing 100® service providers list for the fifth consecutive year.
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  The global outsourcing and offshoring market continued to witness steady growth during the first quarter this year, led by a three-year high for BPO transactions as well as continued investment in new captives.
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  If we look at the information-technology industry in Russia today, we will see a significant gap in the percentage of growth between the IT sector and all others: the average rate of growth of Russia’s economy is significantly lower than the rate of growth of IT.
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  Britain’s outsourcing industry is now almost as big as the financial services sector, generating more than Ј200 billion a year, according to new research by Oxford economics released today.
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  The traditional outsourcing countries are still the most popular and most often used, the most cost-effective solutions come from a few Eastern European states such as Romania or Hungary.
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  The report, called Europe’s Global Sourcing Market: Trends Growth and Prospects, was produced by research firm Everest in collaboration with Egypt’s IT development agency ITIDA.
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  Healey makes an accurate call. His recommendations include more closely vetting potential outsourcing partners and more closely monitoring external service-level agreements.
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