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Intetics has been named a Global Services 100 company for the second time. GS 100 is an annual study conducted by neoIT and Global Services magazine with the aim of identifying the top Information technology (ITO) and Business Process (BPO) service providers across the globe.

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SoftServe proudly announced the distinction of being included into the 2009 Global Services 100, a study recognizing excellence among global IT and BPO service providers.

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Lviv, the city where SoftServe’s European headquarters is located, was included into the list of highlighted destinations, according to KPMG’s Advisory practice.

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Romania has become a highly attractive sourcing destination for companies looking for business process outsourcing, offshore software engineering and contract manufacturing services, according to market reports.

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In 2008 Ukrainian Hi-Tech Initiative conducted a brief research “Central and Eastern Europe IT Outsourcing Review 2007”. This research is one of the few public researches which cover the situation on IT outsourcing market in the Central and Eastern European countries, and it has received a great number of positive feedbacks.

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Itransition is in the list of top 100 innovative service providers of the year 2009 and now the company is featured in Global Services 100 list.

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Market Overview Following EU accession in January 2007, Bulgaria’s IT market enjoyed growth of around 28% in that year to a value of US$687mn, and continued to expand in 2008.

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The global outsourcing & offshoring market is expected to grow from approximately $10bn today, to between $50bn and $60bn by 2009.

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Specialists from Infopulse traditionally visit the event to meet partners and clients. Also this is a good opportunity to share their experience with colleagues from all over the world.

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Recently, I decided to take a look at the impact of recession on offshore outsourcing: that the players will face pricing pressures, reduced profitability and less growth compared with the golden times, and that there will be an imperative to deliver tangible business value to customers.

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